Taxes will go up for millions of lower- and middle-income taxpayers under the House Democrats’ version of President Joe Biden’s Build Back Better plan, according to two new analyses by the non-partisan professional staff of the congressional Joint Committee on Taxation (JCT).
President Joe Biden’s attempts to convince the American people that Russian leader Vladimir Putin is responsible for high gas prices and inflation has failed, polling data released Tuesday showed.
The 2021 federal income tax returns for President Joe Biden and Vice President Kamala Harris, as well as their spouses, were revealed by the White House on Friday. According to a tax analysis, Harris and the Second Gentleman Douglas Emhoff donated less than half the average charity for earners at their level of wealth.
The word “billionaire” didn’t even exist until 1844. Fifty years later, we got “multibillionaire,” and for the next 127 years, that was enough. But in 2020, the rich got so much wealthier, we needed a new word: “centibillionaires.”
President Joe Biden released his $5.8 trillion budget for fiscal year 2023 on Monday, including significant funding for the police, in an effort to set himself apart from progressives in his party who have advocated for defunding the police. Biden also called for more defense spending and a new minimum tax targeting the rich.
