America’s rich will owe more to the IRS under Biden’s latest tax plan — but are they the only ones?

3 years ago 333

Tax Guy

Published: Nov. 12, 2021 astatine 5:05 p.m. ET

New estimates from the Tax Policy Center accidental the apical 1% — households making astatine slightest $885,000 a twelvemonth — could wage an other $55,000 successful taxes adjacent year

As the signifier and contents of the projected Democratic measure strengthening the societal information nett travel into focus, truthful is the size of the taxation measure that affluent radical are poised to receive.

But are they going to beryllium the lone ones bound for much taxes?

New estimates from the Tax Policy Center are projecting that the apical 1% — households making astatine least...

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