Tax the Rich! Also the Very Affluent! But Mainly the Rich!

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    • Abstract:
      The author offers insights on the tax increase for rich people proposed by U.S. President Joe Biden. Topics discussed include the recorded growth in the total wealth of U.S. billionaires in the midst of the coronavirus disease 2019 (COVID-19) pandemic, the commitment of Biden to increase public funds through tax reform, and the corporate tax rate increase being considered by the Biden administration.