The biggest hit will be an increase in the corporate tax rate from 21 percent to 28 percent, which could raise $730 billion over 10 years.

Naturally, $1 trillion wasn't enough for the liberals in the Biden White House to accomplish their real political goals.

'Did you hear them complain when they passed close to a $2 trillion Trump tax cut - 83 percent going to the top 1 percent?'

'These are real Americans that are being taxed who are going to feel this,' one financial expert told Fox Business.

The autoworkers union somehow didn't foresee the effects of President Biden's tax policy on the auto industry.

President Joe Biden is promising the most significant expansion of the welfare state since Lyndon Johnson's Great Society of the 1960s.

The Tax Foundation estimated that Biden's proposed corporate tax hike would result in an estimated 159,000 jobs lost in the long term.

'AOC, call me. We can blow this thing up together. We could make a fortune,' the businessman joked, sporting her 'Tax the Rich' sweatshirt.

'I'm absolutely convinced that in 100 days we can change the course of the disease and change life in America for the better,' Biden said.

Democratic Sen. candidate Raphael Warnock of Georgia thinks that cutting taxes is a "thug" move designed to "kill children."