Biden’s Plan Will Raise Taxes on More Americans Than You Think

https://reason.com/2021/06/16/bidens-tax-plan-means-60-percent-of-taxpayers-will-pay-more/?msid=94970&utm_source=top5&utm_campaign=newsletter_062321&cmp=1&utm_medium=email 

And as many as 75 percent of middle income households face a tax increase under Biden’s plan, even though the highest-earning households will pay the vast majority of the costs.

President Joe Biden’s pledge not to raise taxes on American families earning less than $400,000 annually was a centerpiece of his campaign and of his first months in the White House. But a new analysis suggests that more than 60 percent of taxpayers will face a higher burden under Biden’s first budget plan.