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  • US President Joe Biden defended his proposal to fund a $2 trillion infrastructure plan by raising taxes on large companies and wealthy Americans in a televised address setting out his vision for the country's economy. "I have nothing against millionaires and billionaires. I believe in American capitalism," he said. He said major US companies like Amazon use loopholes to pay "not a single, solitary penny" in federal income tax. "This is wrong," he added. jca/pmh/ft
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  • Biden says he has 'nothing against millionaires and billionaires'
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