CAL THOMAS COMMENTARY SEPTEMBER 15, 2021
DEMOCRATS WANT TO RAISE OUR TAXES AGAIN. HOUSE DEMOCRATS ARE PROPOSING ALMOST $3
TRILLION IN TAX HIKES. THEY INCLUDE INCREASES ON SMALL BUSINESSES JUST RECOVERING FROM COVID
AND WORKING FAMILIES. IT WOULD BE THE LARGEST TAX INCREASE SINCE 1968 AND BIGGER THAN
COMMUNIST CHINA IMPOSES. IF YOU LIVE IN NEW YORK, COMBINED FEDERAL, STATE AND LOCAL TAXES
COULD EXCEED 61 PERCENT. WE’RE TALKING CONFISCATORY. NATURALLY, DEMOCRATS WOULD IMPOSE A
SURCHARGE ON PEOPLE EARNING OVER $5 MILLION. CAPITAL GAINS TAXES WOULD GO UP. THE HIGHEST
PERSONAL TAX WOULD BE BACK TO 39 PERCENT.
HAVE YOU NOTICED GOVERNMENT NEVER HAS ENOUGH AND CAN NEVER LIVE WITHIN OUR MEANS?
BUT THEY NEVER ASK US IF WE HAVE ENOUGH. EVERY ONE OF THEIR PROGRAMS IS SACROSANCT.
DEMOCRATS WANT TO ADD MORE ENTITLEMENTS. THEY NEVER CUT ANYTHING, NOT EVEN THE RATE OF
INCREASED SPENDING. IT’S THE SPENDING, NOT THE REVENUE. WHEN WILL VOTERS TIRE OF THIS NEVER-
ENDING CYCLE? PROSPERITY SHOULD BE A GOAL, NOT A PUNISHMENT. THESE INCREASES WILL HARM THE
ECONOMY AND LEAD TO MORE LAYOFFS. THEY MUST BE STOPPED. I’M CAL THOMAS.
