Biden Administration Announces Tax Plans

According to the Treasury Department’s recently released General Explanations of the Biden Administration’s Fiscal Year 2022 Revenue Proposals (the Greenbook), the Administration asserts that over the next 10 years, the proposals will raise $3.6 trillion. Taxation Practice Group member Christopher C. Haunschild provides a summary of the tax proposals that will be of interest to U.S. companies, the energy industry, wealthy families and high-income individuals. More.


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