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Higher Tax Rates could Boost the Development like Eisenhower Proved

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This is the age of capitalists and Silicon Valley entrepreneurs. The truth is you are either on the working side of the economy or the ruling side of the economy. Only 4% of the millionaires believed themselves to be wealthy while 44% considered themselves to be middle class in America.

This is troubling news. People who do good financially, keep excelling while those who struggle economically keep struggling.

It seems like it is high time to put in place again what President Dwight David Eisenhower had. During his administration, Eisenhower had a 90 percent tax rate for the super-rich during his administration.

The only way to get away from high taxes was to spend the money in the good of the country. To avoid high taxes, the rich could invest in business expansions and higher employee wages. The rich would give a million or two to tax-exempt non-profits that feed, house, and clothe poor people of America, among other things.

Eisenhower believed that to avoid the higher tax, the rich would spend money on doing things that would make America great. In Eisenhower’s term, enough tax by the rich made new projects possible. A new project of interstate highways and the most significant road project America had ever seen was only possible because of Eisenhower tax rates.

Many believe that Ronald Reagan handed the economy over to the rich guys. And instead of building the country, they are tearing it up for their benefit. It is time to take back the power from the rich and greedy and let the middle class bloom.

A multi-lingual talent head, Jimmy is fluent in languages such as Spanish, Russian, Italian, and many more. He has a special curiosity for the events and stories revolving in and around US and caters an uncompromising form of journalistic standard for the audiences.

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Trump Accuses Joe Biden Of Lying About His Involvement In His Son’s Illegal Business Dealings In Ukraine

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Biden and Trump are both running for the post of President of the United States. Both have been slinging accusations around, trying to bring each other down in the new round of who can accuse who Trump has accused Joe Biden of lying. Trump claimed that Joe Biden was lying about his involvement in his son Hunter Biden’s illegal business in Ukraine.

Trump made the accusations based on the information shared by the New York Post. He said that the facts were published by an outstanding newspaper, the New York Post. Moreover, Trump also talked about the series of emails that were shared by the New York Post.

The emails are about an adviser to the Ukrainian gas firm Burisma thanking the Hunter Biden in 2015 for an invitation to meet his father. Another email from 2014 showed the adviser, Vadym Pozharskyi, asking for Hunter Biden’s help in stopping politically motivated actions. These emails were provided by the New York Post, and Trump has used this information in his new speech to accuse Joe Biden of being a liar.

In his rally, Trump asked Biden to make public all his emails, meetings, phone calls, transcripts, and records related to his family’s business dealings. Trump has also accused Biden of doing pedallings around the world, including China and including Russia. As China and Russia seem to be at crossroads with the US now, Biden’s involvement with any of these nations can cost him many votes.

However, Biden’s campaign denied any of the claims. They rejected all the accusations, claiming that Joe Biden’s schedule showed no such meeting taking place. Andrew Bates, the campaign spokesman of Biden, said that Joe Biden was falsely accused. Moreover, Biden carried out the official U.S. policy towards Ukraine and engaged in no wrongdoings.

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