Group urges Kinzinger to oppose infrastructure bill
Send a link to a friend
[October 06, 2021]
By Kevin Bessler
(The Center Square) – As Washington
continues to haggle over an infrastructure bill, a free enterprise
organization is targeting Congressman Adam Kinzinger’s Illinois district
to voice opposition to the package.
The group Club for Growth recently bought television ads in Illinois’
16th congressional district opposing the over $3 trillion tax increase
proposed in the reconciliation bill. The ad was called “Pickpocket” and
ran for one week.
“Washington is out of touch with America,” Club for Growth President
David McIntosh said. “Republicans need to realize that their
constituents will roundly reject the out-of-control spending and $3
trillion increase in taxes.”
The Joint Committee on Taxation estimates the tax changes would raise
more than $2 trillion in revenue over 10 years, with roughly $1 trillion
in tax increases from high-income Americans and nearly $1 trillion in
corporate and international tax reforms.
Because the bill is opposed by Republicans, Democrats are trying to
enact it through a budgetary process called reconciliation, solely with
Democratic support. But this would require a “yes” vote from every
Senate Democrat, and two of them, Kyrsten Sinema and Joe Manchin, say
they won’t support it unless the price comes down.
The legislation would fund numerous things from free community college,
the expansion of Medicare, and paid family and medical leave.
[to top of second column]
|
In this image from video, Rep. Adam Kinzinger, R-Ill., speaks as the
House debates the objection to confirm the Electoral College vote
from Pennsylvania, at the U.S. Capitol early Thursday, Jan. 7, 2021.
House Television
It could also use tax credits and other incentives to
encourage the adoption of green energy and the construction of
infrastructure more resilient against severe weather. Democrats say
they plan to offset the sending with tax increases on corporations
and the wealthiest Americans.
The corporate tax rate would rise from 21% to 26%, and the top
income tax rate for Americans making over $400,000 would increase
from 37% to 39.6%. The top capital gains rate would go from 20% to
25%.
Illinois U.S. Sen. Tammy Duckworth told the Paul Simon Policy
Institute at Southern Illinois University the package must be
approved for the United States to remain a global leader.
“How do we compete with the likes of South Korea, Germany and China
if we don’t have world-class infrastructure, so we need to do that,”
Duckworth said.
Democrats say they hope to pass President Joe Biden’s economic
agenda by the end of October.
|