Biden plans to raise taxes for Americans earning more than $400,000

156.00 ₹
Published date: 2025/10/18
  • Location: 67024, Johnsons Crossing, Brittany, United States
In particular, GOP senators plan to make the case that with the government's income so high already, the Democrats should be cutting or reducing programs rather than raising taxes to pay for even more spending, according to one of the Republican aides.

Biden's proposal would raise the Medicare tax rate, created by the Affordable Care Act, from 3.8 percent to 5 percent for all Americans earning more than $400,000 per year, including salaries and capital gains.

To raise awareness for her condition and help others in a similar situation, Ms Stout launched a TikTok profile with over 21,000 followers and her most popular video being viewed by over 472,000 people.

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