Source: Fox News
by Hugh Hewitt
“Hear me out, members (and staffs) of the House Ways and Means Committee and Senate Finance Committee. Do not raise taxes on anyone, even those making a million or more a year. That should be a red line for Republicans. But you need revenue to pay for extending and expanding the Trump 2017 tax cuts that powered the explosive growth of his first term before the Covid curtain came down. Here’s an option. According to the Investment Company Institute, Americans had $8.9 trillion invested in 401(k)s and $15.2 trillion in IRAs in the third quarter of 2024. Let’s call it $22 trillion in yet-to-be-taxed money.” (04/15/25)
https://www.foxnews.com/opinion/morning-glory-how-senate-house-finds-two-trillion-dollars