Taxes Articles

Biden Administration Tax Proposals Included in the American Jobs Plan and American Families Plan

Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report.The American Jobs Plan and American Families Plan together include a wide variety of changes to the Tax Code, building on the tax proposals included in the already-passed American...

Biden to Propose Capital Gains Tax as High as 43.4% for Wealthy

By Laura Davison and Allyson Versprille / Bloomberg GovernmentPresident Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6%, which, coupled with an existing surtax on investment income, means that federal tax rates for...

White House Releases Topline Spending Proposal

Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.The Biden administration released its fiscal year (FY2022) discretionary budget request, also known as the “skinny budget.” The request proposes $769 billion in non-defense...

Labor Updates From Washington, D.C.

Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report.Biden Administration Labor Leadership Update On Monday, March 22, the Senate voted 68 to 29 to confirm Mayor Marty Walsh as the next Secretary of Labor. He is the last...