Tag: tax rate

Health Care, Industry

Biden will seek Medicare changes, up tax rate in new budget

March 7, 2023

Via: Washington's Top News

President Joe Biden wants to increase taxes to boost funding for Medicare and expand the program’s ability to negotiate lower costs for prescription drugs, according to advance details of his budget proposal being released later this week. The Democratic president […]

Federal, Policy

Treasury nominee Yellen says U.S. can afford higher corporate tax rate if it coordinates with other countries

January 19, 2021


Janet Yellen, President-elect Joe Biden’s choice for Treasury secretary, testified Tuesday that the U.S. could afford a higher corporate tax rate if it coordinates with other economies around the globe. “We look forward to actively working with other countries through […]

Federal, Policy

Trump pitched 0% payroll tax rate for the rest of the year, White House official says

March 10, 2020


President Donald Trump, in a meeting with Republican lawmakers Tuesday on Capitol Hill, pitched a 0% payroll tax rate for employers and employees that would last through the rest of this year, a White House official told CNBC. There was […]