Biden increases your taxes
Biden wants in increase taxes on corporations.
This will increase everyone’s taxes (though indirectly.)
What do you think happens when you increase the costs (taxes) of companies. They do a combination of three things.
1. They increase their prices(inflationary);
2. They reduce their costs (your wages) and investment(lowers demand for workers); and/or,
3. Shareholders make less(reduces investment hurting economy).