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Money and Finances
Reply to "Biden tax proposals - MFJ"
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[quote=Anonymous]In the campaign, it was $400,000 for individuals, more for couples: "Those changes could mean variable tax increases for individuals down to that $400,000 income threshold — more for married joint filers." (https://apnews.com/article/donald-trump-joe-biden-business-politics-ap-explains-2e319858f049ddf25d975476455b7305) I understand the politics, but I think the increases should go down lower, to the top 10-20 percent of earners, not just the top 2-3 percent, though the increases should be highest on th richest. And don't forget, that's only on INCOME above the threshold. So even if rates increased by 10 percentage points, someone making $400,100 would only pay $10 more a year.[/quote]
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