Corporate tax hikes impact Middle and Lower classes

By Brad Polumbo

National Review

“Even the most favorable analyses, such as one from the Tax Policy Center, a project by the left-leaning Urban Institute and Brookings Institution, find that “the bottom 80% of households pay more than one-quarter of corporate taxes.” This means that whatever they pay to the IRS, millions of Americans earning far less than $400,000 will still suffer a de facto tax increase under the Democrats’ proposed schemes.”

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