The New Paper

April 23, 2021

President Biden reportedly plans to propose a series of tax increases for high-earning Americans

President Biden reportedly plans to propose a series of tax increases for high-earning Americans, including an increase in the capital gains tax from 20% to 39% for people earning over $1M per year. Details have not yet been announced or confirmed.
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This story is from the April 23, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.