CAL THOMAS COMMENTARY MARCH 30, 2022
IT’S AN OLD POLITICAL TRICK. WHEN YOU’RE IN TROUBLE, CHANGE THE SUBJECT. AND PRESIDENT BIDEN IS IN TROUBLE. HIS POLL NUMBERS ARE THE LOWEST OF HIS PRESIDENCY.
HIS CHANGING OF THE SUBJECT IS ANOTHER TRY AT HIS FAILED “BUILD BACK BETTER” MASSIVE SPENDING PLAN.
AS USUAL, THE WALL STREET JIURNAL EDITORIAL BOARD HAS IT RIGHT: “THE FISCAL 2023 BUDGET HE UNVEILED MONDAY RE-PROPOSES MOST OF THE BAD IDEAS THAT HAVEN’T PASSED CONGRESS AND ADDS A NEW ONE – A TAX ON WEALTH THAT HE REFUSED TO ENDORSE AS A CANDIDATE IN 2020. ON THE ECONOMY, HE’S PIVOTING FURTHER TO THE LEFT – PRESUMABLY TO FIRE-UP SULLEN PROGRESSIVES IN NOVEMBER.
“THE WHITE HOUSE IS PROPOSING A NEW ‘BILLIONAIRES MINIMUM INCOME TAX,’ WHICH THE FEDERAL TRADE COMMISSION WOULD CALL FALSE ADVERTISING IF A PRIVATE COMPANY TRIED THAT DESCRIPTION. THE TAX IS LIMITED TO BILLIONAIRES AND APPLIES TO MORE THAN INCOME.”
BIDEN HAULED OUT THE FAMILIAR DEMOCRAT LINE ABOUT THE RICH PAYING THEIR “FAIR SHARE.” WHAT ABOUT GOVERNMENT MISSPENDING? BILLIONS WERE MISSPENT ON COVID-19 RELIEF. WHY SHOULD GOVERNMENT GET MORE OF OUR MONEY WITHOUT BEING HELD ACCOUNTABLE FOR MISSPENT DOLLARS? THE TREASURY ALREADY TAKES IN RECORD AMOUNTS OF MONEY. INFLATION AND HIGH GAS PRICES ARE EATING AWAY AT OUR INCOMES. NO MORE TAXES AND CUT SPENDING. I’M CAL THOMAS.
