Virginia’s Democrats ran on affordability but are raising the top rate on taxes to the highest in the nation. The state tax rate could rise from 5.75% to 13.8% for the wealthiest. It’s a wealth tax similar to what President Maduro had in Venezuela. It will begin with people who make a million dollars a year, which includes small businesses. When they want more money, and they will, they will lower the eligible income. Gov. Spanberger is looking to create a backdoor carbon tax on electricity. They are taxing ownership. It doesn’t stop there. It turns out the affordability was only for Democrat politicians who seek to double their salaries. They all want pay raises.
This type of taxation will come to every American if Democrats get back in power.
Read Full Article: https://www.independentsentinel.com/virginia-democrats-create-taxes-even-on-ownership-double-their-salaries/
