Home » Biden Signals Tax Hike If Re-Elected As Americans Struggle From His Inflation Crisis

Biden Signals Tax Hike If Re-Elected As Americans Struggle From His Inflation Crisis

President Joe Biden signaled on Wednesday that if he wins re-election this fall that Americans should expect to see an increase in their taxes, which comes as many are struggling from the high inflation rates that have defined Biden’s presidency. “Donald Trump was very proud of his $2 trillion tax cut that overwhelmingly benefited the …

President Joe Biden signaled on Wednesday that if he wins re-election this fall that Americans should expect to see an increase in their taxes, which comes as many are struggling from the high inflation rates that have defined Biden’s presidency.

“Donald Trump was very proud of his $2 trillion tax cut that overwhelmingly benefited the wealthy and biggest corporations and exploded the federal debt,” Biden claimed in a post on X. “That tax cut is going to expire. If I’m re-elected, it’s going to stay expired.”