Biden S Budget Proposes Tax Hike On Married Filers Over 450 000
Anna Moneymaker | Getty Images President Joe Biden announced his request for the 2023 federal budget on Monday, calling for the maximum income tax rate to be raised to 39.6% from 37%, a proposal submitted by the government last year. The highest rates apply to married couples who apply with a taxable income of more than $ 450,000, heads of households over $ 425,000, unmarried couples who make more than $ 400,000 and $ 225,000 to married taxpayers who file separately, according to the House of Commons....