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Biden's tax plan won't raise many Americans' taxes, unless you're rich

2 days ago   |   By

Democratic presidential candidate former Vice President Joe Biden speaks at a campaign event on July 21 in New Castle, Delaware.
Drew Angerer/Getty Images
American households earning less than $400,000 won't see a tax increase under Joe Biden's tax plan, but the top 0.1% could end up paying as much as an extra 12.4%, an analysis by the University of Pennsylvania shows.
The ultrawealthy will also see cuts to their take-home pay due to higher corporate taxes under the Biden plan.
President Trump said he would seek to lower all Americans' taxes once again if reelected, but has not shared any...
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Scientific American backs Joe Biden, endorsing a presidential candidate for the first time in its 175-year history

2 days ago   |   By

Democratic presidential candidate Joe Biden speaks in Wilmington, Delaware.
Mark Makela/Getty Images
Scientific American endorsed former Vice President Joe Biden on Tuesday, marking the first time the renowned magazine has backed a presidential candidate in its 175-year history.
President Donald Trump's history of denying and politicizing science prompted this decision, according to the publication's editors.
"The evidence and the science show that Donald Trump has badly damaged the U.S. and its people - because he rejects evidence and science," they wrote.
Scientific American excoriated...
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