Morse Blasts Biden, Hassan Plan for Largest Tax Increase in History

June 21, 2022

Salem, NH - Granite State Small Businessman and Candidate for U.S. Senate Chuck Morse put out the following statement calling out Joe Biden and Maggie Hassan for their plan that calls for the largest tax increase in history:

“As inflation and higher energy costs drive a recession caused by Joe Biden and Maggie Hassan’s policies, Joe Biden further seeks to destroy our economy by proposing the largest tax increase in history. It’s the out of control federal spending that needs to be curbed, not the wallets of Americans by enacting through the back door the largest tax increase in American history. Our economy needs permanent tax relief, and my plan would make President Trump’s Tax Cuts permanent. These are serious times and unfortunately D.C. has unserious leaders in Joe Biden and Maggie Hassan. The key to getting our economy back on track is to send a new 51st Senator from New Hampshire who will fight for economic prosperity - when I’m in the U.S. Senate I’ll fight for all Granite Staters, not fall in line like Maggie Hassan has 98% of the time."

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BACKGROUND:

President Biden recently told reporters he's still eyeing tax increases and phasing out President Trump's signature Tax Cuts and Jobs Act in a doomed effort to fight inflation:

“We also can move in a direction that we can provide for tax increases … on those in the corporate area as well as individuals as it relates to [former President] Trump’s tax cuts.” - President Joe Biden

https://thehill.com/homenews/administration/3529843-biden-after-taking-with-larry-summers-says-recession-not-inevitable/

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