Ready for higher taxes? With Joe Biden at the helm and Democrats in control of Congress, higher taxes may be a certainty. Former President Donald Trump blasted Biden’s tax plan yesterday.
“Former President Trump released a statement Wednesday regarding President Joe Biden’s $2.25 trillion infrastructure proposal,” according to Breitbart.
“Trump criticized Biden’s ‘radical plan to implement the largest tax hike in American history’ as a ‘massive giveaway to China’ that will displace thousands of ‘factories, millions of jobs, and trillions of dollars to these competitive Nations.’ [emphasis added]
“‘Biden promised to ‘build back better’—but the country he is building up, in particular, is China,’ Trump stated before adding, ‘America is once again losing the economic war with China—and Biden’s ludicrous multi-trillion dollar tax hike is a strategy for total economic surrender.’
“Trump detailed how raising taxes on American businesses would hurt the American worker.
“‘Under Biden’s plan, if you create jobs in America, and hire American workers, you will pay MORE in taxes—but if you close down your factories in Ohio and Michigan, fire U.S. workers, and move all your production to Beijing and Shanghai, you will pay LESS,’ Trump explained. ‘It is the exact OPPOSITE of putting America First—it is putting America LAST!’
For more on this report, please go to Breitbart.
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