We have seen President Biden promise time and time again that the middle-class families, families making less than $400,000 per year, wouldn't be affected by proposed tax hikes, and yet he is allowing the Trump era tax cuts to expire.
Edwards criticizes Biden for breaking tax promises to middle-class families.
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This bill will restore American greatness and improve the lives of Americans nationwide--from the mountains of Western North Carolina to the coastlines of California.
the reality is many years, folks are struggling, and they have to go take out loans to keep their business afloat, and to draw a line at $400,000, because everybody is looking for that breakout year, to draw a line at $400,000 is punitive…
The consequence of this is even worse than raising the cost of electricity. The massive mis-investment in wind and solar and other handouts--but I don't have time to go into all of them--the cost is also that it is destroying our energy…
So, President Biden has told us over and over again that he intends to not ask folks making less than $400,000 to pay more.
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