Miscellaneous
Biden want's you the taxpayer to spend another $3 trillion on "infrastructure", AKA a Democratic Party wish list of programs including federal funding of universal pre-school? Where will this money come from? Some will be debt. In the end it will all morph into debt. But taxes are going to go up too including (at this point - so who knows) couples making $200,000/year. ($400k was supposed to be the limit.) Dems also want to raise the corporate tax from 21% to 28% which is basically job suicide. The USA long had the highest corporate rates in the world and this chased away business. Now we are more competitive, but raising corporate rates (which are ultimately paid for by the consumer in one way or another) would set us way back. This is absolute folly but some in Congress want to move now and to fund big government dreams before Congress potentially changes hands. --- Send in a voice message: https://anchor.fm/nick-sorrentino/message Support this podcast: https://anchor.fm/nick-sorrentino/support