Fact Check: Is Trump Right That Inflation Bill Raises Middle Income Taxes?

While Americans’ fears of economic hardship grow, the government says it is attempting to ensure those least fortunate avoid the greatest burden.

A new bill, the Inflation Reduction Act, aims to tax large corporations and close loopholes without taxing middle- and lower-income households, according to Democrats.

They say that the bill, yet to be passed, does not include tax rises for those earning less than $400,000 per year, in accordance with the pledge President Joe Biden made in 2020.

However, claims by former president Donald Trump and senior Republicans suggest the opposite.

Fact Check: Is Trump Right That Inflation Bill Raises Middle Income Taxes? (msn.com)

%d bloggers like this: