Mike Palicz
@Mike_Palicz
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Director of Tax Policy @taxreformer
Joined August 2014
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The word "bridge/bridges" appears exactly 1 time in Biden's "Build Back Better" bill.
"Tax" appears 1,353 times
"Fees" 66 times
"Equity" 32 times
"Climate" 111 times
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Those 87,000 new IRS agents that you were promised would only target the rich...
They're coming after waitresses' tips now: "monitoring of employer compliance based on actual annual tip revenue and charge tip data from an employer's point-of-sale system."
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Gorsuch really rips into Cuomo here:
“So, at least according to the Governor, it may be unsafe to go to church, but it is always fine to pick up another bottle of wine, shop for a new bike...Who knew public health would so perfectly align with secular convenience?”
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Welp, turns out Dems were lying to you about "no new audits."
New JCT estimates are out & turns out 78-90% of money raised from new auditing will come from tax filers reporting less than $200K.
Only 4-9% would come from those earning more than $500K
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Just in time, CBO comes out with an updated, dramatically worse score for the “Inflation Reduction Act.”
CBO finds the Dem bill will *increase* the deficit through 2026.
Oh, and the IRS will take an extra $60B from taxpayers via increased audits than previously estimated.
Estimated Budgetary Effects of Public Law 117-169, to Provide for Reconciliation Pursuant to Title II of S. Con. Res. 14
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@greg_price11
On day 2 of Russia’s invasion, Biden hit the pause button on ALL federal oil and gas drilling leases.
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Privileged to be in Hong Kong today for the
#HongKongElections
. Thank you to
@Stand_with_HK
for inviting me to join as an independent election observer.
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"We have done our part."
Jean-Pierre on rising gas prices: "We have done our part ... we need [oil refineries] to act."
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Dems will “fight inflation” by sending the IRS to audit you until they find $124 billion
Dems will "fight inflation" by raising taxes on businesses who will in turn raise prices.
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No person on the planet has done more for climate and oceans than Kerry. If there were a climate Nobel he should win it.
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Dems can't tell us the origin of the coronavirus, or why the IRS destroyed 30 million active taxpayer documents. But at least they used Oversight to harass NFL owners who donate to Republicans.
Sources tell me based on initial reaction to the report some believe the report will not include much, if anything, that hasn’t been reported before. Also hearing the GOP Committee members are releasing their own report.
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NEW: CBO finds at least $20B from new audits is from filers earning less than $400K:
“Preliminary assessment indicates that amendment 5404 would reduce the ‘non-scorable’ revenues resulting from the provisions of section 10301 by at least $20 billion"
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@ComfortablySmug
Journos: “It’s unclear if Ilhan Omar is Houdini or just a playacting liar.”
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AOC, Defender of the Proletariat:
- forced her makeup artist to go to collections for payment.
- threatened with a Dept. of Labor complaint by her hairdresser.
- A full year and an ethics investigation to pay her $4600 hotel room.
"AOC solicited and procured a gift worth nearly six figures from a regulated corporate entity, and then colluded with the corporation and the museum to lie about it."
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Good to see Dem staff going into the office for a change
HAPPENING NOW: We’re asking Senator Schumer to negotiate like this is the coldest summer of the rest of our lives (it is).
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Outright gaslighting from the Washington Post here, claiming gas prices were falling prior to Ukraine.
Gas prices increasing for 8 straight weeks, now avg $3.62/gallon according to
@EIAgov
. Gas at $2.46 when Biden took office, hit $3.50 in Nov. before any Russian troop movements
U.S. economy appeared ready to surge, but Russia’s invasion of Ukraine could send shockwaves
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Republican voters are begging candidates to talk about the economy.
"Economic issues, such as inflation, jobs, and taxes" are the top issue among SC GOP voters by a *39* point margin. Populist issues coming in at just 7%.
Populism is the new DC bubble issue, folks.
