Raising taxes now would likely guarantee a recession

Published July 1, 2022 12:00am ET



As more and more economic experts warn that a recession may be coming, the Biden administration still has its head buried deeply in the sand. Team Biden refuses to recognize the growing threat to the economy.

Despite the warnings, President Joe Biden keeps insisting a recession is “not inevitable.” At the same time, he keeps pushing Congress to raise taxes to pay for more spending.

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