A recent report from Bloomberg is shedding new light on Joe Biden’s economic agenda for the United States; claiming the President is preparing the “first major tax hike” since 1993 as the country struggles to recover from the CoVID-19 pandemic.
“President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter,” writes Bloomberg.
“Unlike the $1.9 trillion Covid-19 stimulus act, the next initiative, which is expected to be even bigger, won’t rely just on government debt as a funding source. While it’s been increasingly clear that tax hikes will be a component — Treasury Secretary Janet Yellen has said at least part of the next bill will have to be paid for, and pointed to higher rates — key advisers are now making preparations for a package of measures that could include an increase in both the corporate tax rate and the individual rate for high earners,” adds the economic website.
Read the full report here.
BIDEN on ???: ‘You Know… The Rapidly Rising, uh, um, In With uh… I Don’t Know…
Former Vice President Joe Biden continued his gaffe-filled campaign this week; launching an incoherent rant about something “rapidly rising” before admitting “I don’t know.”
“You know, the rapidly rising, uh, um, uh, in with uh, with uh, I don’t know, uh,” Biden told reporters.
Joe Biden brain freeze: "You know, the rapidly rising, uh, um, uh, in with uh, with uh, I don't know, uh" pic.twitter.com/hpDOqUvaO8
— Trump War Room (@TrumpWarRoom) June 11, 2020
Watch the bizarre moment above.
BIDEN on ???: ‘What Kind of Country Are We Going to Be with 4 More Years of George??’
Former Vice President Joe Biden continued his gaffe-filled basement campaign over the weekend; apparently warning the country of the dangers posed by “four more years” of “George.”
“What kind of country are we going to be?” asked Biden alongside his wife Dr. Jill Biden. “Four more years of George, uh, he uh, we’re going to find ourselves in a position where that if Trump is gets elected we’re going to be in a different world!”
WATCH: Joe Biden confuses President Trump with George Bush.
"4 more years of George, uh, George…" pic.twitter.com/Zzt2brIaYS
— Trump War Room (@TrumpWarRoom) October 26, 2020
Watch Biden’s bizarre comments above.