Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

? asked in Business & FinanceTaxesUnited States · 2 months ago

Will joe Biden lower my taxes ?

I don’t support him but will he lower the taxes of someone making $12.15 an hour 18 hours a week? 

16 Answers

Relevance
  • ?
    Lv 5
    2 months ago

    No way.  Biden will increase EVERYTHING.  I recently saw an article and I do believe your taxes will go from 20% up to 28%.

  • dumb
    Lv 6
    2 months ago

    Yes, as you don't make enough to owe the US government anything. 

  • ?
    Lv 6
    2 months ago

    lol your funny david , lol lower tax when he wants to tax you more ..

  • ?
    Lv 7
    2 months ago

    No, he will raise your salary to $15 and you might start having to pay tax.

  • ?
    Lv 7
    2 months ago

    Can't lower them below zero, which is where you are.

  • 2 months ago

    You will always owe Social security and medicare taxes on those wages but will get them back as retirement income.

  • ?
    Lv 6
    2 months ago

    Unless you have other sources of taxable income, the answer is no.  Your tax is already zero.  

  • 2 months ago

    NOT A PRAYER. If you are extremely lucky, his administration won't drastically increase your taxes.

    Note: If your gross pay is $12.15/hr, 18 hours per week for 52 weeks a year comes to LESS than the $12,550 for the filing status of Single. That means you already don't pay Federal income tax.

  • ?
    Lv 6
    2 months ago

    No, I'm afraid not. Dems are famous for raising taxes to fund their special interests.

  • Anonymous
    2 months ago

    How could he lower your federal income tax?   You already pay zero.

    BTW, Congress is the legislative branch of federal government.

Still have questions? Get your answers by asking now.