Singer Chappell Roan Doesn’t Know Anybody With Children Who’s Happy
Our Gift to You This Holiday Season
High Marx: New York Mayor Zohran Mamdani Says Bernie Sanders Is the Leader...
MAGA OBSESSION! PROPAGANDA! PANIC! MS NOW Sets Its Strategy for Covering Up Minnesota...
Buckle Up, New York: You're About to Get What You Voted For With...
Vogue Deletes Post Slamming 'Far-Right' Islamophobe Brigitte Bardot
Experts Say 2025 Was So Hot It Pushed Earth Past Critical Climate Change...
Carol Roth Hilariously Notices Something About Mamdani's Coronation
Call To Activism Bathes in the World's Worst Cologne Over Trump's New Year's...
Judge Rules Trump Administration Can Share Immigrants’ Medicaid Data With ICE
We Don't Believe You: X Users React Skeptically As New CBS Evening News...
Lin-Manuel Miranda Cancels Entire Run of Hamilton at Trump-Kennedy Center
CBS News' New Year's Resolution: More News, Less Elite Opinion
Scott Jennings Drops Receipts on Hosts Denying Tim Walz Linked Fraud Probes to...
A New Year's Message From Twitchy Managing Editor Sam Janney

'Hold onto your wallets'! Hope you enjoyed your economic stimulus, because Joe Biden is reportedly 'planning first major tax hike in almost 30 years'

Joe Biden’s really got his work cut out for him, what with cleaning up the mess Donald Trump left behind.

Good thing he’s off to a running start!

Migrant kids have been moved from cages to jail-like facilities and mobile storage containers, and the economy’s reportedly about to get stimulated like you wouldn’t believe:

Advertisement

More from The Hill:

President Biden is reportedly planning the first major hike in federal taxes in almost 30 years to fund the economic program set to follow the recently approved $1.9 trillion pandemic stimulus package.

Unidentified sources told Bloomberg that the increases will reflect the promises Biden made during his 2020 campaign.

The planned increases reportedly include: raising the corporate tax from 21 percent to 28 percent; increasing the income tax rate on people making more than $400,000; expanding the estate tax; paring back tax preferences on pass-through businesses such as limited-liability companies; and setting up a higher capital gains tax rate for individuals making at least $1 million.

We’re feeling stimulated already just thinking about it.

It’s gonna be so boosted … you wait and see!

Advertisement

But at least we got stimulus checks!

Advertisement

It makes sense if you’re a Democrat and want Americans to remain under your thumb.

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement