Posted on 12/29/2022 1:20:11 PM PST by Hojczyk
$6.5 Billion Natural Gas Tax Which Will Increase Household Energy Bills
Think your household energy bills are high now? Just wait until the three major energy taxes in the Inflation Reduction Act hit your wallet. The first is a regressive tax on American oil and gas development. The tax will drive up the cost of household energy bills. The Congressional Budget Office estimates the natural gas tax will increase taxes by $6.5 billion.
$12 Billion Crude Oil Tax Which Will Increase Household Costs
Democrats are imposing a 16.4 cents-per-barrel tax on crude oil and imported petroleum products that will be passed on to consumers in the form of higher gas prices.
$1.2 Billion Coal Tax Which Will Increase Household Energy Bills
The tax hike more than doubles the current excise taxes on coal production. Under the Democrat proposal, the tax rate on coal from subsurface mining would increase from $0.50 per ton to $1.10 per ton while the tax rate on coal from surface mining would increase from $0.25 per ton to $0.55 per ton
$74 Billion Stock Tax Which Will Hit Your Nest Egg — 401(k)s, IRAs and Pension Plans
When Americans choose to sell shares of stock back to a company, Democrats will impose a new federal excise tax which will reduce the value of household nest eggs. Raising taxes and restricting stock buybacks harms the retirement savings of any individual with a 401(k), IRA or pension plan.
$225 Billion Corporate Income Tax Hike Which Will Be Passed on to Households
Democrats imposed a 15 percent corporate alternative minimum tax on the financial statement income of American businesses reporting $1 billion in profits for the past three years. These American companies employ millions of Americans.
The cost of this tax increase will be borne by working families in the form of higher prices, fewer jobs, and lower wages.
Welp, no one is marching on DC, so the people must be fine with this enough to not give a damn.
Hate all democrat voters, folks. They are to blame.
Great Depression II is here, folks...................
Every person that voted for biden and is pissed off about higher costs to heat their home is getting exactly what they deserve.
Happy New Year…..it will be worse than last year….
Venezuela by 2024…
The GOP will go along with Joe as usual…
Will NASDAQ go down another 32% ???????
Wait, wait, wait. are you telling Potemkin Joe lied to the American people - No wayy.
In other words, he is a GD liar.
https://www.cnbc.com/2021/04/28/biden-promises-no-new-taxes-on-anyone-making-less-than-400000.html
The Deep State and their parasitic minions have enough storm troopers to keep the rest of us in line. I and millions of others will start drawing social security in 2023 and stop feeding this beast so much of what I earn.
We’ll just keep voting and pretend it matters.
There goes the damned gas prices this year. They had been coming down. Now they will jump again. And the damned idiot is begging the Saudis to pump more oil. FOR WHAT?? More taxes to pay their socialists deals with.
its us poor saps out here......
but mentally I am prepared for free cheese....
We‘ve been saying that for two years. Never seems to materialize.
Yes indeed!
"Giving a damn" for individual freedom & liberty has been bred out of the american serfs...
Primarily by servile birth parents gifting their offspring to the government indoctrination asylums since the 1970s...
The communist/marxist strategy, developed and postulated by the Fabians in the late 1800s, was to gain control of the Nation's education systems as the only possible way to conquer the United States, which has worked perfectly...
They were able to accomplish this victory only with the help of the parents who sold their children into communist slavery...
There is ONLY one way out of this tyranny...
Or, as Reagan prophesied, suck it up for the next 998 years...
Hate all democrat voters, folks. They are to blame.
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I despise every one of them and make that clear to everyone I know. And I have signs posted at the entrance to my property advising that NO democrats are welcome and should not enter.
MAFA (Make America FUBAR Again).
Yep, I guess we haven't had enough Socialism shoved up our asses yet to care. Pathetic really.
hate all Uni-Party vote counters... folks, the Uni-Party is to blame... and they don’t NEED any voters to get in power and stay there.
we are not on a slippery slope. We have been shoved off the 100 story building at gunpoint.
Mitch McConnell is the current rat posing as a repubican... he is the HEAD of the Uni-Party.
Thoreau concludes that it matters just a little, unless you win. That civil disobedience on a large scale, disrupting the ordinary government functions, is the only action that really counts.
The GOP will go along with Joe as usual…
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IMHO never send financial support to any GOP fundraising organization. Do give financially to the few elected Republicans who have a track record of unequivocally supporting conservative positions.
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