The trend of recentresearch clearly shows that high taxation has a negative effect on the growth of personalincome, especially at the margins where the poor reside. There are also a number of studiesshowing that high taxes reduce job opportunities and sometimes lead to higher unemployment.
Biden’s ‘less is more’ mantra demands sacrifice only from average Americans
The Biden administration can’t escape the blame for higher prices. And that’s why it must try to redirect voters’ anger. JPMorgan Chase CEO Jamie Dimon mentioned “inflation” more than 20 times in his annual report to shareholders, released Monday. And he warned that the Federal Reserve’s response — raising interest rates to cool spending — could...