Print this article Fortunately for those of us who don't like filing income taxes and potentially paying the government more money, Tax Day isn't on April 15 this year. The federal government pushed the date back for the second year due to the coronavirus pandemic. Now, people have until May 17 to get this unpleasant task done. In future years, tax rates in some brackets could be higher. President Joe Biden wants to raise taxes on those earning more than $400,000 per year — and there are progressives in Congress who support a 70% top marginal tax rate. However, the United States shouldn't wait until there are enough votes to raise taxes to let rich people start paying what they consider their fair share.