Gas And Other Consumer Prices Spike In 2021 First Quarter

The Bureau Of Labor Statistics Released Data Tuesday Showing A Sharp Increase In Consumer Prices, Especially Gasoline, As Many Americans Struggle To Make Ends Meet. Critics Of President Biden’s Policies Say More Price Increases Likely To Come.

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Biden’s Tax Increases Would Kill 1 Million Jobs In Two Years

Biden Has Proposed Increasing The Corporate Tax Rate From 21% To 28%, Reinstating The Corporate Alternative Minimum Tax, Increasing The Top Individual Tax Rate, And Amending Several Other Aspects Of The Tax Code.

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TN Rep Proposes Extension Of Business Tax Break Incentives For Low-Income Communities

Part Of A New Economic Policy Initiative By Tim Burchett Is The Opportunity Zone Extension Act Of 2021, Which Would Add Two Years To The Current Opportunity Zones Program, Giving More Time For Investment In Communities Impacted By The Coronavirus Pandemic.

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Biden’s Tax Plan Is A Bad New Deal

When Trump Took Office In 2016, He Implemented A Program Of Tax Cuts, Spending Increases And Pressured The Fed To Cut Interest Rates. His Goal Of 3% Growth Was Derided As Delusional By Liberal Media. Not Only Did The Unemployment Rate Fall, But The Percent Of Americans Employed Saw Its First Sustained Rise Since The Late 1980s. Biden Ignores The Successes Of The Trump Economy Before The Pandemic. If Biden Is Smart, He Will Continue Trump’s Growth Policies And Trade Initiatives. Trump Proved An Aggressive Growth Strategy Improves The Fortunes Of Everyone In America.

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Biden Plans First Major U.S. Tax Increase In Decades

President Joe Biden Is Planning The First Major Federal Tax Hike In Nearly 30 Years. Biden Has Not Released The Full Tax Plan, But Sources Say Proposed Changes Would Raise Taxes, Including The Corporate Tax Rate, To Help Fund An Anticipated Several Trillion Dollars In Additional Federal Spending.

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Biden Corporate Taxes Will Send Jobs Overseas

Biden has proposed $4 trillion in tax increases on American families and businesses. While Biden touts his tax hike plan as a way to ensure corporations “pay their fair share,” the proposal will harm the U.S. economy at a time that it is recovering from the coronavirus pandemic. These tax hikes will make America a more uncompetitive place to do business, send jobs overseas, trigger a return of corporate inversions, and make it easier for foreign businesses to acquire U.S. companies.

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Biden Calls For Unity After Being Sworn In As 46th President

Biden Touts Promise Of Unity And Boldness And Marks The Beginning Of A Push For Progressive Policies That Could Have A Widespread Effect On Taxpayers.

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Trump Speaks Of Administration’s Successes As He Departs White House For Final Time As President

President Donald Trump on Wednesday Vowed That “We Will Be Back In Some Form” After Leaving The White House For The Final Time As President.

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The Now-Complete Democrat Trifecta Threatens Tax Hikes

Though tax policy may have taken a backseat in these Georgia elections, the results raised the chances of significant tax hikes, and the undoing of progress made in the 2017 Tax Cuts and Jobs Act (TCJA), substantially. The most likely tax hikes that President Joe Biden will push for with a Democratic Congress are increases to income tax rates. During the campaign, Biden proposed to raise the top individual income tax rate from 37 percent to 39.6 percent. Taxpayers can only hope that Congress shows restraint and avoids sweeping changes that harm an economy that needs all the help it can get in the middle of a pandemic.

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Taxes Increased On The Wealthy In Many Blue States By Federal Tax Overhaul

New Federal Government Data Reveals The 2017 Tax Cuts And Jobs Act, With The Aim Of Being A Handout To Wealthy Corporations, Turned Out To Be More Progressive In Practice While The Federal Tax Reform, Supported By Trump, Decreased Tax Burdens On The Middle Class.

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