On Wednesday evening, Biden will introduce the "American Families Plan," a sweeping proposal that calls for hundreds of billions in spending on "child care, universal prekindergarten, and paid family and sick leave." The package would be paid for, in part, by modestly higher tax rates on capital gains and wealthy individuals. But the single largest source of funding, an estimated $700 billion over 10 years, is expected to come from cracking down on Americans who cheat on their taxes.
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