Imagine if, during the Cold War, politicians not only allowed the Soviet Union to build factories on American soil but actually paid them millions of taxpayer dollars to do so. It’s an absurd idea, yet this is precisely the situation we face today with companies controlled by the Chinese Communist Party eligible for tax credits thanks to President Joe Biden and the Democrats in Congress.
In 2022, Biden and the Democrats passed the Inflation Reduction Act, which included massive taxpayer giveaways for “green” energy. Now, Gotion Inc., a company affiliated with the Chinese Communist Party, is building factories in Michigan and Illinois that would qualify for the tax credits. That’s on top of more than $700 million in incentives funded by state and local taxpayers.