Donald Trump Warns Biden ‘Wants To Give You The Largest Tax Increase In The History Of Our Country’

5 months ago

During a rally on Friday, in Chesapeake, Virginia, former President Donald Trump discussed tac increases.

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Transcript

00:00They say Donald Trump has a conspiracy theory. It's a conspiracy. No, it's not

00:05conspiracy. And by the way, if I were one of the presidents or dictators, as I call

00:11them, most of them are dictators, but they go under the term president. But I know

00:15them all very well. I would have been doing better than them. I would have had

00:18a hundred percent over in this country by now. They're emptying their prisons.

00:22You know what that is? They're emptying their mental institutions into our

00:25country. Do you know the money they save? The money is massive. And we have all

00:30the problems. Nothing good is going to come out. And we have ISIS terrorists. We

00:33have terrorists pouring into our country. Just bad, bad things are gonna

00:37happen. And it's all because of this incompetent president, the worst

00:41president in history. If he gets back in, Joe Biden has also vowed to pulverize

00:46Virginia families with the largest tax hikes in history. Congratulations. He

00:51pledged that the Trump tax cuts are, quote, going to expire. And if I'm

00:55elected, it's going to stay expired. That means he's going to raise your taxes by

01:00four times. It would be the largest. You know that, Lynn. He wants to give you

01:04the largest tax increase in the history of our country. It's gonna decimate

01:09Virginia, and it's gonna decimate every state. And it's not his fault. You'll

01:14have to take the heat. Maybe that's what they're doing. You'll have to take the

01:17heat. But they want to decimate because those tax cuts went more to the middle

01:22class and the lower class than to anybody else and the creation of jobs.

01:26But instead of a Biden tax increase, I will deliver a Trump and call it a

01:31Trump middle class tax cut. And all of my life, I said it last night. I've

01:38watched as politicians cut taxes. This guy wants to raise your taxes by four

01:44times. And people say, Oh, let's vote for him. I don't know. They don't use

01:49the term liberal anymore. They use the term progressive, you know, because

01:52it's a nice sounding word. I'm a progressive, but it's not a good word.

01:55It's a really bad word, and we will have a brand new Trump economic boom.

02:00We're gonna cut taxes. So we cut taxes substantially, massively the biggest

02:06X. And with a lower rate, we did much more business, much more revenue than

02:11we had before the cuts. In other words, we just did better. And Apple and

02:16Microsoft, all these companies were bringing their money back from offshore

02:20countries from other countries. They were bringing back into the United

02:24States because they essentially weren't allowed to from a practical standpoint

02:28because the tax was so high and the bureaucracy of doing it was almost

02:32impossible, they say. So we're going to do more tax cutting, and we're gonna

02:37have this country at a level that you've never seen it before. We're

02:40gonna, you know, under under foot under the ground. We have more liquid

02:44goal oil and gas than any country on Earth. And, you know, we had a thing

02:49called Anwar in Alaska. Ronald Reagan wanted to get it approved. He couldn't

02:54do it. Everybody wanted to get it approved. I got it approved the first

02:58week of Biden. They disapproved it. The greatest tax, the greatest reserves,

03:04they say, outside of perhaps Saudi Arabia could be greater than Saudi

03:07Arabia would have been so great for Alaska, but would have been great for

03:11this country. Massive, massive oil reserves, and they turned it down. These

03:17people are horrible. I've announced that as part of those tax cuts. I will

03:22eliminate all taxes on tips. A very simple statement. No taxes or tips. I

03:30got that idea the other night. I'm in Las Vegas, my place, which is a very

03:35nice place, having dinner with some people, big people, successful people

03:39talking about the future of the country, and they're very worried about it. And

03:43the waitress came over. I said, How are you doing? Been there for a long time,

03:46and she said, They're killing me on tips. I said, Really? They go after. He

03:50said, You have no idea. They just issued new regulations that make it

03:53impossible for us to live. And I was actually surprised to hear it. No taxes

03:59on tips.

04:05And when I announced that last week, you know, my phone's lit up. I never saw

04:09anything like that was the That was a very popular thing to announce, but

04:13it's a good thing. You're in the money. You keep the money. Every time you

04:16leave a tip for the next five months, make sure to write on the receipt. Vote

04:21for Trump for no taxes on tips.

Donald Trump Warns Biden ‘Wants To Give You The Largest Tax Increase In The History Of Our Country’

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