Biden Raises Taxes On Americans Making Less Than 400K

[Rightguide]

Schumer-Manchin deal raises taxes on earners under $400K, study shows​

By
David Propper
July 31, 2022 9:32pm

The energy and health care deal from Sens. Joe Manchin and Chuck Schumer would raise taxes on millions of Americans earning less than $400,000 annually, Senate Republicans say, citing nonpartisan data.

The Congressional Joint Committee on Taxation found that taxes would jump by $16.7 billion on American taxpayers making less than $200,000 in 2023 and raise another $14.1 billion on taxpayers who make between $200,000 and $500,000.

During the 10-year window, the average tax rate would go up for most income categories, the Senate GOP said, citing the data from the joint committee. And by 2031, new energy credits and subsidies would have people earning less than $400,000 pay as much as two-thirds of the additional tax revenue collected that year, the release said.

https://nypost.com/2022/07/31/senat...chin-deal-raises-taxes-on-earners-under-400k/

So again Biden Lies to the American people.

 

[ll74]

Cool, now do the savings on prescription drugs.

The spin here is entertaining. Speculation and extrapolation of speculated data.....

 

[KeithD]

More Rightguard bullshit.

 

[Rightguide]

More Rightguard bullshit.

So, big mouth, is the second paragraph in error? If so prove it.

 

[phrodeau]

So again Biden Lies to the American people.

It isn’t a lie until he signs it.

 

[BabyBoomer50s]

Sorry Libs. The source is the nonpartisan Joint Committee on Taxation. Hardly a right wing champion of supply side economics.

 

[ll74]

Hey, someone’s gotta pay for luk’s transition surgery and butters immigration assistance….and all the other “free” lunches.

Has he PMd you yet or is he still shunning your advances? Did she accept your proposal?

 

[ll74]

I'm curious how much of the 2023 increase comes from the current tax cuts expiring

https://www.cbpp.org/research/feder...tribution-tables-confirm-skewed-priorities-of

 

[iso36]

Has he PMd you yet or is he still shunning your advances? Did she accept your proposal?

Why do you ask?

 

[Kindfarmer]

Schumer-Manchin deal raises taxes on earners under $400K, study shows​

By
David Propper
July 31, 2022 9:32pm

The energy and health care deal from Sens. Joe Manchin and Chuck Schumer would raise taxes on millions of Americans earning less than $400,000 annually, Senate Republicans say, citing nonpartisan data.

The Congressional Joint Committee on Taxation found that taxes would jump by $16.7 billion on American taxpayers making less than $200,000 in 2023 and raise another $14.1 billion on taxpayers who make between $200,000 and $500,000.

During the 10-year window, the average tax rate would go up for most income categories, the Senate GOP said, citing the data from the joint committee. And by 2031, new energy credits and subsidies would have people earning less than $400,000 pay as much as two-thirds of the additional tax revenue collected that year, the release said.

https://nypost.com/2022/07/31/senat...chin-deal-raises-taxes-on-earners-under-400k/

So again Biden Lies to the American people.

NY shit poster isn’t a credible source.