Democrats Release Details of Proposed Tax Increase

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House Democrats detailed their proposed tax increases, calling for raising the corporate tax rate to 26.5% from 21%, a 3-percentage-point surtax on top earners and a capital-gains tax increase

House Democrats detailed their proposed tax increases on Monday, calling for raising the corporate tax rate to 26.5% from 21%, a 3-percentage-point surtax on top earners and a capital-gains tax increase.

Lawmakers plan to vote this week in the House Ways and Means Committee on the proposals, which would raise trillions of dollars from corporations and high-income households.

 

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This is double taxation.... we should lower it and not bring it up.

No!

inseguridadEs mientras en Colombia 🇨🇴 le suben los impuestos a las PymesUnidas en EEUU 🇺🇸 se los suben a los de mayores ingresos y patrimonio…

Soon folks in the US will be paying taxes equivalent to those in the UK, 52% marginal rate for income above $65,000 per year. Got'ta pay for the progressive agenda somehow.

Are they forgetting about Obama’s surtax?

POTUS needs to get rid of double taxation on dividends. It is ridiculous that the govt taxes the same income twice - once at the corporate level and then at the individual level. Retirees and middle class depend on these dividends.

GOP corporate socialist in full freak out mode. Their multi trillion dollar budget buster 4 billionaires and corporations must be ended.

Higher taxes on corporations less money invested in the business less employees are hired. this will only hurt the economy. the government uses tax money to pay their deficit that was spent on wars and bailouts...

I'm not attractive anyway, why can't you fucken find somebody else? No more sex, I'm gonna start beggin

Reverse the TaxScam of 2017. End CorporateWelfare. Amazon and Walmart shirk taxes and employees are on welfare. Their trucks chew up the roads. EatTheRich is real. Stop 🛑 subsidizing big oil. GildedAge 2.0 is over.

This won't have downstream effects.

Cue the guys making 35k a year in Kentucky or Alabama complaining about this attack on capitalism

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