Janet Yellen: “I am very disturbed and have spoken out for many years about the disturbing trend toward rising inequality.”

He has explicitly said that he will not agree to raise taxes for people making under $400,000.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

President Biden has said he would oppose allowing tax cuts to expire for people making under $400,000.

I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.