Biden plan would hike taxes
Presumptive Democratic nominee Joe Biden has proposed a tax plan that would add trillions of dollars to the Treasury by raising taxes on businesses and upper-income individuals.
Estimated change in tax revenue:
Income/Payroll taxes
Corporate taxes
$500 billion
X
0
50
100
150
200
250
300
350
400
450
$500 billion
100
175
200
215
228
194
181
193
206
219
100
188
214
228
240
209
212
219
231
244
