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Biden’s Budget: Taxes, Taxes And More Taxes
Assessment: February 29, 2020 Joe Biden said, “If you elect me, your taxes are going to be raised”, and he kept his promise … Inflation is running rampant, federal spending is out of control, gas prices are at an all-time high and Americans are pessimistic on the future outlook of the economy. So what is President Joe Biden’s solution? He has released a budget proposal that includes 36 tax increases on families and businesses totaling $2.5 trillion over the next decade. Alarmingly,