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Tucker: Biden raises your taxes while he dodges his own - YouTube
Channel: Fox News
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good evening and welcome to tucker
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carlson tonight
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if you dutifully watched joe biden
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sputter through his announcement of the
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administration's
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2 trillion infrastructure plan yesterday
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you may have been left with some
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questions
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first and most obviously is this really
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about infrastructure bridges
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roads airports things we could actually
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use
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or is it yet another weird climate
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scheme slash power grab
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race-based redistribution plan what
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exactly is this
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and by the way two trillion dollars
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sounds like a lot for anything
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won't that kind of spending cause
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hyperinflation if you print money like
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it's not worth anything doesn't the
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value of that money decline
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normal people may have had questions
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like those but thankfully the new york
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times was on the scene to quell all
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doubt
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the new york times approached joe
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biden's plan with the enthusiasm of
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izvestia applauding yet another record
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soviet potato harvest
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quote biden plan stresses jobs roads and
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growth read one of the new york times's
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four
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separate front page headlines this
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morning
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two trillion for once in a generation
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fix of infrastructure another headline
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that's real ron claimed that tech
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lobbyist turned white house chief of
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staff was so grateful for the backup
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from the times that he tweeted out the
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front page this morning
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america let's go win the future clayne
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wrote
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let's go win the future america what
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does that future look like
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well let's be clear from the outset that
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this plan whatever its merits
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will not make your commute easier only
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about 5
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of that 2 trillion will actually go to
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roads and bridges
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so 5 on infrastructure 95
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on social engineering that's what joe
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biden calls a once-in-a-lifetime
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infrastructure bill and he's right about
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part of it it is once in a lifetime if
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this bill passes the next generation
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will live in a very different country
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now before we tell you what's in the
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bill one word about who's going to pay
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for it
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in fact we only need one word and the
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word is you taxes are going up
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dramatically
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and they didn't have to actually tax
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revenues no longer fund
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the ambitions of our political class
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have you noticed the federal reserve
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funds them when politicians want
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something they just print the money
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it's called modern monetary theory
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they've been doing this for years and
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it's accelerating
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so there's no actual reason to raise
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taxes anymore
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for anything but joe biden wants to
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raise taxes to punish you and he plans
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to do that
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the administration is calling for a tax
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increase of about 3 trillion
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over 10 years that includes taxes on
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individual income and investments
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as well as on corporations this would
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make the first
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major tax hike in 28 years but it's
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actually a much
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bigger tax hike than anything we saw
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under the clinton administration in 1993
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taxes amounted to only about half a
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percent of gdp
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this plan would come to roughly three
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times that about
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300 billion a year that's 1.3 percent of
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gdp
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so you'd have to go all the way back to
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1968 to find a bigger tax
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increase it's a big deal you have any
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questions
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no questions allowed joe biden doesn't
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want to answer questions he doesn't have
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to because it's an emergency
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in emergencies you do what you're told
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what i'm proposing is a one-time capital
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investment of roughly two trillion
