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June 1, 2023

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Tax

Chuck Grassley Has Had It with the Hating on Wealthy People

by Caleb Newquist

Which makes a lot of sense since the Iowa Senator has a net worth reported to be anywhere from $2.3 million to $6 million.

The Hill reports that Senator Grassley made his annoyance known in a Senate Finance Committee meeting today, “I get sick and tired of the demagoguery that goes on in Washington about taxing higher-income people,” he said. “How high do taxes have to go to satisfy the appetite of people in this Congress to spend money?” Good question, Senator. Are you changing your tune on ethanol tax credits? [The Hill]

Which makes a lot of sense since the Iowa Senator has a net worth reported to be anywhere from $2.3 million to $6 million.

The Hill reports that Senator Grassley made his annoyance known in a Senate Finance Committee meeting today, “I get sick and tired of the demagoguery that goes on in Washington about taxing higher-income people,” he said. “How high do taxes have to go to satisfy the appetite of people in this Congress to spend money?” Good question, Senator. Are you changing your tune on ethanol tax credits? [The Hill]

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