The $40 trillion debt can not be fixed by “taxing the rich more” alone
Biden pitched a massive tax on the “wealthy” (families making $400k a year) that would bring in $2.2 trillion…over ten years
That’s $220 billion ($0.22 trillion) a year
We have a $2 trillion annual deficit
Biden pitched a massive tax on the “wealthy” (families making $400k a year) that would bring in $2.2 trillion…over ten years
That’s $220 billion ($0.22 trillion) a year
We have a $2 trillion annual deficit