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Biden Tax Plan’s Twin Challenges: Keeping His $400,000 Pledge and Paying for It - WSJ - The Wall Street Journal

Biden Tax Plan’s Twin Challenges: Keeping His $400,000 Pledge and Paying for It In speech, top aide highlights goals of extending some Trump-era tax cuts and raising taxes elsewhere By ... Read More
President Biden’s $400,000 tax pledge has a ‘magic asterisk’ - The Detroit News

Biden opposed the 2017 tax cut so he has no problem with taxes on the wealthy going up. But letting the whole tax cut expire would violate his pledge to people making less than $400,000. Read More
No tax increase for anyone making less than $400,000: Biden keeps his pledge not to raise taxes on people earning under $400,000 | PolitiFact

Biden keeps his pledge not to raise taxes on people earning under $400,000 As a presidential candidate, Joe Biden promised not to raise taxes on households earning less than $400,000. Biden has n ... Read More
Biden's plan for fixing Medicare: Raise taxes on Americans earning over $400,000 - CBS News

President Joe Biden said he has a plan to shore up the finances of Medicare, the health insurance plan for America's seniors: Raise the Medicare tax on people earning more than $400,000 to 5% from ... Read More
‘I Don’t Think of Myself as Rich’: The Americans Crossing Biden’s $400,000 Tax Line - WSJ - The Wall Street Journal

Policy ‘I Don’t Think of Myself as Rich’: The Americans Crossing Biden’s $400,000 Tax Line President’s bid to shield middle class adds tax-code complexity as more households’ income ... Read More
Biden tax plan ignites Social Security debate - MSN

President Biden’s proposal to increase taxes on high earners to shore up Social Security has sparked debate. The plan would apply the 12.4% payroll tax to wages above $400,000. Supporters argue ... Read More
Biden pledge to tax wealthy, companies revived with Manchin-led bill

The U.S. corporate tax rate dropped to 21% from 35% after a 2017 tax cut pushed by then-President Donald Trump and his fellow Republicans, but many companies pay much less than that, and some of ... Read More
Harris maintains Biden's pledge not to raise taxes on middle class

But maintaining Biden’s $400,000 pledge means Harris is unlikely to take up more progressive ideas that would require hiking taxes on a broader segment of the population, such as a Sen. Bernie ... Read More
Here's what's in Biden's 2024 budget plan : NPR

Here's what's in Biden's 2024 budget plan President Biden is using his budget to show ... twice what Biden is proposing to keep the debt ... less than $400,000 a year. A minimum tax on ... Read More
Hunter Biden charged with tax crimes - Los Angeles Times

The nine-count indictment against Hunter Biden on federal tax charges was unsealed in Los Angeles on Thursday, the eve of President Biden’s arrival in Southern California. Read More
President Biden’s $400,000 tax pledge has a ‘magic asterisk’

But letting the whole tax cut expire would violate his pledge to people making less than $400,000. Advertisement “This was one of the most egregious and fiscally reckless budget decisions in ... Read More
President Biden’s $400,000 tax pledge has a ‘magic asterisk’

In his 2025 budget plan released last week, President Biden has a magic asterisk of his own. He promises he will uphold one of his most famous campaign promises from 2020 - not raising taxes on anyone ... Read More
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