In Democratic tax plan, the middle class pays while rich find shelters

The Hill ^ | 10/18/2018 | Kristin Tate

[therightliveswithus]

Planning to vote in November? Ambivalent about the two parties? Well, if you’re concerned about wealthy individuals moving their money offshore to prevent paying income taxes — and forcing you to pay more — then you have just one choice: Vote for Republicans. The same goes if you’re concerned about the middle and working classes being burdened by new taxes and deficit spending. Remember, any plan that talks about taxing the rich means that the dollars will come out of your pocket.

Yes, Republicans are the only party whose policies will prevent billions of dollars from being patriated overseas to avoid higher income taxes. Lower tax rates across the board and the elimination of loopholes will keep capital in the country. Democrats are likely to raise taxes on the middle class, but are absolutely clear about jacking up rates on high earners.

[Vigilanteman]

There is a reasonable argument to be made that the Democrats are the party of the super wealthy. Even the Globalist Koch Brothers are pikers compared to billionaires like Tom Steyer and George Soros.

[BitWielder1]

When the Dems say they're going to raise taxes, believe them.

[wally_bert]

So many fools think it’s a great idea.

[griswold3]

Those that ‘Create Value’ are punished by those who ‘Capture Value’.

[Pelham]

The majority of Hollywood and Silicon Valley rich are either Left-libertarian or Democrat-Left. Amounts to the same thing.

[simpson96]

Author is left wing hack. Pffft.