A

Posted on: January 7, 2022 at 10:08:17 CT

But, the increases will not be in the marginal income tax rates as much as in eliminating or increasing caps on SS, eliminating or increasing estate tax exemptions, eliminating the step-up-in-the-basis, new rules for taxing capital gains over a certain amount, etc. They'll focus on indirect increases rather than increases the marginal rates.

The federal govt will become more and more desperate for cash. So, naturally, taxes will have to rise or else game over.