Just how much do the Democrats think that you can stand in their new Tax Hike Plan? As long as you have disposable income, they want a piece of the action. Tax brackets be damned. They want it all. After you read this, you may be very anxious for the polls to open so that you can cast a vote. Do not believe them when they say that they are only going to tax the rich. They mean to get your money all the same. Here is the plan and they are proud of it.
As Written and Reported By Ryan Ellis for Forbes:
This week, Congressional Democrats released a detailed tax hike plan that they promised to implement if given majority control of the House and Senate after the 2018 midterm elections. So much for the crocodile tears about the deficit–Democrats want to raise taxes not to reduce the debt, but rather to spend that tax hike money on boondoggle projects.
As you might expect, hold onto your wallets. Here are the details:
Increasing personal income taxes would be particularly unfortunate since workers are now seeing the results of lower rates in their paychecks. Thanks to the new IRS withholding tables, in February of this year over 90 percent of workers saw higher take home pay in the form of fatter direct deposits (for a humorous spectacle of the New York Times desperately trying to get people to down-talk their bigger paychecks, click here). They will continue to see those bigger paydays for as long a…..
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