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House Dems Propose $100 Billion Tax Hike Targeting The Poor

From freebeacon.com
2021-09-29 09:00:43
Patrick Hauf
Excerpt:

The Democrats’ $3.5 trillion budget proposal relies on a $100 billion tax hike that disproportionately targets the poor, lines the pockets of organized crime, and increases inequality.

The plan doubles the federal tax on cigarettes, which would break President Joe Biden’s promise to raise taxes only on those earning more than $400,000. Households with an income of $35,000 or less smoke at three times the rate of households with incomes of more than $100,000. Richard Marianos, a 27-year veteran of the Bureau of Alcohol, Tobacco, Firearms, and Explosives who worked on gang violence, said a tobacco tax increase will punish vulnerable communities.

“You’re punishing lower-income people, which the administration promised it wouldn’t do,”…

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