Monday, September 27, 2021

Politics Commentary Democrats’ $3.5 Trillion Socialist Dream Is Tax-and-Spend Nightmare

Sanders' budget constitutes the biggest tax increase since 1968-before man walked on the moon.

A new global minimum tax on U.S. companies operating overseas: $534 billion.

A more-than-25% hike in the corporate tax, from 21% to 26.5%: $858 billion.

Tax credits for university "Environmental justice programs": $1 billion.

A $1,500 tax credit on electric bicycles that cost up to $8,000: $7.4 billion.

A $1,200 tax credit for "Green" doors, windows, and skylights: $15 billion.

"Free" college: $50 billion "The Democrat bill also shovels $3.5 billion of your money so D.C. bureaucrats can create something called the 'Civilian Climate Corps'-a make-work program for young climate activists," Americans for Tax Reform founder Grover Norquist said.
 

https://www.dailysignal.com/2021/09/26/democrats-3-5-trillion-socialist-dream-is-tax-and-spend-nightmare/ 

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