Dems want to raise your taxes

 The Lid:

Democrats are – by design – causing chaos in the American economy. But Biden’s promise to not raise taxes on anyone with incomes under $400,000 is a blatant lie. If the tax gimmick (HR 5376) they have proposed is enacted, income taxes for everyone in all income brackets would be raised – without any tax relief for anyone.

The JCT- Joint Commission on Taxation – a bipartisan commission that has economists as part of its makeup, analyzed the Democrat Tax gimmick and found that even Americans making between $50,000 and $75,000 and all other income levels will see a tax increase by 2029 with no tax breaks. All of which blows Biden’s campaign promises to smithereens.
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At a time when everything from groceries to gas has people strapped down, Biden’s tax gimmick threatens to derail Americans’ incomes even worse by increasing taxes. Independent studies by the Tax Foundation and the Committee for a Responsible Federal Budget (CRFB) have shown that this Democrat proposal would literally wipe out any “hit” on the wealthy and pass the burden to the lower income brackets. America’s middle class would disappear in under this Democrat tax gimmick – which is by design. Communism by any other name is still the same. There is no “middle class” in a communist society. Only the elite wealthy will remain.
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The Democrats' inflation tax is already a killer even if ages never catch up to push people into higher brackets.  Never trust these Democrats when it comes to the tax code.

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