Joe Biden President Joe Biden’s Build Back Better legislation, which passed in the House on Friday, includes a multi-billion dollar tax cut for wealthy Americans in blue states while hitting a wide swath of the middle-class with a tax hike.
The House passed Biden’s social spending bill and the cornerstone in his Build Back Better agenda on Friday morning. The bill includes provisions that hike state and local tax deductions, which overwhelmingly favor Democrat-run states, while raising taxes on up to 30% of middle-class earners.
In 2017, then-President Donald Trump signed a tax bill into law that placed a $10,000 cap […]
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