Op-Ed: Financial Focus, The Joe Biden Economic Tax Plan
As we get ready to watch the Republican convention and the other side of our democracy, one thing that we cannot forget is what the next president is going to have to deal with, whoever it is: the government is going to need tax money for government revenues when it will try to assist lower paid workers with children. What is Joe Biden’s plan for this? 1. He wants to make corporate taxes higher. Under his tax plan, the corporate tax rate would be increased to 28 percent, almost a 30 percent increase from where it is now.