Senior Policy Analyst, Budget Policy. Richard is a senior policy analyst for budget policy at The Heritage Foundation.
Biden has called for the repeal of the Trump tax cuts that saves an average Florida family well over $1,300 a year.
Biden wants to introduce a new corporate tax, side-by-side with the current one, where many businesses won’t know which tax they are paying until Tax Day.
Biden has proposed to increase U.S. corporate taxes from 21% to as much as 28%—more than the average European rate of 19.99% or the world average rate of 23.85%.