Bidenomics the only one with Square Wheels and you can’t wait for them to fall off
Second, tax revenues. These have seen almost their largest annual fall ever, in an economy that’s supposed to be growing at 2.4%.
Why would tax revenue fall? I know we’re at historic lows on paid taxes, but it’s been that way since 2018.
Beware any small business owners. Myself and several other self employed friends have received huge invoices from IRS goons demanding payment for taxes they say we owe from years ago. It is a nightmare since you can’t fight them or contact anyone to ask why. Just a certified letter saying you owe them.
Babyboomers are retiring in droves. In their 50’s and 60’s they paid huge amounts of tax revenue into the system because they were at peak earning levels and had few deductions.
Now, they have no jobs, no income and pay no income taxes.
Those insiders at Fitch and their friends made a lot of money depressing the stock market. Buying low and now the market is up today.
So, why have tax revenues fallen to historic lows? Anyone have an answer?
Curious to see what the rates are going to look like for the short term treasuries, 3, 6 month and 1 year
87,000 new IRS agents already in the queue!
Expect that call soon.
"Hi. We're from the IRS and we're here to help you!"
Bidenomics has wrapped the economy around a truck axle. Pure evil.
It’ll cost you more to make large purchases, and they’re gonna tax you a whole lot more. This is “for the people” of course.