Write a summary about joe biden Speech about the taxes and the economic system

American Family Plan

The plan includes proposals to increase taxes for wealthy individuals, including a substantially higher capital gains rate, to help pay for the plan's programs. These programs would provide American children four additional years of free education; two years of free pre-kindergarten for three- and four-year-olds and two years of free community college;

This plan would effectively reverse Donald Trump’s 2017 income tax cut for highest income earners.

The plan would also nearly double taxes on capital gains to 39.6% for people earning more than $1m.

This plan will not affect any family earning less than $400,000 a year.

In some states which impose their own capital gains tax, the total bill some investors could face might exceed 50%.

The plan is widely expected to encounter resistance from Republicans in Congress. Although the Democrats hold a slim majority, they may not support the plan unanimously.

The American Rescue Plan (entaced)

It will provide cash payments to individuals and also include a number of individual tax law changes benefitting lower-income individuals and families that were part of his election campaign tax policy.

The American Jobs Plan (proposed)

with the political divide on multiple issues we are headed that way but one of the biggest issues that has texas involved is that democrats believe that only and form of officer or military member can posses a firearm and if they ever end up repealing the right to bear arms i am sure that most people in the lower southern states would choose to seceed in order to keep thier firearms and even fight for them. this is my opinion it does in no way, shape, form, or fashion represent everyone in the lower southern states nor am i implying thst only the southern states want to keep there firearms.