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Tax Foundation president on Dems tax hikes: 'The war on success has begun'



Tax Foundation President Scott Hodge argues the Democrats tax proposals will create ‘a less prosperous America.’

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27 comments

  1. Biden came right out during his campaign for President that he was going to slam everyone with Extreme Tax Hikes. And they still were stupid enough to vote for him while fraudulent manipulation of votes were perpetrated by the Democrats.

  2. The US could have a 'tax in kind' on stocks that forces the purchase or issue of 1/10th of a stock for every stock bought or issued that is then owned by the US government. CEO's that stock dilute to tax shareholders get taxed 1/10th of those gains, when they take their bonus in shares they must issue a further 1/10th of those shares to the state, when they purchase shares they pay 1/10th extra to give that fractional stock to the state. The beauty of this system is over time the state develops a hands free income from stock dividends that allows it to replace income taxes with what approaches 1/10th ownership of all companies over time. As US citizens pay tax to the US no matter where they are if they try to purchase stocks on other stock markets to avoid the 1/10th share to the state, when they're audited for taxes those transactions will show on their accounts if they purchased direct from their bank a/c & theyll have to purchase those shares at current price to 'complete' their tax/share bill, as its only 1/10th paying 'consultancy fee's' to hide the transaction cost more in the consultants income tax & charitable donations to charities they own will generate less income over time than proper stock investments. Corporations can't escape their shareholders no matter where they move HQ.

  3. Obama raised the corporate tax rate and businesses fled the country and the economy stalled and now here we go again…are these.people really that stupid?

  4. The Great Socialist State of California in the USA,…, and so it begins. Republicans AND Democrats,…, there is a pack of foxes in the hen house- and it's Socialist.

  5. We need to run the activists out of state and federal senates among other leadership roles along with schools so we can have kids that produce more than an empty fridge and higher power bills. Until that happens we are all stuck with this bullscript. The zombie brains we are up against dont know how to communicate with plain words anymore

  6. Using climate change as a ruse to get funding for your socialist agenda is devious ! And to believe anything Biden says or pushes turns out to be absolute chaos and a doomed fate ! Don't be suckered by this jackal ! His Build Back Better money is a scam to defund tax payers with an Anti-American agenda that the Socialist Democrats are panting for ! Just watch what they actually do with that money if idiots in D.C. approve it ! 👎 The public outrage is going to be breathtaking 👍🇺🇸

  7. The WOKE is hiring hundreds of WOKE IRS agents to unleash on anyone unfortunate enough to owe taxes. They will have access to everyone’s private information to hunt down conservatives like Louis Lerner did! This is truly frightening. Will the WOKE tax auditors be accountants…high school graduates? What exactly are their qualifications?? Political science majors…?

  8. "RAISE TAXES ON THEE/NOT ON ME"…DEM-O-RATS are coming out of the SWAMP to feed on the taxpayers!🐀🐀🐀🐀🇺🇸👀👎

  9. FOX ID FLEECING YOU IDIOTS ! SALES TAX EATS 20% OF ALL GOP PEOPLE'S INCOME AND OUR RICH GOP MASTERS THAT OWN US SLAVE THRALLS NEVER SPEAK ABOUT IT INSTEAD THEY TRY TO THROW US OFF BY SAYING THE DEMS RAISE TAXES ! DO NOT FALL FOR THE GREAT GOP LIE ! STOP PAYING SALES TAXES AND WATCH OUR RICH MASTER OWNERS SOB AND CRY !

  10. If you want an exemption you'll have to cut Nancy in , after you buy her , chuck u . Gotta get some

  11. Most people think…. Investing in crypto is all about buying coins and holding, till it rises, 🙅 come on it takes much analysis to be a successful crypto trader.
    I've made $16,000 in two weeks of trade.

  12. After having some doubts and anxiety, I feel so
    ecstatic now on my first profit withdrawal of
    $16,200 from my $3,400 investment

  13. I have always found it highly ironic and idiotic that Hollywood, sports entertainment, and silicon valley all vote Democrat knowing that Democrats will do nothing but raise the taxes on them. The true definition of stupidity is doing the same thing over and over and expecting a different result.

  14. Memo to those who claim to be fiscally responsible: The more effort you put into killing or rolling back various tax increases on the wealthy and corporations, the weaker your claims are to being deficit hawks.

  15. Dementia Joe Biden destroys America

  16. Cavuto must be eliminated in his convoluted dispensation of business diffusal in light of chaos

  17. THE GOVT OF CRIMINAL TAX FRAUDS!!!

  18. What if we just let people get the Gov't they vote for? So those of us that voted for Trump get to keep is tax laws and those that voted for the Potato can take on all this lovely new Tax burden. Especially those MSM and Social Media giants that shilled for him. They should pay the majority share of the new taxes. They DESERVE the gov't they endorsed.

  19. What's sad is all the rich liberals elites will figure out a way to dodge these taxes and they will still vote democrat.

  20. Wealth tax on the Super Rich is needed in America!! Also, if you don't make it here you can't sell it here!!! Phase it in to help avoid shortages for a time until manufacturing picks up using clean power only! No fossil fuels!!!

  21. The businesses wiil just pass the tax hikes on to consumers , so biden is still screwing the little guy.

  22. Raise money? They are theifs. They take the money without consent.

  23. Joe Biden is a lier and a idiot
    Don't trust Biden Harris
    Trump did a good job a world class job
    Look back the things Trump or Biden
    Thay say Trump has a hard style , because he has a lot of success doing it
    If I owned a large business Trump would be my main employee
    I expect things to happen Mr Trump would do it
    Joe Biden on the other hand never ran a business he just spent our money I haven't seen anything he has done
    Joe raised his son look what kind of person he is. Because he watched his family and how things work

  24. Anyone ever wonder what if all workers decided fuk it I want to get free money too?

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