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Biden Looks to Raise Taxes on Wealthy and Corporations to Shave Deficit

Lael Brainard, the director of the National Economic Council, said lawmakers should raise taxes on companies and the wealthiest while extending the 2017 cuts for those making less than $400,000.

Jim Tankersley
Author: Jim Tankersley

Written by

Jim Tankersley

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Federal Budget (US), Presidential Election of 2024, Tax Credits, Deductions and Exemptions, Tax Cuts and Jobs Act (2017), United States Economy, United States Politics and Government
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