🇺🇲 watson :dealwithit: on Nostr: Joe Biden just released his $7.7 trillion mega budget for 2025. Here's just a few ...
Joe Biden just released his $7.7 trillion mega budget for 2025. Here's just a few inconvenient facts about this plan:
- It includes an unbelievable $5.5 trillion in new taxes over just 10 years.
- Economists are calling this “the highest peacetime [tax] burden in American history” and “the highest sustained income tax burden in American history as a share of the economy.”
- The Office of Management and Budget estimates the plan would make the national debt surge to $45.1 trillion by 2034.
- It includes an unbelievable $5.5 trillion in new taxes over just 10 years.
- Economists are calling this “the highest peacetime [tax] burden in American history” and “the highest sustained income tax burden in American history as a share of the economy.”
- The Office of Management and Budget estimates the plan would make the national debt surge to $45.1 trillion by 2034.