Biden's Math of Just Taxing the Rich Doesn't Add Up

Biden's Math of Just Taxing the Rich Doesn't Add Up - Cato Institute

The President's 2024 Budget demonstrates how challenging it is to raise significant new tax revenue from a small minority of wealthy taxpayers.

Adam N. Michel's blog post, "Biden's Math of Just Taxing the Rich ...

Michel's blog post, “Biden's Math of Just Taxing the Rich Doesn't Add Up,” is cited on KSFO's The Greg O'Donnell Financial Hour. Share ...

Biden's Math of Just Taxing the Rich Doesn't Add Up

The President's 2024 Budget demonstrates how challenging it is to raise significant new tax revenue from a small minority of wealthy taxpayers.

President Joe Biden distorts income tax rates for the richest Americans

The wealthiest Americans currently pay an effective tax rate of more than 20% of their income, not 8%. Again, we rate Biden's statement False.

Biden's plan to tax the rich, explained - Vox

Biden speaks at the State of the Union. “We have to reward work, not just wealth,” President Biden ...

Don't Be Fooled by Biden's “Only Taxing the Rich” Claims

Key Takeaways. His budget would allow the 2017 Trump tax cuts to expire, setting all working Americans up for a large tax increase in three ...

Billionaires Rage About Biden's State of the Union Tax Proposals

Even billionaires who voted for Biden are furious they're being singled out “because of how much they have.”

Arguments Against Taxing Unrealized Capital Gains of Very Wealthy ...

Two of the main types of assets that middle-income households own are already taxed in ways that resemble proposals to tax the unrealized ...

The Limits of Taxing the Rich | Manhattan Institute

This report models an aggressive tax-the-rich agenda that pushes tax rates for corporations and wealthy families toward revenue-maximizing levels.

Joe Biden's dubious math on the federal income tax burden - PolitiFact

The richest Americans pay an effective tax rate of more than 20% on the income the government counts under the current tax code.

President Biden's FY 2025 Budget Proposal: Details & Analysis

President's FY 2025 budget tax proposals amount to a gross tax hike of over $5.1 trillion. Explore the Biden budget 2025 tax proposals.

Explaining Kamala Harris's 'unrealized' capital gains tax proposal ...

The “Minimum Income Tax on the Wealthiest Taxpayers,” backed by Kamala Harris, would impose a floor levy of 25% on the total of regular income plus capital ...

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal ...

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax.

By promising the American people he... - The Cato Institute - Facebook

By promising the American people he would only “tax the rich,” President Biden has made his budget math next to impossible.

Spending, Taxes & Deficits: Biden Claims Don't Add Up

Since President Biden took office, he has enacted legislation and executive actions that will cost Americans a net total of $4.8 trillion ...

Harris Unrealized Capital Gains Tax Proposal: Details & Analysis

Learn more about the VP Kamala Harris unrealized capital gains tax proposal, otherwise known as the Harris billionaire minimum tax.

The big flaw in Biden's billionaire tax proposal, according to experts

President Biden wants to raise taxes on Elon Musk, Jeff Bezos, and their cohort of Americans, who are amassing extraordinary wealth that is ...

You Just Paid Your Taxes. Here's How the Superrich Avoid Them.

President Joe Biden is asking people to pay a lot more on these profits. For decades, after all, the tax code has rewarded investors, ...

Biden's Math of Just Taxing the Rich Doesn't Add Up | Cato at ...

So, what's going on? By promising the American people he would only raise taxes on people earning over $400,000, President Biden has made his budget math next ...

Fact Check: Did Biden Raise 'Tax Burden' for Americans Earning ...

A recent post on social media by RNC Research suggested that families earning $20000 would be hit by a Biden "tax burden."