[SeekAndFind]

President Biden wants to only extend tax cuts for households making under $400,000, letting taxes rise for those above that threshold. Administration officials say any tax-cut extensions must be offset with higher taxes on high-income households and corporations, a goal that could prove challenging even if Democrats do well in November.

[Paladin2]

I didn’t see this in T-Bill World today.

[Theoria]

Expect another credit event next year in the form of a credit downgrade. The politicians are not serious about cutting spending. Inflation will not be handled unless with a recession.

[PeterPrinciple]

A rule of thumb on Wall Street holds that budget deficits tend to be larger under one-party control.

---

a rule of thumb has exceptions

Tough times is the cure. We will see some.

It is going to take a generation to change things

[mewzilla]

Meanwhile, on the other side of the pond...

Keir Starmer dodges major question as 'two words' hint at imminent tax hikes Keir Starmer held a press conference at Downing Street after Labour's landslide General Election win - with two key words hinting at tax rises.

The EU's cash cow is back in the barn!

[Wuli]

Making the 2017 tax cust permanent has to also include deep federal budget cuts at the same time. The borrowing binge cannot continue.

[DNME]

Will Trump capitalize on the overturn of the Chevron doctrine and FINALLY start dismantling the Federal Behemoth?

[central_va]

with investors betting policies including tax cuts could drive up deficits and inflation.

One problem, that is not what happens. Revenue goes up and there is no effect on inflation.

[RckyRaCoCo]

Those who have benefited greatly/the most from all the fed/other fraud are now in their golden (as in "golden rule", you know, the thing) years.

...just a little more to get them to the grave.

...then, BOOM (reality)!

(who cares, bye suckers, LOL!).