It will be the largest increase in federal taxes since 1942. Joe Biden is preparing to propose a tightening of the tax burden for companies and wealthy citizens with the aim of financing the maxi plan for infrastructures and the fight against climate change from 3,000-4,000 billion dollars.
A plan, reports the New York Times, that the president intends to present next Wednesday in Pittsburgh and that the administration believes is key to the revival of the US economy after the $ 1,900 billion bailout.
The increase in taxes, to be carried out also through the abolition of the tax cut for companies desired by Donald Trump, should translate into tax revenues of 2.5 trillion dollars.