Democrats rely on misleading messaging to sell Manchin-Schumer bill
Studies suggest that the Democrats' "Inflation Reduction Act" will have very little impact on reducing inflation while bringing tax hikes to middle-income earners.
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"The more this bill is analyzed by impartial experts, the more we can see Democrats are trying to sell the American people a bill of goods," Crapo continued. "Non-partisan analysts are confirming this bill raises taxes on the middle class and produces no meaningful deficit reduction when gimmicks are removed and the full cost is accounted for. It’s no wonder this bill, which was drafted behind closed doors, is being rushed through the Senate at record pace."
Sen. Bill Cassidy, R-La., who also sits on the Senate Finance Committee, slammed the bill in a statement to Fox News Digital.
"The only way the Inflation Reduction Act will decrease inflation is by raising taxes on middle-income and lower-income families so that they don’t have money to spend," he said. "In health care, we call that killing the patient to heal the disease. It is not how to treat American taxpayers."
The Democrats have figured a way to tax the poor and middle class without raising their rates. All they do is tax “tHe weAltHy” corporations and they pass it on to poor and middle class consumers.
The only way it reduces inflation is that it takes money away from the poor and middle class. Brilliant.
Never trust a “tax and spend” Democrat. They are all “tax and spend” Democrats.