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Funding infrastructure with user fees would violate Biden's pledge on taxes - White House

Published 05/14/2021, 01:49 PM
Updated 05/14/2021, 01:50 PM
© Reuters. White House Press Secretary Jen Psaki holds the daily press briefing at the White House in Washington, U.S. May 14, 2021.  REUTERS/Jonathan Ernst

WASHINGTON (Reuters) - Republican proposals to fund an increase in infrastructure spending with user fees would violate President Joe Biden's pledge not to raise taxes on Americans making less than $400,000 a year, the White House said on Friday.

"User fees that have been proposed out there would violate" what is a "red line" for Biden in infrastructure negotiations, White House press secretary Jen Psaki told reporters.

Latest comments

Laughable. Biden admin is going to raise taxes on all kinds of income: capital gains, real estate (eliminating provision to flip and avoid capital gains), death tax, Salt related deductions, plus insane expansion of money supply with gigantic fiscal expansion only resulting in inflation where we will all pay another tax for costs of goods.
LOL
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