Americans Making Over $400,000 Will See ‘Small to Significant’ Tax Hike: Biden

Americans Making Over $400,000 Will See ‘Small to Significant’ Tax Hike: Biden
President Joe Biden delivers remarks in the State Dining Room of the White House in Washington on March 15, 2021. Drew Angerer/Getty Images
Bill Pan
Updated:

President Joe Biden on Tuesday vowed to get Democratic votes for a tax hike, which would have a “small to significant” impact on Americans making over $400,000 each year.

During an interview on ABC News‘ “Good Morning America,” Biden reiterated his presidential campaign promise that he won’t raise taxes on those with an annual income of less than $400,000.
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