United States: Joe Biden's big tax shift

Before a hemicycle populated by only 200 people, mainly parliamentarians, instead of the 1,600 elected officials and their traditionally invited guests, Joe Biden was to present Wednesday evening his new aid plan for American families of some 1,800 billion dollars.

Passing it by Congress involves major changes in taxation and tax increases, which promises to complicate the debate.

In addition to the increases on the companies already offered.

The federal marginal income tax rate would drop from 37% to 39.6% for taxpayers declaring at least $ 400,000 in income per year.

In theory, this would concern less than 2% of households.

Taking into account the 3.8% surtax, in place since 2013, to finance health reform (Obamacare) and state tax rates of around 12% in force in many territories, as well as those of cities like New York which reach 3.88%, we would therefore approach the withdrawals

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