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June 25, 2021
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Despite President Biden’s campaign promise that nobody making less than $400,000 a year will pay a dime more in taxes under his plan, an analysis by the nonpartisan Tax Policy Center estimates that it would result in higher taxes for nearly 60% of Americans.

https://www.westernjournal.com/analysis-60-americans-will-forced-pay-taxes-bidens-plan/

That’s because, as I keep trying to tell people, higher taxes on corporations are treated as an expense of doing business, just like supplies and labor. And those costs are passed on to consumers in the form of higher prices. Corporations don’t pay taxes, they collect them…from you.

Simple example: if the government taxes the company that makes Snickers bars, your Snickers bar will cost you more. Democrats will claim they’re making the corporation pay, but they won’t eat the tax. You will.

And speaking of everyday Americans having to eat the cost of Biden’s policies: Prof. Glenn Reynolds of Instapundit reports that a restaurant owner friend told him food costs have skyrocketed just this week, with the price of cooking oil more than doubling. Add this to the extra costs of trying to compete with enhanced unemployment to get workers plus the higher shipping costs due to rising gas prices, and we’ll all be forced to eat the high cost of bad Democrat policies.

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Comments 1-1 of 1

  • Carolyn Korkmas

    06/27/2021 09:13 PM

    I appreciate your making this forum available to anyone who is interested. Thank you. I'm going to send your daughter some money for her campaign.
    My husband and I would love to see her become Arkansas's next governor.