U.S. Treasury Secretary Janet Yellen told lawmakers on June 17 that “there are some tough trade-offs in fiscal policy,” but “a fairer tax code for a structurally sound economy is not one of them.” Appearing before the House Ways and Means Committee hearing on the Administration’s Fiscal Year 2022 budget proposal, Yellen called the president’s budget both fiscally strategic and fiscally responsible. She stated that it pays for itself through a reformation of the tax code “without touching the vast majority of Americans” (those taxpayers who earn less than $400,000 a year). To read her full testimony: https://bit.ly/2TVu5Xl Call or visit our website for more information! www.mjscpa.com/
