Taxes
How Super-Wealthy Americans Fare Under Biden’s New Tax Plan
- Those earning $10 million or more would be hit with a surtax
- Billionaires likely to retain tools to avoid taxes altogether
President Joe Biden
Photographer: Tom Brenner/BloombergThis article is for subscribers only.
If you’re wondering how President Joe Biden’s tax framework would affect rich Americans, here’s a rough scorecard.
Winning: The vast majority of the top 1%, who might even get a tax cut.