The Democrats have moved their huge tax‐​and‐​spend reconciliation bill through the House, and it now heads to the Senate. The bill includes large tax increases on businesses, investment, and high‐​earning individuals.

The proposed $2.4 trillion reconciliation bill includes $80 billion for increased Internal Revenue Service (IRS) funding.

President Biden and congressional leaders are searching for ways to raise $2 trillion to fund proposed spending increases.

The infrastructure and entitlement bills pending on Capitol Hill are bad for many reasons.

President Biden has released a framework for his Build Back Better plan, which he hopes will gain the support of Democrats in the House and Senate.

In their haste to pass massive spending bills and clobber the rich, the Democrats are floating some radical tax schemes.

Federal government debt is rising rapidly.

All standard data sources show that the federal tax system is highly “progressive” or graduated, meaning that top earners pay much higher tax rates than people in the middle or at the bottom.

New data from the Congressional Budget Office show that federal tax revenues are soaring.

Federal government debt is rising as politicians increase spending faster than tax revenues are coming in the door.