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@ComfortablySmug
@robbysoave
“My lib friends think Romney is the least objectionable Republican. They still wouldn’t vote for him, but they said they could see themselves staying friends with me if I did.”
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You’re paying $5 for gas and Sheldon Whitehouse wants new energy taxes to subsidize the EVs of his fellow all-white beach club members.
We could get a climate package via reconciliation with most of the Finance tax credits, the EPW methane price, and a border adjustment; which we probably need to do before August recess.
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Unbelievable. Psaki outright states it was Biden Admin’s policy to enact a federal ban of new drilling leases & only shifting now due to court ruling.
This after they spent all of 2021 arguing Rs were crazy for calling it a ban b/c it was just a pause for review of the program!
Psaki on restarting the sale of oil leases on public lands:
"We need to move to a more clean energy economy...we don't feel they are needed."
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On the streets of Hong Kong we have a high energy pro-democracy candidate vs the low energy establishment candidate.
#HongKongElections
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@redsteeze
@GlennKesslerWP
Hey
@GlennKesslerWP
look, it's the Washington Post's bill analysis from August 9th:
"That funding includes plans to increase IRS staff by nearly 87,000 full-time employees over that same time period."
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Joe Manchin spent 8 months saying his top concerns are gas prices and inflation and now he's backing a $25 billion crude oil tax pegged to inflation!
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Gas prices increased by $1.62 per gallon since Klain fired off this tweet.
I wonder why?
Gas prices are down somewhat; they are projected to come down more...
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10 Examples of Woke, Wasteful Spending in Manchin-Schumer Bill
Dem bill raises your taxes to pay for:
- Tree Canopy Coverage in Underserved Communities
- EV Garbage Trucks
- $3B “Climate Justice” Slush Fund
- Improving the Walkability of “Greenways”
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"I've asked the FTC to investigate who shut down the Keystone pipeline, banned new fracking and closed off the gulf to new leasing."
President Biden: "I've asked the FTC to consider whether potentially illegal and anti-competitive behavior in the oil and gas industry is causing higher prices for consumers, so we can assure the American people are paying a fair price for the gasoline."
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Coming soon to a power grid near you
.
@California_ISO
says it expects to declare a Stage 3 grid emergency around 5:30 p.m. That could be followed shortly by rolling blackouts.
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@redsteeze
Just a draw dropping "update" from WaPo to stick at the bottom of a fact check that claimed to debunk a story.
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@ComfortablySmug
It’s a great bill for rich libs who can afford $30K solar panels on their second home to charge their $60K Tesla.
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@ComfortablySmug
Sweeney is losing to
@edwarddurr1
, a commercial truck driver who spent $153 on his campaign.
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@ComfortablySmug
Imagine the media if Mark Meadows just retweeted that it's the "ultimate work-around" to your rights
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@ComfortablySmug
Here's the inflation story: Gas prices dropped b/c demand dropped - down 1.24 million barrels/day compared to last year. We're in July of 2020 Covid levels of demand because people can't afford to go anywhere!
That's what the Left is celebrating today.
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The Biden Admin is just incredible.
Buttigieg, who serves a 79-year old President, thinks pilots over 65 should be forced to retire:
“The answer is not to keep the baby boomer generation in the cockpit indefinitely.”
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This is a lie from the Press Secretary and easily fact-checked. I'm sure journos will rush to point this out.
Cost of gas this week in June 2018 was $2.83/gallon. At this moment it is $3.07/gallon.
In June 2019, it was $2.65/gallon.
You forgot to mention that gas prices are the same now as they were in June 2018. Or that this time last year unemployment was 11.1% -- today it’s 5.8%.
@POTUS
agrees families shouldn’t pay more at the pump – that’s why he’s opposed to GOP proposals to raise the gas tax.
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Guys, just read the Inflation Reduction Act closely.
CBO’s analysis directly contradicts claims from the Biden White House and Congressional Democrats that the IRS would perform “no new audits” on anybody making under $400,000 per year under their proposal to spend $80 billion to supersize the IRS.
