On the recordMarch 16, 2023
The President has, as you mentioned, pledged he does not want to see taxes raised by a penny on anyone making under that.
Source
congress.govThe President has, as you mentioned, pledged he does not want to see taxes raised by a penny on anyone making under that.
Yellen confirms Biden's pledge against tax increases for those earning under $400,000.
Share
More from Janet Yellen
Corporate anonymity enables money laundering, drug trafficking, terrorism, and corruption.
The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'
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.
We share the objective that you have which is to rid ourselves of dependence on China.