 If we allow, as Biden said he wants, if we allow the Tax Cuts and Jobs Act to expire, they would see a tax increase of about $1,800 for a single year. $1,800, that's real money. A married couple, three kids making $200,000 a year, so an upper-middle-class family, their taxes would go up by about $7,500. That's a massive tax increase for people that are not in the top 1%.