Scalise: $74B stock tax hits 401ks, low & middle-income have 401ks. Corporate taxes, cost more

#shorts On 5/23/2023, during press conference, House Majority Leader Scalise said, “74 billion-dollar stock tax, which hits 401ks. Now maybe President Biden thinks only the billionaires have 401ks. I hate to tell you, Mr. President, there are a lot of low-income families and middle-income families who have 401ks, relying on that to be part of their nest egg to retire. And yet, Joe Biden added 74 billion dollars in taxes there. And as if that wasn’t enough, Joe Biden signed into law 225 billion dollars in more corporate taxes. And where do corporate taxes get paid? By people who buy things. Again, you wonder why when you go to the grocery store or when you go to any other store to buy clothes, to buy any other products, why it’s costing 20 or 30 percent more? It’s because of all the taxes that Joe Biden’s already raised. And what is his answer to maxing out the nation’s credit card? He wants more taxes. Well, the message we have for President Biden is there will be no more taxes. It’s the spending in Washington that’s the problem

other clips of this published longer video is here: <a href=“https://youtu.be/g1Rz_oO0Mro\” rel=“nofollow”>https://youtu.be/g1Rz_oO0Mro

Key Points

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#shorts On 5/23/2023, during press conference, House Majority Leader Scalise said, “74 billion-dollar stock tax, which hits 401ks

Now maybe President Biden thinks only the billionaires have 401ks
President, there are a lot of low-income families and middle-income families who have 401ks, relying on that to be part of their nest egg to retire
And yet, Joe Biden added 74 billion dollars in taxes there