US President Joe Biden to propose increasing taxes on wealthy

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The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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  • FRANCE 24 English published this video item, entitled “US President Joe Biden to propose increasing taxes on wealthy” – below is their description.

    The Biden administration plans to propose tax hikes on high-income earners, including a near-doubling of the rate paid by wealthy investors. The move isn’t a surprise, but it still has investors feeling jittery. Also, with the latest mission to the International Space Station underway, we take a look at how Elon Musk’s SpaceX has edged out the competition in the space race. 

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    In This Story: Elon Musk

    Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

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  • In This Story: France

    France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

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    Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.

    He is married to Dr Jill Biden.

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