Biden’s tax hikes are coming for the middle class

Published March 29, 2021 12:00am ET



President Joe Biden insisted again and again he would only hike taxes on individuals earning over $400,000. He never meant it. He’s just hoping the middle class and the news media won’t notice the tax hikes if he hides them well enough.

Biden always had tax-hike plans for the middle class, just certain middle-class families. During the campaign, Biden supported a $200 registration tax on new firearms and a drastic overhaul of retirement accounts that would amount to a tax hike on folks earning over $80,250.

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