Democrats Set To Raise Taxes On Hardworking Americans Again
Hey there,
Buckle up, because once again, the out-of-touch elitists in Washington are poised to raise your taxes. The so-called Trump tax cuts, passed in 2017 to spur investment and growth, are set to expire at the end of 2025.
That means Joe Biden and the Democrats can sit back and do nothing while your taxes go up. This isn't just about the top bracket. Taxes will increase for Americans across the income spectrum.
Higher Taxes Across The Board
The top rate will rise from 37% back to nearly 40%. But the income thresholds for the other brackets will revert to pre-2017 levels too. That means middle class Americans could pay 1% to 4% more, unless these provisions are extended. The Congressional Budget Office says extending all the cuts could add $3.7 trillion to the federal deficit over 10 years. But deficits only seem to matter to Democrats when there's a Republican in the White House.
They had no problem passing a $1.9 trillion stimulus under Biden last year. Of course, the Democrats claim they want to help working Americans. Don't be fooled. Biden has suggested he'll push to extend the cuts only for those earning under $400,000. How convenient. That shields most of his liberal base from tax hikes while punishing small business owners and investors who fuel economic growth.
Liberal Elites Lining Their Pockets
The bottom line is this: the Trump tax cuts helped all Americans. The economy was booming before the pandemic. Now elite Democrats want to reverse the progress and line their pockets with more of your hard-earned money. Their greed knows no bounds.
If you care about your income, your investments, and this country's future, you must demand these tax cuts be made permanent. Call your representatives. Don't let them get away with this middle class robbery. The power is still in your hands, if you choose to use it before it's too late.
Double Standard On Deficits
Of course, Democrats didn't seem worried about deficits when they passed trillions in stimulus spending last year. They only seem to care when it's tax cuts for ordinary Americans on the line. The Trump tax cuts were for real working people, not just coastal elites. Hardworking American taxpayers benefited greatly.
Extending them should be a priority. But the tax-and-spend Democrats want more of your money. For them, it's never enough. First they'll claim they need to raise rates on the rich. But their appetite for your cash is insatiable. Next it will be higher taxes on the middle class.
Keep The Faith - Our Best Days Are Ahead
These are challenging times, no doubt. The Democrats' economic policies threaten to derail all the progress we've made. But as long as patriots like you stay focused on what really matters - investing wisely, calling out liberal policies hurting growth, and supporting pro-business Republicans - our best days are ahead.
America has been through tough times before and emerged stronger. The future belongs to those willing to work for it. Our economy is resilient thanks to free market capitalism. There are still great investment opportunities out there for Americans who do their homework. The Trump tax cuts proved that pro-growth policies work.
Have faith. With God's help, and the perseverance of patriots like you, America's brightest days are still to come. Our economic freedom and prosperity will prevail, if we stand up for our rights.
Stay positive and keep fighting the good fight each day. Our grandchildren will thank us. If we hold true to conservative values, the country we love will continue to thrive.