Posted on 05/09/2021 4:17:44 PM PDT by Yong
House Minority Leader Kevin McCarthy (R-Calif.) said President Joe Biden’s infrastructure proposals would create significant inflation, which would thereby act as a “tax” for people who make less than $400,000.
Biden and his deputies have said they wouldn’t raise taxes on people making less than $400,000 per year. However, due to the sheer size of his two infrastructure proposals, worth about $4 trillion, some economists have warned that it would trigger significant inflation.
They finagle a way to pass it. And somehow blame its failure on Republicans.
Wanna Slurpee?
Inflation is a form of taxation, in that, your dollar has less buying power.
The liberals on MSNBC deny that inflation is a possibility. But, historically, increases in thr money supply not based on economic growth has led to inflation.
What does Sniffer care, he has Hunter bringing in ChincComm money.
Classic hidden tax.
Been used by nefarious tyrants for Millenia.
Whoever these “economists” are, they’re morons or political hacks. There is already significant inflation.
Maybe the GOP should not have assisted the Democrats with the Big Steal.
Whew, finally an issue that the GOPe isn’t terrified to talk about. If they can’t fight on taxes and inflation, they are even more useless than we thought.
Inflation is God’s will. Do you think the po’ folk will turn to the GOP or the government? They’re to paying attention and the rats are being smart. Are we?
Are “low-earning” families a part of his 80+ million voters?IF so, they have no room to complain....they voted for it.
Save us, Kyrsten Sinema!
Inflation is God’s will. Do you think the po’ folk will turn to the GOP or the government? They’re to paying attention and the rats are being smart. Are we?
Retired folks are the people most impacted by inflation.
Bidenflation is already robbing poor people living paycheck to paycheck with no appreciating assets.
Bidenflation affects minorities and the lower economic class in a disparate manner.
Therefore, Biden is a racist and only wants to help the wealthy.
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