Former Obama chief-of-staff turned Mayor of Chicago Rahm Emanuel once famously said, “You never want a serious crisis to go to waste.”
Since then, Democrats have taken the sentiment to heart, always looking to use a crisis to advance their political agenda.
Which is exactly what they did recently when they snuck $60 billion in tax increases into their so-called “COVID relief” bill.
Much has been made about the lack of actual COVID relief funds included in the Democrats’ $1.9 trillion COVID relief bill that Joe Biden signed into law last week.
However, with all the focus on the billions of dollars going to things like fine arts, the “preservation of Native American languages,” “family planning” (ie. abortion), more airline bailouts, and numerous other ridiculous spending initiatives that do not provide actual aide to the American people, Democrats were able to sneak billions of dollars worth of tax increases into the bill.
According to a report from Politico, hidden deep inside the Democrats bill were a trio of tax hikes worth about $60 billion.
These tax increases take away deductions for publicly traded companies who pay top employees more than $1 million, crack down on how multinational corporations do their taxes, and targets how owners of unincorporated businesses account for their losses.
As Politico pointed out, the Democrats were very crafty in their efforts to advance their tax increasing agenda, choosing these increases because they knew they wouldn’t draw headlines so they could avoid proper scrutiny.
“Unlike things like raising the corporate tax rate or upping the top marginal tax rate on the rich, the ones they chose won’t produce many headlines,” the outlet noted.
On top of that, Democrats chose to wait until the last minute possible to sneak these tax increases into the bill in an effort to cripple any opposition from forming.
“Everybody was caught by surprise,” a former Democrat staffer said. “They picked obscure items – things that were not on the radar.”
Reports previously indicated that Democrats had run into issues “complying with the stringent budget rules surrounding so-called reconciliation measures like the coronavirus legislation.”
So rather than ditching any of the billions of dollars of frivolous spending they packed into their bill, Democrats did what they always do when they increase spending – they just increased taxes.
The Democrats have made clear that one of their top priorities is to erase the historic tax cuts President Donald Trump utilized to fuel a strong economy throughout his Presidency.
But reports early in Biden’s first term indicated that Democrats wanted to hold off a while before turning to that part of their agenda.
The main reason for holding off on tax increases would be to avoid angering the American people by increasing their taxes in the midst of a pandemic-induced recession.
Obviously, Democrats couldn’t help themselves from including tax increases in the COVID relief bill, though.
Especially when they can do so behind the backs of the American people with help from their Fake News Media allies by choosing tax increases they knew wouldn’t draw headlines.
Unfortunately, this is just the first step in their efforts to increase taxes on all Americans.
And soon, we’ll all be paying the price.
Stay tuned to Right News Wire for any updates to this ongoing story