U.S. Congress Panel Corrects Tax Rates for Wealthy Under Biden’s Proposal

WASHINGTON — Americans with incomes over $1 million would see their taxes rise under President Joe Biden’s “Build Back Better https://www.reuters.com/business/cop/whats-bidens-175-trillion-build-back-better-package-2021-11-05 ” bill, the U.S. Congress’ Joint Committee on Taxation said on Tuesday, correcting an earlier analysis that their taxes would fall. Read More