On the recordJanuary 18, 2021
He would want to repeal parts of the 2017 tax cuts that benefited the highest-income Americans and large companies.
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congress.govHe would want to repeal parts of the 2017 tax cuts that benefited the highest-income Americans and large companies.
Yellen discusses Biden's plans to amend tax cuts affecting high-income earners.
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The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.