Biden slammed after giving his 'word as a Biden' that America's future looks great: 'We’re screwed' | Fox News . . ."In 2020 and 2021, Biden repeatedly gave his "word as a Biden" that Americans making under $400,000 per year would not pay another penny in higher taxes and that he was "going to make those at the top start to pay their share in taxes."
"However, FOX Business reported last summer that the vast majority of Americans would pay more in taxes as a result of the Inflation Reduction Act, which was signed by President Biden in August. A nonpartisan analysis from the Joint Committee on Taxation (JCT) at the time said in 2023, the year in which the legislation would increase tax revenue most, individuals making less than $10,000 per year would pay 3.1% more in taxes and those making between $20,000-30,000 per year would see a 1.1% tax increase.". . .
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