By Duncan Smith
President Donald Trump did not get much help from the two years of a GOP-controlled Congress.
The repeal of Obamacare, building a border wall, taking action against sanctuary cities — all things that Republican leaders campaigned on and championed for years — went by the wayside because these RINO hacks refused to let Trump have any “wins.”
There was one exception: Tax cuts.
Trump signed the largest tax reform in decades, which helped virtually all Americans and businesses.
And now, Democrats want to repeal all of those and impose new levies on Americans to pay for massive government spending and implement programs that will impose left-wing policies in perpetuity on the country.
The package of tax cuts approved four years ago under then-President Donald Trump will be in tatters if Democrats get their way with plans to fund a $3.5 trillion spending spree.
House Democrats have circulated a draft plan that includes about $2.9 trillion in new taxes, according to The Washington Post.
The proposal would raise the top tax rate on Americans earning over $435,000 from 37 percent to 39.6 percent, according to the report. Some corporations would see a tax increase from 21 percent to 26.5 percent under the plan.
As part of progressives' efforts to tax wealth, a 'surtax on high-income individuals' for Americans earning more than $5 million is in the plan, with an estimated haul of $127 billion.
White House spokesman Andrew Bates said the proposal 'makes significant progress toward ensuring our economy rewards work and not just wealth' while upholding President Joe Biden's promise to undo Trump's tax cuts in a way that does not raise rates on Americans who earn less than $400,000 annually.
The ease with which these people lie while they’re destroying our country is breathtaking.
Biden's inflation is GETTING WORSE by the month...
Around the world, supply chains continue to be disrupted. Delays are now commonplace. And they're going to get worse.
There IS a financial reset coming - that's just true. All the signs indicate as much.