Dave Rubin shared this footage on his Twitter today and he’s absolutely right in stating that this stems from a spending problem, not an income problem.
This is basic economics.
It is such a heinous thing to demonize people for doing financially well for themselves.
On Tuesday, President Biden visited La Crosse, Wisconsin in an effort to increase support for his bipartisan infrastructure deal, stating that the raised taxes will effect those earning more than $400,000.
Such pandering nonsense. The government doesn’t need one more dime of anyone’s money. It’s a spending problem, not an income problem. https://t.co/ByFIrTiAT2
— Dave Rubin (@RubinReport) June 29, 2021
Soooo what about reductions in spending?
Fox News reported:
The president said that his pledge not to raise taxes on those earning less than the $400,000 threshold meant that there would be no increase to the gas tax, a proposal a group of lawmakers had brought forward to pay for the infrastructure deal.
While there are no tax hikes proposed to pay for the $973 billion plan, Biden originally said he would not sign such a deal unless it was offered to him in tandem with a Democrat-only measure likely to contain programs related to what Biden calls “human infrastructure.”
Republicans threatened to walk away from their support of the infrastructure deal if it was linked to a second spending bill passed by reconciliation, or a simple majority.
Other tax increases he’s proposed include raising the corporate tax rate from 21% to 28%. Sen. Joe Manchin, D-W.Va., whose vote no Democratic legislation passes without, has said 28% is too high, but he’d be satisfied with 25%. Biden also wants to raise the top individual tax rate from 37% to 39.6%, where it was before the 2017 tax cuts, which will be paid by families with joint taxable income of about $509,300 and individuals earning more than $452,700.
Ahh yes, wealth distribution at its finest.
Supposedly, the unused coronavirus relief funds, sales from the strategic petroleum reserve, and unused unemployment insurance, among other measures, will be used to fund the bipartisan infrastructure plan, according to the White House.
We already see how the Democrats reckless spending is effecting everything from the cost of living, gas, property, etc.
Joe Biden has the gall to suggest that he wants to make sure everyone pays their fair share… which is really ironic coming from a Democrat.
It’s so sad to know that Americans have become so accepting of increasingly high taxation, and taxation in general from the federal government, when the Revolutionary War was arguably caused by the hatred of taxation.
If you don’t view taxation as theft, I don’t know what to tell you.