On Monday, President Joe Biden released his administration’s new budget proposal. It includes increases in domestic investments and a big boost in military funding. To pay for it, Biden proposed increasing taxes on corporations and the rich — including a new minimum tax on Americans with incomes of $100 million or more. Brian Faler reports.
On Monday, President Joe Biden released his administration’s new budget proposal. It includes increases in domestic investments and a big boost in military funding. To pay for it, Biden proposed increasing taxes on corporations and the rich — including a new minimum tax on Americans with incomes of $100 million or more. Brian Faler reports.