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/
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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
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