Ahead of Secretary Yellen’s testimony before the Ways and Means Committee, Republican Leader Rep. Kevin Brady (R-TX) joined Fox Business today to discuss President Biden’s “American Jobs Plan” – which includes crippling tax increases that will land on working families and Main Street business, and sabotage our economic recovery.
In a conversation with Stuart Varney on Varney & Co., Rep. Brady said:
“The President insists on crippling tax increases in the infrastructure package which the public opposes – the majority of Americans oppose – and you’re going to see even further soaring of hiring and more stagnant paychecks. The President is sabotaging the economic recovery with crippling tax increases and anti-business policies.”
CLICK HERE to watch the full interview.
KEY TAKEAWAYS:
Working Families and Main Street Businesses Will Shoulder Biden’s Crippling Tax Increases.
- Republican tax reform led to the lowest unemployment rate in 50 years.
- President Biden is on track to break the Obama-Biden record for the worst economic recovery in history.
READ: The Last Thing American Families and Small Businesses Need is Democrats’ Crippling Tax Increase
It’s time for Democrats’ emergency spending and endless government checks to end.
- While prices for consumers spiked 5 percent – the fastest spike since the summer of 2008 – Americans are seeing wages slashed.
- The majority of job creators can’t compete with government checks to fill job openings.
READ: The ’70s Called, And It Wants Its Economy Back
Biden’s Global Tax Surrender Puts Foreign Companies and Workers Ahead of American Companies and Workers.
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The Biden Administration knows that $6 trillion in tax hikes will send jobs fleeing overseas.
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Biden’s tax hikes make it better to be a foreign company or foreign worker than an American company or an American worker. Instead of sending jobs elsewhere, Biden should be protecting American workers and jobs.
READ: Explainer: President Biden’s Global Tax Hike Is Not a Victory for America, but a Surrender