Political News & Social Views

Tag: US Tax

The Next Biden Tax Increase

He made clear Thursday night that he wants to raise taxes even more in his second term than he has in the first.

Key Findings in Biden’s 2024 Budget Proposal

Most notable is that the proposed budget would increase the national debt to nearly $51 trillion over the next 10 years, saddling American taxpayers with more than $1.3 trillion in annual interest by the year 2033. The plan would also increase government spending by 8 percent in 2024 and by nearly $2 trillion over the next decade.

Here’s What The Debate Around Trump’s Tax Returns Totally Misses

Blaming the unfairness of our system on Trump’s use of such loss-carryforward provisions, as if these are illegitimate or fraudulent, is silly. It becomes laughably hypocritical when it is offered by the same people who never stop pushing for bigger tax credits for their favorite causes.

Biden’s Plan to Punish the Responsible

On the menu today: President Biden is on the verge of rewriting a longstanding social contract by deciding that taxpayers should repay significant portions of student loans, instead of the borrowers who took out those loans and received the education.