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Spotlight: Manchin-Like Tax Hikes Won’t Fight Inflation: What Investors Need To Know

Spotlight: Manchin-Like Tax Hikes Won’t Fight Inflation: What Investors Need To Know

FromSteve Forbes: What's Ahead


Spotlight: Manchin-Like Tax Hikes Won’t Fight Inflation: What Investors Need To Know

FromSteve Forbes: What's Ahead

ratings:
Length:
3 minutes
Released:
Feb 18, 2022
Format:
Podcast episode

Description

Democratic Senator Joe Manchin, who played the key role in killing President Biden’s proposed spending extravaganza, is now supporting higher taxes on businesses and on capital gains. Manchin’s rationale: More taxes will help fight inflation. Steve Forbes on why Machin-like tax hikes will not flight inflation and on why this move will hurt the economy, raise prices and ultimately be bad news for investors.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.
Released:
Feb 18, 2022
Format:
Podcast episode

Titles in the series (100)

In an uncertain and rapidly changing world, Steve Forbes sits down with today’s leading business and economic minds to give listeners a better grasp of what’s ahead, and shares his own perspectives on the day’s most pressing issues.