evidence: Now that he’s signed the Democrats’ $1.9 trillion Covid relief package, President Joe Biden is turning to the next items on his legislative agenda – and laying the groundwork for raising taxes on wealthier Americans to pay for them. [...] Those earning more than $1 million annually would have to pay higher taxes on capital gains, which typically make up the largest share of income for the wealthy, under Biden’s campaign proposal. [...] These business tax hikes make up the largest component of Biden’s campaign proposal, raising about $1.3 trillion in revenues over a decade.