Your regular reminder that if not for the Trump and Bush tax cuts, federal revenues would keep pace with federal spending indefinitely.
Instead, these tax cuts have added $10 trillion to the debt.
The so called "party of fiscal responsibility" is full of it.
And your reminder that Roosevelt, Truman and Eisenhower had robust wealth taxation and the LONGEST ECONOMIC BOOM in history. And they paid off the debt from WW2. And built highways.
Biden has 40 MONTHS of continuos job growth. Only matched, only matched by Roosevelt, Truman Eisenhower.
FDR built a fairer America, and it works. Biden is too.
First, thats not the way it works.
Biden cancelled Trump's, republican's trillion dollar tax gift to corporations.
🔥 Then Biden ADDED a trillion dollar tax to JUST sloppy old giant corporations that they could not loophole, could not offshore, who had not paid since boomers. 👈 👈
Biden is spending that trillion dollars on climate: massive offshore windfarms, billions in free vital heat pumps, massive solar fields, and it is producing the stongest economy in the world.
Robert Reich
Kevin Russell
Wm.son