Biden Won’t Raise Taxes on Anyone Making Less Than $400,000

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  • Bloomberg Politics published this video item, entitled “Biden Won’t Raise Taxes on Anyone Making Less Than $400,000” – below is their description.

    Apr.22 — Bloomberg reports exclusively that President Joe Biden wants to almost double the capital gains tax for wealthy individuals to 39.6%. White House Press Secretary Jen Psaki, when asked about the capital-gains plan at a press briefing Thursday, said, “we’re still finalizing what the pay-fors look like.”

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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.

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