Understanding the Impact of Biden’s Tax Proposals

07/09/2021

If approved by Congress, the Biden administration’s tax proposals would significantly impact individual, corporate, and international taxes. The administration’s proposed American Families Plan would raise taxes by an estimated $661 billion; the proposed Made in America Tax Plan would raise taxes by $2.3 trillion. OMA Connections Partner Plante Moran has published this insight to highlight the administration’s key tax proposals and what might be coming next. 7/8/2021

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