An Avalon Spouter advises us to keep calm and sleep well because "nobody making less than $400K a year will pay more under a Biden presidency". The Spouter is correct, although unintelligently so. Under Biden's tax plan, in fact, no-one making less than $400K a year will pay more in federal income taxes. If you think that the rest of us should pay higher taxes in order to subsidize multi-millionaires and billionaires, who have numerous tricks and tools to avoid paying their fair share, you are a fool.