Democratic presidential candidate Joe Biden proposed on Dec. 4 to raise taxes on the wealthy and corporations by at least $3.4 trillion over the course of a decade to invest in infrastructure, higher education and healthcare as part of his policy plans if elected.
According to the proposal which details his potential future plans, the former vice president proposed a measure to target companies such as Amazon.com Inc. and Netflix Inc. that have, for several years, reported paying no federal income taxes, reported Bloomberg who obtained a copy of the outline.
