Democrats Agree To INCREASE Taxes and INCREASE Spending

“Build back better” failed, so they’ve repackaged it …… as the “Putin Tax Increase.”
Why would you want to increase taxes on the front end of a recession? Higher taxes will deepen the recession.Why would you pile more debt on our astronomical, unpayable national debt and increase hyperinflation?

We should be cutting spending, cutting taxes.

The government devours money. To what end? They increase their power, shred our freedoms, create more chaos. They do no create jobs, wealth, innovation – they are the problem not the solution.

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https://twitter.com/Jim_Jordan/status/1401196747431481344?s=20&t=-eCy8D7nPP-a0yqaYbtrKg

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https://twitter.com/GaryCutter3/status/1545388096056971264?s=20&t=-eCy8D7nPP-a0yqaYbtrKg

“America’s industrial progress, in the short span of a century and a half, has acquired the character of a legend: it has never been equaled anywhere on earth, in any period of history. The American businessmen, as a class, have demonstrated the greatest productive genius and the most spectacular achievements ever recorded in the economic history of mankind. What reward did they receive from our culture and its intellectuals? The position of a hated, persecuted minority. The position of a scapegoat for the evils of the bureaucrats.”

[…]

“Every ugly, brutal aspect of injustice toward racial or religious minorities is being practiced toward businessmen.. .Every movement that seeks to enslave a country, every dictatorship or potential dictatorship, needs some minority group as a scapegoat which it can blame for the nation’s troubles and use as a justification of its own demands for dictatorial powers. In Soviet Russia, the scapegoat was the bourgeoisie; in Nazi Germany, it was the Jewish people; in America, it is the businessmen.”

“America’s Persecuted Minority: Big Business,”
Capitalism: The Unknown Ideal, 44

WASHINGTON — Senate Democrats have reached an agreement to raise taxes……

The lawmakers, the sources said, plan to close the tax break for those earning more than $400,000 a year, requiring them to pay 3.8% in taxes on certain income from pass-through businesses, in what is effectively a slimmed-down package after the Build Back Better Act stalled last year.

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Thanks for sharing!