Biden Promise Broken: Tax Hike on Mostly Middle, Lower Classes Would Fund $3.5T Spending Spree

During his campaign for the presidency, President Biden promised to not raise taxes on any Americans making less than $400,000 a year. If H0use Democrats are successful in passing their new tax proposal, that promise…

IJR SyndicatedSep 17, 20213 min read

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found that 72 percent of tobacco smokers come from low-income communities.

Other peer-reviewed studies have found small cigar and roll-your-own tobacco consumers also tend to be disproportionately low-income.

Among U.S. adults, even e-cigarettes, despite their relative novelty, were found to be used most often by those classified as either “poor” or “near poor,” according to the Centers for Disease Control and Prevention.

Given these studies, it is safe to say that the majority of the $96 billion in revenue Democrats hope to take in will come from lower-income communities, not from those making over $400,000 a year, as Biden promised.

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Even without the tobacco tax, however, many critics of the current administration have noted that Biden already subverted his promise by drastically raising the level of Inflation, which American economist Milton Friedman famously described as “taxation without representation.”

As noted by Andy Puzder of Real Clear Politics on Aug. 12, Biden and the Democrats’ willingness to “pour massive amounts of dollars into the economy” is drastically lowering the value of the American dollar.

As the government inflates the economy by printing off more money, the average American’s savings become less and less valuable.

In order to combat this, Republican Reps. Kevin Hern of Oklahoma and Lloyd Smucker of Pennsylvania introduced amendments to the Democrats’ spending plan on Tuesday that would essentially block any new tax increases until Inflation and unemployment returned to pre-pandemic levels.

“It’s not hard to understand that this is the wrong time for Democrats to shove one of the largest tax increases in American history on the American people that have not regained their strength from the brutal blow of COVID-19,” Hern said during the Tuesday hearing.

“Inflation is a tax on all Americans and it hurts working-class Americans the most.”

Democrats blocked the bills, meaning middle-class and lower-income Americans may soon be paying even more money to the federal government.

This article appeared originally on The Western Journal.