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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:

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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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MUST SEE: Brave Alaskan Helps Baby Moose Navigate Highway Barrier

Normally, stories about moose on the highway don’t end this well.

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Alaska is a state like no other.  It’s still a veritably untamed place, where the weather and the wildlife are both out to get you. It takes a special kind of person to hack it in America’s last frontier.  A simple run to the grocery store can be hazardous in some conditions, and just taking the garbage out at night may find you face-to-face with hundreds of pounds of brown bear. But ask any Alaskan what they hope to avoid the most, and many will tell you it’s the moose that you have to worry about. These creatures are simply enormous, and they have just enough of an attitude to be more than a nuisance when confronted.  Combine that with the fact that plenty of Alaskans are killed each year after automotive collisions with these gargantuan animals, and you have a real recipe for trouble. This week, however, a different sort of moose story made headlines, and with some adorable photos to show for it. Last week, pictures of a man in Alaska lifting a moose calf over a highway guardrail were posted on Facebook. According to Andrea N Salty Bock, who posted the pictures on Facebook, the calf and its mother were near Clam Gulch, on the Kenai Peninsula. The mother was apparently trying to get her baby to go over the guardrail, but it was too tall for the calf. “Traffic stopped to give her the room she needed,” the Facebook post said. “But the calf could not clear the guardrail.” The photos were captivating. Authorities, while thankful that the moose was able to continue on its way, warned that the situation was still a dangerous one, despite the size and age of this animal.

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Biden, Putin Appear Ready to Make Deal on Cyber Criminals

Well, it’s a start.

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Vladimir Putin

Of all of the ways in which this latest iteration of the Cold War has manifested itself in recent years, the insidious actors of the digital dimension may very well be the most prominent here in the 21st century. Notably, the den of online thieves and troublemakers who emanate from Russia, and often choose to target individuals and businesses in America.  In the past several weeks alone, hackers with ties to Russia have crippled a gasoline pipeline on the east coast of the United States and the world’s largest meatpackers. Now, as US President Joe Biden and his Russian counterpart Vladimir Putin look for ways to improve the ailing relationship between their two nations, a novel idea has risen in popularity. President Joe Biden signaled an openness to swapping cybercriminals with Russia ahead of his meeting with Russian President Vladimir Putin on Wednesday. “Yes, I’m open to, if there’s crimes committed against Russia that, in fact, people committing those crimes are being harbored in the United States, I’m committed to holding them accountable. I was told as I was flying here that he said that. I think that’s potentially a good sign of progress,” Biden said at a post-G-7 summit press conference in the United Kingdom on Sunday. Putin had raised the possibility during an interview over the weekend. “If we agree on the extradition of criminals, then Russia will naturally do that but only if the other side, in this case, the United States, agrees to the same and will also extradite corresponding criminals to the Russian Federation,” Putin said according to Russian news agency TASS. Of course, given that Russia has a history of neglecting the human rights of her prisoners, there is sure to be some pushback regarding the idea of sending “innocent until proven guilty” perpetrators…

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