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Message: <blockquote data-quote="fishtm2001" data-source="post: 4651795" data-attributes="member: 54375">"{Biden would increase income and payroll taxes on high-income individuals and raise income taxes on corporations. He would expand tax credits for middle- and lower-income individuals and for new investments in domestic manufacturing. On net, his proposals would increase federal revenues by $2.4 trillion over the next decade. Under his plan, the highest-income households would see substantial tax increases; tax burdens would fall for households in the bottom two income quintiles. In 2022, when Biden’s temporary expansion of the child tax credit would be in effect, tax burdens would also fall for households in the third and fourth income quintiles."Tax Policy Center</blockquote>