Biden pledged that individual Americans who make less than $400,000 -- which is more than 90% of taxpayers -- "won't see one single penny in additional federal tax." https://abc7ny.com/biden-tax-income-taxes-400-000/10426545/
Reality
“The analysis also documents that the Administration’s pledge that ‘no one with income below $400,000 will see their taxes go up’ is not true,” said Sen. Mike Crapo of Idaho, the top Republican on the Senate Finance Committee.
Individuals making between $100,000 and $200,000 would see a net tax hike of 7.4% in 2023.
“This analysis proves that any suggestion this bill constitutes a broad-based middle-class tax cut is clearly false,” Mr. Crapo said.
By 2031, taxpayers in the $50,000 to $75,000 would see a net 1% hike in their taxes, while those in the 75,000 to $100,000 range would see a 2.9% increase. Meanwhile, those making between $100,000 to $200,000 see an overall tax hike of 11.3%.
https://www.washingtontimes.com/news/2021/nov/16/bidens-social-welfare-bill-breaks-pledge-not-raise/
More reality
President Joe Biden’s “Build Back Better Act,” a filibuster-proof $1.75 trillion budget reconciliation package, gives $625 billion in tax cuts to the nation’s wealthiest blue state residents.
A newly released analysis of Biden’s budget finds that plans to increase the State and Local Tax (SALT) deduction cap from its current $10,000 to $80,000 would effectively amount to a $625 billion tax for the wealthiest of Americans living in blue states.
The analysis reveals that “a household making $1 million per year will receive ten times as much from SALT cap relief as a middle-class family will receive from the child tax credit expansion.”
Didn't believe him when he said and not it is show if the bill passes, it was NOT true.
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Concerned Taxpayer said:
( November 18th, 2021 @ 3:08 pm )
This tax increase is part of Biden's War on the Middle Class. Bidenflation is another part of it. So are the measures he took to deliberately raise our gas prices. Of course, our own NC RINOs went along with their Green New Deal HB951 which will give NC huge electric rate increases in the coming years. Between Democrats and RINOs, the middle class is in real trouble.
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amnesty would just encourage more illegal aliens to storm our borders
Published: Thursday, March 28th, 2024 @ 3:50 pm
By: John Steed
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The Christmas candy was barely off the shelves when the Valentine’s candy appeared. Red and pink hearts with caramel and nut-filled chocolate goodness caught our eye. We are reminded of how we love love. Young love, especially.
Published: Thursday, March 28th, 2024 @ 3:49 pm
By: Lib Campbell
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far left sugar daddy has also funded anti-Israel groups and politicians in US
Published: Thursday, March 28th, 2024 @ 12:08 pm
By: John Steed
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Former President Donald Trump suggested this week that if he becomes president again, he might allow Prince Harry to be deported.
Published: Thursday, March 28th, 2024 @ 7:34 am
By: Daily Wire
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It's a New Year, which means it's time to make resolutions — even for prominent evangelical leaders. The Babylon Bee asked the following well-known figures in the faith what they hope to accomplish in 2024:
Published: Thursday, March 28th, 2024 @ 7:31 am
By: Babylon Bee
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Vice President Kamala Harris will visit a Minnesota Planned Parenthood clinic, reportedly the first time a president or vice president has visited an abortion facility.
Published: Thursday, March 28th, 2024 @ 7:29 am
By: Daily Wire
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An eight-mile stretch of the Blue Ridge Parkway near Asheville has been temporarily closed due to a string of “human and bear interactions,” the National Parks Service announced.
Published: Thursday, March 28th, 2024 @ 7:28 am
By: Carolina Journal
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University of Wisconsin tried to punish conservatives for the fact that liberals regularly commit crimes to silence opposition
Published: Thursday, March 28th, 2024 @ 7:07 am
By: Daily Wire
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most voters think EU officials not doing a good job on illegal immigration
Published: Wednesday, March 27th, 2024 @ 9:05 pm
By: John Steed
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politicians buried their warnings
Published: Wednesday, March 27th, 2024 @ 11:38 am
By: John Steed
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Biden spending and energy policies to blame
Published: Wednesday, March 27th, 2024 @ 8:52 am
By: John Steed
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Tuberculosis carried by illegal invaders has already infected Texas cattle
Published: Wednesday, March 27th, 2024 @ 6:50 am
By: Countrygirl1411
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Sen. Ted Cruz (R-TX) said this week that the only campaign promise President Joe Biden has delivered on as president is the complete dismantling of the U.S. southern border.
Published: Wednesday, March 27th, 2024 @ 6:10 am
By: Daily Wire
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Hamas is reeling after losing two of their most cherished leaders on the same day: military commander Saleh al-Arouri, and Harvard President Claudine Gay.
Published: Wednesday, March 27th, 2024 @ 12:47 am
By: Babylon Bee
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President Joe Biden’s brother told the Internal Revenue Service that Hunter Biden told him he was in business with a “protege of President Xi,” referring to the leader of China, according to notes by an IRS investigator that were divulged during a congressional interview of Jim Biden.
Published: Wednesday, March 27th, 2024 @ 12:42 am
By: Daily Wire
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Gov. Roy Cooper seeks a temporary restraining order to block a law changing the composition of the State Board of Elections.
Published: Wednesday, March 27th, 2024 @ 12:42 am
By: Carolina Journal
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X owner Elon Musk mocked a news segment from ABC News this week that promoted President Joe Biden’s talking points about the Democrat-led Senate’s failed border bill, which critics and many experts have said would make the situation on the border worse.
Published: Wednesday, March 27th, 2024 @ 12:39 am
By: Daily Wire
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Published: Wednesday, March 27th, 2024 @ 12:25 am
By: John Locke Foundation
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The University of Florida has fired all of its diversity, equity, and inclusion (DEI) employees and shut down its DEI office.
Published: Tuesday, March 26th, 2024 @ 11:54 pm
By: Daily Wire
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Green Day Releases Edgy New Album Titled 'Get The Vaccine, Climate Change Is Real, And Trump Is Bad'Hot on the heels of its highly publicized television performance on New Year's Eve, the pop-punk band Green Day announced the release of an edgy new album titled Get the Vaccine, Climate Change Is Real, and Trump Is Bad.
Published: Tuesday, March 26th, 2024 @ 11:44 pm
By: Babylon Bee
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Glenn Beck: 'When the United States government can come after individuals, that's when you know our republic is crumbling.'
Published: Tuesday, March 26th, 2024 @ 11:43 pm
By: Daily Wire
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Rep. Mark Green (R-TN) reportedly blasted Homeland Security Secretary Alejandro Mayorkas for “stonewalling” details about the illegal immigrant accused of murdering Laken Riley, a 22-year-old Georgia college student.
Published: Tuesday, March 26th, 2024 @ 7:09 pm
By: Daily Wire
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Financial asset manager BlackRock said in its annual report that environmental, social, and governance policies could hurt its bottom line after Republican state officials cut ties with the company over its ties to China and climate activism.
Published: Tuesday, March 26th, 2024 @ 7:01 pm
By: Daily Wire
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