<p>ITEP Updates Estimates on Biden’s Tax Proposals</p>

ITEP Updates Estimates on Biden’s Tax Proposals

Institute on Taxation and Economic Policy

High-income taxpayers would see a total tax increase of $216 billion in tax year 2022, the Institute on Taxation and Economic Policy said in an April 8 update to a report on the effects of President Biden’s tax proposals on a national and state-by-state level.

<p>High-income taxpayers would see a total tax increase of $216 billion in tax year 2022, the Institute on Taxation and Economic Policy said in an April 8 update to a report on the effects of President Biden’s tax proposals on a national and state-by-state level.</p>