BIDEN GIVES YA $1400, and now WANTS IT BACK IN MASSIVE TAX HIKES COMING SOON!
The Ben Ferguson Podcast
iHeartPodcasts
4.8 • 5.4K Ratings
🗓️ 16 March 2021
⏱️ 31 minutes
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| 0:00.0 | So leave it to the Biden administration to pull off something this stupid. |
| 0:04.2 | Send you a check and while you're waiting on the check, they then announce that they're going to go on a tour to tell you why they're going to raise your taxes. |
| 0:14.9 | This is not a joke. |
| 0:16.8 | We are now being told that the Biden administration, because of the COVID package, they just passed the 1.9 trillion dollar COVID package, |
| 0:26.4 | where you only got 9 cents on the dollar, just a little dinky 9 cents on the dollar. |
| 0:33.8 | That's all you got. |
| 0:36.0 | 9 cents on the dollar, and they wasted all your other money on things. |
| 0:41.4 | I had nothing to do with COVID-19. |
| 0:43.6 | They now got to raise your taxes. |
| 0:46.2 | Yeah, got to raise your taxes. |
| 0:48.3 | We are now getting word. |
| 0:49.2 | The Biden administration is planning the biggest and most expensive tax increase that we have seen since |
| 0:56.3 | 1993, when Bill Clinton had his disastrous signature overhaul of the tax hikes and system that cost him then the house and the Senate just another year later in the midterm elections. |
| 1:10.3 | This time, however, they say it's going to be palatable because Biden is focusing on addressing what he refers to the unequal treatment between work and wealth. |
| 1:23.1 | In other words, if you go to work and you work and you do work that they say is appropriate work, then they're not going to raise your taxes, I guess, is bad. |
| 1:33.8 | But if you're someone that goes to work and you build wealth, then there is a huge problem with you. |
| 1:41.1 | And that's who they're going to then get tax dollars from. |
| 1:45.2 | Now, let's just talk about where we are as a nation when it comes to debt. |
| 1:49.0 | These numbers, I'm about to give you are extremely important. |
| 1:52.4 | The last time we had a major financial crisis in this country, I'm talking about from a taxing issue where a party went nuts on taxes was Jimmy Carter. |
| 2:03.8 | In 1980, the US federal debt to GDP ratio, which cost in the right house and for Reagan actually beat Carter because people understood how bad things were out of whack was 1980. |
| 2:17.2 | In 1980, you had a total overhaul of the ideas in this country. |
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