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dollars in america's future
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spread largely over eight years put
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simply
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these are investments we have to make we
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can
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afford to make them put another we can't
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afford not to
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all this can be yours america for just
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two trillion dollars
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we can't afford not to spend two
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trillion dollars says joe biden like the
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used car sales mini is at heart
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biden knows he's not going to be paying
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a dime people like joe biden
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avoid taxes joe biden avoids taxes in
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fact
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in 2017 and 18 joe biden and his wife
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dodged payroll taxes and more than 13
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million dollars that they got through
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speaking fees and book royalties how'd
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they do that did you do that
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you probably didn't they did the wall
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street journal reported that the bidens
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quote classified the income
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as s corporation profits rather than
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taxable wages
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are you surprised oh come on
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corporations are going to pay for it
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yeah if only we'd support it if that
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were the case
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but they're not corporate interests put
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joe biden in the white house
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they designed his policy they sent off
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on every part of it just as the credit
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card companies in delaware once did
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and so they'll be fine corporations
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shelter most of their money from taxes
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a lot of ways and when it costs they
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pass the costs along to the workers in
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the form of lower wages and to customers
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in the form of higher prices
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that's not a secret economists know that
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and so does joe biden so none of this is
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going to hurt amazon that's why amazon's
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for it
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but joe biden is interested in getting
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into the details like the math
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he'd like to know this bill is going to
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turn america
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into a scene from the jetsons imagine
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what we can do
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what's within our reach we modernize
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those highways
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you and your family can travel coast to
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coast without a single
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tank of gas on board a high-speed train
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we can connect high-speed affordable
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reliable internet wherever you live
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imagine knowing that you are handing
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your children and grandchildren
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a country that will lead the world on
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producing clean energy technology
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and will need to address one of the
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biggest threats of our time that's what
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we'll do
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flying cars teleport machines
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sadly not but we are going to modernize
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those highways
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and honestly a lot of them could use it
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but what does modernizing highways mean
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exactly what are the details in that
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well the washington post gave us some
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idea
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according to the paper an activist
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called amy steli has been demanding the
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removal not the building the removal of
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a highway in new orleans that cuts
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through her neighborhood
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she thinks that highway called the
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claiborne expressway
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is bad it's an eyesore and it
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contributes to pollution
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in her neighborhood and for years she's
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demanded local leaders get rid of it but
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they've refused
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people use it it's an important stretch
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of road in new orleans
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but now the white house and joe biden's
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infrastructure plan
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have decided that highway is an example
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of quote
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historic inequity and that can be solved
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by billions in new spending in other
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words
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it's a racist highway so you've got to
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pay to tear it down
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amy stelli was enthused by this i'm
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floored she said
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i'm thrilled to hear president biden
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call out the claiborne expressway
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as a racist highway yeah and not just
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racist
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sexist and transphobic too that highway
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is a jim crow dog whistle for white
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supremacy not to mention q and on
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insurrections
