The Treasury and the Biden administration feel very strongly about having a Tax Code and enforcement of that Tax Code that is fair and doesn't unduly burden working people at the expense of corporations and wealthy individuals.
Yellen emphasizes the need for a fair tax system that protects working individuals.
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We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.
The President has been very clear that no family earning less than $400,000 will face a tax hike.
President Biden proposed a full-blown budget that contains substantial deficit reduction, $3 trillion over 10 years.
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