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Biden wants to stick it to the poor/middle class

Boiler Buck

All-American
Mar 11, 2010
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Biden LIES...he promised to not add costs to the lower and middle class, saying he is only going after the "rich". Acording to varouus sources and articles, here are a few items said to be in the $3.5 trillion bill over 2600 pages that shows that is not true, and everyone pays under the Dems.

1. Fees on emissions to energy company raising our costs. No evidence extra fees will help anything, however, fees go right to all of us in higher costs.

2. Extra taxes on natural gas and oil. Repealing some tax breaks adds costs to our energy....for everyone.

3. Adding IRS agents to use the unknown cornicopia of laws most of which one likely doesn't even know about to go after more taxes. I mentioned the monitoring of bank transactions planned as evidence of this.

4. Cigartette, cigar and nicotine taxes and fees that likely will hit us.

5. A slew of new Corporate taxes and fees, raising costs on everyone when we buy their products.

6. New capital gains taxes that hit everyone when they sell these items. This hits several in the middle class.

7. In the companipn infrastructure bill he has a
vehicle per-mile user fee to stick it to us.

8. A Ten fold increase in OSHA fines are possible in this bill. These fines can be as high as $700,000......This will add to cost of doing business. Even if you toe the government line, to avoid fines, that will add costs to businesses.

9. More inflation. By definition inflation is too much money chasing a set of goods.....here adding $3.5 trillion will add to inflation according to economists. This is the biggest cost of all.

Of course this bill has not passed....is STILL EVOLVING, and thus changes are happenning all the time. Perhaps to some of the above. BUT one thing is CLEAR Biden is coming for the pockets of way MORE than just the rich.

Like I say, they are all liars.....but often DEM policies cost your pocketbook more than others. Lets hope this bill fails for the sake of Americans.
 
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#9 is the one no one is talking about. There isn't labor, materials and logistics available to do that 3.5 trillion worth of anything. It would just make the labor market more inflated, make manufacturing more inflated and shift private sector manufacturing and labor to government projects and dependence. You would spend 3.5 trillion and get half the expected benefit due to shortages and you would kill American businesses competing overseas.

WD
 
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