In a recent interview on Fox News, Rep. Jason Smith (R-MO) expressed concern over the Democrats’ spending habits and warned that taxes will inevitably increase if President Joe Biden gets his way. Smith acknowledged the financial struggles faced by many Americans, pointing to the rising inflation that has made it difficult for people to keep up with their expenses. Looking ahead, Smith predicted that the situation will worsen in 2024.
Jason Smith warns that higher taxes are coming if Biden 'has his way' https://t.co/wUnx4sRmw4
— Washington Examiner (@dcexaminer) November 27, 2023
According to Smith, within the next two years, several tax proposals are set to expire, leading to an increase in individual tax rates and cuts to various benefits such as the child tax credit and standard deduction. Smith highlighted President Biden’s budget proposals, which seek to implement over $3.5 trillion in tax increases on all Americans. As a conservative Republican, Smith firmly opposes such measures, emphasizing the negative impact they would have on hardworking Americans and small businesses.
Beyond the issue of taxes, Smith also weighed in on the House’s investigation into the Biden family’s connection with China. He expressed concern over President Biden’s apparent lenience towards China, particularly the lack of accountability for issues like intellectual property theft. Smith raised questions about the motives behind this approach, questioning why the administration is not taking a tougher stance on China. As a conservative news writer, it is evident that Smith believes the Biden administration is failing to prioritize American interests in its relationship with China.
Adding to the controversy surrounding the Biden family, Assistant U.S. Attorney Lesley Wolf of Delaware was recently subpoenaed by House Judiciary Committee Chairman Jim Jordan (R-OH) as part of investigations into Hunter Biden. Jordan explained that the subpoena was necessary because the Department of Justice had refused to allow Wolf to meet with him. This move highlights Republican concerns about the transparency and accountability of the Biden administration.
Overall, Rep. Jason Smith’s statements reflect the concerns of many conservative Republicans regarding tax increases and the Biden administration’s approach to China. As a conservative news writer, it is clear that these issues are of significant importance and warrant further investigation and discussion.