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Legislative News – 09-14-2021

Democrats unveil sweeping proposal for wealthy tax hikes in $3.5 trillion plan

  • House Democrats have unveiled a sweeping proposal for tax hikes on large corporations and the wealthy to fund President’s Joe Biden’s $3.5 trillion rebuilding plan
  • The top tax rate would turn back to 39.6% on people earning more than $400,000 or $450,000 for couples, and there would be a 3% tax on wealthier Americans with adjusted income over $5 million a year

K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.

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