Biden will propose 25% billionaire tax, new Medicare tax

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-- President Joe Biden will propose a new 25% tax on billionaires, raising the top tax bracket from 37% to 39.6%, and raising the Medicare tax from 3.8% to 5% on income exceeding $400,000

https://www.axios.com/2023/03/09/bide...
https://apnews.com/article/biden-medi...
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Broadcast on March 10, 2023

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