Taxes, prices, and regulations, oh my!

Destroying jobs and raising prices … Democrats’ favorite “holiday” – tax day – is reminding all Americans of just how much the Biden agenda is costing them.

Inflation is now taxing the average American family an extra $536 per month compared to when Biden took office. Even liberal economists like Obama advisor Steven Rattner blame Biden: “The $1.9 trillion American Rescue Plan passed in the early days of the Biden administration will go down in history as an extraordinary policy mistake.”

Now, Biden wants to use the IRS to make things even more expensive for families:

• Biden’s proposed budget would impose 11 new tax hikes on American energy producers, totaling over $45 billion in new taxes, and would result in energy companies “charging more in energy delivery services.”
• Biden wants a new death tax that would kill 80,000 jobs, lower workers’ wages, and shrink the U.S. economy by $100 billion over ten years.
• Biden is pushing a likely unconstitutional tax on Americans’ property and businesses, which could pose huge risks to everyday investors and Americans’ 401(k)s.
• Biden proposed increasing the business tax rate from 21% to 28%, which would shrink the economy and eliminate 145,000 jobs.

Under Biden, tax day is fast becoming the scariest “holiday” of the year. Republicans need to win in 2022 so we can keep next year from being even worse.

For more on the tax burden of Biden, check out this piece from RNC Research.