A billionaires tax on unrealized appreciation has floated to make up for the billions of dollars in new revenue that would be raised by tax increase.
Build Back Better Act has been launched includes approximately 1.75 trillion dollars to combat climate change, extend health care and ease child poverty.
With the new tax hikes proposal developed this week in Washington, there are notable changes coming to your capital gains and dividend income taxing.
Tax hikes are back into the mind of legislators as they debate who will pay for the newly proposed 4.5 trillion dollar infrastructure bill.
The new administration has just added to the long list of changes, which includes substantial tax hikes. Campaign Tax Plan, American Rescue Plan, American Jobs Plan, American Families Plan.
Should I plan for Biden Tax Policy changes? When will it come? 2021 or 2022? What additional tax planning strategies should I implement?
Now that Joe Biden is President, the blue wave is here. The democrats control the house, senate, and President. It means new Tax Reform!