Analysis and observations of tax proposals in Biden Administration’s FY 2025 budget

This report examines the proposals contained in the ‘Green Book’ that will likely serve as the basis of the Biden Campaign tax plan.

This report represents KPMG United States’s analysis of the Biden Administration’s tax proposals provided in the General Explanations of the Administration’s Fiscal Year 2025 Revenue Proposals, prepared by the Department of the Treasury, released on 11 March 2024. See related article: US Treasury releases ‘Green Book’ explanation of tax proposals in FY 2025 budget This US Treasury document, better known as the ‘Green Book’, outlines the Biden Administration’s proposals for reforming and imp...

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Authors: Danielle Rolfes

Published Date: 26 March 2024