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Biden Tax Plan Proposal

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Publish time:03-02-2022
The following tax proposal is from Joe Biden's team before replacing Donald Trump as the United States of America president. As you can see from the tax below proposal document, ​​President Joe Biden's American Families Plan includes a large increase in the top federal tax rate on long-term capital gains and qualified dividends, from 23.8 percent to 39.6 percent for higher earners. As per the below map, ​​thirteen states in the United States and the District of Columbia would have a top combined capital gains tax rate north of 50 percent. States like California, New York, and New Jersey would have combined rates of more than 54 percent. Creating and sharing such a country map is very easy in EdrawMax Online.
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