The
Democrats’ $3.5 trillion infrastructure/reconciliation/”Build Back Better” bill is a
total sham, a hoax, and yet another attempt to reward fat cat Democrat donors
while sticking it to citizens who deviate from the party line.
The bill
would punish grieving families by dramatically increasing the death tax, to the
tune (“Taps?”) of $54 billion.
Tax the
rich? The bill would authorize local banks to report all transactions of $600
or more, including those from third-party applications like PayPal or
Venmo. 600 bucks! Why?
Tax the
rich? The bill would give a cool $200 million to Speaker of the House
Nancy Pelosi’s favorite park/golf course. (Gotta take care of the Old Gal by
sending some cash to her home district if you want to extract more favors from
her later, right?)
Tax the rich? According to
the nonpartisan Joint Committee on
Taxation, the bill proposes $2.1 trillion in tax increases, $1.1 trillion of
which would be gleaned from families and small businesses. The bill would even
increase taxes on some earning under $100,000 annually. Though Democrats
incessantly tout their supposed desire to make wealthy individuals and
corporations alike “pay their fair share,” the JCT says that two-thirds of the bill’s
tax burden would fall on low and middle-income earners.
Tax the rich? The bill would
provide $42 billion in tax credits to spur the purchase of electric vehicles,
the vast majority of which are purchased by the relatively wealthy, for
multiple reasons. The bill would also grant generous taxpayer-funded paid leave
benefits to households earning up to $500,000 a year. And it includes $50
billion to grant “free” college to all, including students from families worth
millions.
The proposal
would set aside $630 billion as a down payment on the Green New Deal and send
an additional $80 billion to the Internal Revenue Service to allow it to double
the number of agents it could use to harass the taxpayers whose money it would
receive to permit it to do so. Seems a tad ironic to me. Not to mention
disgusting, repulsive, tyrannical, and evil.
This ridiculous and dangerous
bill is 2,456 pages long. The Constitution of the United States graced four
pages of parchment. The bill consists of over a million words, the
Declaration of Independence 1,320.
It punishes and divides, whereas the Declaration and Constitution
birthed a great nation. Less than one-fourth of the spending the passage of
this bill would authorize would be on infrastructure. Most of the spending
would effectively be tasked to ensuring Democrats never lose another election.
Where
would all this money come from? Well, some of it would come from a proposed new
tax on methane emissions that could potentially have dairy farmers paying an
additional $6,504 per cow per year. Talk about a cash cow! For the
government. A “breaking-windfall tax” as it were. If I were a dairy farmer, I
would have a cow if this bill were to be enacted.
We all
should.
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