Americans making less than $400,000 per year could end up paying $20 billion of the new tax revenue brought in by ' Reduction Act, one recent analysis of the bill suggests.
President signed the act into law this past August injecting $473billion of new spending on climate and healthcare, yet there are strong concerns it will do little to reduce inflation at all.
In fact, middle class Americans will pay new taxes - directly contradicting Biden's promise to not raise penalties on people earning under $400,000.
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