U.S. Sen. Tommy Tuberville (R-Auburn) is so frustrated with the Biden administration that he thinks the country would be better off if the federal government just closed up shop for the next few months.
We need to close Washington, D.C. for the next 6 months and save America. #MAGAhttps://t.co/2IHiUKCJo9
— Tommy Tuberville (@TTuberville) May 22, 2024
“We need to close these buildings up there and go home for the next seven, eight months before we really put this country under,” Tuberville said Wednesday on Newsmax.
The senator was reacting to President Joe Biden calling for an increase in the capital gains taxes and corporate income taxes.
“You can’t make this up,” he said. “You don’t do that in an election year, so something’s going wrong out there. Something is kind of fishy with this election coming up when they’re saying, Hey, by the way, we’re going to double your capital gains tax. Makes no sense whatsoever what they’re doing.”
Biden has proposed raising the corporate income tax rate from 21% to 28% and to raise the capital gains tax to 44.5%.
Tuberville also blasted the current state of Social Security.
“No, most people won’t get Social Security,” he said. “It’s just unfortunate. It was a tax that was levied on the American people years ago, sold a bill of goods. Hey, we’re going to take care of your retirement.”
Current estimates say the federal government has $93.1 trillion in unfunded liabilities related to benefit programs like Social Security.
“If you would have taken the money that you put in Social Security and put it in a 401k,” he continued, “it would have been worth 10, 15, 20, 30 times what it is today. It’s unfortunate, this place up here. The federal government does not know how to handle your money, but they want more of it.”
The Social Security Trust Fund will run out in 2035 according to a Social Security & Medicare Trustees report.
Yaffee is a contributing writer to Yellowhammer News and hosts “The Yaffee Program” weekdays 9-11 a.m. on WVNN. You can follow him on X @Yaffee
