1994 all over again?
History, they say, often repeats itself. But Joe Biden just can’t seem to take a hint.
According to Bloomberg this morning, Joe Biden and the Democrats are planning “the first major tax hike since 1993,” eying increases to both personal and corporate tax rates to help pay for his “long term economic program”(read: socialist agenda for America).
And it ain’t peanuts. The total package would cost Americans more than $2.1 trillion.
Quick history lesson: after Democrats raised taxes in 1993….Republicans gained 54 seats in the House, 8 in the Senate and took control of both chambers of Congress for the first time since 1954 and ushered in the “Republican Revolution.”
Can’t wait to see how this plays out! 🍿