Biden's plan to hit the 400k and up bracket

Here's How Biden's Proposed Tax Increases Will Affect You

The two most extreme aspects of the Biden tax plan each have political pitches behind them that are at least plausible. The 12.4 percent payroll tax for Social Security's Old-Age, Survivors, and Disability Insurance is capped for 2021 on a wage base of $142,800. Biden would apply the tax to income above $400,000. That, not the increase to 39.6 percent from 37 percent, would be the real hit to high-income earners in the Biden plan. The combined effect—39.6 percent plus 12.4 percent—would be that at the margin, the federal government would take 52 percent, or more than half, of dollars earned over $400,000. There's an additional Medicare tax of 3.8 percent, which would take the top federal marginal tax rate up to 55.8 percent.

Looks like a total  17% jump in taxes, marginally, for the upper bracket.  There is also an increase in the corporate rate. This is within a can kick, he could pull it off. Wait until the middle states respond.