Keyword Analysis & Research: biden tax plan 25%

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Frequently Asked Questions

Is Biden's 28% corporate tax rate really a couple hundred billion dollars?

“That’s a couple hundred billion dollars, and we can pay for these things.” The remarks were the first time Biden had explicitly acknowledged that his initial proposal of raising the corporate tax rate to 28%, up from the current rate of 21%, was shifting amid negotiations on the massive infrastructure bill.

How much would Biden's capital gains tax increase raise?

The Treasury Department had estimated that Biden’s capital gains changes, including taxing unrealized appreciation at death, would have raised $322.5 billion over a decade. Lawmakers will still have the chance to amend the House panel’s proposal, and the Senate Finance Committee is moving ahead on its own track.

What is Biden's American jobs plan?

Dubbed the American Jobs Plan, Biden’s signature domestic policy bill would invest $2 trillion into rebuilding vast parts of the U.S. infrastructure, from roads and bridges to expanded broadband.

Who will run Biden’s new Immigration Review program?

The Justice Department’s Executive Office for Immigration Review (EOIR) will run the program after it gets off the ground, agency spokesperson Kathryn Mattingly told Axios. The Biden administration hopes to get the program going within the next 60 days.

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