Biden Admin Slammed for Tax Rate Proposal to Avoid Helping ‘White Taxpayers’

Apr 25th 2024 5:33pm EDT

Biden administration proposal to avoid tax rates which “disproportionally benefit White taxpayers” is drawing accusations of being “anything but” equal. In March, the Treasury Department released its 2025 budget proposal, which suggested increasing the top capital gains tax rate to 44.6%. Capital gains tax refers to the sum of money the government takes from an investor […]

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