Democrat Promises More Taxes If The Party Stays In Power – IOTW Report

Democrat Promises More Taxes If The Party Stays In Power

FOX: Democratic Rep. Richard Neal of Massachusetts suggested that the House would increase tax rates if his party remains in power following the upcoming midterm elections this fall, according to a congressional reporter.

Neal, the chairman of the House Ways and Means Committee, said Democrats, should they keep power in the House, will look to raise corporate and individual tax rates in 2023, according to a Bloomberg reporter.

The Inflation Reduction Act, a social spending and tax increase measure that is expected to pass in the House on Friday, includes a proposed expansion of the Internal Revenue Service (IRS).

The expansion includes an $80 billion boost to the IRS over a 10-year period, with more than half intended to help the agency crack down on tax evasion.

If the bill is passed, the money allotted would go toward filling 87,000 IRS positions, more than doubling the agency’s current size. The Treasury Department says some of the new hires would replace 50,000 employees who are expected to retire in the next five years.

The measure passed in the Senate on Sunday along party lines, with Vice President Kamala Harris casting a tie-breaking vote, after it was introduced last month and agreed upon by Sen. Joe Manchin, D-W.Va., and Senate Majority Leader Chuck Schumer, D-N.Y.

President Biden repeatedly pledged on the campaign trail to not raise taxes on Americans earning less than $400,000. more here

23 Comments on Democrat Promises More Taxes If The Party Stays In Power

  1. ^^^^ This clown wants to pay more taxes. And more for gas. And more for groceries. And have the FBI break down his door. He either is not a US citizen or is a complete moron. I’m going wit complete moron dependent on the state dole.

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  2. People who don’t pay attention never seem to realize that Democrats LOVE taxation.
    Taxation provides the extra money (from taxpayers) that Democrats use to pay their most loyal supporters…like labor unions. It’s a symbiotic relationship.

    Don’t be stupid, don’t vote Democrat

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  3. The reason that cock sucker in the photo is smiling is because he knows that labor unions depend on increased taxation to grease their personal income. They will always vote Democrat. They don’t give a shit about you and your burden.

    Stop being a patsy.

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  4. Unky Al

    I think it would be fun actually meeting these Trolls. Some we’d probably need to fly in from main land China. I’m thinking about 18% haven’t hit puberty yet. And the balance are actually Democrat Law Makers. LOL

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  5. @Brad — I usually have pretty good self-control, but if I ever met any of these aggravating morons I’d better have left my pistol at home (which I never do). But, gee-golly, I somehow just might have forgotten to leave behind my 4″ folder.

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  6. “The Treasury Department says some of the new hires would replace 50,000 employees who are expected to retire in the next five years.”
    Wouldn’t they be replaced with lower paid entry level employees?

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  7. This guy is elected to office by the “urban citizens” in Springfield, Pittsfield, Northampton, and Greenfield (don’t know if Amherst is his as well). He’s been a do-nothing rep for the past thirty years, previous to which he was the do-nothing mayor of Springfield (and he’s a failed defense attorney as well).

    The only way this guy is leaving office is by quitting, or dying. The urbans will continue to elect him …even if he ran on a platform of requiring the mandatory sacrifice of one’s first born child.

    That Richie would come out and announce tax increases should clear-up any misconceptions one may have concerning the integrity of our electoral processes.

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