Tucker: Biden raises your taxes while he dodges his own

good evening and welcome to tucker carlson tonight if you dutifully watched joe biden sputter through his announcement of the administration's 2 trillion infrastructure plan yesterday you may have been left with some questions first and most obviously is this really about infrastructure bridges roads airports things we could actually use or is it yet another weird climate scheme slash power grab race-based redistribution plan what exactly is this and by the way two trillion dollars sounds like a lot for anything won't that kind of spending cause hyperinflation if you print money like it's not worth anything doesn't the value of that money decline normal people may have had questions like those but thankfully the new york times was on the scene to quell all doubt the new york times approached joe biden's plan with the enthusiasm of izvestia applauding yet another record soviet potato harvest quote biden plan stresses jobs roads and growth read one of the new york times's four separate front page headlines this morning two trillion for once in a generation fix of infrastructure another headline that's real ron claimed that tech lobbyist turned white house chief of staff was so grateful for the backup from the times that he tweeted out the front page this morning america let's go win the future clayne wrote let's go win the future america what does that future look like well let's be clear from the outset that this plan whatever its merits will not make your commute easier only about 5 of that 2 trillion will actually go to roads and bridges so 5 on infrastructure 95 on social engineering that's what joe biden calls a once-in-a-lifetime infrastructure bill and he's right about part of it it is once in a lifetime if this bill passes the next generation will live in a very different country now before we tell you what's in the bill one word about who's going to pay for it in fact we only need one word and the word is you taxes are going up dramatically and they didn't have to actually tax revenues no longer fund the ambitions of our political class have you noticed the federal reserve funds them when politicians want something they just print the money it's called modern monetary theory they've been doing this for years and it's accelerating so there's no actual reason to raise taxes anymore for anything but joe biden wants to raise taxes to punish you and he plans to do that the administration is calling for a tax increase of about 3 trillion over 10 years that includes taxes on individual income and investments as well as on corporations this would make the first major tax hike in 28 years but it's actually a much bigger tax hike than anything we saw under the clinton administration in 1993 taxes amounted to only about half a percent of gdp this plan would come to roughly three times that about 300 billion a year that's 1.3 percent of gdp so you'd have to go all the way back to 1968 to find a bigger tax increase it's a big deal you have any questions no questions allowed joe biden doesn't want to answer questions he doesn't have to because it's an emergency in emergencies you do what you're told what i'm proposing is a one-time capital investment of roughly two trillion dollars in america's future spread largely over eight years put simply these are investments we have to make we can afford to make them put another we can't afford not to all this can be yours america for just two trillion dollars we can't afford not to spend two trillion dollars says joe biden like the used car sales mini is at heart biden knows he's not going to be paying a dime people like joe biden avoid taxes joe biden avoids taxes in fact in 2017 and 18 joe biden and his wife dodged payroll taxes and more than 13 million dollars that they got through speaking fees and book royalties how'd they do that did you do that you probably didn't they did the wall street journal reported that the bidens quote classified the income as s corporation profits rather than taxable wages are you surprised oh come on corporations are going to pay for it yeah if only we'd support it if that were the case but they're not corporate interests put joe biden in the white house they designed his policy they sent off on every part of it just as the credit card companies in delaware once did and so they'll be fine corporations shelter most of their money from taxes a lot of ways and when it costs they pass the costs along to the workers in the form of lower wages and to customers in the form of higher prices that's not a secret economists know that and so does joe biden so none of this is going to hurt amazon that's why amazon's for it but joe biden is interested in getting into the details like the math he'd like to know this bill is going to turn america into a scene from the jetsons imagine what we can do what's within our reach we modernize those highways you and your family can travel coast to coast without a single tank of gas on board a high-speed train we can connect high-speed affordable reliable internet wherever you live imagine knowing that you are handing your children and grandchildren a country that will lead the world on producing clean energy technology and will need to address one of the biggest threats of our time that's what we'll do flying cars teleport machines sadly not but we are going to modernize those highways and honestly a lot of them could use it but what does modernizing highways mean exactly what are the details in that well the washington post gave us some idea according to the paper an activist called amy steli has been demanding the removal not the building the removal of a highway in new orleans that cuts through her neighborhood she thinks that highway called