March 28, 2021
147,263
7,399
941
5.66%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
3:41Now Playing21 states are preparing to sue Democrats over legislation that is preventing them from giving out unnecessary tax cuts using Covid relief funds. The recently-passed stimulus package included hundreds of billions of dollars for cities and states, but it expressly forbade them from using that money to cut taxes. But because that's the only thing Republicans know how to do, they are now suing in order to allow themselves to spend the money on tax cuts. Ring of Fire's Farron Cousins explains what's happening.
Become a member today!
Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!
Find our merchandise at Teespring
Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!
Support Ring of Fire by subscribing to our YouTube channel
Be sociable! Follow us on:
Follow more of our stories at
Subscribe to our podcast
*This transcript was generated by a third-party transcription software company, so please excuse any typos.
As part of the recently past COVID relief package States and cities across the United States are getting $350 billion. And there's very few caveats on what they can or cannot do with this money. You know, if you wanna spend it on infrastructure, spend it on infrastructure. If you wanna spend it on, on schools, go ahead and spend it on schools. You could do whatever you want. This money is to help you to help you improve things. There's just one thing they cannot do with it. That is actually written into the legislation because the Democrats were very smart about it. And they said, yeah, the only thing you can't do is you can't just put this money into your general funds and then cut people's taxes. Like you can't do that. All right, sorry. You're just not going to be able to do that. And now only one Republican controlled States are preparing to file a lawsuit against the government so that they can use this money to cut taxes in their States.
I have said it once I have said it twice, I have said it. God knows how many times. And I'm about to say it again. Folks. The only thing the Republican party of the United States knows how to do is cut taxes. It is literally their response to every single problem they are confronted with. All they can do is cut taxes. Hey, your schools are crumbling to the GRA cut taxes. Okay? Yeah, but that bridge is about to fall down and it's going to kill a lot of pit cut taxes. Okay. Uh, there's still a pandemic. You could use this money to bolster local community health cut taxes. That's it. That's all they know how to do. And that is actually what they're trying to do with this COVID relief money and folks, rest assured this isn't cutting your taxes. It's not cutting my taxes. Where do you think those tax cuts are going to go?
They're going to go to the same place. They always go to those at the very top. This is obscene and this is insane. People. Actually, Republicans should be more outraged about the fact that their party only knows how to do one thing. I guess you could argue. They know how to do two things because they know how to be very racist with their voters suppression. Um, but the cutting taxes thing is really been their forte and that's it. That's all, that's all they can do. That's all they can do. That's their response to everything and it's literally never helped any.
Joe bye right now is considering, um, a 35% tax on corporations here in the United States who would raise their taxes to 35%. I think he needs to go even further after years and years, years of tax evasion after decades of Republican tax cuts, I think it's time for corporations to be punished a little bit with their taxes. So maybe started out at 45% and then say over the next five to 10 years, it drops down to 35, a little bit of reduction each year. As long as you're paying, if not, you're going to be stuck at 45 or higher,
That's what needs to happen.
But as long as Republicans exist, they're going to continue to tell us we have to cut taxes because that is the only phrase. That is the only idea that is capable of penetrating their tiny little brains.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.