Biden planning first major tax hike in almost 30 years: report

President Biden is reportedly planning the first major hike in federal taxes in almost 30 years to fund the economic program set to follow the recently approved $1.9 trillion pandemic stimulus package. Unidentified sources told Bloomberg that the increases will reflect the promises Biden made during his 2020 campaign.
Read more: https://thehill.com/homenews/administration/543180-biden-planning-first-major-tax-hike-in-almost-30-years-report?source=Snapzu