Holland & Knight Alert: Biden’s American Families Plan Proposes Income Tax Hikes (APRIL 29, 2021)

Alan Winston Granwell,  Joshua David Odintz, and  Liam D. Crane of Holland & Knight LLP, have made available for download their article, “Biden’s American Families Plan Proposes Income Tax Hikes” published as a Holland & Knight Alert. The abstract is as follows:

The American Families Plan is the third part of the Biden Administration’s Build Back Better agenda, addressing “human infrastructure” and containing proposals on free education, direct support to children and families, and the extension of tax cuts for families with children and American workers. It was introduced by President Joe Biden in his address to a joint session of Congress on April 28, 2021.

The infrastructure portions of the Build Back Better plan amount to approximately $4.1 trillion – $2.3 trillion under the American Jobs Plan and $1.8 trillion and the American Families Plan – and are among the most ambitious government agendas in decades.

To view and download the article, click here: “Biden’s American Families Plan Proposes Income Tax Hikes”

Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.

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