This isn’t helping
It is being reported the President Biden will be announcing a tax increase on large corporations. Who do you think these companies will pass their increased costs from taxes onto? Guess who. The consumer. Trickle down economics. In fact, some major U.S. companies are warning with all this government spending that they have fears of inflation as they see their costs increasing. Tax increases and higher material and labor costs for companies. Do you think that will help the economy long term? Potentially not.