“Don’t tell me what you value. Show me your budget, and I’ll tell you what you value.” President Biden’s tax proposals are a commitment to narrowing income inequality while cutting $3.3 trillion from the deficit over 10 years by eliminating tfg’s $2T tax cuts for the ultra-wealthy.

Meanwhile the GQP wants to extend tfg’s tax cuts and balance it by cutting Social Security and Medicare.

#giftarticle #Biden #economy #taxes #gqp #gop
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@Kozmo That's not how his proposals would work out, though, as raising the cost of serving customers end up with the most vulnerable having to pay more for basic goods and services.

And those supposed cuts from the deficit are based on really funky accounting. They are not going to happen.

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