So now the administration is claiming that their $3.5 trillion spending package will cost nothing. They say this is because they will raise taxes on “the rich” and corporations that they believe should have been taxed more harshly all along, and there will be no new debt required. I suppose this might be true if you believe all our income belongs to the government, who decides how much we are worthy of keeping.
This is what happens when people don’t listen to accountants.