Billionaire CEO and Chairman of United Refining Company John Catsimatidis criticized the Inflation Reduction Act forward of the House vote for expanding IRS auditors and burdening customers. On “Cavuto: Coast to Coast” Friday, Catsimatidis argued the transfer to extend IRS auditors will make unions glad however goal middle-class Americans’ wallets.
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JOHN CATSIMATIDIS: Forbes says there is a couple of thousand billionaires in our nation. OK. You desire a thousand brokers for three,000 billionaires. Now, what do you do with the opposite 84,000? What’s going to occur goes to move after the center category. They’re going to move after the Uber drivers no longer reporting their pointers. They’re going to move after the taxi cab drivers, the waiters no longer reporting their pointers. They’re going to move after the center category. They need to lift costs on prescribed drugs, which solves issues. I imply, we wish answers to long run illnesses and we wish our pharmaceutical corporations to do neatly. But whilst you lift costs at the prescribed drugs, they are simply going to replicate it to the patron. The client goes to pay for it all over the place once more. And who’re they making additionally glad? They’re no longer announcing this. The 84,000 IRS guys, they are making their unions glad for the reason that unions have been going to have 84,000 new contributors. So all of it is going again to for whom do the bells toll. I’m no longer in opposition to unions, however no person’s announcing it. Nobody’s announcing it. But that is who they are taking good care of.
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