Biden promised not to raise taxes. Is that about to change?

Biden promised not to raise taxes. Is that about to change?
Image: LU Staff

[Ed. – Rid his lips.]

President Joe Biden promised over and over again on the 2020 campaign trail that he would not raise taxes on any American making less than $400,000 per year.

“None of you will have your taxes raised. Anyone making less than $400,000 will not see a penny in taxes raised. You will actually see your standard of living go up and your costs go down,” Biden said during an interview with ABC News. “No new taxes. There would be no need for any.”

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But that promise could soon be broken. Incoming Transportation Secretary Pete Buttigieg suggested an increase in the gas tax just last week.

Transportation Secretary nominee Pete Buttigieg expressed an openness to a federal gas tax increase in order to pump more money into the suffering Highway Trust Fund.

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