If you think the entire population won't be impacted think again.
- End the 20 percent deduction for small business incomes above $400,000.
- Hike the corporate tax rate from 21 percent to 28 percent.
- Households could face higher utility bills as power and water providers pass on the cost of the higher taxes.
- Raise the top individual income rate back to 39.6 percent from 37 percent.
- Impose the 12.4 percent payroll taxes on earned income above $400,000.
- Reviving the Obamacare individual mandate taxhttps://www.breitbart.com/politics/2020/12/17/carney-bidens-massive-tax-hikes-inevitable-if-democrats-win-georgia-senate-races/
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