Good morning! There are big plans to provide more early childhood education, free two-year college education and major infrastructural expansion (in addition to other stimulus measures and, yes, some payola to traditional Democratic constituencies like teachers’ unions). We are now getting the details from the Biden administration regarding how the stimulus package and infrastructure initiative will be funded. Much of it is modifications to the U.S. Tax Code targeted at high income earners. The battle lines are being drawn. No doubt the real estate and hedge fund industries will pull out all the stops.
#13 Musings Beyond the Bunker (Friday April 30)
#13 Musings Beyond the Bunker (Friday April…
#13 Musings Beyond the Bunker (Friday April 30)
Good morning! There are big plans to provide more early childhood education, free two-year college education and major infrastructural expansion (in addition to other stimulus measures and, yes, some payola to traditional Democratic constituencies like teachers’ unions). We are now getting the details from the Biden administration regarding how the stimulus package and infrastructure initiative will be funded. Much of it is modifications to the U.S. Tax Code targeted at high income earners. The battle lines are being drawn. No doubt the real estate and hedge fund industries will pull out all the stops.