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Promise Broken: 60 Percent of Americans Will Suffer Tax Hike Under Biden’s Plan

Biden ran for office repeatedly claiming that no one making less than $400K would pay more in taxes under his plan.

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Biden ran for office repeatedly claiming that no one making less than $400K would pay more in taxes under his plan. We are now seeing that Biden lied.

The Tax Policy Center released new data on the realities of Biden’s tax proposals and found that Biden’s policies will slam middle and low-income taxpayers right where it hurts.

The organization says that 99.8 percent of Americans earning between $500,00 and $1million will pay an average of $8,810 more in taxes each year under Biden’s tax plan.

This might be in keeping with Biden’s campaign pledge that only “the rich” will pay more. But the TPC also found that people who make far less will also get hit under Biden.

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The center says that people making between $75,000 and $500,00 will also get pinched. This is not as a result of direct taxes on income but of the impact of the other hikes in rates, such as the corporate tax rise.

According to the Daily Mail:

Three-quarters of households earning between $75,000 and $100,000 annually would face paying an additional $440 per year in taxes under Biden’s tax hikes, according to the data released last week.

About 69 percent of those earning between $100,000 and $200,000 would see their yearly tax bill rise by $830 on average, according to the analysis.

Meanwhile, 83.7 percent of those earning between $200,000 and $500,000 would see an increase of $2,040 on average.

But most Americans will be impacted indirectly by Biden’s giant tax hike.

“For those looking to see if Biden kept his promise to not raise taxes for those making $400,000 or less, the answer is: Mostly, but not entirely,” wrote Howard Gleckman, a senior fellow at the Tax Policy Center.

“Including corporate tax increases, most households would pay more in 2022. About three-quarters of middle-income households would face a tax increase averaging about $300. But nearly all would be a result of those higher corporate taxes,” he added.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston.

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Brian Laundrie’s Notebook Contains Details of Gabby Petito’s Death

Perhaps some closure can finally be afforded to Gabby’s family.

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At long last, some form of closure could be coming to the family of Gabby Petito.

Petito was at the center of one of the most bizarre crime stories of 2021, after her fiancé Brian Laundrie returned home from a joint cross-country road trip without her and immediately refused to cooperate with authorities who were investigating her disappearance.  Then, shortly after arriving back in Florida, Laundrie himself went missing.

Weeks late, Laundrie’s partial remains were found in a nature preserve near this family home along with a notebook.  Laundrie was determined to have died from a self-inflicted gunshot wound to the head.

Now, after months of waiting and wondering, the contents of the aforementioned notebook have been revealed.

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Petito’s family was in Florida on Thursday morning, roughly four months after their daughter was found strangled to death in Wyoming. An attorney representing Laundrie’s family said they had reached an agreement about how the couple’s property – including a notebook found with his remains – will be distributed.

The notebook contained “written statements by Mr. Laundrie claiming responsibility for Ms. Petito’s death,” according to the FBI.

“Gabby’s family would like to thank the FBI, specifically the Wyoming, Denver, New York and Tampa offices, all of their task force members and their assisting agencies,” Petito/Schmidt family lawyer Rick Stafford said in a Friday statement. “Gabby’s family would like to thank the FBI’s Victim Services Department for all they have done for them. Victim Services has been there for support from the earliest stages of this investigation and helped their entire family navigate through the worst moments of their lives.”

The story had captured the attention of world, and while this is undoubtedly a heartbreaking end to the tale, perhaps the Petito family can now take the next steps in their recovery.

At long last, some form of closure could be coming to the family of Gabby Petito. Petito was at the center of one of the most bizarre crime stories of 2021, after her fiancé Brian Laundrie returned home from a joint cross-country road trip without her and immediately refused to cooperate with authorities who were investigating her disappearance.  Then, shortly after arriving back in Florida, Laundrie himself went missing. Weeks late, Laundrie’s partial remains were found in a nature preserve near this family home along with a notebook.  Laundrie was determined to have died from a self-inflicted gunshot wound to the head. Now, after months of waiting and wondering, the contents of the aforementioned notebook have been revealed. Petito’s family was in Florida on Thursday morning, roughly four months after their daughter was found strangled to death in Wyoming. An attorney representing Laundrie’s family said they had reached an agreement about how the couple’s property – including a notebook found with his remains – will be distributed. The notebook contained “written statements by Mr. Laundrie claiming responsibility for Ms. Petito’s death,” according to the FBI. “Gabby’s family would like to thank the FBI, specifically the Wyoming, Denver, New York and Tampa offices, all of their task force members and their assisting agencies,” Petito/Schmidt family lawyer Rick Stafford said in a Friday statement. “Gabby’s family would like to thank the FBI’s Victim Services Department for all they have done for them. Victim Services has been there for support from the earliest stages of this investigation and helped their entire family navigate through the worst moments of their lives.” The story had captured the attention of world, and while this is undoubtedly a heartbreaking end to the tale, perhaps the Petito family can now take the next steps in their recovery.

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US Ponders Diplomatic Evacuation as Putin Moves on Ukraine

Sign #475 that things are going south in Ukraine…

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The way Vladimir Putin tells it, we’re all just overreacting to his placement of hundreds of thousands of Russian troops near the Ukrainian border.

Of course, this is classic Putin.  The Russian President has long understood the ins-and-outs of the antagonization game, and is likely just pushing buttons for the sake of pushing buttons…at least in his recent diatribes.

But there is little doubt that he’s up to something, and the US isn’t going to take any chances when it comes to innocent Americans who are now in the line of potential fire.

The U.S. is weighing whether to evacuate family members of diplomats stationed in Ukraine as Russia masses more than 100,000 troops on its borders, according to people familiar with the matter.

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Under the plan, family members would be ordered to return home while non-essential employees would be able to leave voluntarily. An announcement may come within days, according to the people, who asked not to be identified before a decision is reached.

The ruble erased gains on the news, falling 0.1% against the dollar. Yields on most Russian local currency sovereign bonds rose on Friday.

The operation would be no small task.

The U.S. employs about 180 American citizens and 560 Ukrainians at its embassy in Kyiv, according to the embassy website. That doesn’t include family members, so the number of U.S. citizens living in embassy housing is probably much higher.

While Putin has consistently suggested to the global media that this whole thing is getting blown out of proportion, these actions by the US State Department speak volumes.

The way Vladimir Putin tells it, we’re all just overreacting to his placement of hundreds of thousands of Russian troops near the Ukrainian border. Of course, this is classic Putin.  The Russian President has long understood the ins-and-outs of the antagonization game, and is likely just pushing buttons for the sake of pushing buttons…at least in his recent diatribes. But there is little doubt that he’s up to something, and the US isn’t going to take any chances when it comes to innocent Americans who are now in the line of potential fire. The U.S. is weighing whether to evacuate family members of diplomats stationed in Ukraine as Russia masses more than 100,000 troops on its borders, according to people familiar with the matter. Under the plan, family members would be ordered to return home while non-essential employees would be able to leave voluntarily. An announcement may come within days, according to the people, who asked not to be identified before a decision is reached. The ruble erased gains on the news, falling 0.1% against the dollar. Yields on most Russian local currency sovereign bonds rose on Friday. The operation would be no small task. The U.S. employs about 180 American citizens and 560 Ukrainians at its embassy in Kyiv, according to the embassy website. That doesn’t include family members, so the number of U.S. citizens living in embassy housing is probably much higher. While Putin has consistently suggested to the global media that this whole thing is getting blown out of proportion, these actions by the US State Department speak volumes.

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