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Biden Eyeing Tax Rate as High as 43.4%

 
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PostPosted: Fri Apr 23, 2021 1:37 am    Post subject: Biden Eyeing Tax Rate as High as 43.4% Reply with quote
ing that addresses long-standing inequality, according to people familiar with the proposal.

For those earning $1 million or more, the new top rate, coupled with an existing surtax on investment income, means that federal tax rates for wealthy investors could be as high as 43.4%. The new marginal 39.6% rate would be an increa...read more
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