By Duncan Smith
Do you miss Donald Trump yet?
If not, you’re a hopeless partisan or you’re just not paying attention.
One of Trump’s endearing qualities is that he kept his promises.
Border wall? Check.
Tough immigration enforcement policies? Check.
Better trade deals? Check.
Renegotiate NAFTA? Check.
Grow the economy? Check.
Energy independence? Yep.
Lower taxes for job-creating corporations and individual earners as well? Done.
Speaking of taxes, His Fauxness, Joe Biden, said he wasn’t going to raise taxes except on the wealthiest earners. And while we hate that class warfare crap, Biden and his handlers couldn’t even keep that promise.
Fox Business Network reports:
President Biden repeatedly pledged during the 2020 campaign to not raise taxes for Americans earning less than $400,000, but a new analysis suggests that nearly 60% of taxpayers would pay more under his proposals.
Three-quarters of households earning between $75,000 and $100,000 annually would face pay an additional $440 per year in taxes under Biden’s tax hikes, according to the data.
At the same time, about 69% of those earning between $100,000 and $200,000 would see their tax bill rise by $830 on average, while 83.7% of those earning between $200,000 and $500,000 would see an increase of $2,040 on average.
The highest earners are going to be paying more — a lot more — but nevertheless, this is a hella bigger tax burden than Americans were promised.
Again — miss Trump yet?
You should be. At least under him, you could keep more of your money.
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