President Biden has repeatedly claimed that his plans would not raise taxes on anybody making under $400,000 a year. But a new analysis from the Tax Policy Center — hardly a conservative source — finds that his signature Build Back Better plan would do just that.
“Taking into account all major tax provisions, roughly 20 percent to 30 percent of middle-income households would pay more in taxes in 2022,” according to the analysis. True, the analysis finds that the increases would be relatively small. “Among those with a tax increase, low- and middle-income households would pay an additional $100 or less …
