Biden Falsely Claims His Build Back Better Tax Hike Won’t Affect Those Making Under $400K

‘If you earn less than $400,000 you won’t pay a single penny more in federal taxes’

EXCERPT:

BIDEN: “The Build Back Better framework will have a 15 percent minimum on the largest corporations. A minimum tax of 15 percent. The top 1 percent of the wealthiest Americans evade, it’s estimated by experts, $160 billion in federal taxes. That’s wrong. We’re going to change that. I want to emphasize what I said from the beginning, under my plans if you earn less than $400,000 you won’t pay a single penny more in federal taxes, period. In fact these bills continue cutting taxes for the middle class, for child care, for health care and so much more.”

 

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