Sen Cory Booker proposes ‘Keep Your Pay Act,’ eliminating federal income tax on first $75,000
Fox News
Sen. Cory Booker introduces the Keep Your Pay Act to eliminate federal income taxes on the first $75,000 of household income, reducing taxes by 85% for median families.
Eric Mack is a writer for Fox News Digital covering breaking news.
"New Jerseyans are working harder than ever, but they're struggling to get by because they're facing out of control costs and an economy that is stacked against them — so we need big ideas to start making the American Dream possible for everyone again," Booker wrote in a statement unveiling his bill. "No income tax on the first $75,000 families earn would be a game changer for working people."
"This tax cut would immediately put more money in your pocket every month to deal with the high price of everyday expenses, an unexpected emergency, or to plan for the future," he added.
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