Commonsense & Wonder: Democrats will bleed you for every cent you have to save you from yourself

Think your bills are high now? All the tax hikes hitting Americans on January 1 revealed: Electricity costs to soar and even your nest egg is not safe

Democrats claimed Inflation Reduction Act would help ordinary Americans
But new analysis suggests it shreds President Biden's promise not to raise taxes for Americans making less than $400,000 per year
The Inflation Reduction Act includes three major energy taxes that are expected to increase household energy bills
One is a regressive tax on American oil and gas development, estimated to increase taxes by $6.5 billion
Democrats are proposing a 16.4 cents-per-barrel tax on crude oil, likely to be passed on to consumers in the form of higher gas prices
US inflation is 7.1% for 12 months to November 2022 after rising 7.7% previously