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Bill O’Reilly’s No Spin News and Analysis

Highlights from O'Reilly's No Spin News

Bill O’Reilly’s No Spin News and Analysis

Bill O'Reilly

News, Politics, News Commentary

3.712K Ratings

🗓️ 13 November 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

Highlights from BillOReilly.com’s No Spin News. Watch the No Spin News weeknights - become a BillOReilly.com Premium Member to watch.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Joe Biden's in your house, as I say.

0:14.0

He's here.

0:15.0

In my house, in your house.

0:17.0

And we're getting hurt.

0:19.0

And that's going to doom him because it's not going to reverse.

0:22.6

Unfortunately, we're in for a year of pain.

0:25.6

And it's because of Biden.

0:28.6

Now, you can blame his advisors and everybody else, but it's him.

0:32.6

Now, his advisors are idiots.

0:34.6

And I'll get into that in a moment. So now what the Biden people are pushing

0:41.4

is for this so-called reconciliation bill, which is the giveaway bill. So it started at $3.5 trillion.

0:48.8

It's now down about $1.7. It'll get down about $1.4. wants this, except the people who are getting the gifts

0:57.0

from the government. They want it, but nobody else wants it. And with the inflation, it's

1:08.0

almost making things worse even for the people getting free money.

1:12.5

So the Tax Foundation did a study, and it said that if this reconciliation bill passes, all right,

1:20.4

the USA will then have the highest personal income tax rate in the world for the highest earners.

1:28.3

That would be 57%.

1:31.3

You add in all the Medicare stuff and the Social Security stuff and everything,

1:35.3

57%.

1:37.3

And New York State, where I am, you're going to tack on 8% sales tax for everything you buy.

1:42.3

And then the income taxes hover around 10% here.

1:46.2

So I'm into 70% territory. So that is socialism. You take people's money that they work hard for.

...

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