“Don’t Tax You…”

“…Don’t tax me;
Tax that rich guy
Behind the tree.”

With (not too) many apologies to Russell Long.

New York’s Progressive-Democrats are on the move, again.

New York Governor Andrew Cuomo and state legislators are close to reaching a budget agreement that would raise taxes on residents earning over $1 million.
If approved by the Democratic governor and Democrat-controlled legislature, New York would become the state with the highest personal income tax rate in the country.
The budget measure also includes increasing the state’s corporate tax rates….

And

The proposed changes would increase tax rate from 8.82% to 9.65% for individuals making over $1 million or those joint-filing making more than $2 million.
Two new additional tax brackets would also be created –10.3% for those making $5 million to $25 million, and 10.9% for those making over $25 million.
New York City high-income earners could be paying the highest in the country in personal income taxes. By adding New York City’s additional top-earner tax rate, those making over $1 million could pay as high as a 14.8% tax rate, surpassing California’s 13.3% tax rate, the highest in the country.

The State’s Progressive-Democrats already tax the hell out of all the yous and mes in that State, also, though, so Long’s plea is being implemented much more broadly.

It’s important to recall, also, another of Long’s aphorisms:

I have become convinced you’re going to have to have capital if you’re going to have capitalism.

New York’s Progressive-Democrats are bent on denying precisely that to the State’s private economy. That says volumes about Party’s ultimate goal.

Preferences

The Wall Street Journal‘s Editorial Board, in their Tuesday piece, wrote strongly about CEOs vs Shareholders in the context of the CEOs’ (among others)…disingenuousness…regarding Georgia’s newly enacted voting law, which expanded access to ballots and to the voting process while tightening the integrity of both.

The question is much broader than that, though.

President Joe Biden (D), with his blatant lies regarding Georgia’s election law, his open advocating for business boycotts of Georgia, while simultaneously scoffing at the idea of boycotting the People’s Republic of China’s Olympics—or anything else PRC—demonstrates his strong preference for the PRC government over the citizens of Georgia and of America.

Businesses like major league baseball, Coca-Cola, Delta, et al., repeating those lies about Georgia’s election law and pushing to leave Georgia, all the while being so desperate to do business within the PRC are similarly demonstrating their naked preference for the PRC government over the citizens of Georgia and of America.

It’s disgusting, and it’s shameful.

We can answer the businesses by boycotting them, starting yesterday. We can answer Biden and his coterie by tossing his Progressive-Democratic Party-controlled Congress in 2022 and then by tossing the Progressive-Democrat Biden/Harris administration in 2024.

It’s interesting, too, that the Party of Jim Crow suddenly is decrying Jim Crow—even as it lies about what is Jim Crow.

Lies of Progressive-Democrats

Yet more of them, this time centered on jobs for American citizens.

Here’s what Moody’s Analytics said about President Joe Biden’s $2.2 trillion American Jobs Plan Spend-a-Thon to which is attached some bucks for actual infrastructure work:

The firm estimated that the US economy will add roughly 16.3 million jobs between the fourth quarter of 2020 and the fourth quarter of 2030. If Biden’s proposal were to pass, Moody’s Analytics economists estimated that the US economy would add 19 million jobs over the same time period—indicating the proposal would be responsible for about 2.7 million jobs.

Here’s what Biden’s hand-picked Transportation Secretary “Pothole” Pete Buttigieg said.

The American Jobs Plan is about a generational investment. It’s going to create 19 million jobs. And we’re talking about economic growth that’s going to go on for years and years. It’s time for America to lead the way again. And those 19 million jobs we’re about to create go way beyond some quarterly or monthly report.

Twice he lied, in quick succession.

Biden’s White House National Economic Council Director Brian Deese was completely direct in his lie:

Moody’s suggests it would create 19 million jobs[.]

And then Biden personally lied about what Moody’s actually said:

Independent analysis shows that if we pass this plan, the economy will create 19 million jobs….

It makes me wonder whether anyone in this administration is capable of discriminating truth from fiction. Or whether they can, but they don’t care; they’ll just mouth whatever they think they can get away with that will benefit them politically.

Infrastructure Biden-Style

That’s what his latest tax-and-spend multi-trillion dollar bill that he’s masquerading as an infrastructure bill is—a misleading mess of profligacy. Here’s some of what’s in it besides actual infrastructure monies.

  • $174 billion for electric vehicles
  • $400 billion on home-based care for the elderly and disabled
  • $25 billion on child care facilities
  • $50 billion on “research infrastructure” at the National Science Foundation
  • $213 billion for home sustainability and public housing
  • $35 billion+ for climate change R&D
  • $50 billion to create a new office at the Department of Commerce to “dedicated to monitoring domestic industrial capacity and funding investments to support production of critical goods”
  • $30 billion to prepare for future pandemics
  • $45 billion so the Feds can buy “clean energy goods”
  • $14 billion “to bring together industry, academia, and government to advance technologies and capabilities critical to future competitiveness”

That’s more than $1 trillion out of Biden’s $2 trillion demand for his bill. Many of these things might actually be worthy projects—depending on pesky details—but they have no place in a real, legitimate infrastructure program.

And there’s this non sequitur that has no immediate cost, but it will reduce take-home pay of non-union members to no useful purpose and greatly limit our economy and drive up prices through greatly increased union costs:

[T]he PRO Act, which would essentially override right-to-work laws in states across the country, allowing unions to extract dues from workers who do not want to be members.

Senate Minority Leader Mitch McConnell (R, KY):

It’s like a Trojan horse. Its called infrastructure, but inside the Trojan horse it’s going to be more borrowed money, and massive tax increases on all the productive parts of our economy.

Indeed. Dollars—trillions of dollars—out of our economy immediately and trillions more for the foreseeable future.

Questions for Biden

Mollie Hemingway has quite a few over at The Federalist. Read them all.

I have a couple more:

Joe—can I call ya Joe?—you’ve said the new Georgia voting law is Jim Crow on steroids because, in part, it closes voting polls at 5pm. Quote the paragraph in the law that does that.

Joe, you’ve said the new Georgia voting law is too restrictive and suppressive of voters. Compare Georgia’s voting law with Delaware’s on:

  • number of days for early voting
  • no excuse absentee ballots (compare with New York’s voting law, too)

Joe, identify the party that invented Jim Crow laws.