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| Subject: Parasitic Pelosi defends Biden's thieving tax increases Wed Apr 28, 2021 6:23 pm | |
| “What he is talking about is exactly just to reverse some of what the Republicans did in their tax scam," Pelosi said Wednesday.
House Speaker Nancy Pelosi defended President Joe Biden’s proposed tax increases amid GOP criticism Wednesday, slamming Republicans for their 2017 tax cuts.
“We're on a better path for the people. What he is talking about is exactly just to reverse some of what the Republicans did in their tax scam where they added almost $2 trillion to the national debt, if you include the cost and the interest on the debt, to give tax breaks to the top, top, wealthiest people in the country,” Pelosi said Wednesday afternoon in an interview on MSNBC.
Biden has proposed paying for a broad $1.8 trillion plan to boost child care and families via tax increases on wealthy Americans, drawing attacks from Republicans. Biden has also proposed paying for his broadly defined infrastructure package by hiking the corporate tax rate. Biden has pledged to not increase taxes for individuals making less than $400,000 annually.
Republicans’ 2017 tax cuts that Pelosi referenced had a $1.5 trillion price tag over 10 years. Pelosi defended Biden’s proposed tax hikes, saying they don’t come from “any resentment against anybody for their success” and that Biden is “rewarding work" and meeting people's needs.
.https://www.politico.com/news/2021/04/28/pelosi-defends-bidens-proposed-tax-increases-484905
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