http://twitchy.com/sarahd-313035/2021/03/15/hold-onto-your-wallets-hope-you-enjoyed-your-economic-stimulus-because-joe-biden-is-reportedly-planning-first-major-tax-hike-in-almost-30-years/
Joe Biden’s really got his work cut out for him, what with cleaning up the mess Donald Trump left behind.
Good thing he’s off to a running start!
Migrant kids have been moved from cages to jail-like facilities and mobile storage containers, and the economy’s reportedly about to get stimulated like you wouldn’t believe:
The Hill ~ Biden planning first major tax hike in almost 30 years: report - http://hill.cm/5KUyBbA
More from The Hill:
President Biden is reportedly planning the first major hike in federal taxes in almost 30 years to fund the economic program set to follow the recently approved $1.9 trillion pandemic stimulus package.
Unidentified sources told Bloomberg that the increases will reflect the promises Biden made during his 2020 campaign.
The planned increases reportedly include: raising the corporate tax from 21 percent to 28 percent; increasing the income tax rate on people making more than $400,000; expanding the estate tax; paring back tax preferences on pass-through businesses such as limited-liability companies; and setting up a higher capital gains tax rate for individuals making at least $1 million.
We’re feeling stimulated already just thinking about it.
Anthony Abides ~ Vote for dems and get a humanitarian border crisis, higher gas prices, and more taxes.
Brogan Spaulding ~ “After we allow you to open your business back up, we’re gonna raise not only your wages, but your corporate tax rate to pay for a bill that sent billions of your dollars to the teachers unions that they donate back to my campaign.”
BiasedGirl ~ Joe Biden doesn’t want the Economy to recover.
That’s the tweet.
Patrick ~ It’s like someone gave him a list of things that could destroy the economy and he decided to pursue all of them.
Regs ~ There are still a few more jobs out there to kill.
Katherine Revello ~ Taxing those who have the financial resources to reinvest in struggling businesses and help spur economic growth post-pandemic makes no sense.
It makes sense if you’re a Democrat and want Americans to remain under your thumb.
Mike Aron ~ Hold on to your wallets.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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