• Biden’s Counterproductive ‘Infrastructure’ Boondoggle Raises Business Taxes, Pays Off Unions and Green Energy Interests

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    Surge Summary: President Biden’s colossal infrastructure bill is really more like a bill to make government bigger than ever. He is essentially offering payouts to unions and Green Energy interests and proposing higher tax rates on business – which, in turn, will hurt the economy overall.

    by Gary Bauer

    President Biden unveiled his $2 trillion infrastructure bill [Wednesday].  Just like the so-called “COVID relief bill,” there’s a lot in the infrastructure bill that has nothing to do with roads and bridges.

    As the Wall Street Journal notes, it’s mostly “subsidies for green energy and payouts to unions for the jobs his climate regulation will kill.  This is really a plan to build government back bigger than it has ever been.”

    That said, this bill will be hard to stop.  Democrats are also vowing to use the reconciliation process again to jam it through on a purely partisan vote.

    Moreover, the American people overwhelmingly want to improve infrastructure.  Every poll shows that.  They want good roads, safe bridges and modern airports.  That’s what everybody means by “infrastructure.”  And if that’s what Biden really wanted to do, he would get overwhelming support.

    Instead, he’s proposing a huge tax increase on American business, which set off celebrations in Beijing, Moscow and Tehran.

    As surely as night follows day, these tax increases will lead to job losses and send American businesses searching for more friendly places to invest.  The corporate tax rate Joe Biden is proposing to pay for this putrid bill is higher than communist China’s!

    The views here are those of the author and not necessarily Daily Surge

    Originally posted here.

    Image: Adapted from: Revisorweb – Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=4529960

    Gary Lee Bauer is an American politician and activist, who served in the Reagan administration. He later became president of the Family Research Council and a senior vice president of Focus on the Family. In 2000, he participated in the Republican presidential contest.

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