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Former U.S. Vice President Joe Biden accepts the 2020 Democratic...

Breakingviews - Joe Biden’s tax plan has a flaw: too many losers

Joe Biden says he won’t slap new taxes on people who earn less than $400,000 a year if he becomes U.S. president. But if carried through, his tax plan could create losers among those who fall far short of that symbolic income threshold. That could be a problem when it comes to asking Congress to make the Democratic contender’s vision a reality.

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