7 Ways Democrats Plan To Raise Taxes On People Making Under $400,000
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Analysis

7 Ways Democrats Plan To Raise Taxes On People Making Under $400,000

Ben Johnson

President Joe Biden promised voters on the campaign trail, “If you make under $400,000, you will not pay a penny more in taxes when I’m president.” He repeated his pledge numerous times on the road to the White House and still maintains this intention to this day. But the economic proposals made by Biden and his fellow Democrats would let the IRS squeeze more revenue out of working people. Here are just a few of the proposed policies, tax increases, and additional fees that will hit people well below the top 1.8% of income earners.

1. ATF firearm registration

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