The collapse of the Silicon Valley Bank has grabbed the headlines, obscuring one of the most significant events of the year: the list of President Joe Biden’s tax increases inside his “budget.”

When the president does not control both houses of congress a budget is largely a political document. It tells us what the president plans to campaign on in the next election and what he would do if he won control of both houses of Congress.

So what is on President Biden’s tax hike wish list?