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The Biden administration on Monday proposed a new 20-percent minimum tax on the wealthiest, vowing to fix the tax code to ensure corporations and wealthy people “pay their fair share.”

White houseDistrict of columbiaUnited statesCfpthe bidenDonald trumpMaya macguineasJoe manchinKyrsten sinemaJoe bidenJoe biden photoBiden photoPresident joe bidenFiscal yearRepublican controlled congressResponsible federal budget