Loss of jobs, loss of income, loss of freedom, higher taxes, more stringent regulations and mandates, loss of civil rights, loss of rights to due process, and more are the results of illegitimate democrat control of political power. Who votes for such losses? Those who are living large off the government teat who stand to lose very little by comparison when hit by the losses affecting everyone. Crooks, thieves, thugs, illegals, racists, terrorists, sex perverts, and more also vote democrat because they despise American traditions and Christian-based values and laws. Thieves and liars are also willing to commit voter fraud if that is what it takes to overcome majority support for non-democrats.
www.washingtontimes.com
An analysis by the Tax Foundation, a nonpartisan fiscal watchdog, estimates that President Biden’s $1.75 trillion expansion of the federal safety net could kill more than 103,000 jobs over the next decade and add $750 billion to the federal deficit.
The estimate is based on a thorough analysis of the White House’s spending “framework” and the corresponding 1,684-page bill text released by House Speaker Nancy Pelosi, California Democrat. Experts from the Tax Foundation say the proposal would fall far short of White House promises.
“We estimate that the House bill would reduce long-run economic output by nearly 0.4% and eliminate about 103,000 full-time equivalent jobs in the United States,” the experts wrote. “It would also reduce average after-tax incomes for the top 80 percent of taxpayers over the long run.”
Biden bill on social welfare, climate change estimated to kill 103K jobs, raise taxes on 80% of U.S.
A new analysis by the Tax Foundation, a nonpartisan fiscal watchdog, estimates that President Biden’s $1.75 trillion expansion of the federal safety net could kill more than 103,000 jobs over the next decade and add $750 billion to the federal deficit.
An analysis by the Tax Foundation, a nonpartisan fiscal watchdog, estimates that President Biden’s $1.75 trillion expansion of the federal safety net could kill more than 103,000 jobs over the next decade and add $750 billion to the federal deficit.
The estimate is based on a thorough analysis of the White House’s spending “framework” and the corresponding 1,684-page bill text released by House Speaker Nancy Pelosi, California Democrat. Experts from the Tax Foundation say the proposal would fall far short of White House promises.
“We estimate that the House bill would reduce long-run economic output by nearly 0.4% and eliminate about 103,000 full-time equivalent jobs in the United States,” the experts wrote. “It would also reduce average after-tax incomes for the top 80 percent of taxpayers over the long run.”
