Beltway Confidential

Why on earth would we raise taxes now?

By Bruce Thompson
Published October 22, 2021 10:00am ET
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Why on earth would we raise taxes now?
The economy is reeling. Inflation is increasing at the fastest rate in years. Supply chain problems are causing shortages and disruptions. Energy shortages are also spreading. Businesses across the country are struggling to survive. This seems like a poor time to raise taxes on the economy. Yet President Joe Biden and congressional Democrats are pushing […]

The economy is reeling.

Inflation is increasing at the fastest rate in years. Supply chain problems are causing shortages and disruptions. Energy shortages are also spreading. Businesses across the country are struggling to survive.

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Taxes