Monday 2 January 2023

Democrats to Increase Taxes in 2023 During Highest Inflation in 40 Years and Worst Bond/Stock/Equity Losses Since 1871


2022 was truly a historic year for America.

** The US saw the highest gas prices in the country’s history.

** Record crime hit our streets. There were over one million stolen cars in 2022 alone. 

** Inflation was out of control at a 40-year high in 2022.

** Illegal immigration broke all records. Over 5 million illegal aliens have crossed over the open southern border into the United States in Joe Biden’s first two years in office.

** And the US stock market had its worst year since 2008.

And as Steve Bannon reported, “If you add Bond losses to Stock/Equity losses total over $10 Trillion… the worse losses since 1871… repeat 1871.”

Analysts are already warning about more pain to come in 2023.

So what did the Democrats do?

Nancy Pelosi, Joe Biden, Chuck Schumer, Democrats, and worthless RINOs voted for tax increases starting in 2023.

The new taxes will help pay for their so-called “Inflation Reduction Act.”

How is taxing working Americans going to help the economic crisis created by the Biden regime and Democrats?

The Daily Mail reported:

Democrats claimed the Inflation Reduction Act would help ordinary Americans, but new analysis suggests people making less than $400,000 a year could end up paying $20 billion of the new tax revenue it brings in.

President Joe Biden signed the act into law in August, injecting $473 billion of new spending on climate and healthcare, yet there are strong concerns it will do little to reduce inflation.

In fact, middle class Americans will pay new taxes – directly contradicting Biden’s promise to not raise penalties on people earning under $400,000.

Republicans continue to criticize the bill, claiming it will lead to taxes on ordinary Americans and do little to help reduce soaring costs.

Thank God for stolen elections – Or Democrats would actually face consequences for their planned destruction of the country.

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