Tag: federal budget

tax the rich

President Biden to Unveil Plan for Increased Spending on Social Programs Funded by New Tax on Multimillionaires

In a televised speech he will make before both houses of Congress on Wednesday, April 28, President Biden plans to unveil “The American Families Plan,” a new tax plan aimed at making the nation’s millionaires pay for desperately needed social support, including increases in childcare spending, education, and paid leave….