Democrats: "We will raise taxes if we take back congress in 2018!"

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Democrats: "We will raise taxes if we take back congress in 2018!"

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2018 Mar 9, 4:25pm 16,781 views 57 comments

You can't make this up. They literally want to halt the economy in its tracks.

https://www.forbes.com/sites/ryanellis/2018/03/09/democrats-release-tax-hike-plan/#1fa9e63e7b9e

Here are a few of the gems.

- Increase the top marginal income tax rate from 37 percent to 39.6 percent. This nearly 3 percentage point increase in the top personal rate is not only a hike in the top bracket levy, but it's also a direct tax increase on small and mid-sized businesses. The 30 million companies which are organized as sole proprietorships, partnerships, Subchapter-S corporations, and LLCs pay their business taxes on their owners' 1040 personal tax returns. Hiking the top tax rate is a small business tax increase.

- Increase the corporate income tax rate from 21 percent to 25 percent.

- Bring back the alternative minimum tax (AMT) for 4 million families.

- Cut the "death tax" standard deduction in half.

Basically if you're a small business owner, or a dual income family, FUCK YOU. - Insincerely, The Democrats.

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57 bob2356 2018 Mar 12, 4:52pm

Sniper says

bob2356 says
Just everyone who brings home a regular paycheck.

Good tap dance . The question was how much of the tax cut is going to people to use for da to da activities/bills.

I'll repeat it again, since you seemed to miss it the FIRST time.

You never answered any time. Repeating a non answer doesn't make it any more of an answer. Would you like me to repeat the question typing slower and using smaller words?

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Democrats: "We will raise taxes if we take back congress in 2018!"

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