"바이든 공약, 10년간 세수 3조•지출 5조 달러 증가"<br /><br />It's time now for our Tuesday edition of Arirang's 'The World Now'. I'm Kim Jae-hee.<br />We begin with U.S. Democratic presidential nominee Joe Biden's tax proposals, which aims to raise taxes on high-income individuals and companies.<br />According to the Penn Wharton Budget Model, Biden's pledge would increase tax revenue by more than 3-point-3 trillion dollars from 2021 through 2030.<br />Biden's proposals include raising the corporate tax rate from 21 percent to 28 percent and the top individual income tax rate from 37 percent to 39-point-6 percent.<br />His corporate tax proposals would raise about 1-point-4 trillion dollars, the payroll tax proposals would raise around 9-hundred-93 billion dollars, and individual income tax proposals some 9-hundred-44 billion dollars.<br />But the analysis also suggests his spending proposals would increase new spending by more than 5-point-3 trillion dollars over the same period, resulting in some 2 trillion dollars in deficits overall.<br />Biden's infrastructure plans and education plans which includes reducing college tuition burdens accounted for the two biggest spending areas.<br />
