Dan Pilla, noted tax expert and all-around good guy, is sounding the alarm on the insane tax increase being proposed by the Biden Admin. It will destroy incentives to works and send the US further down the socialist rate hole. No one should be surprised as this is what he ran on. But you can expect that taxes are going to go up not just for the rich, but for the middle class as well. It always works this way because there just aren’t enough rich people to tax. Get ready for rough times ahead.
Sharing is Caring!
See also US producer price inflation jumps to 6.6%, largest increase ever recorded in history... Kyle Bass: Actual inflation rate is around 12%