Joe Biden loves to spend other people’s money, and he is constantly looking for ways to grab more of the money that he craves so much. But the problem is that now he is in the process of violating his campaign promises of not taxing the middle class. His Build Back Better plan is a trojan horse full of taxes that will impact every American who has a job. And as of right now, nothing seems to be stopping his royal pain from taking what he wants from people.
Biden planned to tax the people that earn more than $400,000 a year into the stone age. He believes that rich people need to pay a lot more than those living in federally mandated poverty.
The president had first stated that the amount would apply to individuals. But now, the old man has changed his tune and made it apply to households. Any household earning more than $400,000 will see a lot of their money disappear very soon.
Biden is a man that loves to lie. He cannot seem to honor his campaign promises, and he would rather forget he ever made statements to people to get them to vote for him. But he is content to ignore those voters, knowing that he will be lucky to survive completing a full term with dementia.
There is not a soul in America that can trust the old man and what he says. He abandons people behind enemy lines and seeks to take money that does not belong to him. His blind supporters will wake up some day and realize they are making a lot less money than they used to.
RedState has reported that “The non-partisan Tax Policy Center has now taken a look at the draft provision of the bill. They’re raising a red flag on it and saying that roughly 20 to 30 percent of middle-income households would pay additional taxes in 2022. That some low and middle-income households would be paying an additional $100 or less on average and households earning between $200,000 and $500,000 would pay an average of approximately $230 more per year if the plan is implemented.”
Biden is breaking his promises towards the middle class, and he does not seem to care. He wants the money to fund his socialist bills, and he is going to do whatever he can to get the job done.
RedState also found and reported that “It would reduce their 2021 taxes by an average of only $20. Even those making between $175,000 and $250,000 would get a tax cut of just over $400 or about 0.2 percent of after-tax income. By contrast, the higher SALT cap would boost after-tax incomes by 1.2 percent for those making between about $370,000 and $870,000 (the 95th to 99th percentile).”
Biden loves to flood people with figures that make zero sense. He does that to hide his genuine desire: to drain Americans of their money and give it away to the illegals. He would love to ship every law-abiding citizen out of the country and replace them all with illegals.
Biden’s tax everyone plan is going to find that the tax rate will rise significantly very quickly. RedState also reported that the average top tax rate would then skyrocket to 57.4 percent, from the current 42.9 percent and making us the highest in the developed world.”
The only hope to stop Biden dead in his tracks is for the midterm elections to fall into the Republican’s hands. The red wave will effectively make Joe Biden a lame-duck president. The queen will not be able to pass any bills without the support of the House. And there are enough angry members to keep from ever voting for any of his bills again.
The reign of the socialist president is coming to an end, and Republicans are ready to take over the House and many more critical areas at every level of government.