I have a feeling that the 81 million people who voted for Joe Biden in November of 2020 are thrilled with the new taxes Scranton Joe and his fellow Democrats helped usher in. #Rubes
Following on the heels of my colleague Mike Miller‘s post, earlier today titled: The Government Wasn’t Intended to Be a Charity, Much Less to Take Money From You and Give It to Others, in which he wrote this nugget which should entice you to check out his article:
Democrat elites have understood the above since at least the presidency of Franklin Roosevelt, and it’s far more front-and-center today than it’s ever been. A quick trip through Chicago’s Southside, or any similar distressed area in any Democrat-controlled city in America proves it. The real objective of the Democrats is not to “lift people out of poverty.” If they did? Say “Buh-bye” to the Democrat base. Why?
Why would any sane American who succeeds vote Democrat? Why would a successful voter willingly stand by while the federal government robs him or her to pay Paul? Why would a financially sound American who’s charitably minded rather allow the government to redistribute his or her money rather than contribute to the charities of his or her choice? All questions are rhetorical.
Well, lots of people vote for Democrats automatically even though they tax everyone to keep some on the government dole in some way shape, or form. Here is just a partial LIST of some of the income-robbing
joy misery brought to you by the party of not knowing how to describe what a woman is.
*$6.5 Billion Natural Gas Tax Which Will Increase Household Energy Bills
*$12 Billion Crude Oil Tax Which Will Increase Household Costs
*$1.2 Billion Coal Tax Which Will Increase Household Energy Bills
*$74 Billion Stock Tax Which Will Hit Your Nest Egg — 401(k)s, IRAs, and Pension Plans
*$225 Billion Corporate Income Tax Hike Which Will Be Passed on to Households
These are just some of the large examples of more taxing and even more spending compiled by Americans for Tax Reform. Now, I’m not going to cut the Republicans any slack here as they are guilty of over-the-top spending, but the first two years of the Biden, Pelosi, and Schumer leadership of the hell triangle was a bit brutal for the American taxpayer.
The economy is already in a recession or pointing towards one, and who in their right mind thinks that raising taxes on the American people is a good idea at this time? Particularly now that we are pretty certain that the Inflation Reduction Act is a flaming pile of horse manure and raising taxes on people needing to spend more for basic things is…
Not a good plan.
However, I fully admit I could be wrong.
The most experienced person ever to hold the title of President of the United States and who garnered more votes than any other person in electoral history while doing so from his basement might have a better clue on how to bring the country out of its doldrums. Possibly Joe Biden is just acting buffoonish in between chasing ice cream cones and is secretly a genius who I and others have just underappreciated all of his life in public service.
We will just have to check in again at this time next year and see how the month-to-month numbers went and if these tax increases help Usher in a new era of prosperity in this country or if the economy continues to crash and burn.
I will meet you all back here next Jan 2nd, 2024 to find out.