Biden's 'Read my lips' problem: Broken tax pledge could prove fatal for coming election

2 years ago
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Biden's 'Read my lips' problem: Broken tax pledge could prove fatal for coming election

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After the Democrat-led Senate on Sunday passed a massive spending and tax bill supported by the White House on a party line vote, President Biden said in a statement that the legislation "does not raise taxes on those making under $400,000 a year — not one cent."
Biden was reiterating a promise he's made repeatedly since the 2020 presidential campaign: that during his presidency there will be no new taxes on Americans making under $400,000 a year.
According to experts, however, Biden will break his promise if he signs into law the so-called Inflation Reduction Act, which they argue will...
Source: https://justthenews.com/government/white-house/bidens-read-my-lips-problem-promise-no-new-taxes-could-prove-fatal-coming?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators

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