Bloomberg News: Your Paycheck is Now Worth 3.1% Less Than Last Year Thanks to Biden’s Inflation Tax (VIDEO)

Bloomberg News reporter Michael McKee on Friday reported on the sudden rise in prices for goods and services thanks to Joe Biden’s spending.

Biden is quietly taking money out of people’s paychecks with his inflation tax.

Paychecks are now worth 3.1% less than last year thanks to Joe Biden.

VIDEO:

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Bloomberg: Your paycheck is now worth 3.1 percent less than last year thanks to Biden’s inflation tax pic.twitter.com/coxeAFZi7O

— Tom Elliott (@tomselliott) May 28, 2021

Biden proposed a $6 trillion budget for 2022 after spending trillions of dollars on Marxist pet projects and redistribution of wealth schemes.

Joe Biden repeatedly claims he will not be raising taxes on people making under $400,000 a year, but he is quietly taxing the poor and lower middle class through inflation.