Sean Hannity, host of ‘Hannity’, said in his opening monologue on Monday that no matter how President Biden and the Democrats draft the upcoming tax increase plan, it will be pure ‘class warfare’ and will affect every tax-paying American.
Hannity said that while Biden obscured every president who returned to Calvin Coolidge in the 1920s when it came to the fact that he did not hold a press conference in his first 54 days, the Democrats’ left agenda continues.
“With or without Joe Biden, his party’s radical, extreme socialist agenda is in full swing. And the next order of business is redistribution and seizure of wealth,” the host said.
“In fact, the Biden government is planning, as we can now say, the largest tax increase on Americans in more than three decades. This radical Green New Deal socialism must be paid for by someone and … [so] hold on to your wallets, and hold on to all the class warfare and all that rhetoric. ‘
Hannity said the Democrats would no doubt describe their tax increases as ‘depriving evil people and evil corporations’ and giving them to the working class.
However, he said the tax increases are likely to include capital gains tax increases – the taxes paid by investors who raise money from a simple mutual fund to more complex trades, as well as small business tax rates.
That along with the increase in the death tax will affect almost every American, Hannity warned.
“In other words, they want to raise taxes on money you earn, money you invest and risk … they want a share of the action [as well as] the money you still have left when you finally die and in the meantime they are going to go back and get another bite to the apple with the wealth tax, ‘he said.
The cost of tax increases on companies as proposed by Senator Elizabeth Warren, D-Mass., Will, according to him, simply be passed on to the consumer, while increased regulations on independent contractors will put millions of people out of work by making it nearly impossible. to employ people for their services if they have their own business, ”the host predicted. “This is the payback for the unions and their election support.”
Hannity added that Biden’s economic plan is already pumping, with gas prices soaring in most areas since the beginning of the year. The host blamed the higher costs for the departure of US energy independence under President Donald Trump.
“This is their anti-hydro-breaking, anti-pipeline signal, and you now have a recipe for what will be an economic disaster for every hard-working American in the US. You will all be affected, you will all pay more and the world saves from climate change and of course the destruction of climate change in 12 years and turns America into a socialist hell hole, ‘he said.
“Of course it’s not cheap. It only raises an estimated $ 2 trillion out of the $ 90 trillion needed for the new socialism in the green deal. Buckle, more tax increases are on your way. No one will be spared, guaranteed. . “
Hannity noted that Republican-led states are generally already being punished for responsible governance, as the Democrats’ COVID bill – in his words – amounts to the “biggest blue state rescue in the country’s history.”
“If you live in a state where you elect responsible legislators, governors, guess what? Congratulations, because your hard-earned money will soon go to governors in blue states and state legislators in blue states where they tax and spend beyond their means, where they never ‘they do not balance their budget, they never finance their pensions and where the government’s corruption is rampant.’
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“Illinois gets a whopping $ 13 billion from your money. The state of New York gets as much as $ 24 billion. California … has an almighty $ 42 billion from you, the American people.”
Those who essentially paid for it were Florida, Texas and Mississippi.
Hannity also reported that a California teachers’ union, which predicted the state would use the money to pay bonuses to its members, suggested they use the windfall to take a vacation in Hawaii.