August 16, 2022 | Press Release

RNC Statement on the Biden Tax Hike

Press Release

WASHINGTON - Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement on Joe Biden raising taxes on Americans during a recession: 

"With the stroke of a pen, Joe Biden will guarantee congressional Democrats’ careers will come to an end. Biden and Democrats raised taxes on hardworking Americans and gave $80 billion to the IRS to hire 87,000 new IRS agents. Americans will never forget that Biden and Democrats raised taxes during a recession."

Background:

  • Joe Biden repeatedly promised that middle-class Americans would not “pay a penny more in taxes ” under his administration. This bill does just that.
  • According to the Joint Committee on Taxation, the Biden Tax Hikes will raise taxes on Americans making as little as  $20,000/year.
  • The Bidenflation Scam’s $7,500 electric vehicle tax credit amounts to nothing more than a giveaway to the wealthy,  subsidized by lower- and middle-income Americans.
  • The Bidenflation Scam includes $80 billion for 87,000 new IRS agents at an agency that has a history of auditing Americans earning $25,000/year at five times the rate of other income groups.

Read more here from RNC Research.