Bloomberg Opinion, Columnist

How Would Biden’s Tax Hike Work?

A collection of commentary examining the potential impact of increases on the U.S. economy.

March 15, 2021 at 5:11 PM UTC

By Bloomberg Opinion

Bloomberg Opinion provides commentary on business, economics, politics, technology and markets.

Economic change is in the air.
Photographer: Al Drago/Pool/Getty Images

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President Biden looks poised to act on a major pillar of his campaign: a federal tax hike. This effort will be even more colossal than the recent $1.9 trillion Covid-19 relief bill. Here’s what we know so far about how Biden’s tax legislation might impact Americans: