The Biden administration in the United States, which is promoting large-scale fiscal mobilization, has announced a new budget plan to support child-rearing households.
The scale has reached nearly 200 trillion yen in Japanese yen in 10 years, and the financial resources will be covered by a tax increase for the wealthy.
On the 28th, the Biden administration in the United States announced a new budget plan called the "Family Plan", which amounts to $ 1.8 trillion in 10 years and nearly 200 trillion yen in Japanese yen.
Specifically,
▽ support for education such as free tuition for two-year community colleges,
▽ subsidy for daycare fees and wages for childcare leave to support working parents We will spend 1 trillion dollars on compensation for children.
It also
plans to offer a $ 800 billion tax cut for child-rearing households.
On the other hand, as a source of funds for this budget, the maximum tax rate for individual income tax and the tax rate for gains on the sale of stocks of high-income earners will both be raised to 39.6%.
This is to provide generous support to workers and families by raising taxes on the wealthy, and we hope to help reduce economic disparities.
This plan will be the second strategy following the infrastructure development announced in March, but opposition and Republican parties have expressed opposition to large-scale fiscal mobilization and tax increases for companies, and the Biden administration It seems that the offense and defense in the parliament will be fierce over the budget plan of 400 trillion yen in total.