the claiborne expressway is bad it's an eyesore and it contributes to pollution in her neighborhood and for years she's demanded local leaders get rid of it but they've refused people use it it's an important stretch of road in new orleans but now the white house and joe biden's infrastructure plan have decided that highway is an example of quote historic inequity and that can be solved by billions in new spending in other words it's a racist highway so you've got to pay to tear it down amy stelli was enthused by this i'm floored she said i'm thrilled to hear president biden call out the claiborne expressway as a racist highway yeah and not just racist sexist and transphobic too that highway is a jim crow dog whistle for white supremacy not to mention q and on insurrections got to tear it down expect a lot more highways to meet that face fate people who believe highways or racists are going to get tens of billions of dollars as part of this plan as long as they're what the biden administration calls underserved communities the entirety of this infrastructure plan looks more like a mash-up of intersectional theory from wesley and in some kind of south african style spoils system we saw a taste of that earlier this year when joe biden sent billions of dollars to african-american farmers in this country purely because of how they look now that's illegal it's immoral it's completely divisive but it's just the beginning in his infrastructure bill joe biden calls pretty strongly for sending 25 billion to historically black universities another quote minority serving institutions for research and development now you may think it's a good idea you should have to explain why but it's not infrastructure he'd also like to eliminate quote exclusionary zoning and quote needless barriers to producing affordable housing so that means that your neighborhood may have to make way for multi-family dwellings you don't want multi-family dwellings in your neighborhood it doesn't matter because it's equity shut up racist and there's more where that came from joe biden would like to spend a hundred billion dollars for workplace development to quote reduce racial inequities in job training and hiring huh that doesn't sound like eliminating racial discrimination and hiring it sounds like mandating it and it is but wait a second you may be wondering what does hiring people with certain skin colors have to do with infrastructure sorry to keep bringing us back to the point but the point was supposed to be infrastructure it's not really and democrats aren't really pretending it is anymore they're in charge and this is their chance to take total control of the economy and they're going to use it we understand to save our democracy and to evolve into the multi-racial democracy that we are we have to take a holistic approach so we spoke about infrastructure in alignment with a green new deal ending our dependence on fossil fuels within the next 10 years we spoke about education and fully funding our public schools and cancelling student debt we spoke about repealing the hyde amendment a federal jobs guarantee we spoke about a variety of issues in alignment with the progressive priorities that the people of this country are demanding so this is why you don't want the theory people in charge of anything especially the dumb theory people like the one you just saw sleazeball politicians of old would make the case vote for me and i'll fix the potholes now they may have stolen some of the money you sent them but in the end they had to fix the potholes they promised that they would and your commute got a little better these people are not interested in fixing the potholes no it's about saving our democracy and evolving into a multi-racial democracy as if we haven't already done that by the way it's also about something called the green new deal that's what this is and it's not simply one deranged theory adult member of congress admitting it according to the transportation secretary pete buddha judge former mayor of south bend former road scholar and mckinsey consultant we need this infrastructure bill to end hurricanes in the united states transportation is the leading contributor to climate change contributing to a pattern of extreme weather events which takes a severe toll on our infrastructure every dollar we spend rebuilding from a climate driven disaster is a dollar we could have spent building a more competitive modern and resilient transportation system that produces significantly lower emissions so according to climatologist pete judge wait we thought he was a mckinsey consul no no he's a climate expert not even the climate experts understand the climate that's how complex is but people what a judge does and he's telling you it's the roads that are causing hurricanes we never had them before roads he's going to fix that and that explains why there is 46 billion dollars in this bill for the federal government to buy electric vehicles now fbi agents can arrest you for sedition while driving teslas but wait a second you ask aren't those teslas powered by electricity made in part by coal plants yeah whatever shh insurrectionist another 2 trillion goes 2 billion rather goes to tax credits for quote clean energy generation and storage oh i wonder who owns those firms could they be biden donors think so there's also a plan for building 500 000 electric vehicle charges an allocation of 174 billion to expand the market of electric vehicles no one wants to buy them government's going to make you want to buy them and then 10 billion for climate conservation corps to quote boost climate resilience are they going to buy umbrellas that would be a useful form of climate resilience but they're thinking bigger than that this is about