BoogyMan
08-07-2022, 05:20 PM
Not sure I have been this angry in a LONG time. We are arguably in a recession and the filth in DC are raising taxes. This was written on August 1, but today the absolute bottom feeding scum did it. They raised taxes in recession.
https://thefederalist.com/2022/08/01/remember-how-democrats-said-not-to-raise-taxes-in-a-recession-thats-what-theyre-doing/
Amid the Biden administration’s recession, Congress is reportedly (https://thefederalist.com/2022/07/28/schumer-manchin-agree-to-climate-crazed-tax-hike-just-in-time-for-recession-2010-obama-would-like-a-word/) planning to increase taxes. Democrats’ “Build Back Better” legislation, which would raise taxes to fund “green energy” subsidies, appears to be getting a second chance.
This legislation, however, contradicts advice even Democrats have repeatedly given: Don’t raise taxes during a recession. Republican Rep. Jason Smith of Missouri put together a list (https://republicans-budget.house.gov/wp-content/uploads/2022/07/Dont-Raise-Taxes-During-Recession.pdf) of times prominent Democrats have given the very advice they are now ignoring.
“If we’re in a recession … I don’t think Sen. Obama or anyone else is going to raise any taxes,” Sen. Chuck Schumer, D-N.Y., said going into the 2008 presidential election. “You don’t want to take money out of the economy when the economy is shrinking.”
Later that year, Barack Obama won his first presidential election, and the next year, he expressed agreement with Schumer: “The last thing you want to do is to raise taxes in the middle of a recession,” the then-president said.
Yet this is precisely what Democrats in Congress are now advocating. West Virginia Sen. Joe Manchin has reportedly (https://www.politico.com/news/2022/07/27/manchin-schumer-senate-deal-energy-taxes-00048325)reached a deal with Schumer during the ongoing recession that would increase many Americans’ taxes.
Even Manchin himself said in 2010 that a recession was not the time for a tax hike. “I don’t think during a time of recession you mess with any of the taxes or increase any taxes,” Manchin said...
https://thefederalist.com/2022/08/01/remember-how-democrats-said-not-to-raise-taxes-in-a-recession-thats-what-theyre-doing/
Amid the Biden administration’s recession, Congress is reportedly (https://thefederalist.com/2022/07/28/schumer-manchin-agree-to-climate-crazed-tax-hike-just-in-time-for-recession-2010-obama-would-like-a-word/) planning to increase taxes. Democrats’ “Build Back Better” legislation, which would raise taxes to fund “green energy” subsidies, appears to be getting a second chance.
This legislation, however, contradicts advice even Democrats have repeatedly given: Don’t raise taxes during a recession. Republican Rep. Jason Smith of Missouri put together a list (https://republicans-budget.house.gov/wp-content/uploads/2022/07/Dont-Raise-Taxes-During-Recession.pdf) of times prominent Democrats have given the very advice they are now ignoring.
“If we’re in a recession … I don’t think Sen. Obama or anyone else is going to raise any taxes,” Sen. Chuck Schumer, D-N.Y., said going into the 2008 presidential election. “You don’t want to take money out of the economy when the economy is shrinking.”
Later that year, Barack Obama won his first presidential election, and the next year, he expressed agreement with Schumer: “The last thing you want to do is to raise taxes in the middle of a recession,” the then-president said.
Yet this is precisely what Democrats in Congress are now advocating. West Virginia Sen. Joe Manchin has reportedly (https://www.politico.com/news/2022/07/27/manchin-schumer-senate-deal-energy-taxes-00048325)reached a deal with Schumer during the ongoing recession that would increase many Americans’ taxes.
Even Manchin himself said in 2010 that a recession was not the time for a tax hike. “I don’t think during a time of recession you mess with any of the taxes or increase any taxes,” Manchin said...