07.19.22

Senate Dems Are Angry Their Tax Hikes Might Be Delayed

Facing A Setback In Their Years-Long Quest For Crippling Tax Hikes, Democrats Vented Their Fury At Being Denied An Opportunity To Vote To Raise Taxes As The U.S. Economy Teeters On The Brink Of Recession

 

SENATE REPUBLICAN LEADER MITCH McCONNELL (R-KY): “So we’ve got the worst inflation since 1981. The vast majority of Americans are saying it has them in a bind financially. And it’s low- and middle-income families who are bearing the brunt of it. This is the landscape as Washington Democrats keep trying to force even more party-line liberal bills with even more new Washington spending and – for a bonus – massive new tax hikes. For the better part of a year, our colleagues have been trying to cook up legislation that would make life harder for small businesses, attack affordable American energy, and hike income taxes on families in every single tax bracket. Apparently for most Washington Democrats, spending the country into inflation wasn’t enough. Now, for a second act, they want to tax us into recession. The response for Democrats robbing American families once cannot be for Democrats to rob American families a second time.” (Sen. McConnell, Remarks, 7/18/2022)

 

Democrats Are ‘Near The Climax Of Their Monthslong Push To Unilaterally Raise’ Taxes

“Democrats [are] near the climax of their monthslong push to unilaterally raise … taxes …” (“Dems’ Tax-Increase Dreams Meet Election-Year Reality,” Politico, 7/14/2022)

  • SEN. CHRIS COONS (D-DE): “But frankly, you know, we still have Trump’s tax code. And there are big loopholes, ways in which we just aren’t requiring everyone who owes taxes to pay their fair share.” (MSNBC’s “Morning Joe,” 7/15/2022)

“Senate Democrats will push to raise taxes … The proposal is projected to raise $203 billion over a decade by imposing an additional 3.8 percent tax on income earned from owning a piece of what is known as a pass-through business, such as a law firm or medical practice.” (The New York Times, 7/07/2022)

“The party is also considering other ways of raising revenue, including a new global tax deal and increased IRS enforcement, which is highly favored by moderates.” (“Dems’ Tax-Increase Dreams Meet Election-Year Reality,” Politico, 7/14/2022)


‘A Group Of Centrist House [Democrats] Is Already Making Noise That They Want Tax Increases To Be Included In Any Package’

“A group of centrist House lawmakers is already making noise that they want tax increases to be included in any package. ‘There are numerous options for raising the revenue necessary to get our nation on a sustainable fiscal trajectory,’ nine lawmakers, including Rep. Carolyn Bourdeaux (D-Ga.) and Ed Case (D-Hawaii) wrote to their party leaders.” (“Democrats' Manchin Rage,” Axios, 7/16/2022)

  • The letter was signed by Reps. Carolyn Bourdeaux (D-GA), Ed Case (D-HI), Scott Peters (D-CA), Kurt Schrader (D-OR), Dean Phillips (D-MN), Kathleen Rice (D-NY), Chris Pappas (D-NH), Jim Cooper (D-TN), and Chrissy Houlahan (D-PA). (“Democrats' Manchin Rage,” Axios, 7/16/2022)

 

Senate Democrats Were Hoping To Push Through A Bill With Hundreds Of Billions Of Dollars In Tax Hikes And Hundreds Of Billions In Spending On Green New Deal Boondoggles

“Democrats are taking tangible steps towards a deal on their party’s signature spending bill, expecting the proposal to dominate the rest of July and hoping it could reshape their political fortunes after six months of stasis. Talks between Majority Leader Chuck Schumer and Sen. Joe Manchin (D-W.Va.) are beginning to yield concrete results on a potential climate, tax and prescription drugs package. Schumer told Senate Democrats recently that if he can reach a deal with Manchin, the bill could be on the floor as soon as this month, according to a person familiar with the negotiations. … Roughly speaking, Manchin and Schumer are working toward legislation that provides $1 trillion in new revenues, half of which would go toward deficit reduction and half of which would go toward energy and health spending.” (“Dems' Climate And Tax Agenda To Consume Congress In July,” Politico, 7/07/2022)

  • “Senate Democrats also have a deal to raise taxes on ‘pass through’ income for small business owners who make more than $400,000 annually ($500,000 for couples) …” (Punchbowl AM, 7/11/2022)

 

Democrats Reacted With Rage At Being Stymied In Their Quest To Vote For A Partisan Reckless Taxing And Spending Spree

SEN. BERNIE SANDERS (I-VT): “He has sabotaged the president's agenda. No, look, if you check the record, six months ago, I made it clear that you have people like Manchin, Sinema to a lesser degree, who are intentionally sabotaging the president's agenda … what a majority of us in the Democratic Caucus want.” (ABC’s “This Week,” 7/17/2022)

SEN. BRIAN SCHATZ (D-HI): “I am absolutely furious about what just happened …” (The Early 202, The Washington Post, 7/18/2022)

SEN. ED MARKEY (D-MA): “Rage keeps me from tears.” (Sen. Markey, @SenMarkey, Twitter, 7/14/2022)

SEN. TINA SMITH (D-MN): “It’s infuriating and nothing short of tragic that Senator Manchin is walking away …” (Sen. Smith, @SenTinaSmith, Twitter, 7/15/2022)

SEN. MARTIN HEINRICH (D-NM): “Senator Manchin’s refusal to act is infuriating.” (Sen. Heinrich, @MartinHeinrich, Twitter, 7/15/2022)

REP. PAUL TONKO (D-NY): “To hold back that effort is unacceptable, it is damaging.” (“New York Dems 'Infuriated' As Manchin Nixes Climate Spending,” NY1, 7/15/2022)

REP. JAMAAL BOWMAN (D-NY): “It’s infuriating. It’s frustrating.” (“New York Dems 'Infuriated' As Manchin Nixes Climate Spending,” NY1, 7/15/2022)

REP. JOHN YARMUTH (D-KY), House Budget Committee Chairman: “We’re all going to die.” (“Democrats Vent Their Fury As Joe Manchin Shelves Action On Climate Change,” NBC News, 7/15/2022)

 

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SENATE REPUBLICAN COMMUNICATIONS CENTER

Related Issues: Democrats' Reckless Taxing And Spending Spree, Green New Deal, Senate Democrats, Taxes