The election day, November 3, comes knocking at our doors, and there are many questions and disputes regarding this event. Most of them refer to taxes. We are acutely aware of what Democratic candidate Biden plans to do when it comes to taxes.
If elected and “his” lawmakers are also elected to Congress, he will want to raise taxes for certain people (the wealthy). According to his overall tax plan, he will not maximize taxes on those who make less than $400,000/year.
So far, so good. But there are some tricky parts we should understand. For instance, if he increases business taxes, employment taxes will most likely rise too.
So, even if you’re not one of those millionaires who will not escape Biden’s tax decisions, don’t assume that everything will be okay for you and your family. You might find yourself in one of these six situations. Read on to discover them!
4 thoughts on ““Will Joe Biden Raise My Taxes?” Let’s Find Out!”
About time. But it willbe passed on to the commkn people anyway. Items will skyrocket in price
Who should we trust Biden or Trump? Common man…do you trust Trump with anything?
Joe also said he will do away with the Trump tax cuts, all of them.
If Biden wins, he will probably forget what he promised after the election. He is a politician with dementia. That’s what they do.