The "Inflation Reduction Act" won't reduce inflation, but it will increase your chances of getting audited. We dive deep into the left's weaponizing of the IRS with 87,000 new agents. Also, Palestinians are killing their own children, so no surprises there. And LwC takes a stand for Common Sense Car Reform!

YOU NEED TO KNOW: The Democrats' Plan to WEAPONIZE the IRS Against YOU!! | Louder with Crowderwww.youtube.com

IRS IS COMING FOR THE MIDDLE CLASS

• On Sunday, VP Kamala Harris cast her vote breaking a 50-50 Senate tie, and officially passed a bill called the Inflation Reduction Act of 2022. SOURCE: YouTube

THE BILL IS A GIANT PORK BARREL FOR DEMOCRATIC SPECIAL INTERESTS.

• $272.5 million to Native communities for climate resilience and adaptation, including: SOURCE: Senate.Gov
  • $150 million for Tribal home electrification.
  • $10 million for Tribal fish hatcheries.
• $2B grants for domestic production of green vehicles.
• A $4,000 credit to buy a used “clean” car.
• So, I wonder why Manchin changed his mind…
• Joe Manchin was also promised support for the Mountain Valley Pipeline in his home state of West Virginia. SOURCE: NYT
  • “NextEra Energy, a utility giant and stakeholder in the Mountain Valley Pipeline, is a top donor to both Mr. Manchin and Senator Chuck Schumer, Democrat of New York, who negotiated the pipeline side deal with Mr. Manchin.”
• Now let’s look at some of the insane claims Dems are making about this bill.

CLAIM #1: The bill will reduce inflation.

• TRUTH: No, it won’t. It will do the opposite.
  • Over 230 economists say it won’t reduce inflation.
  • According to the Penn Wharton Budget Model: SOURCE: PennWharton
    • “The Act would very slightly increase inflation until 2024 and decrease inflation thereafter.”
    • “These point estimates are statistically indistinguishable from zero, thereby indicating low confidence that the legislation will have any impact on inflation.”
  • This isn’t some kind of right-wing talking point either.
  • Take it from Bernie saying the same thing. SOURCE: Twitter
• The bill’s $300M deficit reduction will not be powered by spending cuts, but tax hikes. SOURCE: WSJ
  • Half of all new taxes will be paid by manufacturers.
  • This won’t reduce demand, but it will reduce supply.
    • PRICES WILL BE PASSED ON TO CONSUMERS
  • This happened in the 60s and 70s when: SOURCE: WSJ
    • “higher taxes on corporate profits and individual incomes contributed to inflation by depressing investment and productivity growth.”
• In 1981, it was Reagan’s supply-oriented TAX CUTS that brought inflation down. SOURCE: Heritage
  • 1980: 13.5% → 1983: 3.2%

CLAIM #2: The bill will only affect the richest Americans.

• TRUTH: The bill is DESIGNED to come after the middle class.
  • The “Inflation Reduction Act” bill includes $80B in new funding for the IRS. SOURCE: WSJ
• The bill earmarks $45.6B for enforcement mechanisms like:
  • litigation
  • criminal investigations
  • investigative technology
  • digital asset monitoring
  • a new fleet of tax-collector cars
• Dems say the bill will raise $200B in new revenue. But where will it come from?
• Remember Joe Biden saying this shortly after taking office? SOURCE: YouTube
  • Well according to the Joint Committee on Taxation: SOURCES: WSJ, Senate
    • “78% to 90% of the money raised from under-reported income would likely come from those making less than $200,000 a year.”
    • “Only 4% to 9% would come from those making more than $500,000.”

CLAIM #3: This bill will reduce the price of prescription drugs by allowing the government to negotiate drug prices.

