Biden Will Push Higher Taxes for the Rich in State of the Union
- President plans to lay out economic agenda for second term
- Biden will also call for lower prescription drug prices
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President Joe Biden will advocate plans to increase taxes on the wealthy and corporations as well as to lower prescription drug prices in his State of the Union address next week, in what aides describe as an effort to lay out second term proposals for protecting and implementing his economic agenda.
Biden, who will speak before both houses of Congress on Thursday night, is seeking to convince voters that his administration’s achievements merit another four years in office, and the televised speech will give him a high-profile forum to reiterate his arguments.