How to raise taxes and not raise taxes
Biden says he will not raise taxes on anyone making less than $400,000. He also says he will eliminate the Trump tax changes that allowed people to keep on average an additional $2,000 per year from the IRS. Many credit this additional $2,000 for the excellent economic (pre-COVID) growth. So, if Biden eliminates the Trump tax change, everyone’s taxes will go up on average $2,000. Can’t have it both ways.
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