THE BIDEN EFFECT: Ford Cutting 1,000 Jobs After Agreeing to Shift Focus to Electric Vehicles

Ford is cutting 1,000 jobs in the United States and Canada after accepting a subsidy from the Biden administration to produce more electric vehicles.

Since Biden took office in 2021, his administration and Democrats in general have been pushing their climate change agenda at breakneck speed, whether the country is ready for it or not.

This story is a reminder that they place a higher value on pursuing their agenda than they do on the lives of working Americans.

The Washington Free Beacon reports:

Ford Cuts American Jobs After Biden Admin Boosts Company With Green Subsidies

Ford announced it will lay off at least 1,000 workers in the United States and Canada, despite the Biden administration’s promotion of its electric vehicles and allocation of billions of dollars in green subsidies that will benefit auto manufacturers including Ford.

The automotive giant began notifying employees this week that job cuts are imminent as it looks to offset costs in developing and building electric cars, the Wall Street Journal reported. The cuts will mainly affect engineers, including those in the green vehicles sector of the company.

The job cuts come despite the White House’s focus on funding green initiatives and promoting electric vehicles.

The Daily Caller has more:

The cut to Ford’s roughly 28,000 strong workforce is the third in a series of mass layoffs that began with a 3,000 person cut to U.S. jobs last summer as the company looks to blunt the costs of its massive investment in electric vehicles, the WSJ reported. Ford cut an additional 3,800 jobs in Europe in early 2023 as a cost cutting measure to support its electric vehicle pivot after missing its earnings expectations by $1.1 billion in the fourth quarter of 2022.

Ford’s electric vehicle division lost $722 million in the first three months of 2023, costing the company more than $60,000 per car sold. The company’s electric vehicle division is on track for roughly $3 billion in yearly losses, but nonetheless projects that it will begin turning a profit next year.

Biden has been vowing to “end” fossil fuels since the 2020 campaign.

Last year, Biden told a kid to "look at my eyes" and pledged to her "I guarantee you we're going to end fossil fuels."

Fracking is fossil fuel. 🤷‍♂️ pic.twitter.com/nv7nG2bq26

— Andrew Clark (@AndrewHClark) August 31, 2020

Democrats are dead serious about this and they don’t care how many jobs are destroyed in the process.

The post THE BIDEN EFFECT: Ford Cutting 1,000 Jobs After Agreeing to Shift Focus to Electric Vehicles appeared first on The Gateway Pundit.

Whistleblower: Hunter Biden Avoided Paying Millions in Taxes from Ukrainian Deals Through Shady Foreign Scheme

House Ways and Means Chair Jason Smith (R-MO) on Thursday detailed MULTIPLE felony charges that whistleblowers said the IRS recommended against Hunter Biden.

The investigation into Hunter Biden opened in November 2018 as an off-shoot of a separate, corporate investigation by the IRS.

Rep. Smith said, “The investigation was in the ordinary course of work at the IRS. It was not ordered by any individual, any chairman or any political entity.”

The IRS recommended charges against Hunter Biden that included:

Attempt to evade or defeat tax – A FELONY Fraud or false statements – A FELONY Willful failure to file returns, supply information or pay tax

“These tax crimes cover an estimated $2.2 million in unreported tax on global income…from Ukraine, Romania, and China, totaling $17.3 million from 2014 to 2019.”

He added, “Mr. Biden personally received $8.3 million.”

WATCH:

House Ways and Means Chair Jason Smith goes over the multiple felony charges whistleblowers allege the IRS recommended the DOJ bring against Hunter Biden, noting “$2.2 million in unreported tax on global income … from Ukraine, Romania, and China.”pic.twitter.com/QqwCaj022m

— The Post Millennial (@TPostMillennial) June 22, 2023

Rather than charging Hunter Biden with felonies for evading taxes and providing false statements to the feds, Joe Biden’s corrupt DOJ gave him a sweetheart deal. Hunter Biden was hit with two misdemeanors related to unpaid taxes from 2017 and 2018.

On Tuesday Trending Politics released new information on how Hunter Biden evaded millions in taxes through a shady foreign scheme.

In the House Ways and Means Committee’s revealed testimony of Hunter Biden’s business dealings, the second whistleblower, an anonymous lead IRS case agent, detailed the intricate tax evasion plot allegedly involving Hunter Biden.

According to the whistleblower, Hunter intentionally avoided paying millions in taxes. The complex scheme reportedly included the Ukrainian natural gas company Burisma, where Hunter was a board member, and an associate from a Chinese business​.

In 2014, when Joe Biden was serving his second term as vice president in charge of Ukraine policy, the Ukrainian natural gas company put Hunter Biden on its board of directors. The whistleblower stated that Hunter Biden received $666,667 from Burisma for little or no work, and instead of reporting it as income and paying taxes on it, he put the money into a Chinese firm run by one of his associates. The associate then “loaned” the money back to Hunter Biden.

You can read the rest here.

This is another way the Biden Crime Family cheated the IRS and hid their illicit illegal foreign dealings. And they are likely to get away with it – Unless Republicans grow a pair and begin impeachment proceedings immediately.

Here is the transcript of the whistleblower on Hunter Biden’s tax evasion.

House Ways and Means Whistl… by Jim Hoft

The post Whistleblower: Hunter Biden Avoided Paying Millions in Taxes from Ukrainian Deals Through Shady Foreign Scheme appeared first on The Gateway Pundit.

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