Read on Twitter
My new piece in the @dcexaminer takes a look at the @JoeBiden tax hike plan, and asks how it will impact kitchen table economic measures most important to middle class families. A thread. 1/ https://www.washingtonexaminer.com/opinion/joe-bidens-radical-tax-plan-threatens-middle-class-economic-gains-under-trump">https://www.washingtonexaminer.com/opinion/j...
The @JoeBiden tax hike plan raises the top marginal tax rate on wages to over 60 percent, when federal income tax, state income tax, and payroll taxes are included. Highest rate since Jimmy Carter. 2/ https://www.washingtonexaminer.com/opinion/joe-bidens-radical-tax-plan-threatens-middle-class-economic-gains-under-trump">https://www.washingtonexaminer.com/opinion/j...
The @JoeBiden tax hike plan would once again saddle America with the highest corporate income tax rate in the developed world--higher than China, Mexico, Canada, Japan, the UK, or Europe. Inversions and shipping jobs overseas will make a comeback. 3/ https://www.washingtonexaminer.com/opinion/joe-bidens-radical-tax-plan-threatens-middle-class-economic-gains-under-trump">https://www.washingtonexaminer.com/opinion/j...
Under the @JoeBiden tax plan, family owned and other private businesses like LLCs, Subchapter-S corporations, partnerships, and sole proprietors will face a staggering top tax rate of over 60 percent (states included). What will that do to jobs? 4/ https://www.washingtonexaminer.com/opinion/joe-bidens-radical-tax-plan-threatens-middle-class-economic-gains-under-trump">https://www.washingtonexaminer.com/opinion/j...
The death tax "standard deduction" would fall from $12 mil ($24 mil for couples) to just $3.5 mil under the @JoeBiden tax hike plan. Family farms and small firms would once again have to worry about the death tax on top of capital gains taxes. 5/ https://www.washingtonexaminer.com/opinion/joe-bidens-radical-tax-plan-threatens-middle-class-economic-gains-under-trump">https://www.washingtonexaminer.com/opinion/j...