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got to tear it down expect a lot more
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highways to meet that face
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fate people who believe highways or
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racists are going to get tens of
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billions of dollars as part of this plan
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as long as they're what the biden
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administration calls
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underserved communities the entirety of
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this infrastructure plan
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looks more like a mash-up of
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intersectional theory from wesley and in
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some kind of south african style spoils
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system
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we saw a taste of that earlier this year
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when joe biden sent billions of dollars
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to african-american farmers in this
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country purely because of how they look
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now that's illegal it's immoral it's
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completely divisive but it's just the
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beginning
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in his infrastructure bill joe biden
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calls pretty
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strongly for sending 25 billion to
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historically black universities another
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quote minority serving institutions for
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research and development
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now you may think it's a good idea you
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should have to explain why
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but it's not infrastructure he'd also
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like to eliminate quote
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exclusionary zoning and quote needless
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barriers to producing affordable housing
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so that means that your neighborhood may
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have to make way for multi-family
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dwellings
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you don't want multi-family dwellings in
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your neighborhood
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it doesn't matter because it's equity
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shut up racist and there's more where
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that came from
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joe biden would like to spend a hundred
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billion dollars for workplace
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development to quote reduce racial
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inequities in job training and hiring
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huh that doesn't sound like eliminating
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racial discrimination and hiring
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it sounds like mandating it and it is
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but wait a second you may be wondering
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what does hiring people with certain
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skin colors have to do with
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infrastructure sorry to keep bringing us
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back to the point but the point was
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supposed to be infrastructure
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it's not really and democrats aren't
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really pretending it is anymore
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they're in charge and this is their
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chance to take total control of the
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economy
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and they're going to use it we
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understand to save our democracy and to
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evolve into the multi-racial democracy
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that we are we have to take a holistic
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approach so we spoke about
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infrastructure in alignment with a green
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new deal
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ending our dependence on fossil fuels
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within the next 10 years
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we spoke about education and fully
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funding our public schools
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and cancelling student debt we spoke
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about repealing the hyde amendment a
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federal jobs guarantee
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we spoke about a variety of issues in
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alignment with the progressive
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priorities
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that the people of this country are
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demanding
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so this is why you don't want the theory
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people in charge of anything especially
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the dumb
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theory people like the one you just saw
[541]
sleazeball politicians of old would make
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the case vote for me and i'll fix the
[545]
potholes
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now they may have stolen some of the
[547]
money you sent them but in the end they
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had to fix the potholes they promised
[550]
that they would
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and your commute got a little better
[553]
these people are not interested in
[554]
fixing the potholes
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no it's about saving our democracy and
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evolving into a multi-racial democracy
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as if we haven't already done that by
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the way
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it's also about something called the
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green new deal that's what this is
[567]
and it's not simply one deranged theory
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adult member of congress admitting it
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according to the transportation
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secretary pete buddha judge former mayor
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of south
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bend former road scholar and
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mckinsey consultant we need this
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infrastructure bill to end hurricanes
[587]
in the united states transportation is
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the leading contributor to climate
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change
[591]
contributing to a pattern of extreme
[593]
weather events which
[594]
takes a severe toll on our
[596]
