Biden’s Backward Day

 

Joe Biden Spent His First Hours In The White House Curbing American Competitiveness, Killing Jobs And Unveiling A Plan To Grant Amnesty To 11 Million Illegal Immigrants  

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BIDEN SPENT HIS FIRST HOURS AS PRESIDENT SIGNING EXECUTIVE ACTIONS THAT TAKE AMERICA BACKWARDS

Joe Biden’s first actions as President were to issue an unprecedented 17 executive orders.

President Biden begun the 30-day process to rejoin the disastrous Paris Climate Agreement.

Thanks to Biden’s actions the U.S. will reenter a flawed agreement that forces the U.S. to pay less developed countries at least $100 billion each year.

Economists estimate that the agreement will cost the U.S. economy millions of jobs over the next decade.

Another order halted the United States’ exit from the corrupt World Health Organization.

The World Health Organization aided China in its initial attempt to downplay the Coronavirus crisis.

They were slow to declare a public health emergency, even as the virus spread to more than half a dozen countries, in part because of the “impact such a declaration might have on the people of China.”

They backed the Chinese government when they falsely claimed that human to human transition had not been proven.

The organization also “showed deference to Chinese officials” in condemning the United States travel ban, calling the restrictions “unnecessary.”

Global health experts say that the organization’s repeated deference to Beijing exacerbated the spread of the disease and robbed the world of precious time to prepare for the pandemic.

President Biden signed an order canceling the Keystone XL pipeline.

The pipeline is “vital” to U.S. energy independence and Biden’s decision moves the country back toward reliance on foreign energy markets controlled by OPEC and other oil cartels.

By killing the project Biden will eliminate about 11,000 U.S. jobs, including 8,000 union jobs.

Canadian officials have condemned the move saying that canceling the project would hurt both countries and “weaken the critically important Canada-U.S. relationship, and undermine U.S. national security.”

BIDEN ALSO ROLLED OUT HIS FIRST MAJOR LEGISLATIVE PROPOSAL, A MASSIVE IMMIGRATION PLAN THAT GRANTS AMNESTY TO 11 MILLION ILLEGAL IMMIGRANTS

Biden has proposed “politically perilous” legislation that grants amnesty to 11 million illegal immigrants.

The plan would grant immediate legal status to every illegal immigrant in the U.S.

These individuals would then be eligible for a green card pending an application process and apply for citizenship just three years after receiving that status.

The plan is far more ambitious  than the bipartisan compromise reached in 2013, but Biden supporters say “the time is done for compromises.”

The Biden Administration seems to agree as his plan has failed to garner any level of bipartisan support, even Sen Marco Rubio (R-FL) who voted for the 2013 plan called the legislation a “nonstarter.”

Biden officials “declined to rule out other immigration executive actions should attempts at legislating fail,” despite the fact that only congress can implement many of the major changes.

DON’T FORGET, BIDEN HAS PLEDGED TO REPEAL THE TAX CUTS AND JOBS ACT AND RAISING TAXES ON MIDDLE-CLASS FAMILIES “FIRST THING”

Joe Biden said the “first thing” he will do in office is repeal the GOP tax cuts; this move would increase taxes on 82% of middle-class Americans.

Americans would see an average tax increase of $1,200 if Biden repealed the Tax Cuts and Jobs Act.

In early 2018, the IRS adjusted withholding tables to reflect changes in the GOP tax cuts, as a result 90% of American workers saw more money in their paychecks.

By repealing the tax cuts, Joe Biden would slash paychecks by $100 a month, according to H&R block who reported that biweekly paychecks went up an average of $50 thanks to the Tax Cuts and Jobs Act.

The Tax Cuts and Jobs Act doubled the Child Tax Credit; by repealing it, Biden would raise taxes on more 22 million working families, earning primarily between $50,000 and $100,000, by more than $26 billion.

The tax cuts also expanded the refundable portion of the Child Tax Credit; repealing this would take money out of the pockets of 18.3 million primarily low-income houses.

Biden would reverse a 20% tax deduction for small businesses from which more than two-thirds of small business owners said they benefitted.

JOE BIDEN WILL NEED TO HIKE TAXES IN ORDER TO PAY FOR HIS MASSIVE MULTITRILLION DOLLAR BIG-GOVERNMENT AGENDA

Joe Biden’s multitrillion-dollar platform would cost more than double that of Hillary Clinton’s 2016 proposals and push long-term Washington spending to its highest level in decades.

Biden has proposed a total of $5.4 trillion in new spending over the next 10 years, according to an analysis published Monday by the Penn Wharton Budget Model.

His campaign says the former vice president remains committed to avoiding an expansion of government debt, and that Biden’s proposals will be paid for by revenue increases.

However, even Biden’s massive proposal to raise taxes by $3.4 trillion falls well short of funding his big government proposals.

According to the Penn-Wharton Budget model, Biden’s tax plan would suppress wages and increase the effective tax rate for all taxpayers, including those making less than $17,000 a year.

95% of middle-income earners would see a tax increase under Biden’s plan.

As a part of his tax proposal, Biden plans to raise the corporate tax rate to 28%,  higher than the average among OECD countries and well above Canada (15%), the United Kingdom (20%) and China (25%).

Economists know that high corporate tax rates stifle wage growth and during the Obama/Biden Administration, when our corporate tax rate was “the highest among the largest industrialized countries,” wage growth averaged just 2.3%.

The tepid wage growth was well below the 3%-4% economists expect in a “strong economy.”

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