Biden Says ‘I’m Gonna Raise Some Taxes’ in Budget Proposal Speech

President Biden revealed an aspect of his administration’s March 9 budget proposal to the U.S. Congress on Tuesday, saying there will be tax jumps for the rich.
Biden gave a speech in Virginia, saying his budget plan is to protect the Affordable Care Act and raise taxes on those earning $400,000 or more, saying that the number of American billionnaires has increased over the years.
“On March the 9th, I’m going to lay down in detail every single thing, every tax that’s out there that I’m proposing, and no one making less than $400,000 is going to pay a penny more in taxes,” Biden told an audience in Virginia Beach, Virginia….}