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Tim Kaine Pushed for Income Tax Hikes

Posted: Thu, 06 Sep 2018 01:05:17
by mmckee1952
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.

Re: Tim Kaine Pushed for Income Tax Hikes

Posted: Sat, 08 Sep 2018 12:07:29
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.