WSJ: The Biden Tax Hike Would Be Severe
The Wall Street Journal advises its readers to prepare.
(From The Wall Street Journal)
To see what a good deal we have now, let’s look at the numbers. A married couple filing jointly shows $78,000 of ordinary income, their current marginal rate is 12%. When the Trump tax cuts expire, their marginal rate will more than double, to 25%.
This article was originally posted here: https://www.ac2news.com/2020/07/wsj-the-biden-tax-hike-would-be-severe/.