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READ MY LIPS NO NEW TAXES!
The new plan for tax simplification is nothing more than shifting the tax burden from wealth to the working people of this country. We were promised no new taxes, and now I ask; Oh really?
What is it called when you have to pay income tax on the money you send to the county appraisal district? That is called double taxation “taxing your taxes”. What is it called when they decide to stop giving your employer a tax break for offering you health insurance, that’s a “health insurance tax”? I don’t know about your employer, but mine will no longer offer me a subsidized insurance plan if they don’t get a tax break for it.
What do we get in return? The Administration of this Serfdom says they would eliminate taxes on dividends and capital gains paid out of fully taxed corporate profits. That’s not going to help me.
Now I don’t know about you individually, but according to the census bureau the median income of this county is below 42K, and 80% of the homes are owner occupied. This will impact a large number of us. We can’t afford this neighbor.
When you have absolute power, and it goes unchecked you can do about anything you want in Washington, and it looks like they are doing just that and sticking us with the bill. We all need to pay attention because power corrupts, and absolute power corrupts absolutely as they say.
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