04/28/2022 | Press release | Distributed by Public on 04/28/2022 14:49
After gaming out more gas gimmicksand spinning away negative economic growth, Democrats' "new" plan to address Bidenflation is crippling tax hikes on Middle Class families and Main Street businesses.
Working Americans disagree, with the vast majority saying a tax hike would push prices up higher, according to a recent poll.
As put by the Washington Examinereditorial board:
"…Democrats want to 'undo' former President Donald Trump's tax cuts.At the time they were passed, Democrats falsely claimed that the Tax Cuts and Jobs Act (TCJA) would only benefit the wealthy.
"The IRS has since released actual data on this, and it turns out they were not being truthful. As every objective observer recognized at the time, the Trump tax cuts have benefited all income groups."
CLICK HEREto read the full editorial.
KEY TAKEAWAYS:
TCJA Worked for American Workers.
READ: Fact Check: Higher Corporate Tax Revenue After GOP Tax Reform Debunks Another Democrat Myth
READ: POLL: Majority of Americans Oppose Biden's Latest Tax Hike Scheme
Democrats Are Seeking the Highest Sustained Tax Burden in American History.
READ:House Budget Committee Analysis, "Biden's FY23 Budget: Another Year of Crisis" (PDF)
READ: Democrats Keep Threatening Crippling Tax Hikes
Democrats' Crippling Tax Hikes Would Worsen Inflation and Destroy U.S. Jobs.
READ: Americans Receive Largest Pay Cut in 40 Years
READ: Accelerating Inflation Hits Americans: "I'm More Concerned With Feeding My Family"
Americans Are Bracing for Higher Prices for Longer With U.S. Economy Headed Toward Recession.
READ: New York Times: Biden Spending Spree Wasn't Worth It
READ:San Francisco Federal Reserve Analysis Debunks White House Excuses on Inflation
Bottom Line: The Last Thing American Families and Main Street Businesses Need is Higher Taxes.