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Proposed $400,000 Tax Cap on Individuals, Not Joint Filers
5/3/2021 · by CRE Finance Council · Tax Reform · Legislation and Regulation
White House officials have given different answers as to whether the president's $400,000 campaign pledge would apply just to individuals or to married couples. Axios reported that President Biden's promise not to raise taxes on Americans who make less than $400,000 only applies to individuals — not married couples filing jointly.
Tags: tax · individual · gains ·