December 1, 2020

GOOD AND HARD: Biden OMB Pick Wants National Soda Tax.

Even Bernie Sanders came out against a soda tax.

During his 2016 presidential bid Bernie Sanders slammed Hillary Clinton’s endorsement of a soda tax. Sanders said:

“The mechanism here is fairly regressive. And that is, it will be increasing taxes on low income and working people.”

Sanders went on to note that Clinton’s embrace of a soda tax violated her pledge to the American people not to support any tax increase on Americans making less than $250,000 per year.

“Frankly, I am very surprised that Secretary Clinton would support this regressive tax after pledging not to raise taxes on anyone making less than $250,000. This proposal clearly violates her pledge,” Sanders said.

Needless to stay, this tax would violate Biden’s pledge to not raise a single penny of any tax on any American making less than $400,000 per year.

To borrow from Jim Geraghty’s recurring phrase during the Obama years, all of Joe Biden’s promises come with expiration dates.

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