Biden promised higher taxes. People cheered! Why? Were they paid-shills? No one wants higher taxes. If not paid-shills, they must have bought-in on “only tax raises for people above $400,000/ year.” Not true … a few examples are …
Tax Hike … “Eliminate Trump’s tax cuts on Day One by Executive Order” affects everyone, who pays taxes, whether individual or corporate, above or below $400,000/year.
New Taxes: Gun control. Existing taxes increase and new ones will be added re: guns/ammo … purchasing, selling, owning, licensing, permits, registering, usage, etc. These promises have nothing to do with income.
Tax Change: Eliminate 401(k) deductions, replacing them with a flat tax, which will dramatically hurt the middle-class.
Tax Hikes: In 2014, SCOTUS declared Obamacare to be constitutional only if people understood that it included 12 new taxes & a mandate. Trump got rid of the mandate. But, Democrats and John McCain stopped its repeal; hence, taxes remain. Biden wants original O’care with its taxes and mandate. Harris wants elimination of all private pay (ie. mandate 180-million people lose theirs), O’care for all and “Medicare for All”, including illegals. More taxes/premiums/co-pay will be necessary.
Tax Hikes: Estate, gift, death and property taxes will skyrocket, hurting everyone. Tax exemptions will plummet.
New Big Kahuna Taxes: Carbon, Climate, Environmental and Green New Deal … sky’s the limit!
Obama’s Janet Yellson, a hard line Globalist, will be Treasury Secretary. Among other agencies, she’ll oversee the IRS. She will have enormous sway over global economics and lead the world’s most powerful Central Bank. See “One World Order” and “Rothschild bankers”. It won’t be “America First”!
