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Biden Tax Plan Socks It to the Middle Class

Joe Biden keeps saying that his $3 trillion tax hike scheme doesn’t hit anyone making less than $400,000, but even his liberal allies have exposed that lie.

The chart below from the left-leaning Tax Policy Center shows typical middle-class families will pay between $500 to $1,000 a year more if the Biden tax plan were to ever see the light of day. This is because so many of the taxes on businesses get passed on to American families through higher prices.

The House Budget Committee reports that 111 million taxpayers would see their taxes rise next year including a majority of those making between $31,000 and $195,000 a year. These numbers don’t include the biggest tax of all: the Bidenflation tax which every year costs families roughly $3,000 to $4,000 a year in lost purchasing power, according to CTUP economist E.J. Antoni.

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