https://www.commondreams.org/news/biden-budget-tax-rich-corporations Biden Tax Boost Targeting the Rich Called 'Fair, Popular, and Long Overdue'

"Republicans have already made clear they're on the side of the 1 Percenters and big corporations by trying to shield rich tax cheats and endangering Social Security and Medicare with deficit-busting tax cuts for the wealthy and corporations," said one expert. "The contrast couldn't be sharper." #BidenBudget #taxtherich

Biden Tax Boost Targeting the Rich Called 'Fair, Popular, and Long Overdue'

"Republicans have already made clear they're on the side of the 1 Percenters and big corporations by trying to shield rich tax cheats and endangering Social Security and Medicare with deficit-busting tax cuts for the wealthy and corporations," said one expert. "The contrast couldn't be sharper."

Common Dreams
https://open.substack.com/pub/heathercoxrichardson/p/march-9-2023?r=5m6et&utm_campaign=post&utm_medium=email. Biden’s 182-page $6.9 trillion budget plan advances a vision of the US based on the idea that the government should invest in workers, families & infrastructure to increase the purchasing power of those on the “demand side” of the economy. The theory of the GOP since the 1980s, is that the government should cut taxes & slash government spending to free up capital for those at the top #BidenBudget #GOPgrifters
March 9, 2023

“Show me your budget,” President Joe Biden is fond of saying, “[and] I’ll tell you what you value.” Today, Biden introduced his 2024 budget at the Finishing Trades Institute in Philadelphia, Pennsylvania. Biden’s 182-page, $6.9 trillion budget plan advances a vision of the United States based on the idea that the government should invest in workers, families, and infrastructure to increase the purchasing power of those on the “demand side” of the economy. It offers a stark contrast to the theory of the Republicans since the 1980s, that the government should cut taxes and slash government spending to free up capital for those at the top of the economy—on the “supply side”—with the idea they will use that money to invest in new business that will then hire more workers.

Letters from an American

https://www.reuters.com/world/us/why-bidens-child-programs-likely-wont-go-anywhere-2023-03-09/ #GOPtraitors oppose safety-net programs for children can yield benefits later on, such as higher graduation rates and better physical health.

"We generally don't think about the benefits of these investments in children, we just think about the cost side," she said. "If we thought more about the benefits, we might do more investing in kids." #BidenBudget

Analysis: Why Biden's child programs likely won't go anywhere

U.S. President Joe Biden's <a href="/world/us/biden-challenges-republicans-with-budget-that-raises-taxes-sets-up-2024-run-2023-03-09/">budget proposal</a>, released on Thursday, envisions a dramatic expansion of the federal safety net for children and families. Unlike programs that benefit older Americans, it stands little chance of gaining traction.

Reuters
https://www.bloomberg.com/news/articles/2023-03-09/capital-gains-tax-nears-45-in-biden-s-soak-the-rich-budget #BidenTaxPlan would expand the child tax credit to $3,600 for children under six and $3,000 for older children, up from $2,000. This would revert the credit to the more generous version Democrats passed in 2021 during the height of the Covid-19 pandemic. The plan would also expand the earned income tax credit, a benefit for low-income workers, for individuals who do not have children. #BidenBudget
In Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%

President Joe Biden is proposing a series of tax increases on investors and top-earning Americans in his annual budget request to Congress.

Bloomberg
Biden's proposing a minimum 25% tax on billionaires: reports

Biden is calling for a minimum tax rate of 25% on billionaires and a 39.6% capital gains tax in his proposal for the fiscal 2024 budget.

Insider
From yesterday's Wall Street Journal: Biden’s budget plan will “save hundreds of billions of dollars by seeking to lower drug prices, raising some business taxes, cracking down on fraud and cutting spending he sees as wasteful, according to White House officials.” Those officials said that, over the next ten years, the plan would CUT DEFICITS BY CLOSE TO $3 trillion.
#BidenAdministration #bidenbudget #Bidenflation #BidenHarris2024 #BIDENSAMERICA

The president is expected to announce a new tax on American households worth more than $100 million. #BidenBudget

https://crooksandliars.com/2023/03/president-joe-biden-release-his-budget?utm_source=social&amp;utm_medium=twitter&amp;utm_content=71807

Biden Plans New Taxes On The Wealthy To Save Medicare

He is expected to announce a new tax on American households worth more than $100 million.

Crooks and Liars

The president is expected to announce a new tax on American households worth more than $100 million. #BidenBudget

https://crooksandliars.com/2023/03/president-joe-biden-release-his-budget?utm_source=social&amp;utm_medium=twitter&amp;utm_content=71807

Biden Plans New Taxes On The Wealthy To Save Medicare

He is expected to announce a new tax on American households worth more than $100 million.

Crooks and Liars

Biden to propose 5.2 percent federal pay increase, largest in 43 years

https://www.washingtonpost.com/politics/2023/03/08/federal-pay-boost-biden-budget-2023/

President Biden is expected to propose a 5.2 percent raise for federal employees in his budget set to be released Thursday — the largest increase the White House has put forward since Jimmy Carter was president. #CostOfLiving #FederalPayIncrease #BidenBudget

Biden to propose 5.2 percent federal pay increase, largest in 43 years

President Biden will propose a 5.2 percent raise for federal employees, the largest increase the White House has put forward since Jimmy Carter was president.

The Washington Post
https://www.nytimes.com/2023/03/08/us/politics/house-republicans-deficit-spending-biden-budget.html #MAGArepublicanExtremists House Republicans are readying a plan to gut the nation’s foreign aid budget and make deep cuts to health care, food assistance and housing programs for poor Americans in their drive to balance the federal budget #GOPTraitorsToDemocracy #BidenBudget
House Republicans Prepare to Slash Spending in Budget Showdown

With Social Security and Medicare off the table, conservatives are focusing on a wide range of smaller programs as a clash with President Biden and Democrats looms.

The New York Times