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Showing posts with the label us subsidies grants

U.S. Entitlements – How do you pay for them?

The Biden plan is to tax the richest 1% much higher and abolish the tax cuts President Trump enacted - for those that missed it, the removal of tax cuts is a tax increase on everyone else.   When Joe says, "let me be clear taxes are only going up on the individuals making more than $400,000 a year" that's a blatant lie.  Add the Green New Deal and the proposed $2 trillion dollars to fund it.  This is a hidden tax in the form of subsidies and mandates that every taxpayer will have to pay.     Furthermore, the increased energy costs will further erode the incomes of American's. The majority of American’s want their politicians to eliminate deficit spending and reduce the national debt.   However, when it is time to vote, the population cast their votes to remain the same course.   As the record shows, that means increased deficit spending and enormous additions to the national debt while entitlement programs skyrocket in cost. As we approach the $28 trillion mar