Joy Reid takes dig at McConnell for refusing billionaire tax: ‘He married into money’
By Biba Adams
On “The ReidOut,” the MSNBC host pulls no punches in calling out what she sees as hypocrisy by GOP lawmakers.
MSNBC host Joy Reid pulls no punches when it comes to calling out what she sees as hypocrisy by Republican lawmakers.
On Tuesday night’s episode of TheReidOut, the host highlighted a Democratic effort to impose a minimum tax of 15% on companies that report more than $1 billion in profits.
Reid noted that even embattled Democratic Sen. Kyrsten Sinema of Arizona, who has pushed back against many of her party’s legislative agenda items, supports the tax.
“This proposal represents a common-sense step toward ensuring that highly profitable corporations — which sometimes can avoid the current corporate tax rate — pay a reasonable minimum tax on their profits, just as everyday Arizonans and Arizona small businesses do,” said Sinema in a statement on Tuesday.
Additionally, Democrats are proposing to tax billionaires on their assets, including unrealized gains from securities, such as stocks. Reid noted that the proposal would affect about 700 taxpayers in the U.S.
Republican billionaires like SpaceX founder Elon Musk and Utah Sen. Mitt Romney oppose the bill, but Reid pointed out the irony in statements made by Senate Minority Leader Mitch McConnell, who also opposes the bill.
“And then there’s grim reaper Mitch McConnell saying the quiet part out loud, that people who don’t have vast sums of money only have themselves to blame and shouldn’t be helped,” Reid said. “Did I mention he married into money?”
READ MORE: Joy Reid takes dig at McConnell for refusing billionaire tax: ‘He married into money’
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Posted By: Dea. Ron Gray Sr.
Thursday, October 28th 2021 at 11:01PM
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