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President Joe Biden said he is confident he can enact a large federal tax hike on some Americans with only Democratic support. It signals he may be ready to press ahead without Republican support in Congress.
In an ABC News interview airing Wednesday, the president pledged to raise taxes on Americans earning above $400,000 annually, saying it would be a “small to significant tax increase.”
He also conceded he may not attract any Republican support for a federal tax hike. “Oh, I may not get it,” he said.
He added: “But I’ll get the Democratic votes for a details ⇒
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