skip to Main Content
President Joe Biden unveiled on Thursday, October 28th, a $1.75 trillion new proposal that includes money for the country's child care, health care, climate, education, and tax laws.

What’s in the $1.75 trillion Biden budget plan? Taxes, climate, health care, child care.

President Biden unveiled a revised $1.75 trillion proposal on October 28, 2021, focusing on key priorities such as child care, health care, climate action, education, and tax reform. The plan includes significant investments like universal prekindergarten for all three- and four-year-olds, expanded Medicare benefits, and substantial tax credits for clean energy. However, to reduce the original $3.5 trillion price tag, several provisions were cut, including paid family leave, comprehensive clean energy measures, and a billionaires' tax. Despite these compromises, the proposal represents a substantial effort to reshape the U.S. economy and address pressing social and environmental issues.
Continue Reading
Breaking Down Biden's Tax Plan: Who Pays More, Who Pays Less, and What It Means for You

Breaking Down President Biden’s Tax Plan: Who Pays More, Who Pays Less, and What It Means for You

During his campaign, President Joe Biden promised no new taxes for Americans earning less than $400,000 while proposing higher taxes for corporations and the wealthy. As Biden's $3.5 trillion tax plan is refined down to $1.75 trillion, discover which policies survived, which were cut, and what it all means for you. From expanded child and dependent tax credits to increased corporate tax rates, our article breaks down the key elements of Biden's proposal and its potential impact on your financial future.
Continue Reading