The investment packages that are being processed in the US Congress are “fiscally responsible”, assured the secretary of the Treasury of the USA, Janet Yellen, in a statement released this Thursday (4).
According to her, the proposals make the tax code fairer by making the wealthier classes and large companies pay a volume of taxes consistent with the level of income.
“The Build Back Better package’s investment and revenue provisions would raise more than $2 trillion in offsets, making the entire package pay off over ten years and would reduce deficits in the long run,” said the secretary.
Yellen He said the legislation represents a “historic opportunity” to reduce costs for families, generate good jobs and increase long-term economic growth.
Reference: CNN Brasil
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