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Biden to announce up to $4 trillion infrastructure plan with massive tax hikes
New York Post ^ | March 30, 2021 | Emily Jacobs

Posted on 03/30/2021 10:30:52 AM PDT by John W

President Biden will outline his massive $3 to 4 trillion infrastructure plan Wednesday, which will create four tax increases worth around $1.8 trillion, the White House revealed.

The commander-in-chief’s “Build Back Better” proposal, a centerpiece of his post-COVID campaign message, will be split into two packages for Congress to pass.

The first, the White House said, will focus on infrastructure investments specifically.

The second will focus on funding domestic policy areas of Democratic concern, such as providing universal pre-kindergarten and tuition-free community college, as well as health care.

(Excerpt) Read more at google.com ...


TOPICS: Government; News/Current Events; US: New York
KEYWORDS: bidenadm; buildbackbetter; emilyjacobs; incometax; infrastructurebill; newyork; newyorkcity; newyorkpost; redistribution; taxhikes
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To: packagingguy

#5 Raise taxes more? Guess the Dems never heard of the Laffer curve.

I ain’t Laffering : )


81 posted on 03/30/2021 3:03:30 PM PDT by minnesota_bound (I need more money. )
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To: gcparent
Well, if an apple cost 10 cents back in the 1930s, then maybe it would be a dollar for an apple now.

But if someone tried to sell apples on a street corner today, he'd probably be robbed and go home with nothing.

82 posted on 03/30/2021 3:16:16 PM PDT by Verginius Rufus
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To: John W

If you haven’t already, start buying hard assets (not collectibles). At this rate, it won’t be for your grandchildren’s futures, it will be for yours.


83 posted on 03/30/2021 3:44:54 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: SkyDancer

Bkmk for later read.


84 posted on 03/30/2021 3:56:20 PM PDT by sauropod (Chance favors the prepared mind.)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...

85 posted on 03/30/2021 5:00:44 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

This would be terrible.


86 posted on 03/30/2021 6:08:14 PM PDT by gcparent (MAGA)
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To: gcparent

Like everything else these commies do.


87 posted on 03/30/2021 6:12:02 PM PDT by vis a vis
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To: gcparent

Will be.

The capital gains at death? The rich a-holes who’ve grifted their ways through their lives have no problems setting up “non-profit” foundations, pushing the bulk of their assets into those, and sitting on the boards for the rest of their lives.


88 posted on 03/30/2021 6:30:46 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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