Insight - June 7th, 2021
Insight
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07-Jun-2021
Today on Insight, John and Josh Rosenstern discuss the G-7 meeting where the industrial nations of the world, in a phone meeting discussed corporately raising the income tax by 15-percent. Brother John said this will greatly hurt and destroy small businesses in the United States; as that's 15-percent tax on all gross profits. Brother John says 20-percent of U.S. small business have closed since COVID. The Secretary of the U.S. Treasury, Janet Yellen, under the Biden Administration, wants to pass another 4-trillion dollar stimulus package; viewing inflation, as not a big concern.
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