Senate ' Reduction Act of 2022 would raise federal taxes for Americans in every income bracket, according to a nonpartisan study shared by on the Senate Finance Committee.If the projection proves true, it would cast doubt on President 's promise to not raise taxes on Americans making less than $400,000 per year.The study by the Joint Committee on Taxation found that taxpayers bringing in less than $200,000 per year would see their taxes raised by $16.7 billion over a decade.
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