With Manufacturing Supply Chain Still Under Strain, New Tax-and-Spend Bill “Threatens Higher Bills for Manufacturers” Leading to Massive Job and Wage Loss
Washington, D.C. – America’s supply chain is still under strain, just one of many crises Joe Biden and Washington Democrats created and have failed to fix. For instance, Axios reports “about 20% of all types of baby formula remained out of stock” last month.
But Senate Democrats are prepared to ram through an over $300 billion tax increase in their new partisan spending bill that would not only raise taxes on the middle class, but as reported by the Wall Street Journal, “nearly half the revenue would come from manufacturers” as those that produce goods in America struggle to get their supply chains back to normal.
What would happen to America’s workers and their families if this bill were to pass? According to the National Association of Manufacturers, “in 2023 alone the impact would include 218,108 fewer workers in the overall economy” and “a labor-income decrease of $17.11 billion.”
It’s time to ask vulnerable Senate Democrats like Michael Bennet, Catherine Cortez Masto, Maggie Hassan, Mark Kelly, Patty Murray and Raphael Warnock: Why do you support this Made-in-America tax that would hurt workers and job creators already impacted by the supply chain crisis?
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