President Joe Biden outlined his spending plan for the 12 months beginning Oct. 1.
off the coasts of New Jersey and New York. Interior officials said the sale for more than 488,000 acres brought in more money than any other energy leases ever, including those for oil and gas.’s $10,000 cap on deducting state and local taxes would expire as scheduled after 2025.Biden proposed spending $1.15 billion for the Superfund program to clean up contaminated sites.
New Jersey has more Superfund locations than any other state.Biden proposed a minimum tax on multimillionaires and billionaires and would restore the top tax rate to 39.6%. A study on an earlier Biden proposal to raise the top tax rate and tax wealthy taxpayers’ investment income at the same rate as salaries for working Americans found thatOur journalism needs your support. Please
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