Posted on 09/04/2021 4:19:22 AM PDT by blueplum
Senate Democrats have assembled a laundry list of possible tax hikes to help finance their $3.5 trillion spending bonanza, according to an internal committee document obtained by The Post.
Many Democrats are eager to implement the host of corporate and individual tax hikes to fund the $3.5 trillion plan, but Beltway insiders are dubious the more controversial plans — like taxing share buybacks and hefty executive payouts — will make the final bill....
...Sen. Mike Crapo, a Republican of Idaho, said in a statement to The Post that he had “serious concerns” about the Democratic “tax-and-spending spree.” He said the proposals could cause immediate and long-term damage ...
(Excerpt) Read more at nypost.com ...
Bye Bye Miss American Pie
and not one of those will filter down to the average consumer....yeah right
This is another nail in America’s coffin
I am so inspired and moved to action, Senator Crapo.
Here are this 19 Republican Senators that voted for this to begin with:
Roy Blunt of Missouri
Richard Burr of North Carolina
Bill Cassidy of Louisiana
Shelley Moore Capito of West Virginia
Susan Collins of Maine
Kevin Cramer of North Dakota
You can't spell Crapo without "Crap".
It’s September, back to the Senate floor salt mines.
Then there must be work product in the form of nothingness
We need another list of the GOP senators who voted to certify the election.
Haven’t they heard that Manchn is a NO Vote?
Haven’t they heard that Manchin is a NO Vote?
If the full $5 trillion spending bills pass, there will be major tax hikes but it will not stop the collapse of the American Dollar.
Collapsing the economy and the dollar All for digital currency roll out and control of your personal bank accounts and iRA”s. Sitting here like aussie bobble head dolls on a bumpy road
proposals could cause immediate and long-term damage
We understand what this bill means. “Progressives “ either don’t or welcome the destruction.
Top 10% of income earners pay 70.6% of federal income taxes. ($158,000 annual net income puts you there)
The People Who Actually Run Things are billionaires and so this is unlikely to happen.
If it did happen -- Democrats always assume that their targets won't change their behavior to avoid the taxes. If share buybacks are heavily taxed, then share buybacks just won't happen.
The people who will actually pay for this are the people who will be harmed the most by inflation. (As always, it is the people who the Democrats claim that they are trying to help that they will hurt.)
These are the Assistant Democrats that enabled the latest assault on the USA
Dan Sullivan (R-AK) Shelley Moore Capito (R-WV) Mike Crapo (R-ID) Roy Blunt (R-MO) Richard Burr (R-NC) Deb Fischer (R-NE) Lindsey Graham (R-SC) Rob Portman (R-OH) Thom Tillis (R-NC) Lisa Murkowski (R-AK) Jim Risch (R-ID) Chuck Grassley (R-IA) Bill Cassidy (R-LA) Kevin Cramer (R-ND) Roger Wicker (R-MS) Mitch McConnell (R-KY) John Hoeven (R-ND) Susan Collins (R-ME) Mitt Romney (R-UT)
They knew when they were voting for the $1.2 trillion they were enabling the bigger, worse one.
It’s a support the government bill for taxpayers
My personal gauge of consumer price index is a gallon of milk and it always seems be an accurate reflection. Sounds corny i know. Today its up 110% since the beginning of the year. Its been $1.19/gal for at least three years up to the beginning of this year. Today its $2.49/gal. Groceries are up across the board and the poor employees tell me about having to deal with irate shoppers all the time.
Typical.
It’s not an “infrastructure bill”. It’s a $3.5 billion Transfer of Wealth from taxpayers to Democrats.
How much money has the democrats pumped into those states?.
Great idea. With Runaway inflation, what a better time then to tax the hell out of people?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.