WHAT CAN WE EXPECT FROM A BIDEN ADMINISTRATION?
The countdown to the January 20 th, 2021 handover ceremony in Washington DC is ongoing as the current administration prepares to hand over to an incoming Biden Administration. Most of the elated people in America and all over the world ask, what can we expect from a Biden Government? Here’s the list. High Taxes A Biden government would reverse the Trump tax-cuts which have been criticized for being pro-wealthy and of no value to the middle and low-income working-class Americans. Corporations have had a field day cashing in on the lowered capital gains tax as well as the billionaires and millionaires who made a lot of money thanks to the tax cuts, whereas many were left out. The tax cuts also ballooned the deficit and you can see why Biden will have to increase taxes to cut this deficit. Strong Pro-Environment Policies President Trump never hid his disdain for climate change activists like Greta Thunberg and for treaties like the Paris Accord, which he withdrew from. The ...