Thursday, March 17, 2022

What a return to GOP control over Congress will mean

Democrats across the country are denouncing the GOP's new plan to raise taxes on the majority of Americans should they win a majority in the 2022 midterm elections. But given a chance to distance themselves from National Republican Senatorial Committee Chair Rick Scott's "Rescue America" proposal, not a single GOP senator or major Republican Senate candidate did so.

[...]

"All Americans should pay some income tax to have skin in the game, even if a small amount. Currently over half of Americans pay no income tax," the plan says.

While it is true that a majority of Americans did not pay any federal income tax in 2020 — while the pandemic shuttered much of the nation's economy — this claim is highly misleading.

Most of those people still paid Social Security and Medicare payroll taxes. Even those who did not — very low-income families and retired older Americans who no longer earn an income — likely supported the federal government through gasoline, alcohol, or tobacco taxes.

  American Independent
Sen. Chuck Grassley (R-Iowa), who has previously negotiated a plan to lower prescription drug costs with Finance Committee Chair Ron Wyden (D-Ore.), admitted during a committee hearing it would likely be hard to pass if his own party regained control of Congress. He called on Democrats to pass it now.

  Politico
...but hey, do what you want...you will anyway.

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