An interesting snippet from James Freeman’s Wall Street Journal column:
Jim Tankersley reports in the Times that the paper has obtained Biden budget documents and that “the documents forecast that Mr. Biden and Congress will allow tax cuts for low- and middle-income Americans, signed into law by President Donald J. Trump in 2017, to expire as scheduled in 2025.â€
I have a vague recollection of the last president to reneg on a taxes pledge. Whatever happened to him?
I would recommend that President Biden take his own pledge not to raise taxes on the poor or middle income people seriously and until that report that has been the case.
