USA – -(AmmoLand.com)- Why is Chuck Shumer smiling? He proposed a $1 TRILLION tax increase!
Here are the specifics.
- Increase the top marginal income tax rate from 37 percent to 39.6 percent.
- Increase the corporate income tax rate from 21 percent to 25 percent.
- Bring back the alternative minimum tax (AMT) for 4 million families.
- Cut the “death tax” standard deduction in half.
The effect will be to blow a hole in the economy and drop economic growth back to anemic Obama era numbers. That is the Democrats plan, you know… destroy the economy so they can win in 2020.
So the next line I get when I mention this fact is that it is fake news intended just to scare votes.
Well I’d suggest you simply search for it on Bing (I am not using Google any longer). For those of you who may doubt me here is a link.
So why Forbes? Because the MSM liberal news outlets don’t want you to know about the Democrats’ plans!
Liberals have to hide their plans from the populace in order to get elected. If this was covered Nationally say the same way Stormy Daniels is covered the left would lose seats in November. So their media keep it quiet.
This is why AmmoLand News matters and why you HAVE to get out and vote.
You think this is bad… Have you seen the Democrats’ Semi-Automatic firearms ban? Rifle, Shotgun, many pistols. Almost all Semi-Autos will be banned if they get their way.
So share this on social media, make sure that people know what the Democrats are really planning.
Don’t let Nancy Pelosi be Speaker of the House again!
About Don McDougall
Don McDougall is an NRA instructor and member of the Los Padres “Friends of the NRA” committee. If he’s not at the range, you will find him setting the record straight with on gun issues and gun safety on AmmoLand Shooting Sports News.