US President Joe Biden has said he will target the wealthy to make them pay more in tax as part of a tax plan that would cut taxes for middle and low income Americans by $765 billion over ten years.

Announced during the annual State of the Union address to Americans, Mr Biden said his plan is to "make the tax system fairer while Republicans continue to push tax cuts for the wealthy and big corporations" and "reduces deficits by trillions of dollars by enacting a new bil...