Tax Reform


Tax report: Families dig up new tax breaks

The coronavirus-relief legislation signed by President Biden earlier this month contains unprecedented benefits for families with children and other dependents -- especially for some who plan carefully.


Biden wants to raise taxes. How politically damaging would it be?

Democratic political strategist Brad Bannon said raising taxes is always “troublesome politically” but that the Biden administration was betting on two things: raising the taxes on the wealthy would only affect “2 or 3% of voters” and that if by next fall, midterm election season, the economy has recovered from the pandemic, “Americans will be so grateful they’ll overlook the tax issue."