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Biden is set to propose higher taxes for the rich. Here's how they work

Summary by Ground News
President Joe Biden is expected to propose a new tax on billionaires in his State of the Union Address. Biden also is set to propose quadrupling the tax on corporate stock buybacks. The top 1% of Americans controls 32% of the country's wealth, according to a study.

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Bias Distribution

  • 67% of the sources lean Left
67% Left

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abc News broke the news in United States on Tuesday, February 7, 2023.
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