What Biden’s plan to tax the rich will actually do
These bills would change the tax system a lot, much more than just making rates higher for the wealthy and for corporations.
The Week in Philly from KYW Newsradio
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Show Notes
President Joe Biden has put forth a couple of pretty bold pieces of legislation over the last several weeks – an infrastructure bill, the American Jobs Act, and then the American Families Act. There's been a lot of talk about what the bills would do, but not as much as how they would be paid for. These bills would change the tax system a lot -- much more than just making rates higher for the wealthy and for corporations. Andy Weiner, Director of the Graduate Tax Program and a Practice Professor of Law at Temple University's Beasley School of Law joins KYW Newsradio In Depth to break down what the proposed tax changes could do, and why wealthy people and corporations pay so little tax in the first place.
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