Summary List Placement

A Biden tax proposal sent a jolt through markets last week — and through wealthy Americans.

The White House is on the case, addressing the tax’s impact in a briefing yesterday. National Economic Council Director Brian Deese insisted in the briefing that it will touch very few Americans, and that the market has little to fear.

“Across a wide body of academic and empirical evidence, there is no evidence of a significant impact of capital gains rates on the level of long-term investment in the economy,” Deese said. 

President Joe Biden wants to raise taxes on America’s details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com