Under the latest version of the Democrats’ Reckless Tax and Spend bill, the non-partisan Joint Committee on Taxation (JCT) analysis confirms it gives tax breaks to the wealthy. Democrats are even taking issue with tax provisions their fellow Democrats pushed to include in the multi-trillion dollar bill. FROM THE DEMOCRATS: Chairman of the Senate Budget … Continue reading Dems blast their own unhinged tax scheme: ‘Bad policy, bad politics’
Category: Taxation
House Committee on Oversight and Reform Ranking Member James Comer (R-Ky.) released the following statement after the United States District Court for the Northern District of Alabama issued a permanent injunction against a provision included in the American Rescue Plan Act (ARPA) which imposed coercive restrictions on the States’ ability to make their own fiscal … Continue reading Biden spending scheme bans states from cutting their own taxes
President Joe Biden signed the bipartisan infrastructure bill into law, including more than one trillion dollars in government spending. In addition to measures funding infrastructure projects, the new law has far-reaching implications for the cryptocurrency industry. Senior fellow John Berlau said: “In rushing the infrastructure bill through, Congress unfortunately ignored the bipartisan outcry about the … Continue reading Biden tax and spend bomb forces crypto companies to turn over identities of users
Club for Growth PAC endorsed Representative Alex Mooney in WV-02; Mooney, will face Rep. David McKinley in the primary. Mooney has an 87% Lifetime Rating on the Club for Growth Foundation Congressional Scorecard while McKinley only has a 51%. “Rep. David McKinley betrayed his West Virginia constituents when he voted for Biden’s $1.5 trillion tax … Continue reading Club for Growth PAC endorses first challenger to 13 Republican betrayers
Americans for Free Trade (AFT), a broad coalition of American businesses, trade organizations, and workers united against tariffs sent a letter to United States Trade Representative Katherine Tai calling for her to implement a worker-centered trade policy that recognizes the importance of imports, exports, and foreign investment to U.S. competitiveness in the global economy. “As … Continue reading Hundreds of employers warn Biden tariffs are killing US economy
Pointing to warning from a former Clinton Treasury Secretary and Obama economic adviser, U.S. Sen. John Thune (R-S.D.) this week discussed how Democrats have prioritized their reckless tax-and-spending spree over addressing the numerous crises they have created, which are impacting families in South Dakota and across the country. Thune noted that Democrats’ latest proposal would … Continue reading Clinton Treasury Secretary and Obama economic advisers warns Biden is setting off massive inflation bomb
U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks this week on the Senate floor regarding Democrats’ reckless tax and spending spree: “Two weeks ago, President Biden and his team flew to Glasgow for a glitzy conference. World leaders traveled there to attend one another’s speeches on carbon emissions and the climate. “The … Continue reading Build Back Beijing: Democrat anti-energy bill hurt US families and helps Communist China
U.S. Sen. Ted Cruz (R-Texas) this week introduced legislation that would repeal an overly broad and poorly-crafted provision from the infrastructure package that creates new reporting requirements for many participants within the blockchain industry. This provision will stifle innovation in the industry, endanger the privacy of many Americans and cryptocurrencies, and likely push key aspects … Continue reading Cruz moves to repeal Biden spending bomb’s ‘devastating attack’ on crypto
Joe Biden promised he wouldn’t raise taxes on middle-class families. But his so-called “build back better” plan will raise taxes on blue collar Americans while giving tax cuts to the wealthy. According to the non-partisan Tax Policy Center, 20 to 30 percent of middle-income households would pay more in taxes. Meanwhile, most millionaires would receive … Continue reading Build Back Broke: Middle class get tax hike while blue state millionaires get tax break
Club for Growth released new digital ads in five Congressional districts asking constituents to reach out to their Representatives and tell them to keep their word and vote against President Joe Biden’s so-called “Build Back Better” Act. “These five Democrats promised their constituents that they would vote against Biden’s radical tax-and-spend bill and now they’re … Continue reading New Club for Growth ads targeting five Democrats to vote no on Biden tax and spend bomb
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