Posts tagged financial professionals
Biden’s PRO Act is a covert tax hike on 7.7 million Americans
April 28, 2022 // The PRO Act has been one of Biden’s top priorities despite the fact that it has yet to move in the Senate. The PRO Act’s ABC test is a clear tax hike on millions of Americans, 96 percent of whom make less than $400,000 per year. If Biden is serious about upholding his tax pledge, a central part of his presidential campaign, he should kick the PRO Act and the ABC test to the curb.