THE DETAILS of the 1st federal tax hike SINCE 1993, thanks to Joe Biden
Joe Biden now holds TWO records over his most recent predecessors the US president to go the longest without holding a press conference AND the first president to issue major federal tax increases since 1993. The Biden administration says the new taxes will fund pandemic recovery plans that will FOLLOW the $1.9 trillion one that just passed. While filling in for Glenn, Pat and Stu detail what the new plan includes…
Despite the Biden administration bragging that it s the first to have an openly gay Cabinet member, that distinction belongs to President Trump and his former acting Director of National Intelligence, Richard Grenell. But reducing his accomplishments to just that is insulting. Ric joins Glenn to give just a glimpse at what he learned under the Trump administration and from nearly 20 years of intelligence briefings before that which has led him to admit that it s no wonder he believes
Joe Biden and the Democrats Want To Raise Taxes on Everything
During his campaign, Joe Biden said he would “eliminate” the entire landmark Republican/Trump tax cut enacted in 2017, and that his goal was $4 trillion in higher taxes over the next decade. At least 56 times he said there would be no new taxes or tax increases of any kind not a single penny on any household making less than $400,000.
During his campaign, Joe Biden said he would “eliminate” the entire landmark Republican/Trump tax cut enacted in 2017, and that his goal was $4 trillion in higher taxes over the next decade. At least 56 times he said there would be no new taxes or tax increases of any kind not a single penny on any household making less than $400,000.
Treasury Secretary Janet Yellen is working with other countries on an agreement that would establish a global minimum tax on multinational corporations in efforts to find new streams of revenue to help fund President Joe Biden’s future legislative actions.
The vote featured no Republican support, which will now be sent to Biden’s desk for a signature, as it will become one of the largest relief packages in U.S. history.