Biden Eyes Federal Tax Hike in Long-Term Economic Plan

The video discusses potential tax changes under President Biden, focusing on corporate and income tax hikes. It highlights the emphasis on wealth and income, aiming to address inequality. The debate on the progressiveness of the US tax system is also covered, with a focus on the top 1% and the views of progressive Democrats.

What are the main tax proposals that President Biden is considering?

How do moderate Democrats view the tax proposals from the far left?

What is the significance of raising the corporate tax rate according to the text?

What inequalities are Democrats aiming to address within the tax system?

How do progressive Democrats define the term 'inequality' in the context of taxes?