PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses the Biden Administration’s plan to raise taxes.
“We’re getting more information every day about the infrastructure bill. I’m not sure what they’re going to call it, but more information is coming out about it increasing taxes. The Democrats have said they need to increase inflows by $3 trillion every year. That is their justification for raising taxes. By raising corporate taxes to 25 percent, they would raise about $800 billion—far short of $3 trillion. If they are shooting for 3 trillion, you can only imagine what is left to be taxed. This is not going to get the results that the left thinks it’s going to get.
“But maybe they know they’re not going to get the results they say they want. Maybe they are hoping that the results they do get will be like always, and we will spin into recession, creating another crisis for them to use as springboard for their far left agenda.”
Dan Celia discusses these and other global and economic headlines on his daily, three-hour “Financial Issues” program, heard on more than 660 radio stations and several television networks nationwide, including FISM.TV, viewed on several post-cable television platforms and online.
Read more about Celia, FISM and “Financial Issues” or visit the FISM website, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues; download the FISM app here.
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