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Freshman congressman Rep. Byron Donalds, R-Fla., blasted President Biden’s for hinting at tax increases during his recent “Good Morning America” interview Wednesday.

Speaking to Jan Jeffcoat on The National Desk Thursday, Donalds explained why raising taxes hurts even lower-income Americans.

“If you take money away from people, even the quote-unquote rich, what happens is they have less money to spend. If there is less money to spend, there is less money flowing through the economy. If there is less money flowing through the economy — who does that hurt? It hurts middle-income Americans and poor Americans,” Donalds said.

 

“You know how I know this? Because Joe Biden and the Democrats have no problem shoveling money all through the economy when government gets to spend it,” Donalds continued. “But they refuse to let people spend that money for themselves.”

Donalds was referring to Biden’s acknowledgment that individuals making over $400,000 will experience a tax-rate increase.

“Yes, anybody making more than $400,000 will see a small to a significant tax increase,” Biden said, although White House press secretary Jen Psaki recently clarified that individuals making $200,000 a year who are married to someone making similar amounts will also be subject to the proposed tax hike.

Donalds said tax increases would be a disaster for our economy, “especially if you look at the fact that in the last two years, the federal government — under the Trump tax plan — has raised more revenue than at any point in the history of the United States,” he said.