Tim Kaine Pushed for Income Tax Hikes

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mmckee1952
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Tim Kaine Pushed for Income Tax Hikes

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Tim Kaine Pushed for Income Tax Hikes on Families Making as Little as $17,000
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If prospective Hillary Clinton running mate Tim Kaine had his way, Virginia residents would be paying billions in higher taxes. As governor, Kaine sought to impose nearly $4 billion in higher taxes, including an income tax hike on families earning as little as $17,000 a year. He pushed for tax hikes on businesses and higher taxes on distilled spirits and cigarettes:
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Income Tax Hike on Working Families: Kaine tried to Increase the bottom tax rate from 5.75% to 6.75%, directly affecting low income families earning as little as $17,000 annually.
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Business Tax: Tax increase on businesses collecting sales tax bumping the state rate from 4% to 4.3%
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Alcohol Tax: Kaine pushed a 2% markup on distilled spirits.
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Cigarette Tax: Kaine pushed a 60-cents per pack cigarette tax increase.
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Kaine’s record in support of tax hikes makes him attractive to Hillary, who has proposed a series of tax increases totaling at least $1 trillion over 10 years.
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Read More: https://www.atr.org/tim-kaine-pushed-in ... ttle-17000
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My Thoughts:
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Just remember this in November, if he wanted this back then, what makes you think he won’t want it again, vote this POS out of office.
“Those who surrender freedom for security will not have, nor do they deserve, either one.”
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wittmeba
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Re: Tim Kaine Pushed for Income Tax Hikes

Post by wittmeba »

I have yet to hear anyone speaking of taxes mention that there are always trade-offs to matters like this. Taxes and tariffs seem mentioned more than other matters. I think DJT is trying to juggle tariffs and taxes to benefit the American workers but the trade-offs are not considered.

Taxes consistently hurt the little guy much more than the big guy where they need to be enforced. A tax change of 1-2% may greatly hurt the little guy, but could make a significant increase in "real" funds in the tax pot if applied to big business and the wealthy. Until a process can be put in place to tax businesses and the wealthy it will never change. The monetary gap only increases as we roll along like we are.
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