AI
Wednesday, October 06, 2021 12:35:06 AM
Build Back Bummer
First generation down-payment assistance: Most people work and save for years to buy a home. This bill makes them into suckers. It gives $6.8 billion to low-income first-time home buyers with no conditions. It’s part of President Joe Biden’s scheme to increase racial and economic diversity in the suburbs.
First-time home buyers can get up to $20,000 and never have to pay it back, whether they stay in the home or move for virtually any reason. It’s free money — as long as you’re not the taxpayer footing the bill. And it’s likely a double whammy, pushing up home prices for first-time buyers who actually saved up themselves.
Home-efficiency rebates: The bill offers up to $14,000 to homeowners who lower energy use by installing new heat pumps, air-conditioning systems, insulation and energy-efficient appliances. It’s a pot of gold for homeowners who qualify and tens of billions of dollars in new business for contractors.
The catch: Only unionized electrical contractors qualify. This bill is designed to twist arms and unionize the workforce. Why? Unions bankroll the Democratic Party.
Racial and ethnic minorities also get preferential treatment. The bill promises contractors a $200 bonus for each customer served from a “community of racial or minority ethnic concentration.” Whites go to the back of the line and have to hope the money holds out.
Direct-care workforce: The bill awards $1.48 billion to labor unions and community organizations to recruit and train workers to care for the elderly or disabled at home. Top priority is training workers in their rights and organizing them. This is your tax dollars at work creating a new army of likely Democratic voters.
The bill also includes preferential tax treatment for union dues, additional tax credits for buying union-made electric vehicles and a staggering 10-fold increase in civil penalties against employers who resist unionization.
https://nypost.com/2021/10/05/never-mind-the-cost-just-look-at-the-absurd-things-build-back-better-would-buy/
First generation down-payment assistance: Most people work and save for years to buy a home. This bill makes them into suckers. It gives $6.8 billion to low-income first-time home buyers with no conditions. It’s part of President Joe Biden’s scheme to increase racial and economic diversity in the suburbs.
First-time home buyers can get up to $20,000 and never have to pay it back, whether they stay in the home or move for virtually any reason. It’s free money — as long as you’re not the taxpayer footing the bill. And it’s likely a double whammy, pushing up home prices for first-time buyers who actually saved up themselves.
Home-efficiency rebates: The bill offers up to $14,000 to homeowners who lower energy use by installing new heat pumps, air-conditioning systems, insulation and energy-efficient appliances. It’s a pot of gold for homeowners who qualify and tens of billions of dollars in new business for contractors.
The catch: Only unionized electrical contractors qualify. This bill is designed to twist arms and unionize the workforce. Why? Unions bankroll the Democratic Party.
Racial and ethnic minorities also get preferential treatment. The bill promises contractors a $200 bonus for each customer served from a “community of racial or minority ethnic concentration.” Whites go to the back of the line and have to hope the money holds out.
Direct-care workforce: The bill awards $1.48 billion to labor unions and community organizations to recruit and train workers to care for the elderly or disabled at home. Top priority is training workers in their rights and organizing them. This is your tax dollars at work creating a new army of likely Democratic voters.
The bill also includes preferential tax treatment for union dues, additional tax credits for buying union-made electric vehicles and a staggering 10-fold increase in civil penalties against employers who resist unionization.
https://nypost.com/2021/10/05/never-mind-the-cost-just-look-at-the-absurd-things-build-back-better-would-buy/
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