Are you rich enough to be affected by Joe Biden’s tax plan?

Based on information released by the Biden campaign and conversations with its staff, the Tax Policy Center found that “high-income taxpayers would faceincreased income and payroll taxes.”

The median household income in the U.S. was $68,703 in 2019, according to the Census Bureau. So Biden’s plan wouldn’t affect most Americans.

A taxpayer making $75,000, or $3,000 biweekly, would not move to a higher tax bracket.

Are you rich enough to be affected by Joe Biden’s tax plan? That’s the question at the heart of many rich.

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