Tuesday, October 20, 2020

BIDEN MEANS HIGHER TAXES

 

Joe Biden would raise income taxes on those with incomes over $400,000, severely curtailing monies invested in our economy.  He would raise all individual and corporate income, capital gains, & payroll taxes.  The proposal imposes a 12.45% Social Security payroll tax on additional income.  His tax plan would repeal the 2017 Trump tax reductions.  The estate tax exemption would drop by about 50%.  The Tax Foundation declares his plan would reduce our gross domestic product.  Protect your savings & income!  Vote Trump! 



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