Dem Leader Calls for Tax Increase on 99 Percent of Americans

Dem Leader Calls for Tax Increase on 99 Percent of Americans



They can never loot enough from the American people:

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“Closing loopholes is like getting rid of fraud, waste, and abuse — it sounds nice, until you’ve got to deal with it politically,” Hoyer said on MSNBC. “I was for the Clinton rates. I’m for the Clinton rates, today. Now, I wouldn’t phase in the Clinton rates immediately, because the economy is still trying to get back, so I would perhaps go at least another year until you get the full Clinton rates.”

A return to the Clinton tax rates would be a significant rate hike on 99 percent of Americans, as these numbers from the Tax Foundation show.

See the charts here.