Kevin McCarthy holds roundtable on proposed Made in America tax plan

Politics

House Minority Leader Kevin McCarthy of Calif., speaks during his weekly press briefing on Capitol Hill, Thursday, April 22, 2021, in Washington. (AP Photo/Andrew Harnik)

Rep. Kevin McCarthy holds a roundtable discussion on the Democrats’ proposed Made in America tax plan.

McCarthy said this tax will make shipping good more expensive and in turn raise the cost of good in stores.

“Given the backdrop of rising prices and wait times for goods —you would think we would want to make America a more attractive place to do business,” McCarthy said. “But right now, we’re watching how ineffective and ignorant policies from Democrats touch every aspect of our lives.”

Many guests said this tax would discourage entrepreneurship from businesses owners and people to go back to work.

“Businesses respond to incentives. They’re going to go overseas if that’s what is best for them,” said Rep. Lloyd Smucker (PA-11). “Democrats’ policies that are pushing jobs overseas and encouraging people to stay home instead of work are horrific.”

The goal of the Made in America tax plan is to increase investment in infrastructure, the production of clean energy and the care economy responsible for the upkeep of future generations, according to a report by the U.S. Treasury.

Guests included: Smucker, Rep. Bryan Steil (WI-01), Rep. Lisa McClain (MI-10), Rep. Byron Donalds (FL-19) and Katie Poehling Seymour, president and CEO of First Supply LLC.

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