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Biden’s New Middle Class Tax

by Market FinancePosted onApril 6, 2022April 6, 2022

Biden isn’t looking out for us.

Republican Rep. Steve Scalise slammed President Biden for continuing to torture middle class America with his terrible handling of the U.S. economy.

President Biden’s policies have played a massive role in surging inflation and many politicians know that Biden must reverse several decisions in order to save the middle class from further financial struggles.

Biden promised not to increase taxes on the middle class but isn’t inflation already taking more of our money similar to taxes?

In an interview with Fox Business, Scalise explained that Biden’s “failed policies” are causing massive tax increases are crippling lower and middle-income families.

In transcript provided by Breitbart, Scalise explained, “You know who pays the most from Joe Biden’s inflation? It is lower and middle-income families. They are getting crushed by these higher prices. You go to the grocery store, and everything is 20-30% higher. Fertilizer is 300% higher or more when you talk to farmers. That’s ultimately going to lead to even higher prices. And then Joe Biden, by the way, proposed $45 billion in new taxes on oil and gas. So, if you are angry about the price you are paying already, which is too high at the pump, Joe Biden wants you to pay more.”

Scalise then hit Biden over his recent promise where he claiming that if Americans earned less than $400,000 per year then they wouldn’t have raised taxes. Scalise explained that Americans are already paying $3-4 more per gallon of gasoline which is still money that is being lost be people similar to taxes.

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Published by Market Finance

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