Balanced Reporting. Trusted Insights. Tuesday, October 26, 2021

Items Tagged with 'American Families Plan'

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Joe Biden

Biden wants new taxes on inherited assets, promises to shield farms

President Joe Biden wants to impose capital gains taxes on inherited assets, with promised protections for farms and other family-owned businesses that continue in operation. The change would help pay for a $1.8 trillion package of social benefits, including expanded child nutrition assistance, health insurance subsidies and free community college.
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