Kamala Harris, and Nancy Pelosi stand and applaud as Joe Biden bloviates / PHOTO: Associated Press President Joe Biden ’s massive $1.85 trillion spending bill would give most millionaires in the U.S. a tax cut, according to the Tax Policy Center.
The Build Back Better proposal would allow nearly two-thirds of the upper class to pay less in taxes this next year if it passes, the research firm found. Among those making more than $1 million per year, only 34.2% would see their taxes increase.
Additionally, nearly 80% of those earning between $500,000 and $1 million per year would see […]
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