US President Joe Biden announces his plan to increases taxes on those who can afford to pay more. The overall package of tax changes was estimated to raise $2.9 trillion in new revenue. Read at [https://www.moneycontrol.com/news/business/joe-biden-announces-plan-to-raise-taxes-for-rich-says-citizens-earning-less-than-400000-will-never-face-raise-in-taxes-7466941.html?utm_source=telegram&utm_medium=social](https://www.moneycontrol.com/news/business/joe-biden-announces-plan-to-raise-taxes-for-rich-says-citizens-earning-less-than-400000-will-never-face-raise-in-taxes-7466941.html?utm_source=telegram&utm_medium=social)