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re: Biden: If you make under $400k you will not pay a penny more in taxes when I'm president!
Posted on 9/17/20 at 2:58 pm to Seldom Seen
Posted on 9/17/20 at 2:58 pm to Seldom Seen
Unless you have the audacity to save for retirement. If you contribute to a 401K and are in the top bracket, your taxes increase because we replace what was a deduction that lowers your liability by $370 for every $1000 you save with a credit that lowers your liability by $260.
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