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FACT CHECK on Joe Biden's claim that taxes would not increase for those people earning under $400,000. Note that both of these sources are non-partisan groups.
posted ago by gibson_mel ago by gibson_mel +18 / -0

"In 2021, the [Biden tax] proposals would increase taxes on average on all income groups"

https://www.taxpolicycenter.org/publications/analysis-former-vice-president-bidens-tax-proposals/full

"Biden’s tax plan would have a negative effect on the U.S. economy, reducing long-run GDP by 1.51 percent, lowering wages by 0.98 percent, and eliminating 585,000 full-time equivalent jobs."

https://taxfoundation.org/joe-biden-tax-increases-historical-context/

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– gibson_mel [S] 1 point ago +1 / -0

ALL INCOME GROUPS would have their taxes increased. Why are people not picking up on this?

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