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@lee_kovarsky
You're a disgrace.
NEW:
@NRO
has obtained an email from
@Columbia
COO Cas Holloway to
@ShaiDavidai
telling the professor he is "not permitted to enter the West Lawn," citing "the obvious risk to the safety of students and other members of our community."
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Can't make this up, Dems want to raise your taxes to pay for the salaries of journalists.
"Eligible" newspapers as defined by Dems would receive a credit up to 50% of a journalist's wages for the first 4 calendar quarters and 30% each quarter after.
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SANTA ANA, Calif. (AP) — Authorities: Gunman in deadly attack at California church was Chinese immigrant motivated by hate for Taiwanese.
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Two corrupt Dems claim the Trump IRS targeted them and Treasury completes an investigation in under 5 months.
Meanwhile it's been 541 days since ProPublica published a trove of stolen taxpayer files and Treasury hasn't said a word. Priorities of the Biden Admin on display.
FACT CHECK: Liberal media pushed the conspiracy theory that Trump ordered audits of Comey and McCabe.
IRS watchdog just destroyed that narrative
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.
@jaketapper
is ripping Biden’s speech:
“The promise was much broader once…they’ve been narrowing & narrowing the people getting out. These promises are still being made but when you talk to people on the ground, Afghan SIV holders are not being let into the airport.”
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“I’ve got a pen, a phone, and an all-white beach club.”
With legislative climate options now closed, it’s now time for executive Beast Mode.
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Manchin now dismissing JCT and Penn-Wharton analysis - Manchin told Politico in November that Penn-Wharton was his go to model
Manchin says he plans to talk to Sinema today and says he didn’t talk with her through negotiations because he didn’t think deal would come to fruition. Also discounts analyses showing bill would have little impact on inflation and JCT report about tax hikes. “Agree to disagree”
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Manchin-Backed Energy Tax Hikes Raise Gas Prices, Violate Biden’s Tax Pledge
$21B in energy tax hikes in this bill:
- Crude oil tax that will raise gas prices.
- Nat Gas tax that will raise home-heating costs
- Coal tax that will raise energy bills
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@TPCarney
The story isn’t “Buttigieg took paid leave.” It’s that a cabinet secretary was MIA for two months and the Biden administration didn’t tell the public.
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Major style points here.
@KariLake
signs the Taxpayer Protection Pledge with Grover and a bald eagle as her witness.
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@ComfortablySmug
John Kerry must think paying taxes on his 76-foot yacht also causes emissions.
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Biden's in office for less than 5 months and the IRS is already illegally targeting individuals for political ends.
Biden wants to shovel $80 billion more to the IRS so these creeps can audit you and air your laundry.
IRS illegally leaking confidential taxpayer information to a liberal nonprofit in an attempt to build support for Biden tax hikes should be the lead story everywhere. Are they ever going to clean up that rat's nest?
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Reporters should ask
@PressSec
about this since Biden keeps touting SPR releases:
"More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month."
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Who’s gonna tell him?
The conservative movement must stop defending free markets (though it is a good) and start defending the American family for which the free market was created to serve.
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“It is hard to capture how thoroughly Trudeau has misjudged the moment…
That the elites—the people who have Zoomed their way through the pandemic—had better start paying attention to the fentanyl overdoses, the suicides, the crime, the despair. Or else.”
There's a diverse group of truckers and protesters, vaccinated and unvaccinated, and of many different ethnicities and backgrounds, at Freedom Convoy. Their stories haven't been told. I meet some of the people at the protests and try to tell their stories.
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Absolute scumbag move. Manchin waited until Rs moved CHIPS, giving up their leverage and then reversed course the very minute they passed it.
Should be a lesson for every R not work with Dems.
The White House tells me they have a deal with Manchin. This is real. Build Back Manchin is back. Reconciliation has expanded.
More details soon.
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Who among us doesn’t have Swiss gold bullion stuffed in their Senate windbreaker?!?
