Promises, promises
The Biden administration long knew it would not be honoring then-candidate Joe Biden’s August 2020 promise not to raise taxes on anyone making under $400,000, but it just forgot to tell the president (or he forgot to commit it to memory).
So Biden sat down with ABC’s former Bill Clinton aide, George Stephanopoulos, last week and dutifully repeated the line.
“Yes,” the president said, “anybody making more than $400,000 will see a small to a significant tax increase. If you make less than $400,000, you won’t see one single penny in additional federal tax.”
Well, not so much, according to White House press secretary Jen Psaki.
