Plan includes 20% tax on households worth more than $100mCapitol attack panel expects to hear how militia groups coordinated plansRussia-Ukraine war – follow live updatesSign up to receive First Thing – our daily briefing by email
Joe Biden will unveil his fiscal year 2023 budget this afternoon with a central proposal for a new income tax on the wealthiest Americans.
The US president is due to make his announcements at 2.45pm ET today and will be accompanied by director of the Office of Management and Budget, Shalanda Young.