"President Biden's 2024 State of the Union: Economy, Tax Proposals, and Freedom"

1 min read
Source: ABC News
"President Biden's 2024 State of the Union: Economy, Tax Proposals, and Freedom"
Photo: ABC News
TL;DR Summary

President Biden is set to focus on the rebounding economy during his State of the Union address, renewing his push for increased taxes on corporations and billionaires, as well as highlighting the economic recovery since he took office. He will also address efforts to crackdown on "junk fees" and "shrinkflation," while advocating for changes to the tax system, including raising the corporate minimum tax to 28% and proposing a 25% minimum tax for billionaires.

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