"The $1.5 trillion in taxes from Build Back Broke are back in this budget, once again breaking Bidens promise to not raise taxes on Americans making less than $400K. JCT estimates that 2/3rds of Build Back Brokes employer taxes would fall on low- and middle-income families. 2/8"Read on Twitter
Here are other recent tweets from Jason Smith:
"Bidens budget levies $58 trillion in taxes over 10 years, including $4 trillion in new taxes. These new taxes will crush the job creators, families, and small businesses already struggling to keep up with the highest inflation in 41 years. 3/8"Read on Twitter"Read on Twitter
"Despite Democrat attempts to blame TCJA for driving deficits, the truth is that federal revenues are still up 25%, or $418 billion, so far this year. This is after overall federal tax collections grew by more than $600 billion or 18% last yearthe largest increase since 1969. 4/8"Read on Twitter"Read on Twitter
"Its clear Washington has a spending not a revenue problem. But now Democrats want to repeal the Trump tax cuts that will raise taxes by $2,000/year on middle-class families while giving millionaires a $700 billion tax cut with the return of the full SALT deduction 5/8"Read on Twitter"Read on Twitter
Alerts Sign-up