Hillary Clinton's $1 trillion tax hikes will hit the middle class and every American

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If Americans are so stupid and devoid of a moral compass as to elect pathological liar Hillary Clinton as president, they will get their just dessert when she unleashes a tsunami of taxes that will hit, not just “the rich,” but also the middle class and every American.
Hillary makes devil sign
Based on her campaign’s own figures, President Hillary will raise our taxes by a mind-boggling $1 trillion, at least, over the next 10 years.
If you think the $1 trillion in new taxes will come from “the rich” alone, then you’re living in Lala Land.
On July 24, 2016, interviewed on CBS’s 60 Minutes, correspondent Scott Pelley asked Hillary Clinton about her planned tax increases: “Who gets a tax increase? Who gets a tax cut?”
Hillary replied: “The middle class will not get a tax increase. That has been my pledge.”
When asked what “middle class” means, Hillary unambiguously replied, “Well, we say below $250,000.”
But her “rock-solid” pledge not to raise taxes on middle-class Americans is a lie, because Hillary already has endorsed the following tax increases on not just middle income, but all Americans:

1) Payroll tax hike

On January 11, 2016, during the Brown & Black Democratic Presidential Forum at Drake University in Des Moines, Iowa, referring to a plan called the FAMILY Act, which calls for a payroll tax increase on all Americans with wages of $113,700 and more, moderator Alicia Melendez pointedly asked Hillary if a payroll tax “were to reach your desk as President, would you veto it in order to make good on your tax pledge?” Hillary answered: “No. No.”
A video of Hillary’s tax hike admission can be viewed here. The relevant portion begins at 1:47:00.
Hillary’s refusal to veto a payroll tax is consistent with her admission on ABC’s This Week with George Stephanopoulos on December 6, 2015, that her promise of “no tax increases at all on anyone earning $250,000” is merely a “goal”.

2) $350 Billion Income Tax increase

To pay for her proposed $350 billion New College Compact — of greatly-reduced costs for all students who attend a 4-year public state college, and free tuition for community college students — Hillary proposes a $350 billion 10-year income tax hike in the form of a 28% cap on itemized deductions.

3) Soda tax

Most, if not all, Americans drink soda.
On April 20, 2016, despite her “rock-solid” pledge to the American people that she will not raise taxes on anyone earning less than $250,000, speaking in Philadelphia, Hillary said she is “very supportive” of a soda tax: “I’m very supportive of the mayor’s proposal to tax soda to get universal preschool for kids. I mean, we need universal preschool, and if that’s a way to do it, that’s how we should do it.”
The tax would be three cents per ounce of soda, which means 36 cents for the standard 12-oz. can of soda pop.
Hillary’s official campaign plan also calls for universal preschool for the entire country, which of course will have to be paid for — with higher taxes.

Hillary’s endorsement of a soda tax led her then-opponent Bernie Sanders to call it a regressive tax that would mainly hit low-income Americans. As reported by NBC News and The Daily Caller’s Chuck Ross, Sanders said:

“Frankly, I am very surprised that Secretary Clinton would support this regressive tax after pledging not to raise taxes on anyone making less than $250,000. This proposal clearly violates her pledge.”
“The mechanism here is fairly regressive. And that is, it will be increasing taxes on low income and working people.”

4) 25% national gun tax

In October 2015, NBC News reported that a study found that a third of Americans said they owned at least one gun. According to the Census Bureau, the U.S. population on January 1, 2015, was 320.09 million, which means as many as 106.7 million Americans owned a gun. That number is probably larger because when asked by a polling group, Americans likely would deny they have one instead of lie that they own gun(s).
On Sept. 30, 1993, in a passionate Senate testimony, calling gun owners and dealers “purveyors of violence,” Hillary Clinton endorsed a new national 25% retail sales tax on guns and $2,500 license fees for gun dealers, saying “I am speaking personally, but I feel very strongly about that.”

5) Carbon Tax

The 2016 Democrat Party platform endorses a carbon tax because “Democrats believe that carbon dioxide, methane, and other greenhouse gases should be priced to reflect their negative externalities, and to accelerate the transition to a clean economy and help meet out climate goals.”
Consistent with her party’s platform, Hillary’s campaign manager John Podesta recently said she would be open to a carbon tax. As reported by Politico Pro, Podesta told reporters, after speaking at an event hosted by green groups: “Right now we’ve not proposed a carbon tax. We believe we can get the job done. But if Congress wants to come forward with one, we’ll take a look at it.”
For that matter, in June 2015, Hillary’s bud, Sen. Chuck Schumer (D-NY) said that a Hillary victory in 2016 could pave the way for a carbon tax: “There’s one sort of [value-added tax] Democrats might be for — and that’s a carbon tax. So you might get a compromise along those lines.”

