US President Discusses Affordability Concerns in Congress
The US President has stated that the nation cannot afford childcare and other essential services. This comes amid ongoing discussions in Congress regarding tax policy, where top marginal rates and wealth taxes have not increased. The current tax system includes a 66% income tax on US Treasury holdings, but the overall income and wealth base is smaller than perceived.
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Sources · 7 independent
WAMU 88.5 DC
“We see year after year in Congress even when they do tax policy that the top marginal rate Never goes up or the wealth tax never goes up and just in the last month or two We see the president of the United States saying plainly we cannot afford childcare we cannot afford.”
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