Numerous times, before and during his presidency, Mr. Biden said he was going to raise the rate of income taxes on only those earning more than $400,000 to pay for his proposed social and entitlement programs.
Working its way through Congress is a $1 trillion so-called “infrastructure bill,” which includes about 15 percent for roads, bridges, and other typical infrastructure items, with the balance earmarked for “Green New Deal” programs.
