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From “tax the rich” blue states to GOP-led Washington, the bipartisan obsession with raising revenue is in full swing. In this episode of Watchdog on Wall Street, Chris breaks down why everyone—from Rhode Island to Capitol Hill—is coming for your wallet.
Here’s what you’ll hear:
-How states are rolling out new millionaire taxes, capital gains hikes, and even a “Taylor Swift tax”
-Why 19 states facing deficits are ramping up revenue grabs instead of cutting spending
-The GOP’s “Reconciliation 2.0” plan—and why it’s just more uniparty tax-and-spend
-The stealth federal proposals that could gut mortgage deductions, tax your health insurance, and hit small businesses hardest
-How both parties quietly agree: higher taxes for you, no real spending reform for them
It’s not about reform. It’s not about fairness.