These tax hikes mean fewer jobs created in the U.S., shrinking paychecks, and even higher costs for every day goods. Why do Senate Democrats support job-killing tax hikes that put U.S. families and job creators at a disadvantage?
“Up until the Biden Administration took over, we were energy secure, no longer dependent upon Middle East oil. The shale gas revolution enabled U.S. energy to be even less expensive and more reliable. Now, we find ourselves in a very different place, just 8 months later."
The legislation would raise taxes on working families and small businesses while fueling higher prices on goods and services in order to give tax breaks and handouts to the Democrats’ wealthy friends.
Less than a third of all Americans will benefit from Democrats’ tax plans, with more than two thirds either experiencing no benefit or facing immediate tax hikes. The middle class and small businesses in particular will be getting very little—except for more taxes.
The Democrat tax scheme funnels money to their wealthy friends and elites by raising taxes on working families and job creators.
The House Democratic Whip said the pandemic offered "a tremendous opportunity to restructure things to fit our vision."
New legislation would radically raise taxes to the highest corporate tax rates in the industrial earth and yet still not pay for all of the new spending they're talking about. So, while deficits grow forever, opportunities shrink.
"There are so many controversial changes being crammed into one mega-bill that it must be a deliberate strategy: Try to achieve everything the far left has wanted for 20 years in one fell swoop before the country has time to realize what hit it."
U.S. Senator John Boozman (R-AR), ranking member of the Senate Committee on Agriculture, Nutrition, and Forestry, urged the agriculture community to continue to push back on the Biden administration’s proposed tax increases on family farmers, ranchers and foresters and delivered a strong rebuke of Secretary Tom Vilsack’s recent opinion piece in a letter to editor published in the Wall Street Journal.
"Tariffs hurt businesses throughout the country and it’s time for a new approach to working with our trading partners that relieves the weight of the current tariffs and finally brings an end to this misguided trade war.”