Biden budget takes taxes, spending, IRS funds to new levels, promises plan will cut deficit Follow Us SearchSearch Keyword: Search FRONT PAGE PODCAST RECOMMENDED White House calls Pence homophobic over joke about Buttigiegs maternity leave White
President Biden’s $6.8 trillion budget proposal would impose a whopping $5.5 trillion in tax increases and push federal spending roughly 55% higher than pre-pandemic levels, including a 15% boost for the IRS that would be added to the agency’s current massive funding increase. Mr. Biden announced the tax hikes Thursday in his annual budget proposal…