Build Back Better includes several tax giveaways to reward loyal

Columbus OH

Description

Democrats' socialist tax and spend bill -- five things the liberal media won't tell you Build Back Better includes several tax giveaways to reward loyal Democratic special interest like liberal media, BIG labor, and green energy House Democrats have passed their socialist tax and spend "Build Back Better" plan, and now Senate Democrats are trying to rush the bill through with little deliberation before the end of the year...... What are they trying to hide? 1. $80 Billion in IRS Funding to Audit and Harass Taxpayers The bill contains an additional $80 billion in taxpayer dollars for the IRS, which will be used to hire 87,000 new agents. 2. Tax Increases on Working Families The bill includes $800 billion in tax hikes on American businesses, including a 15% domestic minimum tax on "book income" that would disallow important, pro-growth tax deductions. It also includes a 15% global minimum tax that will make America less competitive and will ship jobs overseas. These tax increases will not be paid by "large, profitable" corporations as the Left claims, but by working families. When your employer has less money, there is less to pay you 3. Highest Income Tax Rates in the Developed World American taxpayers will soon pay the highest income tax rate in the developed world 4. Price Controls and Taxes on American Medicines The legislation includes price controls and a 95% excise tax on American medical innovation that will threaten access to new cures and existing manufacturing jobs. 5. Tax Giveaways to Left-Wing Special Interests Democrats have included several tax giveaways to reward their loyal special interests like big labor, green energy and the liberal media. The bill creates a tax credit for electric vehicles. However, in order to receive the full $12,500 credit, companies must be unionized. Most unions spend much of this dues money supporting progressive politics. These tax dollars will be recycled back to support the Democrat congressmen voting for this bill. The bill even includes a "subsidy" of up to $12,500 for each reporter employed by "local newspapers" with up to 1,500 employees. East Germany used to tell newspapers what to print. Biden’s government program will pay them. This corruption of the media has already begun to work. Has your local newspaper criticized this spending bill? Have they even mentioned their personal conflict of interests? It may be too late to wake the sheep up, about the wolves they are voting for, it may be time to wake the lions and to go to war