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Ron Insana: This is why higher taxes won’t incite a bear market



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The Wall Street Bull (The Charging Bull) is seen during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 26, 2020.Tayfun Coskun | Anadolu Agency | Getty ImagesIn the immortal words of Joan Rivers, “Can we talk?”There is so much gibberish being bandied about when it comes to the Biden infrastructure and tax plan that it’s simply time to cut through all the rhetorical nonsense and have a straightforward conversation.The main argument on Wall Street, and among some supply-side economists, against raising taxes is that it will kill the bull market in stocks, create a negative wealth effect …

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