And so it begins....President Joe Biden announced major tax hikes on Wednesday as he reintroduced the $2.25 trillion American Jobs Plan proposal.
“America is… turning peril into possibility. Crisis into opportunity. Setback into strength,” Biden said about the plan which will raise $2.5 trillion in revenue over the course of 15 years.
The ensuing tax consequences from the proposal are as follows:
- Raise the corporate tax rate from 21 percent to 28 percent
- Raise taxes on those making more than $400,000 a year
- Repeal tax cuts for income earned by American companies exporting goods and services abroad
- Expand the global minimum tax to 21 percent
- Repeal the tax code to limit corporate transactions in which a U.S. company moves its headquarters abroad by becoming a subsidiary of a foreign acquirer
- Shift the tax burden in energy sector from fossil fuels to clean energy in the form of subsidies
Senate Minority Leader Mitch McConnell described the proposal as an "Orwellian campaign" to relabel progressive policies as
As usual, everything Biden proposes will benefit Democrats but not the American people. Someone make this nightmare end!
[Yes or No] Did You Vote For Trump?
BLM Blast Pelosi for George Floyd Comments: ‘So Damn Disrespectful’
Following the guilty verdict for former officer Derek Chauvin in the death of George Floyd, House Speaker Nancy Pelosi thanked Floyd for "sacrificing" his life for justice. Now Black Lives Matter activists are blasting her, calling her comments “so damn disrespectful.”
“This is so damn disrespectful. George Floyd didn’t choose to die @speakerpelosi. He was murdered by a killer cop operating through white supremacy,” wrote the official Black Lives Matter Twitter account, “There isn’t justice here”:
George W. Bush Reveals Who He Voted For in 2020 Election
There are many people who probably assumed that noted Never Trumper and establishment politician George W. Bush voted for Joe Biden in the 2020 eleciton. During an interview with People magazine, the former president revealed who he voted for: Condoleezza Rice.
"She knows it," Bush told the magazine, referring to Rice, . "But she told me she would refuse to accept the office."
Cincinnati Bar Won't Play NBA Games Until LeBron James is 'Expelled'
A West Side Cincinnati bar has announced that they will no longer show NBA games on their televisions due to the comments that LeBron James made about the fatal police shooting in Columbus.
Owner Jay Linneman said that they will resume showing games at Linne's Pub when James get "expelled" from the league.
MSNBC’s Reid: Gov. DeSantis Is ‘Modern-Day George Wallace’
Everything, and I mean everything, is about race when it comes to Democrats!
On Thursday, MSNBC host Joy Reid declared that Florida Governor Ron DeSantis is a "modern-day" version of segregationist Governor George Wallace. Her grossly false description is in response to the state's new anti-rioting law.
Biden Halts Fining Illegal Aliens, Cancels Their Debt
The United States is probably the only country in the world where you can break the law and be rewarded for it....at least when Democrats are in charge anyway.
According to reports, President Joe Biden’s Department of Homeland Security (DHS) will no longer fine illegal immigrants who refuse to leave the United States.
Maskholes: Pregnant, Nursing Mom Escorted from Church by Police for Not Wearing Mask
A pregnant Texas mother was escorted from the Holy Trinity Catholic Church in Dallas and slapped with a trespassing warning, all for not wearing a mask like an obedient little sheep.
“I mean, you’re going to arrest a 28-year-old nursing mom who’s already socially distanced? I mean it proves that it’s not really about the health. It’s just about control,” said Deirdre Hairston.
Fauci: Wearing Mask is a 'Symbol' of Your Obedience
On Wednesday, National Institute of Allergy and Infectious Diseases director Anthony Fauci said on CNN's "Newsroom" that he wearing a mask is a "symbol" of what we "should be doing" in public. In other words, wearing a mask shows just how obedient you are.
Fauci said, “I think we should be recommending it. As you know, I wear it whenever I’m outside. We can try and keep the usual distance, but sometimes it is out of your control. So there are some fundamental things that we can do, we’re very aware of and sensitive to the need to try and make those steps towards reopening."
Florida House Moves to Ban Abortions Based on Disability
Florida's House is moving to ban abortions based on disability. This means that doctors in the sunshine state will be banned from performing abortions if the woman getting the procedure is doing so because of a disability diagnosis of the baby.
If a doctor does perform an abortion based solely on physical or mental disability, then they will be guilty go a third degree felony, which is punishable up to five years in prison.