UPDATED: BIDEN SAYS TAX INCREASE FOR ANYONE MAKING OVER $400K--BUT WHITE HOUSE NEEDED TO CLARIFY BECAUSE IN ACTUALITY......OOPS, THINGS ARE GOING TO BE VERY DIFFERENT

There's going to be a lot of very unhappy people in Croton......

Biden says tax increases are coming for anyone making over $400K--READ MORE AT https://nypost.com/2021/03/17/biden-says-tax-increases-are-coming-for-anyone-making-over-400k/

BUT in actuality

Biden tax hike could hit people earning $200K, White House clarifies

White House Press Secretary Jen Psaki on Wednesday clarified that President Biden’s proposed tax hike would apply to people who earn $200,000 per year if they are married to someone who makes the amount.

Psaki said at her daily press briefing that the proposed $400,000 threshold for tax increases applies to “families” rather than individuals.

The clarification significantly lowers the tax-hike threshold announced by Biden in an ABC News interview that aired Wednesday.

Biden’s interview statement appeared to indicate the cutoff would be $400,000 in individual income.

“Yes, anybody making more than $400,000 will see a small to a significant tax increase,” Biden told George Stephanopoulos.

Biden added, “If you make less than $400,000, you won’t see one single penny in additional federal tax.” MORE AT  https://nypost.com/2021/03/17/biden-tax-hike-could-hit-people-earning-200k-white-house-says/

THIS POST IS CLOSED TO ALL COMMENTS.  COMMENTS AND QUESTIONS MUST BE REFERRED TO THE MEDIA SOURCE(S) CITED, THE VIDEOTAPE, ETC. 

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ADDITIONAL MEDIA:

NATIONAL REVIEW  https://www.nationalreview.com/corner/it-sure-looks-as-if-joe-biden-lied-about-his-tax-plan/?utm_source=recirc-desktop&utm_medium=article&utm_campaign=river&utm_content=more-in-tag&utm_term=third