Kevin Duffy compares the Reagan and Biden economic plans

When it comes to government intervention, there is not much new under the sun.  The state’s objective is always to extract as many eggs from the golden goose as possible.  While Reagan’s economic team acknowledged the importance of keeping the goose alive, Biden & Co. operate under no such constraints.  Count on the current administration to enact new taxes on capital gains, dividends and corporations...  The rich will be made a target, assuming they stick around for the abuse.  In an increasingly virtual economy with an expanding remote workplace, the wealthy have options.

~ Kevin Duffy, "The American Rescue Plan," The Coffee Can Portfolio, April 26, 2021