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Biden budget proposal would increase Medicare tax for Americans earning more than $400K

Maureen Groppe, USA TODAYComments Off on Biden budget proposal would increase Medicare tax for Americans earning more than $400K

The Medicare tax rate would increase to 5% from 3.8% on earned and unearned income for wealthier Americans, according to a preview of Biden's budget.

     
Maureen Groppe, USA TODAY
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