Tax Increase

House tax bill would hit the middle class hard

A new congressional report shows that the tax increase bill approved by the House Ways and Means Committee would increase taxes on millions of taxpayers making less than $400,000. That would violate a pledge President Joe Biden has made repeatedly.

Democrats Plan Tax Giveaway To The Rich, Bailout To Blue States

Democrats want working-class families in red states like Florida and Texas to subsidize residents making $200,000, $400,000, or more in places like New York and New Jersey.

Democrats’ proposed tax hikes could eventually hit middle-class Americans: Here’s how

Dems' proposal could mean higher taxes for middle-income workers

Democrats’ $3.5 Trillion Spending Bill With Tax Increases Would Cause Economic Decline

House Democrats have unveiled a litany of new tax proposals to fund President Joe Biden’s $3.5 trillion federal spending bill, but a new report suggests the spending plan would shrink the economy.

Democrats’ propose top tax rate of 39.6% – here’s who would pay it

Top individual income rate would climb to 39.6% for wealthiest individuals, families

Sen. Lankford to Newsmax: CARES Act Funds No Solution for Infrastructure Debt

Repurposing money allocated from last year's pandemic-fueled CARES Act for use in this year's bipartisan infrastructure act won't mean that the nation won't still have a massive debt to repay, Sen. James Lankford warned on Newsmax Wednesday.

PRO Act Is Another Biden Tax Increase On The Middle-Class

President Joe Biden promised to not increase taxes on the middle-class, but his gift to organized labor, the Protecting the Right to Organize Act (PRO Act), has the same impact as a tax increase on millions of Americans.

Trump blasts Biden’s ‘ludicrous’ plans for massive tax increase: ‘Strategy for economic surrender’

Former President Donald Trump on Wednesday slammed President Biden‘s plans for a huge tax increase as a “classic globalist betrayal” of American workers that will result in U.S. jobs and factories moving to China and other countries.

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