Biden Broke Campaign Promise To Not Tax Anyone Making Less Than 400k

Rep. French Hill (R-Ark.), was discussing the Democrats’ massive spending plan and argued that President Biden had already broken his campaign promise not to raise taxes on those earning less than $400,000.

REP. FRENCH HILL SAID: If Joe Biden and Bernie Sanders are successful in getting the $3.5 trillion-plus infrastructure bill through Congress, Americans are going to see higher taxes.

Small businesses, families up and down the income line, you’re going to see enhanced cost everywhere. And some of the offsets they’re talking about in the $3.5 trillion resolution, they say they’re going to raise a minimum of 1.5 or so trillion dollars in taxes, but that’s a minimum.

And you have Democrats in Congress now calling for it to be fully paid for or they’re not going to vote for it. So you expect to see the top rate raise, you expect to see a top rate raised on capital gains, the estate tax rate will go up, the estate tax exclusions will go down. There may be a tax on IRAs of Americans over a certain amount. You’re going to see the corporate tax rate go up. You’re going to see deductions for expensing of investments by small businesses eliminated.

And Joe Biden campaigned on this. He said he wanted to repeal the Trump tax reforms. And you’re going to see that effort. So Joe Biden has already broken his promise about not raising taxes on those making under $400,000.

WATCH THE FULL INTERVIEW HERE BELOW:

RELATED ARTICLES

US Navy Chaos – Over a Nine Victims!

Nine sailors have been hurt as a result of a fire that started on the USS Abraham Lincoln aircraft carrier.

Buddhist Temple Left Empty After Every Monk Is Sent To Rehab!

After testing positive for meth, four Buddhist monks in Thailand were sent to rehab. An official informed Agence France-Presse...

New Leftist Firearm Policy BACKFIRES!

Ballot Measure 114 in Oregon will transform the state of Oregon into one of the strictest in the country when it comes...

Journalist FIRED Over Misinformation!

On November 15, The Associated Press (AP) released an article that ignited a worldwide panic. According to senior US intelligence sources, who...

Massive Sinkhole Threatens Police Department!

The headquarters of a West Virginia police department hang over a massive sinkhole, which presents a rather peculiar situation. The police station...

China Poses Increasing Threat – US General Issues Warning

The supremacy of the American military in space is at jeopardy due to China's military capabilities developing quickly, according to the commander...

YOU MAY ALSO LIKE…

LATEST POSTS ON THE LIBERATED PATRIOT

Most Popular

US Navy Chaos – Over a Nine Victims!

Nine sailors have been hurt as a result of a fire that started on the USS Abraham Lincoln aircraft carrier.

Buddhist Temple Left Empty After Every Monk Is Sent To Rehab!

After testing positive for meth, four Buddhist monks in Thailand were sent to rehab. An official informed Agence France-Presse...

New Leftist Firearm Policy BACKFIRES!

Ballot Measure 114 in Oregon will transform the state of Oregon into one of the strictest in the country when it comes...

Journalist FIRED Over Misinformation!

On November 15, The Associated Press (AP) released an article that ignited a worldwide panic. According to senior US intelligence sources, who...

Massive Sinkhole Threatens Police Department!

The headquarters of a West Virginia police department hang over a massive sinkhole, which presents a rather peculiar situation. The police station...