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View Full Version : The Dems are not the working American's party


tomder55
Sep 8, 2022, 04:57 AM
The Inflation Reduction Act gives a tax credit of up to $7,500 for the purchase of new electric vehicles. ( $4,000 for used ) .Working American's can’t afford the luxury of buying electric cars, which remain much pricier than their gas alternatives.


There is $52 Billion monopoly bucks in the CHIPS ACT to give away to wealthy Americans.
The subsidy is extortion by the semiconductor industry . You give us the bucks and we will make the chips in the US.
Who says so ? .......The emperor's Former Labor Sec Robert Reich.

Why is the US about to give away $52bn to corporations like Intel? | Robert Reich | The Guardian (https://www.theguardian.com/commentisfree/2022/jun/26/us-chips-act-intel-robert-reich)

Other things like their demands to reinstitute the State And Local Tax (SALT ) deduction goes to prove the Dems no longer care for the lunch pail crowd .......the unwashed rubes . The only people who benefit from SALT reinstatement are the rich in over taxed Dem Blue states

jlisenbe
Sep 8, 2022, 05:41 AM
The problem with tax credits is that it amounts to forcing everyone else to help a person pay for his/her new EV. When their taxes are reduced, then of necessity everyone else must pay more.