Biden Plans to Raise Taxes on the Rich in New Budget

Brasil Notícia Notícia

Biden Plans to Raise Taxes on the Rich in New Budget
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 TIME
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Biden wants to increase taxes for the richest Americans to boost funding for Medicare

WASHINGTON — President Joe Biden wants to increase taxes to boost funding forand expand the program’s ability to negotiate lower costs for prescription drugs, according to advance details on his budget proposal that will be released later this week.

The Medicare tax rate would rise from 3.8% to 5% on income exceeding $400,000 per year, including salaries and capital gains. The plan is also intended to close what the White House describes as loopholes that allow some income to avoid Medicare taxes.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

TIME /  🏆 93. in UK

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Chinese companies choose Switzerland over US and UK to raise money overseas\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Consulte Mais informação »

Glasgow posties raise £6k for community with cheeky calendarGlasgow posties raise £6k for community with cheeky calendarThe money will go to causes such as Milk Cafe, Living Rent and the Royal College of Nursing.
Consulte Mais informação »

Climate change: Warming could raise UK flood damage bill by 20%Climate change: Warming could raise UK flood damage bill by 20%Cutting greenhouse gas emissions could save millions of pounds in flood damage costs.
Consulte Mais informação »

Manchester Arena attack: Saffie Roussos' father plans to sue MI5Manchester Arena attack: Saffie Roussos' father plans to sue MI5Saffie Roussos' father says the agency has 'most of the blame' for not preventing the attack.
Consulte Mais informação »

Spain plans to introduce cabinet gender equality law\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Consulte Mais informação »

Tory backlash at Government plans to scrap anti-Sewage laws along with thousands of EU rulesTory backlash at Government plans to scrap anti-Sewage laws along with thousands of EU rules💧 Senior Tories have warned that the Government will suffer a series of defeats over its plans to scrap EU laws, including crucial water safety regulations, unless it changes course on the proposals
Consulte Mais informação »



Render Time: 2025-03-01 03:58:52