Senate Majority Leader Chuck Schumer thinks the only way to deal with inflation is to raise taxes.
In other words, Americans who are already feeling economic pain because of Democrat policies just need to feel more pain. That’s the only solution in Chuck’s mind.
The idea of cutting taxes never even crosses the mind of a Democrat. When the economy is good, you should pay more in taxes and when the economy is bad, the solution is to pay more taxes.
The Blaze reports:
Top Senate Dem says raising taxes, undoing Trump tax cuts is the ‘only way to get rid of inflation’
Senate Majority Leader Chuck Schumer (D-N.Y.) claimed Tuesday the only solution to record-high inflation is raising taxes.
What are the details?
During a press conference, a reporter asked Schumer whether Democrats plan to use the budget reconciliation process to pass legislation (without Republican support) to address the ongoing economic crisis.
“Reconciliation is very, very important,” Schumer responded. “If you want to get rid of inflation, the only way to do it is to undo a lot of the Trump tax cuts and raise rates.
“No Republican is ever going to do that. So the only way to get rid of inflation is through reconciliation,” he added.
Earlier in the day, Schumer met with Sen. Joe Manchin (D-W.Va.) to discuss combatting inflation, which has remained at record levels for months. After the meeting, Manchin signaled support for using reconciliation to pass legislation aimed at tamping down the economic problems.
Here’s the video:
Senator Schumer argues the only way to cure inflation is by raising tax rates. So the way to lower inflation is by giving the government more money to spend? Which is exactly what caused inflation in the first place. These people don’t understand economics pic.twitter.com/CSGvuDAKcK
— Clay Travis (@ClayTravis) April 26, 2022
Has Schumer ever met a tax increase he didn’t like?