Democrat promises more taxes if the party stays in power: Report

[Dashinka 24,593]

Wow, usually the Democrats try to hide their tax and spend intentions.

 

Democrat promises more taxes if the party stays in power: Report

Rep. Richard Neal of Massachusetts suggested that the House would increase tax rates if his party remains in power following the upcoming midterm elections this fall, according to a congressional reporter.

 

Neal, the chairman of the House Ways and Means Committee, said Democrats, should they keep power in the House, will look to raise corporate and individual tax rates in 2023, according to a Bloomberg reporter.

 

The Inflation Reduction Act, a social spending and tax increase measure that is expected to pass through the House Friday, includes a proposed expansion of the Internal Revenue Service (IRS).

 

 

https://www.foxnews.com/politics/democrat-promises-more-taxes-party-stays-power

[Crazy Cat 41,981]

These people are insane.  Luckily, there is 0% they will be in power after November.

[Dashinka 24,593]

2 hours ago, Crazy Cat said:

These people are insane.  Luckily, there is 0% they will be in power after November.

I hope.

[Dashinka 24,593]

Well, the Dems just raised everyone’s taxes.

 

https://www.foxnews.com/politics/house-democrats-pass-739b-manchin-schumer-boosting-bidens-agenda

[LIBrty4all 3,754]

I know one way to tax EVERYONE fairly, and to eliminate the need for paying the salaries of 126,000 IRS agents... just charge everyone a flat usage tax, and get rid of the annual tax returns.  No more income tax, no more delayed returns, no more IRS agents.

[Dashinka 24,593]

4 hours ago, LIBrty4all said:

I know one way to tax EVERYONE fairly, and to eliminate the need for paying the salaries of 126,000 IRS agents... just charge everyone a flat usage tax, and get rid of the annual tax returns.  No more income tax, no more delayed returns, no more IRS agents.

They would save a lot of money on bullets.

[LIBrty4all 3,754]

Just remember, Biden promised that no one who makes less than $400k annually will see an increase in taxes...

I am only highlighting a biggun, which we were misled about in recent weeks, but ALL of them will affect all of us.  Not just $80 billion, but $204 billion.

 

Quote

Supersizing the IRS to Increase Audits – $204 Billion

The bill would spend $80 billion to supersize IRS with 87,000 new agents and auditors and ramp up audits on working households and small businesses. The IRS would perform an additional 1.2 million annual audits under the plan. Democrats claim the increased spending on enforcement would net $124 billion.

 

The bill spends 14 times as much money for “enforcement” — such as small business audits — than for “taxpayer services” — such as answering the phone. IRS employees only answer the phone “19 or 20 percent” of the time.

 

 

https://www.atr.org/list-of-tax-hikes-just-passed-by-democrats/