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Fact Check: Will Biden’s Spending Bill Hike Taxes on Those Making Less Than $400,000?

by The Liberty Loft
October 3, 2021
in Finance
Fact check: Will Biden’s spending bill hike taxes on those making less than $400,000?

President Joe Biden speaks about combating the coronavirus pandemic, in the State Dining Room of the White House on Thursday, Sept. 9, 2021 in Washington, D.C. (Kevin Dietsch/Getty Images/TNS) Reading Time: 3 minutes

WASHINGTON — President Joe Biden has repeatedly promised that his massive tax increases won’t hit people earning less than $400,000.

Biden even put his family honor on the line, tweeting: “I give you my word as a Biden: If you make under $400,000 a year, I’ll never raise your taxes one cent.”But now that the official non-partisan congressional scorekeepers have reviewed Biden’s tax legislation, we know that the […]

Read the rest of this story here: thelibertyloft.com

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