transforming our democracy you'll notice that none of this spending goes to our oil workers just put out of business when biden canceled the keystone xl pipeline they can learn to code so according to people who are really running the democratic party though none of this goes far enough it's just not enough 2 trillion is not enough we humiliate the keystone workers we're spending 2 trillion dollars but we need to go farther according to sandy cortez pampered scion of westchester we need to spend a lot more money very quickly or you're racist i have real concerns that 2.2 trillion isn't actually going to get us there so we're going to have to make deeper investments we are in a devastating economic moment millions of people in the united states are unemployed we have a truly crippled health care system and a planetary crisis on our hands and we're the wealthiest nation in the history of the world so we can do 10 trillion oh another math lecture from sandy 10 trillion 10 trillion dollars okay cindy cortez you've added a lot to our country you built this country didn't you she doesn't care and by the way none of them care about the consequences of this what are the consequences of this exactly what happens if all this money gets into the system could it affect your life could it affect prices commodity prices take a look at a chart of commodity prices and that will give you some sense you're looking at one these are the increases over the past year the government injected trillions of dollars into the economy and what happened the cost of almost every durable good the things that you need to live went way up the price of lumber we might need that going forward jumped more than 250 crude oil went up 188 sugar 50 copper and tin up by more than 80 percent each cattle meaning meat wheat meaning wheat thins and so on a lot more expensive to live here that's fine if you're joe biden or sandy cortez not fine if you're you the cost to buy a home jumped by 11 according to the un food price index the cost of food has reached its highest level in seven years in other words just by spending a lot of money they didn't make the people in charge are making it much harder for most americans to live here that's the cost of inflation it's a tax and it's insidious and it's impossible to control once it starts meanwhile the most powerful people in the country have never been happier the cost of apartments in san francisco has gone way down the dow jones up by 50 private equity is booming crypto investors are seeing huge returns some of them have so much money they are making up things to buy like what else do you do with the money they're investing in something called non-fungible tokens nfts which are literally useless digital tokens the nyan cat meme which you're seeing on your screen just sold for 590 000 in nft format now it's not the art that was sold it was the useless digital token this is the tulip craze if there ever was one and these are the people benefiting from you another two trillion dollars in spending and by the way those taxes increases will not offset all of this spending joe biden plans to tax what economists call savers which don't bounce around as much in the economy taxing favors is not an effective way to curb inflation because the money isn't affecting as many transactions it's punitive but the party in charge isn't cared about it doesn't care about inflation they don't care if it's harder for you to get gasoline or buy dinner they're just upset that you feel entitled to drive your vehicle to work on their roads i do think that given the preference i and probably many others would like to see the gasoline tax raised as you know that has been talked about for decades and unfortunately americans have become so accustomed to the low gas prices and even though i was challenging anybody if they go leave wherever they are right now looking at this at your show to go out and ask 10 people how much they pay in in the federal gasoline taxes they can't tell you they won't be able to tell you until a number is put out there when somebody says we're going to raise the taxes in order to to pay our infrastructure costs or the rebuilding by infrastructure and then all of a sudden somebody will start waging a war yeah so the real problem with america is gas prices are too low so people who don't live in cities people who drive for a living just aren't paying enough that's the problem and those ungrateful americans don't even know it what's going on here trillions of dollars changing hands this is looting just as their supporters in minneapolis last summer the biden people are looting the country they have done nothing to build america not one thing susan rice barack obama ron clean the rest of these people making these decisions have not created a single thing they are not creators they are takers and they've gotten rich from doing it how much does susan rice make in the last four years how did you get that money they're just stripping the course corpse and when it falls apart they'll be gone

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Keywords: carlson, fnc, fox news, fox news channel, fox news media, fox news network, fox news voices, tucker, tucker carlson, tucker carlson monologue, tucker carlson monologue tonight, tucker carlson tonight, tucker monologue, tucker monologue tonight, tucker reacts, tucker tonight, biden tax policy, biden taxes, tucker carlson joe biden, joe biden, biden, president biden, fox news joe biden, joe biden tax regulation, joe biden tax dodging, joe biden infrastructure plan, infrastructure

Id: -mZ07vL_uWc

Length: 16min 21sec (981 seconds)

Published: Thu Apr 01 2021

Reddit Comments

[u/theyvefoundusmarty]

So we’re actually bothered by a President not paying taxes now?