Treasury Official Can’t Clarify the Biden Administration’s Position on Socialism
WASHINGTON, D.C. - Today, Congresswoman Carol Miller (R-WV) questioned Michael Plowgian, Deputy Assistant Secretary for International Tax Affairs, Department of Treasury. Congresswoman Miller has been outspoken about the global socialist agenda and when questioning a treasury official on the Biden Administration’s position on socialism, he could not answer.
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Rep. Miller started out by highlighting the Biden Administration’s failure to negotiate productive policy with the Organisation for Economic Cooperation and Development (OECD) and how that negatively impacts the American taxpayer.
"I am really incredibly disappointed and quite frankly, disgusted by the Biden administration's abject failure to negotiate in America's best interests at the OECD. In my view, you and your colleagues have completely failed your fiduciary responsibility to the American taxpayers, American workers and American companies… It’s reprehensible and downright outrageous. It's very hard for me to believe. The American people empower you to negotiate on their behalf, and instead you've surrendered to global socialist tax scheme that will ultimately make America poorer and less competitive, placing our children and grandchildren, our children and our grandchildren, their future at risk, not to mention that you've denigrated our nation's status as a beacon of strength, democracy, and capitalism in an increasingly dangerous world."
Congresswoman Miller proceeded to ask: “Do you consider socialism to be a key goal of the Biden administration?"
Mr. Plowigan could not answer.
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Congresswoman Miller responded by laying out the facts on how the OECD and their global socialism policies would devastate the American economy.
"The OECD tax project is a thinly veiled attempt to neuter the US economy and drive America into the arms of global socialism. Europe's economy struggles to adapt to the modern world. And these countries aim to capture our U.S. dollars to fund their socialist programs and government handouts. So, I'm just really concerned while the OECD proposed deal would protect refundable tax credits, also known as direct subsidy. Most U.S. tax credits are not refundable and for good reason."
Congresswoman Miller concluded by reminding the treasury official the Administration’s role in tax and trade negotiations.
"The US is the most innovative nation on the planet and we attracted best and brightest to start and grow their businesses here. We do not need direct government checks payable to industry. Nor should we offer them. Many countries in Europe don't prize innovation or competitiveness like we do and that's why so many of them come to the United States. So these countries have the sovereign right to determine their own tax code, incentive structures and national agendas. They do not have the right to try and fund themselves with U.S. tax dollars, no matter what the Treasury Department might think.
Congress writes the rules. The administration administers them."
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