List Of Tax Hikes In Democrat Bill
View Source | August 8, 2022 11:08 am
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- The bill imposes a regressive tax on American oil and gas development.
- The tax will drive up the cost of household energy bills. The Congressional Budget Office estimates the natural gas tax will increase taxes by $6.5 billion.
- The tax hike violates President Biden’s tax pledge to any American making less than $400,000 per year.
- Biden administration officials have repeatedly admitted taxes that raise consumer energy prices are in violation of President Biden’s $400,000 tax pledge.
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