The New CS Board

[jumanji0881]

Are higher taxes coming? Janet Yellen talks 'revenue raises' and 'full employment' by next year : https://www.kitco.com/news/2021-03-24/Are-higher-taxes-coming-Janet-Yellen-talks-revenue-raises-and-full-employment-by-next-year.html

My Comment : I certainly do not want to bail out home buyers who have paid exorbitant prices for RE. It's the old tax and spend policy. The only hope is that the Republicans are able to block any tax increases which will be difficult if reconciliation is used or of the filibuster is eliminated. Where's MY stimulus check ? I just get a huge tax bill.

Excerpts:
(Kitco News) - Janet Yellen, Secretary of the Treasury, said in her testimony with Congress yesterday that tax policies may need to be revised in order to pay for stimulus programs and provide ongoing relief to Americans

"1 in 10 homeowners with a mortgage are behind on their payments and almost 1 in 5 renters are behind on their rent. There are 22 million people who say they don't have enough food to eat. 1 in 10 adults are hungry in America. I looked at data like these and I worried that the COVID economy was going to keep hurting millions of people now and haunt them long after the health emergency was over," she said.