• TRUTH: Yes, but…. The TRUTH is:
  • In July 2020, Trump signed multiple executive orders aimed at lowering drug prices including: SOURCE: CNN
    • Allowed importing drugs from Canada
    • Based the costs of US drugs off their price internationally
    • Capped co-pay on insulin at $35 monthly
• HOWEVER, in Feb. 2021, Biden halted Trump-era regulations that were aimed at lowering drug prices. SOURCE: CNN

PALESTINIANS KILL THEIR OWN CHILDREN IN ROCKET STRIKE

• A three-day conflict in Gaza has resulted in the death of 44 people, including children. SOURCE: YouTube
• It turns out, the rocket was a failed launch by Islamic Jihadist militants. SOURCE: TimesofIsrael
  • The IDF uploaded a video showing the failed missile. SOURCE: Twitter
• The internet blew up blaming the Israelis for killing children in Gaza.
  • Al Jazeera tweeted: SOURCE: Twitter
    • “Israeli attacks on Gaza have killed 29 people, including six children and four women in the besieged Palestinian enclave.”
  • And Rashida Tlaib tweeted: SOURCE: Twitter
    • “The lives of the Palestinian people are not disposable. The fact that our country continues to ignore & fund the aggressive violence and killing of Palestinian lives, especially children just enables more death.”
    • “It is not okay to keep looking away. It's actually sickening.”
• Let’s take another look at those Tweets from Al Jazeera and Tlaib that are still up. SOURCES: Twitter, Twitter
  • According to Twitter’s crisis misinformation policy, Tweets may be tagged with a warning notice if they include: SOURCE: Twitter
    • “False allegations regarding use of force, incursions on territorial sovereignty, or around the use of weapons.”
• Neither or these Tweets or the countless other similar ones have this warning.
  • However, Tweets like this are being labeled misinformation. “A pressing question: why are they trying so hard to get every single person on the planet vaccinated with an i.n.e.f.f.e.c.t.i.v.e. vaccine???”

COMMON-SENSE CAR CONTROL NOW!

• There were 19,445 total firearm deaths, not including suicides, in the US in 2020. SOURCE: PEW
  • But there is a real epidemic in the US, and it’s random car violence, and it’s out of control.
  • The National Highway Traffic Safety Administration estimated that 42,915 people died in motor vehicle crashes in 2021. SOURCE: NHTSA.
  • This is why I’m calling for common sense car control. SOURCE: YouTube
    • More than 2x the number of firearm deaths.
    • 2021 was a 10.5% increase over 2020
      • AND 2021 marked a 16 year high not seen since 2005.
    • 7,485 of those deaths were pedestrians! SOURCE: GHSA
    • Between 2018 and 2020, the percentage of fatalities among children doubled from 5.8% to 11.9%!
• Politicians are intimately involved in these acts of violence, and that’s why they refuse to act on it.
• Most recently, Paul Pelosi pleaded not guilty in relation to DUI charges. SOURCE: KXAN
  • On May 28, Pelosi wrecked his car with a blood alcohol level over 0.08%. SOURCE: KXAN
• Even former vice president Joe Biden made light of DUI while on the campaign trail in 2020. SOURCE: YouTube
  • Beto O’Rourke is a big fan of Biden’s position. SOURCES: Reuters, TexasTribune
• Ted Kennedy infamously killed 28-year-old Mary Jo Kopechne after sending his vehicle off the Dike Bridge on Chappaquiddick Island. SOURCE: History
• This isn’t surprising considering United Auto Workers' political donations. SOURCE: OpenSecrets
  • In 2022, $1.3M to Democratic candidates.
  • 99.9% of the union’s total contributions.
• Democrats are in the pocket of the Auto Unions!
  • This is why there is no legislation making it possible to sue manufacturers when someone wields one of these death machines against others.

CANDIDATE FINANCES CAMPAIGN WITH ONLYFANS

• Martha Bueno, a Libertarian candidate for Miami-Dade Commissioner is using OnlyFans to raise campaign funds. SOURCE: TikTok
• Bueno told Narcity, SOURCE: Narcity
  • “OnlyFans is a platform known for its dirty content. What is dirtier than politics? Absolutely nothing.”
• Narcity said of her content: SOURCES: Narcity, OnlyFans
  • “The candidate says it’s up to the viewer’s eye if they feel it’s risque. However, one of her videos was removed from the app before it even went public.”
• In response to the video’s removal, Bueno said, SOURCE: Narcity
  • “I guess some of my content is too spicy for OnlyFans.”

MISC.

• This woman wants her university to police speech so she doesn’t get misgendered.

The Louder with Crowder Dot Com Website is on Instagram now!Follow us at @lwcnewswire and tell a friend!