President Biden’s Build Back Better agenda includes personal income tax increases on very well-off individuals to finance investments in people—in childcare, education, higher education, reducing child poverty, and other related measures. It also features corporate tax increases to finance investments in physical infrastructure left out of the bipartisan Infrastructure Investment and Jobs Act. This analysis from the Institute on Taxation and Economic Policy provides more information about the revenue proposals in the Biden agenda.

Resources on President Biden’s Tax Proposals
Institute on Taxation and Economic Policy, May 27, 2021