Jen Psaki Shows Her Complete Ignorance of How Businesses and Taxes Work (VIDEO)
The big $3.5 trillion bill is the main topic of discussion lately, especially since the deadline is closing in ever so closely.
Democrats claim that it’s not going to cost a penny because it’s all magically paid for somehow, but they don’t say how.
In reality, we know how it’s going to be paid for…by us.
They’re going to tax businesses and corporations more which in turn will get passed down to us. We know that, but apparently White House Press Secretary Jen Psaki doesn’t understand that.
WH Reporter: “I want to ask you about what Republicans are pointing to in the analysis from the Joint Committee on Taxation. They say, according to — if I’ve read the chart correctly, more than 16 percent of taxpayers would see their taxes increase under the bill that’s approved by the House Ways and Means Committee. Will the President sign that bill if — as if — it is coming out of that committee? Or will he insist on the changes so that he will maintain his commitment that taxes won’t go up on people making $400,000 a year?”
Jen Psaki: I have not looked at the document or the report that you have put out. Obviously, the President — or that you have referenced, I should say — that the Republicans put out.
Obviously, the President’s commitment remains not raising taxes for anyone making less than $400,000 a year. There are some — and I’m not sure if this is the case in this report — who argue that, in the past, companies have passed on these costs to consumers. I’m not sure if that’s the argument being made in this report. We feel that that’s unfair and absurd, and the American people would not stand for that.
Jen Psaki: It’s “unfair and absurd” that companies would increase costs for consumers in response to us taxing them more. 😳 pic.twitter.com/rHilrYdj4j
— Jason Rantz on KTTH Radio (@jasonrantz) September 28, 2021
Folks, it’s all a magic trick. It’s a strategy of distraction.
While the Biden regime claims that people who make less than $400,000 won’t have any increase in taxes, it’s ignoring what’s really going to happen. They have you looking at taxes, but while you’re paying attention to that, the cost of goods and services is going up. You and I are paying for it.
Those taxes get passed down to us and if you’re a business owner yourself then you know exactly what I mean. If I’m paying more in taxes, then I’ve got to be able to make sure I can pay those taxes. How do I do that? I charge more money to offset the cost. So while the Biden regime may claim that we’re not getting taxed more for it, we really are through them taxes businesses more.
Honestly though, what the heck do they expect companies to do in order to bear this tax burden if not pass it down to consumers? Democrats are DUMB!