8 Things You Need to Know About Democrats’ Tax Increase Bill

Congressional Democrats this week finally unveiled the legislative text of the largest tax increase in more than 50 years.

1. It Violates Biden’s Pledge, Hiking Taxes on Earnings of $50,000+

2. It Hikes Individual Tax Rates, Makes Marriage Penalties Worse

3. It Raises Taxes on Pass-Through Businesses

4. It Increases Taxes on Capital Gains

5. Its Corporate Tax Rate Is Higher Than Communist China’s

6. It Penalizes International Trade

7. It Includes a Massive IRS Slush Fund

8. It’s Corporate Welfare, Central Planning Through Tax Code

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