infrastructure
[598]
every dollar we spend rebuilding from a
[600]
climate driven disaster
[601]
is a dollar we could have spent building
[603]
a more competitive
[605]
modern and resilient transportation
[607]
system that produces significantly lower
[609]
emissions
[613]
so according to climatologist pete judge
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wait we thought he was a mckinsey consul
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no no he's a climate expert
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not even the climate experts understand
[620]
the climate that's how complex is but
[622]
people what a judge does
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and he's telling you it's the roads that
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are causing hurricanes we never had them
[626]
before roads
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he's going to fix that and that explains
[630]
why there is 46 billion dollars in this
[632]
bill for the federal government to buy
[633]
electric vehicles now
[635]
fbi agents can arrest you for sedition
[637]
while driving teslas
[639]
but wait a second you ask aren't those
[640]
teslas powered by electricity made in
[642]
part by coal plants yeah whatever
[645]
shh insurrectionist another 2 trillion
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goes
[649]
2 billion rather goes to tax credits for
[650]
quote clean energy generation and
[653]
storage
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oh i wonder who owns those firms could
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they be biden donors
[657]
think so there's also a plan for
[659]
building 500 000 electric vehicle
[661]
charges an allocation of 174 billion to
[663]
expand the market of electric vehicles
[665]
no one wants to buy them
[666]
government's going to make you want to
[667]
buy them and then 10 billion for
[669]
climate conservation corps to quote
[672]
boost climate resilience
[674]
are they going to buy umbrellas that
[676]
would be a useful form of climate
[678]
resilience but they're thinking bigger
[679]
than that this is about transforming our
[680]
democracy
[682]
you'll notice that none of this spending
[683]
goes to our oil workers just put out of
[686]
business when biden canceled the
[687]
keystone xl pipeline
[688]
they can learn to code so according to
[692]
people who are really running the
[693]
democratic party though none of this
[694]
goes far enough
[695]
it's just not enough 2 trillion is not
[698]
enough
[698]
we humiliate the keystone workers we're
[700]
spending 2 trillion dollars but we need
[702]
to go farther
[703]
according to sandy cortez pampered scion
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of westchester
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we need to spend a lot more money very
[709]
quickly or you're racist
[711]
i have real concerns that 2.2 trillion
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isn't actually going to get us there
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so we're going to have to make deeper
[718]
investments we are in a devastating
[720]
economic moment
[722]
millions of people in the united states
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are unemployed we have
[725]
a truly crippled health care system
[728]
and a planetary crisis on our hands and
[730]
we're the wealthiest nation in the
[732]
history of the world so
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we can do 10 trillion
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oh another math lecture from sandy 10
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trillion 10 trillion dollars okay
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cindy cortez you've added a lot to our
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country you built this country didn't
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you
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she doesn't care and by the way none of
[750]
them care about the consequences of this
[752]
what are the consequences of this
[754]
exactly what happens if all this money
[756]
gets into the system could it affect
[758]
your life could it affect
[760]
prices commodity prices take a look at a
[763]
chart
[764]
of commodity prices and that will give
[765]
you some sense you're looking at one
[767]
these are the increases over the past
[769]
year the government injected trillions
[771]
of dollars
[772]
into the economy and what happened the
[774]
cost
[775]
of almost every durable good the things
[777]
that you need to live went
[778]
way up the price of lumber we might need
[781]
that going forward jumped more than 250
[784]
crude oil went up 188 sugar 50
[787]
copper and tin up by more than 80
[789]
percent each
[791]
cattle meaning meat wheat meaning wheat
[793]
thins
[794]
and so on a lot more expensive to live
[797]
here that's fine if you're joe biden or
[799]
sandy cortez
[801]
not fine if you're you the cost to buy a
[804]
home jumped by 11
[806]
according to the un food price index the
[808]
cost of food has reached its highest
[809]
level
[810]
in seven years in other words just by
[812]
spending a lot of money they didn't make
[814]
the people in charge are making it much
[816]
harder for most americans to live here
[818]
that's the cost of inflation
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it's a tax and it's insidious and it's
[821]
impossible to control once it starts
[824]
meanwhile the most powerful people in
[825]
the country have never been happier the
[826]
cost of apartments in san francisco has
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gone way down
[829]
the dow jones up by 50 private equity is
[832]
booming crypto investors are seeing huge
[834]
returns
[834]
some of them have so much money they are
[836]
making up things to buy like what else
[838]
do you do with the money
[839]
they're investing in something called
[840]
non-fungible tokens
[842]
nfts which are literally useless digital
[845]
tokens
[846]
the nyan cat meme which you're seeing on
[848]
your screen just sold for 590
[851]
000 in nft format
[854]
now it's not the art that was sold it
[856]
was the useless digital token
[858]
this is the tulip craze if there ever
[860]
was one
[861]
and these are the people benefiting from
[862]
you another two trillion dollars in
[864]
spending and by the way those taxes
[865]
increases
[866]
will not offset all of this spending joe
[868]
biden plans to tax what economists call
[870]
savers which don't bounce around as much
[872]
in the economy taxing favors is not an
[874]
effective way to curb
[875]
inflation because the money isn't
[876]
affecting as many transactions
[879]
it's punitive but the party in charge
[881]
isn't cared about it doesn't care about
[882]
inflation
[883]
they don't care if it's harder for you
[884]
to get gasoline or buy dinner
[887]
they're just upset that you feel
[888]
entitled to drive your vehicle to work
[890]
on their roads
[892]
i do think that given the preference
[896]
i and probably many others would like to
[898]
see
[899]
the gasoline tax raised
[903]
as you know that has been talked about
[906]
for decades
[907]
and unfortunately americans have become
[910]
so accustomed to the low
[911]
gas prices and even though i was
[913]
challenging anybody if they go
[914]
leave wherever they are right now
[916]
looking at this at your show to go out
[918]
and ask 10 people
[919]
how much they pay in in the federal
[920]
gasoline taxes they can't tell you
[922]
they won't be able to tell you until a
[924]
number is put out there when somebody
[925]
says we're going to raise the taxes
[927]
in order to to pay our infrastructure
[929]
costs or the rebuilding by
[930]
infrastructure
[931]
and then all of a sudden somebody will
[932]
start waging a war
[936]
yeah so the real problem with america is
[939]
gas prices are too low
[941]
so people who don't live in cities
[943]
people who drive for a living just
[944]
aren't paying enough that's the problem
[946]
and those ungrateful americans don't
[947]
even know it
[950]
what's going on here trillions of
[952]
dollars
[953]
changing hands this is looting
[957]
just as their supporters in minneapolis
[958]
last summer the biden people are looting
[960]
the country they have done nothing to
[962]
build america not one thing susan rice
[964]
barack obama ron clean
[966]
the rest of these people making these
[967]
decisions have not created a single
[969]
thing
[970]
they are not creators they are takers
[972]
and they've gotten rich from doing it
[973]
how much does susan rice make in the
[974]
last four years how did you get that
[976]
money
[977]
they're just stripping the course corpse
[979]
and when it falls apart they'll be gone
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