Top marginal income tax rates with federal, state, and local taxes are over 65%
Corporate tax rate up by a quarter to 26.5% for third highest combined rate of 30.9% in OECD
Marginal tax rate increase of 13 percentage points on some households
Capital gains tax rate up by 25% • Marginal income tax rate on some small businesses raised by 24%
Multiple severe marriage penalties are imposed
Effective tax rate on large estates before state and local taxes is 61.1%
Taxes raised on tobacco and vapor products, primarily used by those earning less than $400,000 • International taxes on businesses raised by over 20%
$6.89 tax raised per barrel on imported petroleum and increase tax with inflation
Capital gains tax rate increased, unrealized gains taxed at death, death tax increased, and step-up basis eliminated
Cap on SALT deduction removed
Redistributing $6.2 trillion in government spending slows growth
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