Less than a third of all Americans will benefit from Democrats’ tax plans, with more than two thirds either experiencing no benefit or facing immediate tax hikes. The middle class and small businesses in particular will be getting very little—except for more taxes.
Tag: SALT tax
The Democrat tax scheme funnels money to their wealthy friends and elites by raising taxes on working families and job creators.
One thing is certain, these new taxes do not only impact the rich. In fact, liberals would like to give the wealthy in high-tax states like New York and California a tax cut as part of the plan!
According to one analysis, the bill would usher in a new “cradle to the grave” relationship between the federal government and American citizens…also known as socialism.
Senate Democrats may encompass the rewriting of business, international, energy, housing, and other significant structural elements of the tax code, along with sweeping changes to our nation’s health programs, federalization of unemployment insurance, and more. Unfortunately, the scope and substance of this legislation remains unclear, as Democrats have chosen to write and discuss the bill in secret, with no Republican input or consultation.
Do Senators Maggie Hassan, Catherine Cortez Masto, Raphael Warnock, Mark Kelly, and Michael Bennet support cutting taxes for millionaires and billionaires while raising taxes on working-class families?
Democrats love to talk about tax hikes for the wealthy, but when the rich are the ones who reside in their high-tax states and donate to their campaigns, the game changes. It is blatant hypocrisy.