CAL THOMAS COMMENTARY AUGUST 9, 2022
THE SENATE HAS PASSED ANOTHER MASSIVE SPENDING AND TAX BILL TOTALING MORE THAN $400 BILLION OF MONEY THAT WILL EITHER HAVE TO BE PRINTED, OR BORROWED, OR BOTH. IT WILL ADD TO OUR MORE THAN $30 TRILLION DEBT. AND NO MATTER WHAT THE POLITICIANS SAY, IT WILL RAISE TAXES ON CORPORATIONS THAT HIRE PEOPLE. THEY WILL PASS ALONG THE BURDEN IN FEWER HIRES, LAYOFFS AND PRICE INCREASES. IT WILL RAISE TAXES ON SMALL BUSINESSES. IT WILL RESULT IN MORE ANNOYING AUDITS BY THE IRS. AND IT WILL RAISE TAXES ON THOSE MAKING UNDER $400 THOUSAND, VIOLATING PRESIDENT BIDEN’S REPEATED PROMISE NOT TO DO SO.
TAXING AND SPENDING IS ALL DEMOCRATS KNOW HOW TO DO, ALONG WITH PROMOTING CLASS ENVY AND THE NOTION WE ARE ENTITLED TO THINGS. IT’S BEEN THIS WAY SINCE THE FRANKLIN ROOSEVELT ADMINISTRATION.
WHEN WILL IT STOP? ONLY WHEN WE VOTE THE TAX AND SPENDERS OUT AND TAKE MORE RESPONSIBILITY FOR OURSELVES, NOT RELYING ON GOVERNMENT THAT FIXES LITTLE AND SOLVES NOTHING. I’M CAL THOMAS.
