Trump Blasts Biden’s $2 Trillion Tax Hike: “Classic Globalist Betrayal” Of Americans, “Total Economic Surrender” To China

President Trump slammed Joe Biden’s $2 trillion tax hike proposal on Wednesday, calling it a “classic globalist betrayal” that will put “America last.”

Biden had unveiled earlier Wednesday a $2 trillion infrastructure package that would be financed by tax hikes on the middle class and companies, which Trump called a “radical” proposal that would “break the back of the American worker.”

“Joe Biden’s radical plan to implement the largest tax hike in American history is a massive giveaway to China, and many other countries, that will send thousands of factories, millions of jobs, and trillions of dollars to these competitive Nations,” Trump wrote in a statement.

INBOX: pic.twitter.com/yRwL5h69Oe

— Jenna Ellis (@JennaEllisEsq) March 31, 2021

“The Biden plan will crush American workers and decimate U.S. manufacturing, while giving special tax privileges to outsourcers, foreign and giant multinational corporations.”

Trump argued that Biden’s so-called “Build Back Better” proposal would only help Communist China at America’s expense.

“Biden promised he would ‘build back better’ — but the country he is building up, in particular, is China and other large segments of the world,” Trump continued. “Under the Biden administration, America is once again losing the economic war with China — and Biden’s ludicrous multi-trillion dollar tax hike is a strategy for total economic surrender.”

“Sacrificing good paying American jobs is the last thing our citizens need as our country recovers from the effects of the Global Pandemic.”

“Biden’s policy would break the back of the American Worker with among the highest business tax rates in the world,” Trump wrote. “Under Biden’s plan, if you create jobs in America, and hire American workers, you will pay MORE in taxes — but if you close down your factories in Ohio and Michigan, fire U.S. workers, and move all your production to Beijing and Shanghai, you will pay LESS. It is the exact OPPOSITE of putting America First — it is putting America LAST!”

“Companies that send American jobs to China should not be rewarded by Joe Biden’s Tax Bill, they should be punished so that they keep those jobs right here in America, where they belong.”

“This tax hike is a classic globalist betrayal by Joe Biden and his friends: the lobbyists will win, the special interests will win, China will win, the Washington politicians and government bureaucrats will win — but hardworking American families will lose,” Trump wrote.

“Joe Biden’s cruel and heartless attack on the American Dream must never be allowed to become Federal law. Just like our southern border went from best to worst, and is now in shambles, our economy will be destroyed!”

Biden’s $2 trillion infrastructure proposal would be funded by a corporate tax increase as well as a tax hike for individuals who make over $200,000 a year, contradicting Biden’s initial pledge to tax individuals who make over $400,000 a year.

“The White House says the largest chunk of the proposal includes $621 billion for roads, bridges, public transit, electric vehicle charging stations and other transportation infrastructure. The spending would push the country away from internal combustion engines that the auto industry views as an increasingly antiquated technology,” the Associated Press reported.

Additionally the proposal seeks to overhaul nearly every building in the entire country to “deliver clean electricity”, whatever that means.

“Another $111 billion would go to replace lead water pipes and upgrade sewers. Broadband internet would blanket the country for $100 billion. Separately, $100 billion would upgrade the power grid to deliver clean electricity. Homes would get retrofitted, schools modernized, workers trained and hospitals renovated under the plan, which also seeks to strengthen U.S. manufacturing.”

Biden is set to give more details about his insane proposal later this afternoon.

Contributed by Infowars.