Tag Archives: proposes

Bloomberg proposes tax plan with $5 trillion in hikes for the wealthy and businesses

Michael Bloomberg on Saturday introduced a $ 5 trillion tax plan that would reverse the tax breaks for high-income earners and small businesses that were included President Trump’s 2017 tax overhaul. “The plan I am releasing today raises rates on wealthy individuals and corporations, closes loopholes, cracks down on tax avoidance, expands the estate tax,… Read More »