sbynews

DelMarVa’s Premier Source for Conservative News, Opinion, Analysis, and Human Interest

Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349

The opinions expressed by columnists are their own and do not represent our advertisers

Dems propose $3 trillion tax hike on working families and small businesses

(Natural News) House Democrats are proposing almost $3 trillion ($3,000,000,000,000) in tax increases including tax increases on small businesses and working families. This is the largest tax increase since 1968 compared to the size of the economy and the largest tax increase ever in nominal dollars.

(Article by Alex Hendrie republished from ATR.org)

Some of these tax increases include:

Raising taxes on working families by increasing the federal corporate income tax rate from 21 percent to 26.5 percent. This tax increase will be passed along to working families in the form of higher prices, fewer jobs, and lower wages. This will give the U.S. a combined state-federal rate of 30.9 percent, higher than our foreign competitors including China, which has a 25 percent corporate tax rate, and Europe which has an average rate of 21.7 percent. The developed world average (OECD) is 23.5%.

More

7 thoughts on “Dems propose $3 trillion tax hike on working families and small businesses”

    1. Mississippi White Knights

      Correct…. we have TROJAN HORSE on our Border with the Muslim Afghanistan coming into America….

      it won’t be long before they leave the Trojan Horse to kill America

  1. Before they drive a nail, drive a truck or try to manage a P&L, they want 30% of everything.

    They make the Mafia look like Keystone Cops.

    And the Mafia WISHES they had the power of our government to force your compliance with their schemes for robbing “We, the People”.

    30% ? !!

    The hanging should have started years ago…..

    The colonists used to catch tax collectors and soldiers on lonely dark roads and kill them.

    Just saying…..

Leave a Comment

Your email address will not be published. Required fields are marked *