Tax hikes in Biden's spending plan could raise $500M less than estimated, analysis shows

Tax hikes in Biden's spending plan could raise $500M less than estimated, analysis shows President Biden on Thursday outlined a slew of new taxes on corporations and the ultra-wealthy in order to pay for the bulk of his signature economic spending plan – but a new analysis suggests the rate increases could generate $500 million less than the White House estimated. https://ift.tt/3Esn7e6 https://ift.tt/3BpBMov October 29, 2021 at 01:59AM