MORE TAXES COMING

CAL THOMAS COMMENTARY MARCH 16, 2021

         YOU KNEW TAX INCREASES HAD TO BE COMING AFTER THE RECORD AMOUNTS OF SPENDING THE BIDEN ADMINISTRATION IS DOING, PUTTING US CLOSE TO $30 TRILLION IN DEBT.

         TREASURY SECRETARY JANET YELLEN IS PROPOSING A CORPORATE TAX INCREASE. PRESIDENT TRUMP CUT IT SUBSTANTIALLY, CONTRIBUTING TO RECORD HIGH EMPLOYMENT AND RECORD LOW UNEMPLOYMENT.

         BLOOMBERG REPORTS A HIKE IN INDIVIDUAL TAXES IS ALSO BEING CONSIDERED. WE’RE HEARING THAT CLICHÉ AGAIN ABOUT THE RICH PAYING THEIR “FAIR SHARE.” CLASS WARFARE HAS ALWAYS BEEN HOW THE LEFT SELLS TAX INCREASES. HAVE YOU NOTICED GOVERNMENT NEVER SAYS, “WE DON’T NEED MORE”?

         THE GOVERNMENT DOESN’T NEED MORE MONEY; IT NEEDS MORE SELF CONTROL. GOVERNMENT ALREADY TAKES IN RECORD AMOUNTS OF REVENUE, BUT CONTINUES TO SPEND FAR MORE, ADDICTING INCREASING NUMBERS OF PEOPLE TO THE FEDS AND HARMING THE ECONOMY, ESPECIALLY WHEN IT COMES TO THE POOR AND MIDDLE CLASS.

         NEEDED IS A NONPARTISAN COMMISSION TO EXAMINE ALL OF GOVERNMENT AND ELIMINATE UNNECESSARY AND FAILED PROGRAMS. WE DON’T NEED TO GIVE DISFUNCTIONAL GOVERNMENT MORE OF OUR MONEY. I’M CAL THOMAS.

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Cal Thomas