Home Economy HILL TAX BRIEFING: Biden Address to Focus on Economy, Inflation

HILL TAX BRIEFING: Biden Address to Focus on Economy, Inflation

5

President Joe Biden will deliver his first State of the Union address at 9 p.m., and the economy will be a major focus.

Biden will outline proposals to increase taxes on corporations and the wealthy, and reiterate his call for those making less than $400,000 to not be subject to tax increases.

Biden also will call for a variety of cost-lowering legislation, including bills to address the costs of prescription drugs, child care, and energy.

Implementation of the infrastructure law, expansion of apprenticeship programs, and increasing the size of the educational Pell Grant are also expected to be …

Click here for full article…news.bloombergtax.com