Democrats are questioning Biden’s plan to tax the rich
In April 2011, Barack Obama enlisted the help of billionaire investor Warren Buffett to try to convince Congress. imposed at least a 30 percent tax on Americans earning more than $ 1 billion a year. He was rejected by the walls of Republican opposition and skepticism of some moderate Democrats.
Ten years later, Joe Biden continues his own version of the mission with a plan to raise taxes paid even more aggressively to help fund more than $ 1.5 million in health and education.
Tax lobbyists have warned that the Democratic president of the United States will go up another slope, putting the plan in jeopardy for the legislature to fight him in the coming years. There is likely to be an obstacle for Democrats in wealthy neighborhoods in the neighborhoods of New York, New Jersey, California and Illinois, above the predictable Republican opposition.