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  • Kiplinger

    2020 Election: A Redo on Taxes

    Jul 31, 2020 2 minutes

    Joe Biden says his tax plan would increase taxes on the wealthy and offer breaks for the middle class, but at least one of his proposals could boost taxes farther down the income ladder.

    A key component of Biden’s plan is that tax hikes will be limited to people who make more than $400,000. He wants to raise the highest individual income tax rate

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