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Washington Examiner

Washington Examiner

US Politics

US Politics

Biden’s unserious budget plan dodges our most pressing concerns

Washington Examiner
Summary
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74% Informative

On paper, the budget proposes $4.7 trillion in tax increases on businesses and people, raising U.S. income taxes to some of the highest rates in the developed world.

The budget is ominously silent on what happens at the end of 2025 when taxes are set to increase automatically for most taxpayers.