An-Najah News - A senior White House economist announced that President Joe Biden will propose a tax increase on the earnings of wealthier people in order to pay for his new plan to help American families.


Brian Deiss, Biden's chief economist, said the tax increase was part of a tax reform aimed at "rewarding work, not just wealth."


He noted that this reform project, which is expected to lead to a bitter battle in Congress, only concerns taxpayers who earn more than $ 1 million a year.


According to several US media platforms, the tax rate could be nearly doubled, from 20 to 39.6%.