WSJ: Biden tax hikes to “hit middle class hard”
April 1, 2021
Joe Biden and Democrats are straight up lying as they tell the American people the middle class won’t be impacted by their tax hikes.
From this morning’s Wall Street Journal: In other words, Mr. Biden’s corporate tax increases will hit the middle class hard—in the value of their 401(k)s, the size of their pay packets, and what they pay for goods and services. This damage won’t show up immediately, especially as the economy booms as Covid eases this year, but the corrosive impact will compound in the coming years.
It’s simple: Joe Biden and House Democrats are raising taxes on the middle class to pay for their socialist agenda.