posted August 16, 2022 11:29 PM            

quote:

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Originally posted by teasel:
Another win for Biden.

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There is no inflation reduction in this piece of crap legislation.

In fact, demorats were so sure there was no inflation reduction included in this bill, they didn't even wait for the Congressional Budget Office to score this POS and tell America, it's a scam....the usual from demorats.

posted August 18, 2022 04:34 PM            

Joe Biden is still out assuring the skeptical public that his $739 billion spending bill on IRS tax auditors and green new deal boondoggles won't cost middle-class taxpayers a thing.

Yesterday, he signed off on his badly misnamed "Inflation Reduction Act," and made sure he added these statements:

Biden signs $739 billion tax and spending bill in to law pic.twitter.com/UfNy5c7dDO
— Media Research Center (@theMRC) August 16, 2022

Pres Biden signing "Inflation Reduction Act" says: "No one - let me emphasize it - no one earning less than 400K will pay a penny more in taxes".
— Shannon Bream (@ShannonBream) August 16, 2022

The Inflation Reduction Act is fully paid for by ensuring corporations and the wealthy pay their fair share.

Through President Biden’s leadership, no one making less than $400,000 a year will pay a penny more in taxes.
— The White House (@WhiteHouse) August 13, 2022

After all, he gave his "word as a Biden," on that, insisting he's "never broken his word."

But sure enough, there were not just 87,000 IRS auditors in that bill to target small businesses and collect more, there also were bona fide tax hikes in the monstrosity he just signed off on.

Here's the latest from the nonpartisan Congressional Budget Office, as reported by the New York Post:

The Inflation Reduction Act sent to President Biden’s desk will end up forcing working-class Americans to pay billions of dollars in new taxes, according to the nonpartisan Congressional Budget Office.

An analysis by the CBO estimates those earning less than $400,000 — the group on which Biden promised not to raise taxes — will pay an estimated $20 billion more in taxes over the next decade as a result of the Democrat-pushed $740 billion package, which also sets aside $80 billion to hire 87,000 IRS agents.

CBO wasn't the only one pointing to the tax hikes on the little guy -- and it's a very little guy indeed who's going to pay through the nose on those taxes, people making as little as $30,000 a year.

Congress’ nonpartisan Joint Committee on Taxation says it will raise taxes on every income bracket above $30,000 per year. President Biden has repeatedly pledged he would not raise taxes on any family making less than $400,000, but the committee found that the middle class and low earners will face the steepest tax hikes under the proposal.

posted August 19, 2022 12:17 PM            

Interesting as 9/11 approaches.... The game of deceit continues as sheeps don't care or do as they are told. But can't blame them either. This earth is a mess.

posted August 19, 2022 04:27 PM            

Some great source revealed to me truth of 911. The earth wasn't ready then-- I think most are ready today. Lets see how it pans out.