Biden’s tax tsunami

Published April 10, 2022 12:00am ET



As Tax Day approaches, the millions of people struggling to pay their taxes need to know something. Namely, that President Joe Biden is proposing massive tax hikes in his new budget.

Biden claims he is only raising taxes for giant corporations and the wealthiest people. But in truth, Biden is calling for dozens of tax hikes that would hit our entire economy. He wants an incredible $2.5 trillion in new taxes: nearly $1 trillion for individuals and $1.6 trillion for businesses.

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