6) Other Taxes

  • $275 billion business tax increase through undefined business tax reform, as described in a Clinton campaign document.
  • $400 billion “Fairness” tax increase: According to her published plan, Hillary calls for a tax increase of “between $400 and $500 billion” by “restoring basic fairness to our tax code.” These proposals include a “fair share surcharge,” the taxing of carried interest capital gains as ordinary income, and a hike in the Death Tax.
  • Capital Gains Tax Increase: Hillary has proposed an increase in the capital gains tax to counter the “tyranny of today’s earnings report.” Her plan calls for a byzantine capital gains tax regime with six rates. Her campaign has not put a dollar amount on this tax increase.
  • Tax on Stock Trading: Hillary has also proposed a new tax on stock trading, which will be borne by millions of American families who have 401(k)s, IRAs and other savings accounts. Again, no dollar figure for this tax hike has been released by the Clinton campaign.
  • Exit Tax: Hillary has proposed what she calls an “exit tax” on income earned overseas, which would raise $80 billion in tax revenue.

Hillary’s running-mate, Tim Kaine, is also dedicated to tax hikes. See:

Source: Americans for Tax Reform (ATR), which has a website dedicated to tracking Hillary’s tax hikes, HighTaxHillary.com.
See also:

H/t FOTM‘s josephbc69
~Eowyn

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0 responses to “Hillary Clinton's $1 trillion tax hikes will hit the middle class and every American

  1. Get ready to empty your wallets for this womyn…

     
  2. It appears that she wants to raise taxes on everything…..
    …. except ugly pantsuits.
    Stick a surcharge on those….. in the ‘plus’ sizes. We’ll make a ton of money just on the ‘over the hill’ democrats!

     
  3. That’s the reason I won’t be voting for Hillary. She will tax every dollar in your wallet. I remember the Clinton Administration too well. In case the younger generation doesn’t know this, Clinton was the one who taxed Social Security. It was supposed to be a tax just on affluent seniors, but the tax is hitting almost all senior citizens. They take half of your Social Security, add it to your other income and if it is more than $25,000 you pay the tax. In today’s economy with the rising costs of living and medications, $25,000 is not much money for a senior to live on. If you notice she has not mentioned repealing this tax. She is likely to increase it. When it comes to voting for Hillary senior citizens should beware!

     
  4. Vote for Hillary and you’ll need this:
    https://upload.wikimedia.org/wikipedia/commons/3/3e/K-Y.jpg

     
  5. All politics is a dog-and-pony show, a pantomime, a shadow show in Plato’s Cave. And almost all politicians are sock puppets, whose public machinations are programmed from an unseen secret and shadow government from behind the scenes.
    And the voters are the little children who don’t want the magician to spoil the fun by explaining how he performed the card trick.
    What the Hell is going on???
    When I was a boy, my father and I watched a lot of television together. I asked him why it was that, even though we see the Loony Toons cartoon or the Laurel & Hardy episode for the tenth time, Why is it still funny? Especially when we know how it will end?
    And I also knew, as an eight year old, from my friends, that there was a lot of magic and misconception, and, we couldn’t figure it out, but we knew it all the same. We just didn’t want to discover the secret yet. We weren’t ready.
    Then my grandmother took me to the World’s Fair. We were waiting in line at the Johnson’s Wax pavilion, where the machinery unveiled a large puppet or mannequin. I watched and wondered where the mannequin disappeared to. I looked underneath the machine, and then I knew.
    Dr. Eowyn and Auntie Lulu will understand this. Many others—including the morons on “The View” (or the McLaughlin Gang, for that matter)—will not.
    The Curious Case of the Wind-Up Witch, Killary, the Klownish Koughing Kween, is no different from any other matter: She’s lying, of course, and her followers KNOW IT: They’re intellectual children who are NOT READY TO GROW UP. The problem lay NOT in their powers of perception, but in their (collective) WILL. If any of them look UNDERNEATH the machinery, then they will DISCOVER the secret of the Magic Trick.
    IN OTHER WORDS, LOOK at the photograph THE VERY INSTANT John Gotti, Sr., heard he was GUILTY!
    We’re Adam & Eve in the Garden of Eden. And the Serpent is still beguiling us, still tempting us. The Silent Witnesses of God SEE what is happening; the Serpent sure SEES it! Adam & Eve DO NOT. BECAUSE THEY DO NOT WANT TO!
    Ever since Woodrow Wilson signed the Federal Reserve Act into Law, we’ve been trapped in this little plastic SNOWBALL OF EVIL, and the secret shadow masters of the Ruling Elite KNOW THIS: Folks like us, men and women in the street, AREN’T SUPPOSED TO KNOW IT. (And truth be told, our obstinance is never-ending: HOW FEW people WANT to know the TRUTH about 9/11!)
    So is Hillary WICKED? Is she evil? Of Course she is. She is just the latest puppet, and she’s been given a LONG LEASH because she does what she is told to do! But the Magicians are running out of tricks. The Ponzi Scheme is entering the Endgame Stage. The Day of Reckoning is COMING. And God Almighty Shall See To It that That Day comes.
    Well! We are living in “interesting times.” Only very few people—even at the top—know it. (I don’t even think Donald Trump knows it). Things are going to get REALLY INTERESTING REALLY SOON. So we have to choose that President who can buy us all the time he can buy us. BUT: We have GOT. TO. WAKE. UP.

     
  6. Pingback: Hill No! – Hillary Clinton’s $1 trillion tax hikes will hit the middle class and every American

  7. I don’t drink soda. So yay.

     
  8. Pingback: Hillary Clinton’s $1 trillion tax hikes will hit the middle class and every American — Fellowship of the Minds | kommonsentsjane

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