Biden takes a shot: The president's executive actions are welcome but woefully insufficient nydailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nydailynews.com Daily Mail and Mail on Sunday newspapers.
In their view, the American public frustrated by the economic impact of COVID-19 and years of stagnation for the middle class is willing to countenance higher taxes, at least on corporations and the wealthy.
“What people care about is, are jobs being created, am I doing better? The notion that there is a link between higher taxes and you not doing better is simply not the lived experience of the majority of people in the United States,” said Simon Rosenberg of the centrist New Democrat Network, contending that there is simply no data to support the idea that higher taxes per se slow economic growth.