Ex-Pence Aide Helps Lead GOP Assault Against Biden Tax Increases that pay for Infrastructure Plan
A top aide to former Vice President Mike Pence is helping lead a $25 million to $50 million campaign to oppose President Joe Bidens proposed tax increases, including ads targeted to the districts of Democratic members of Congress.
The Coalition to Protect American Workers, led by Republican operatives including Marc Short, Pences former chief of staff, plans a campaign of at least $25 million starting within a month that includes television and digital ads, according to a person familiar with the effort.
The 2017 Republican tax cuts helped create millions of new jobs, Short said in a statement, and Democrats now want to pass job-killing tax increases that will stifle our economy as the country is finally emerging from a pandemic. Axios first reported the plans.
Biden is planning to offer what would amount to the biggest set of tax increases since 1993 to help pay for infrastructure, clean-energy and social initiatives, including restoring the Obama-era 28% corporate tax rate that former President Donald Trumps tax plan cut to 21%. It would also increase the top personal income tax rate to 39.6% for those households earning $400,000 a year or more.
But the coalition will argue it could take years to realize new jobs from infrastructure investment, and that the tax increases would cost the U.S. economy jobs now just when millions of Americans are ready to get back to work as the coronavirus pandemic eases.
The ads will target Democratic members of Congress and potentially Republicans who arent willing to denounce new taxes, a person familiar with the plan said.
https://www.bloomberg.com/news/articles/2021-03-30/republicans-launch-new-campaign-against-biden-tax-increases
Their a party of grifters.