Last week Republican Representative Byron Donalds (FL) reprimanded President Joe Biden for pushing the Build Back Better bill, a flat-out joke. Donalds told Fox Business Network’s “Kudlow” that wealthy individuals in blue states and green organizations will benefit from the bill.
It is a Breaking Bad Better bill encouraging criminality and cronyism. And Joe Biden is just the sock puppet for Democrat donors, lawyers, and special interests.
The wealthy blue state moguls will benefit disproportionately from reinstalling the federal deduction for state and local taxes. Donald Trump removed this because it greatly benefited wealthy Americans. Republicans capped the deduction at $10,000 in the 2017 Tax Cuts and Jobs Act.
Wealthy households in blue states like New York, New Jersey, and California got a tax increase, which should have made people like Democrat Representative Alexandria Ocasio-Cortez (NY) happy. She’s always promoting higher taxes and even wore a dress with “Tax The Rich” on it.
Democrats hope to push the Break Bad Better through the House by Thursday. They intend to raise the so-called SALT cap to $80,000 instead of allowing middle-class Americans to keep more of their money. The bill gives two-thirds of millionaires a net tax cut. Jack Dorsey, Jeff Bezos, and Mark Zuckerberg are the same people who support higher taxes. If they want to keep liberal policies, then Democrats should pass a bill that confiscates their assets. But they will never practice what they preach.
Individuals who love the Green New Deal and many green organizations will get many credits from this environmental policy promoting irresponsible spending. Democrats are misleading the public, claiming that these are investments in future energy production. Donalds added that the bill is a flat-out joke. Most of it works in direct inverse to the stated purpose. There is no compelling reason to do this unless he considered the benefits to certain businesses directly connected to the Democrats.
Donald stated that he appreciated it when people kept their own money. Nobody wants to spend their hard-earned money on the national government. It is tough to fund and operate this central government.
Democrats are inclined toward using the government to their advantage. They want to help people in blue states who give money to them. This bill is a payoff to the people that funded their campaign. It is that simple. And the government will never do without less. Between increased taxes on goods and inflation, you will pay more.
Donald pointed out that individuals working for local papers and news organizations will get a tax reduction of $12,750 per employee if they have an outfit with under 750 employees. It is a giveaway to individuals who support Joe Biden and the extreme left. Liberals have always been taxing and spending their way to votes, but this bill takes it to a new level.