The Biden administration plans to increase the U.S. federal corporate tax rate from 21 per cent to 28 per cent.
Per-capita solid waste disposal declined by 10 per cent between 2002 and 2018.
The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999.
The plan includes a “carbon price” between $20 per tonne and $50 per tonne on fuels.
At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7.
Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21.
The president wants to increase the federal corporate tax rate to 28 per cent.
By 2023/24, debt interest will consume 6.6 per cent of all provincial revenues.
Progressive economists sought to exclude “unfit” workers—mostly women and minorities—from the labour market.
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