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https://www.wsj.com/articles/the-hidden-trap-in-bidens-tax-hike [login to see] 4
Joe Biden doesn't seem to know how to use his calculator. According to Andrew Biggs of the Wall Street Journal, those that make over $137,700 annually will see a 12% to 14% tax increase. Did anyone really believe him when he made this statement? I didn't. Joe Biden will raise our taxes!
Joe Biden doesn't seem to know how to use his calculator. According to Andrew Biggs of the Wall Street Journal, those that make over $137,700 annually will see a 12% to 14% tax increase. Did anyone really believe him when he made this statement? I didn't. Joe Biden will raise our taxes!
Opinion | The Hidden Trap in Biden’s Tax Hike
Posted from wsj.com
Election 2020
Taxes
Joe Biden
Republicans
Democrats
Posted 4 y ago
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I guess I will worry about that when I am making over $137,700, but the larger point here is about who pays for tax increases, and what the former VP said.
Math is math. It is unambiguous and not prone to spin.
To put it simply, Biden's plan to repeal the Trump tax cuts is a boon to wealthy folks in high-tax states. Those are the ones that win. any notion that it is good for anyone else is BS.
Math is math. It is unambiguous and not prone to spin.
To put it simply, Biden's plan to repeal the Trump tax cuts is a boon to wealthy folks in high-tax states. Those are the ones that win. any notion that it is good for anyone else is BS.
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SSG Robert Ricci
Absolutely! I do know however of people who is retirement exceeds $137,700 by a wide margin. A married couple making about the same and they'll be pulling in close to $400k a year just in retirement. Welcome to California where they were giving away lucrative deals. Not anymore. We're broke. And they're sticking it to the little guy. I'm a little guy. You're absolutely correct that math is not ambiguous. Either the numbers add up or they don't.
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SSG Robert Ricci
The point is is that he's been lying to people telling them that they would only have their taxes raised if they made over $400,000 a year. The real number is $137,700.
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