Description Are you happy you voted for Biden?

the vast majority of Americans would pay more in taxes as a result of the Inflation Reduction Act, which was signed by President Biden in August. A nonpartisan analysis from the Joint Committee on Taxation (JCT) at the time said in 2023, the year in which the legislation would increase tax revenue most, individuals making less than $10,000 per year would pay 3.1% more in taxes and those making between $20,000-30,000 per year would see a 1.1% tax increase.