Biden unveils $5.8 trillion budget proposal with tax hikes, spending boosts

Biden's budget plan: Higher taxes on rich, lower deficits

Appearing at the White House with his budget director, the president said the proposal sends a clear message to the public about “what we value.”

President Biden's budget plan: Higher taxes on rich, lower deficits

The higher taxes outlined on Monday would raise $361 billion in revenue over 10 years and apply to the top 0.01% of households.

President Biden's budget plan: Higher taxes on rich, lower deficits

The higher taxes outlined on Monday would raise $361 billion in revenue over 10 years and apply to the top 0.01% of households.

Biden’s budget plan: Higher taxes on rich, lower deficits

WASHINGTON (AP) — President Joe Biden announced a budget blueprint Monday that calls for higher taxes on the wealthy, lower federal deficits, more money for police and...

United States: Biden budget plan proposes higher taxes on the rich

The richest American taxpayers will pay a minimum tax on their income each year in a new budget plan, US President Joe Biden announced on Monday.

Biden’s budget plan: Higher taxes on rich, lower deficits

WASHINGTON (AP) — President Joe Biden announced a budget blueprint Monday that calls for higher taxes on the wealthy, lower federal deficits, more money for police and...