Revenue-Raising Proposals in President Biden’s Fiscal Year 2024 Budget Plan

President Biden’s latest budget proposal includes trillions of dollars of new revenue that would be paid by the richest Americans, both directly through increases in personal income, Medicare and estate taxes, and indirectly through increases in corporate income taxes.

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What's New

report
Effects of President Biden’s Proposal to Expand the Child Tax Credit
Joe Hughes, March 2023
blog
State Rundown 3/15: Tax Madness
.ITEP Staff, March 2023
blog
Worried About the Debt? Tax the Rich
Amy Hanauer, March 2023
report
Revenue-Raising Proposals in President Biden’s Fiscal Year 2024 Budget Plan
Steve Wamhoff, March 2023
news release
ITEP Statement: President Biden Lays Out a Bold Vision for Tax Justice in Proposed Budget
ITEP Staff, March 2023

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Expert's View

Kamolika Das

Kamolika Das
Associate Director, Local Taxes

Creating Racially and Economically Equitable Tax Policy in the South
Equitable tax policy in the South is necessary for reimagining a vision of the South as it could and should be – a prosperous and equitable region that broadens economic power for the most vulnerable, marginalized, underserved and persevering communities in the nation.