Federal tax plan might extinguish Biden’s promise

Tobacco taxes tend to have an outsized impact on lower-income citizens.


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President Biden promised not to raise taxes on those making less than $400,000 a year no fewer than 60 times on the campaign trail. “That's a guarantee. A promise. I give you my word as a Biden," he told CBS's Norah O'Donnell in 2020. He also pledged not to raise taxes on small businesses.

 

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