Biden Vows To Raise Taxes on Rich

In his State of the Union address, U.S. President Joe Biden vowed to raise taxes on big companies and the super-rich.

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U.S. President Joe Biden laid down some economic dividing lines on Thursday.

In his State of the Union address, he vowed to raise taxes on big companies and the super-rich:

“I propose the minimum tax for billionaires at 25%, just 25%. You know what that would raise? That would raise $500 billion over the next ten years. And imagine what that could do for America.”

Biden proposed a raft of other measures on taxes.

This video was provided by Reuters.

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