from Schiff Gold
Joe Biden unveiled details of his $2 trillion-plus infrastructure plan complete with tax hikes. The claim is that this is going to strengthen the economy and create opportunity. Peter broke down the spending plan in his podcast and said it will do the exact opposite. It’s going to weaken the economy and destroy opportunity.
The tax hikes primarily target corporations, along with people who earn over $400,000 per year, but Biden said they weren’t meant to punish people. They are intended to create opportunities for others.
In other words, he thinks the only way to create opportunities is to take money away from the entrepreneurs who earned it and have the government spending it ‘creating opportunity for other people, which basically is taking a stake to the very heart of capitalism.”