A new report indicates that President Biden’s tax policies would decrease employment, wages, productivity, and long-term economic growth in the United States.
According to <a href="https://www.taxpolicycenter.org/model-estimates/tax-provisions-administrations-fy2022-budget-proposal-june-2021/t21-0064-major-tax">findings</a> from the Tax Foundation, the President’s <a href="https://www.dailywire.com/news/5-things-you-need-to-know-about-bidens-latest-budget-proposal">budget</a> for 2022 — which incorporates the American Jobs Plan and American Families Plan — would lead to 60.7% of Americans paying higher taxes while only 29% benefit from tax cuts and credits.

Report: Biden Policies Would Make Tax System ‘More Progressive’ While Cutting Economic Growth

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Ep. 2737
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Report: Biden Policies Would Make Tax System ‘More Progressive’ While Cutting Economic Growth