The president has promised not to raise any taxes for individuals earning under $400,000 per year.
Democrats want to raise taxes on multinational corporations to help fund Biden’s infrastructure plan.
The White House’s expanded proposal contains $1 trillion more in spending and over $2 trillion more in tax increases.
As budget chairman, Sanders has introduced bills to tax corporations and the wealthy while helping the working class.
Want to cause a real ruckus, President Biden? Draft a bill to overhaul the IRS and tax trillions stashed by the rich.
The White House is discussing tax increases for corporations and the wealthy to fund a $3 trillion infrastructure bill.
The new analysis finds that these households often use complex tax avoidance strategies to outmaneuver audits.
The legislation would hike taxes on large corporations that pay their CEOs over 50 times more than its median worker.
The proposals Biden is considering would increase federal revenues by around $2.1 trillion.
Republicans have unveiled their latest attempt to repeal the estate tax that only affects the richest of the rich.