The Biden administration is dead-set on taking your money.
Plan A was to repeal the entire Trump tax cut and vastly increase corporate and individual income taxes on top of new taxes on energy. Sens. Joe Manchin and Kyrsten Sinema have slowed this down, reduced the size of any final tax cut, and perhaps killed tax cuts before the 2022 midterm elections. So plan B is to give the IRS vast new powers to squeeze more money out of taxpayers using the current code. And then there’s plan C: inflation. Print more dollars and spend them.
While the world talks about […]
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