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Democrats Float Bill to Add 95% Tax On Life-Giving Medicines

Liberals say they are “for the little guy?” Well, their proposed 95% tax on life sustaining medicines sure won’t help.

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Remember how liberals say they are “for the little guy?” Well, their proposed 95 percent tax on life sustaining medicines sure won’t help the little guy very much.

The greedy, left-wing party hungry for your money at the expense of your health are desperate to find new ways to steal your money.

Democrats want to make common medicines cost much, much more. Per the Washington Examiner:

It’s amazing what controlling Congress with a tiny majority will do for confidence. The top personal income tax rate, which is also the tax rate paid by successful small businesses such as LLCs, sole proprietors, partnerships, and S corporations, would rise from 37% to 43.4%. The corporate tax rate would go up from 21% to 28%, close to the highest rate in the developed world. The capital gains tax rate would rise from 23.8% today all the way to 43.4% for higher earners. A second, “double death tax” would be created by taxing people on their unsold investments at death, assets that would then still be subject to the 40% death tax. Some Democrats are even grumbling that their leaders won’t try for even more tax increases on top of these, such as a gas tax hike or a carbon tax.

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Then there’s H.R. 3, the crown jewel of healthcare legislation coming out of Pelosi’s slim majority. The bill imposes government price controls on 250 of the most common prescription medicines, including insulin. In order to make sure that the price control is adopted, the government gives an “option” for the drug to be subject instead to a brand new 95% drug tax. Since people ultimately pay taxes, the 95% Pelosi Drug Tax will fall directly on consumers of prescription medicines, notably seniors.

Behind door No. 1 is a price control that will lead to scarcity, government rationing, and less money for the next miracle vaccine. Behind door No. 2 is a 95% tax on prescription medicines, immediately doubling the price of drugs at your local pharmacy. Either of these bad options would immediately turn the pharmaceutical industry into a bought-and-sold subsidiary of big government, like the electric company or the post office or Amtrak.

So, Biden wants to force the drug industry into ruinous price controls and he is using the weapon of a ruinous tax rate to force them under government control.

Well, that’s pretty democratic, huh?

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston.

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PUTIN POKES THE BEAR: Russian Troops Move Toward Ukraine as World Warns

There may be no peaceful end to this situation.

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While it has long been understood that Vladimir Putin is a figure representing chaos on the world’s stage, (whether covertly or proudly), the sort of trouble that he’s stirring up this week won’t likely have a peaceful end.

Putin appears hellbent on finding a way and a reason to take Ukraine back under Russian control.  The tiny nation, rich in natural gas and other resources, is far too minuscule to put up a fight, and so it will be up to the rest of the world to deter the Kremlin.

And despite a number of unmistakable warnings, Putin appears unfazed.

Russia is a sending an unspecified number of troops from the country’s far east to Belarus for major war games, officials said Tuesday, a deployment that will further beef up Russian military presence near Ukraine amid Western fears of a planned invasion.

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Amid the soaring tensions, the White House warned that Russia could attack its neighbor at “any point,” while the U.K. delivered a batch of anti-tank weapons to Ukraine.

Russia’s Deputy Defense Minister Alexander Fomin said the joint drills with Belarus would involve practicing a joint response to external threats.

Ukrainian officials have warned that Russia could launch an attack on Ukraine from several directions, including from its ally Belarus.

As for any attempts to stop the Russian invasion?  They were squashed when a well-known Putin mouthpiece announced on television that any push to keep Putin from getting what he wants could end in the opposition being turned into “radioactive dust”.

 

While it has long been understood that Vladimir Putin is a figure representing chaos on the world’s stage, (whether covertly or proudly), the sort of trouble that he’s stirring up this week won’t likely have a peaceful end. Putin appears hellbent on finding a way and a reason to take Ukraine back under Russian control.  The tiny nation, rich in natural gas and other resources, is far too minuscule to put up a fight, and so it will be up to the rest of the world to deter the Kremlin. And despite a number of unmistakable warnings, Putin appears unfazed. Russia is a sending an unspecified number of troops from the country’s far east to Belarus for major war games, officials said Tuesday, a deployment that will further beef up Russian military presence near Ukraine amid Western fears of a planned invasion. Amid the soaring tensions, the White House warned that Russia could attack its neighbor at “any point,” while the U.K. delivered a batch of anti-tank weapons to Ukraine. Russia’s Deputy Defense Minister Alexander Fomin said the joint drills with Belarus would involve practicing a joint response to external threats. Ukrainian officials have warned that Russia could launch an attack on Ukraine from several directions, including from its ally Belarus. As for any attempts to stop the Russian invasion?  They were squashed when a well-known Putin mouthpiece announced on television that any push to keep Putin from getting what he wants could end in the opposition being turned into “radioactive dust”.  

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Starbucks Bucks Biden’s Vaccine Mandate in Latest Blow to Agenda

WOW!

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Joe Biden has not been having the smoothest first year in office, that’s for certain, and things are only getting a little rougher as the days go on.

Currently, one of the largest failures that the administration is dealing with comes from the constitutionality of their vaccine mandate.  Or, rather, it’s lack of constitutionality, as determined by the Supreme Court of the US.

And now, even one of the “wokest” companies in the nation can’t back the plan.

Employees at Starbucks are no longer required to be vaccinated against COVID-19.

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Roughly a week after the Supreme Court reversed President’s Biden workplace vaccine mandate, the coffee chain is following suit, according to The Associated Press.

“We respect the Court’s ruling and will comply,” Starbucks Chief Operating Officer John Culver wrote in a memo to employees.

Last week, the Supreme Court issued mixed rulings in a pair of cases challenging Biden administration COVID-19 vaccine mandates, allowing the requirement for certain health care workers to go into effect while blocking enforcement of a mandate for businesses with 100 or more employees.

Then came the lip service.

“I want to emphasize that we continue to believe strongly in the spirit and intent of the mandate,” Culver added. “Thank you to the more than 90 percent of partners who have already disclosed their vaccination status, and to the vast majority who are now fully vaccinated.”

With Starbucks opting out, there are no doubt other mega-corporations who will be following suit.

Joe Biden has not been having the smoothest first year in office, that’s for certain, and things are only getting a little rougher as the days go on. Currently, one of the largest failures that the administration is dealing with comes from the constitutionality of their vaccine mandate.  Or, rather, it’s lack of constitutionality, as determined by the Supreme Court of the US. And now, even one of the “wokest” companies in the nation can’t back the plan. Employees at Starbucks are no longer required to be vaccinated against COVID-19. Roughly a week after the Supreme Court reversed President’s Biden workplace vaccine mandate, the coffee chain is following suit, according to The Associated Press. “We respect the Court’s ruling and will comply,” Starbucks Chief Operating Officer John Culver wrote in a memo to employees. Last week, the Supreme Court issued mixed rulings in a pair of cases challenging Biden administration COVID-19 vaccine mandates, allowing the requirement for certain health care workers to go into effect while blocking enforcement of a mandate for businesses with 100 or more employees. Then came the lip service. “I want to emphasize that we continue to believe strongly in the spirit and intent of the mandate,” Culver added. “Thank you to the more than 90 percent of partners who have already disclosed their vaccination status, and to the vast majority who are now fully vaccinated.” With Starbucks opting out, there are no doubt other mega-corporations who will be following suit.

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