Tax rates

The White House plans to propose almost doubling the capital gains tax rate for those earning $1 million or more, to 39.6 percent.

His plan includes a proposal to almost double the capital gains tax rate for wealthy individuals to help pay for a raft of social spending, according to people familiar with it.

President Joe Biden is asking congressional Democrats to vote for a tax increase that will test a long-held liberal article of faith: that many wealthy Democrats won’t mind paying more in taxes if they can be convinced the money would lead to greater prosperity for everyone.

A surprise U.S. drive to overhaul international corporate taxation promises a new era for governments to capture a bigger tax take from some of the most successful global businesses — if only the rest of the world can agree.

The trend toward increasing FUSF rates has been on a steady march upward for years.

The administration views GOP attacks on its proposal to use corporate tax hikes to pay for a vast infrastructure program as a losing argument in the battle for public opinion.

Virtually all tax advisors have accepted the inevitability of taxes increasing. The only open questions seem to be when and how high.

The richest New York City residents could soon face the highest combined tax rates in the U.S.

The Treasury secretary outlined the case for a harmonized corporate tax rate across the world’s major economies.

Treasury Secretary Janet Yellen will argue Monday for a global minimum tax rate for companies as she pushes President Joe Biden’s plans to raise levies on U.S. companies, a person familiar with her remarks said.