Jorge Castro Quoted on Potential Tax Increases After U.S. Presidential Election in The Hill

"Businesses, Wealthy Brace for Biden Tax Hikes"

The Hill


Jorge Castro was quoted on the potential for tax increases should former Vice President Joe Biden win the U.S presidential election. Biden has proposed raising taxes on high-income people and businesses prompting them to consider how they will be affected by any tax changes. Castro, who served on the 2008 Obama-Biden Presidential Transition Team said that, "[a] lot of businesses and stakeholders, particularly the more sophisticated ones, are definitely actively assessing what the proposals could mean for them and their business."