Tax Expert Warns of Economic Devastation With Biden Tax Hikes
by Patrick Hedger
President Biden delivered his first joint address to Congress on Wednesday, outlining his vision for the country and speaking to what he sees as his administration’s initial accomplishments as he approaches 100 days in office. While he focused on an array of issues,
President Biden set forth a number of costly provisions that will cost trillions of dollars and are accompanied by a series of tax hikes that would devastate the economy.
As President Biden acknowledged in his address, job numbers are beginning to rise and the economy is rebounding. That is precisely why his litany of trillion dollar proposals – along with a laundry list of tax hikes – is a dreadful idea for the American economy.