Per the Menendez indictment: Over $480,000 in cash—much of it stuffed into envelopes and hidden in clothing, closets, and a safes — were found in the home.
Some “envelopes were found inside jackets bearing MENENDEZ’s name”
They also found bars of gold
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Bad day to have your business model built on losing and bitching.
I’m sure Chevron repeal, like Roe, will play out exactly as con inc hopes.
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Well there goes the "Dems aren't restricting American energy development" messaging.
Raising energy prices to discourage use is the goal of the Left's climate agenda. Feature not a bug.
SCOOP: House liberals to urge Biden to declare climate emergency, ban drilling on federal lands as part of a sweeping executive order plan to be released by
@USProgressives
this week
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@ChristinaPushaw
“Okay but what about the $4.8 million Hunter took from the Chinese government to share non-public information about a DOJ investigation into bribery charges of a Chinese exec?”
“I said watch Bridgerton!”
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From Harvard-Harris Poll w/ Biden at 39% Approval:
"Two thirds of voters want Biden to relax climate change policies and loosen regulations on domestic drilling of oil and gas. Today, more than three fourths of voters support restarting the Keystone pipeline to alleviate costs."
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- Most expensive Christmas gas prices EVER
- WH pushing a $13 billion crude oil tax.
- WH pushing royalty rate tax hikes on production
And Klain is trying to take credit for a seasonal decline in gas prices that was *revised upwards* in the report the WH itself is pushing.
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Here we go. Dems want to sic the IRS on small businesses owners to expand Obamacare spending.
Inflation and now a recession, but Dems are focused on cracking down on main street.
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Trump's call for tax-free tips now has bipartisan support. Both Nevada Dem Senators joined yesterday as cosponsors.
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@ComfortablySmug
Can't wait until October when Dems take credit for a recession as being tough on inflation and the media will just go along with it.
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Dems want to spend $1 billion on electric garbage trucks.
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@mattklewis
Oz used kid gloves all night. The only bully in that debate was Fetterman’s wife who wants to be a Senator so badly she let her stroke victim husband take that stage.
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New letter out now from conservative movement leaders opposed to the motion to vacate.
Signers include
@newtgingrich
,
@GroverNorquist
,
@sbaprolife
,
@ALEC_Action
,
@FRCdc
,
@IWV
,
@AmerCom
,
@EagleForum
,
@FaithandFreedom
,
@StudentsforLife
,
@AEA
,
@AUL
,
@theMRC
,
@CUFI
& many more below
Conservative Movement leaders oppose the motion to vacate Johnson.
"We are just one House seat away from united Democrat rule in Washington and an unchecked return to the disastrous policies of the Biden administration. This cannot be allowed to happen."
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The libs in DC have fully broken their brains. This sign is on every single traffic light in Logan Circle.
The fantasyland you have to live in to ignore who the current President & party in charge is. Look at a single poll.
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So it turns out people facing a 56% increase on their electricity bills don’t want a pair of socks from a renewable supplier telling them about their carbon footprint. They only want affordable energy from their energy supplier.
Weird.
British energy supplier E.On has been forced to backtrack after complaints that it trivialized the impact of the energy crisis on consumers—by sending customers polyester socks
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@brad_polumbo
Can we please get on the same page that the Biden administration not telling the public that a cabinet secretary is out for two months is a scandal?
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Lmao, the FAA would like you to know ahead of time to not blame Buttigieg.
The FAA "does not cancel flights," it's just the cause of your flight being canceled.
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@lee_kovarsky
Columbia cannot guarantee the safety of its Jewish students who have endured calls for their annihilation from vile anti-semites. You wave away explicit calls and acts of violence as "unpopular conduct" and support labeling the Jewish professor as the threat to students' safety.
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Co-chair of the Biden climate task force right here.
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@ComfortablySmug
Biden on 12/10/2021: "I think it's the peak of the crisis.”
No one should trust Dems to spend more of their money.
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