https://www.commondreams.org/news/biden-budget-tax-rich-corporations Biden Tax Boost Targeting the Rich Called 'Fair, Popular, and Long Overdue'
"Republicans have already made clear they're on the side of the 1 Percenters and big corporations by trying to shield rich tax cheats and endangering Social Security and Medicare with deficit-busting tax cuts for the wealthy and corporations," said one expert. "The contrast couldn't be sharper." #BidenBudget #taxtherich
https://open.substack.com/pub/heathercoxrichardson/p/march-9-2023?r=5m6et&utm_campaign=post&utm_medium=email. Biden’s 182-page $6.9 trillion budget plan advances a vision of the US based on the idea that the government should invest in workers, families & infrastructure to increase the purchasing power of those on the “demand side” of the economy. The theory of the GOP since the 1980s, is that the government should cut taxes & slash government spending to free up capital for those at the top #BidenBudget #GOPgrifters
https://www.reuters.com/world/us/why-bidens-child-programs-likely-wont-go-anywhere-2023-03-09/ #GOPtraitors oppose safety-net programs for children can yield benefits later on, such as higher graduation rates and better physical health.
"We generally don't think about the benefits of these investments in children, we just think about the cost side," she said. "If we thought more about the benefits, we might do more investing in kids." #BidenBudget
https://www.bloomberg.com/news/articles/2023-03-09/capital-gains-tax-nears-45-in-biden-s-soak-the-rich-budget #BidenTaxPlan would expand the child tax credit to $3,600 for children under six and $3,000 for older children, up from $2,000. This would revert the credit to the more generous version Democrats passed in 2021 during the height of the Covid-19 pandemic. The plan would also expand the earned income tax credit, a benefit for low-income workers, for individuals who do not have children. #BidenBudget
What is Biden gonna do, raise taxes on the wealthy? They’ll just give up and choose poverty and then where will we be? Burdened with a bunch of nouveau poor that don’t know how to coupon.
#politics #biden #nouveauPoor #bidenBudget
#politics #biden #nouveaupoor #bidenbudget
From yesterday's Wall Street Journal: Biden’s budget plan will “save hundreds of billions of dollars by seeking to lower drug prices, raising some business taxes, cracking down on fraud and cutting spending he sees as wasteful, according to White House officials.” Those officials said that, over the next ten years, the plan would CUT DEFICITS BY CLOSE TO $3 trillion.
#BidenAdministration #bidenbudget #Bidenflation #BidenHarris2024 #BIDENSAMERICA
#bidenadministration #bidenbudget #bidenflation #bidenharris2024 #bidensamerica
The president is expected to announce a new tax on American households worth more than $100 million. #BidenBudget
The president is expected to announce a new tax on American households worth more than $100 million. #BidenBudget
Biden to propose 5.2 percent federal pay increase, largest in 43 years
https://www.washingtonpost.com/politics/2023/03/08/federal-pay-boost-biden-budget-2023/
President Biden is expected to propose a 5.2 percent raise for federal employees in his budget set to be released Thursday — the largest increase the White House has put forward since Jimmy Carter was president. #CostOfLiving #FederalPayIncrease #BidenBudget
#CostOfLiving #federalpayincrease #bidenbudget
https://www.nytimes.com/2023/03/08/us/politics/house-republicans-deficit-spending-biden-budget.html #MAGArepublicanExtremists House Republicans are readying a plan to gut the nation’s foreign aid budget and make deep cuts to health care, food assistance and housing programs for poor Americans in their drive to balance the federal budget #GOPTraitorsToDemocracy #BidenBudget
#magarepublicanextremists #GOPTraitorsToDemocracy #bidenbudget
Poll: Do you favor or oppose #TaxIncreases on Americans who earn more than $400,000 per year? https://politicaliq.com/2023/03/07/biden-budget-proposal-to-include-tax-increase-for-wealthy/ #BidenBudget #politicaliq #news #politics
#taxincreases #bidenbudget #politicaliq #News #politics