Self-inflicted Economic Wound

 White House Infrastructure Plan is the “Largest Tax Hike” in American History – The Epoch Times

Former President Donald Trump, in a statement Wednesday, responded to the White House infrastructure bill—which would introduce new taxes—and said it is “among the largest self-inflicted economic wounds in history.”

“If this monstrosity is allowed to pass, the result will be more Americans out of work, more families shattered, more factories abandoned, more industries wrecked, and more Main Streets boarded up and closed down—just like it was before I took over the presidency 4 years ago,” the former president said in a statement, adding that the plan will “implement the largest tax hike in American history.”

Trump, in a statement reminiscent of 2016 campaign speeches, said the measure would only serve “China and other large segments of the world” and said would make America lose “the economic war with China.”

With the infrastructure plan’s tax rates, “if you create jobs in America, and hire American workers, you will pay MORE in taxes—but if you close down your factories in Ohio and Michigan, fire U.S. workers, and move all your production to Beijing and Shanghai, you will pay LESS,” Trump said. “It is the exact OPPOSITE of putting America First—it is putting America LAST!”

Why is Biden so intent upon turning economic power over to China? Perhaps it has something to do with the vast amounts of money his son Hunter has received for his "pay for access deals with that communist regime."