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Democrats move to crush small business

Democrats may be obsessed with impeachment, but they’re still finding time to advance a left-wing agenda. And that should terrify all Americans.

At its core, the Democratic Party remains the party of high taxes and burdensome regulations, and one deeply critical of America’s free-market economy. Our economy is not only the most powerful in the history of the world, but it is also reaching new heights under President Trump. The unemployment rate remains below four percent, while consumer spending is near an all-time high.

When even Vox calls the economy “strong,” you know there isn’t much to complain about.

And yet the Democratic platform would only weaken it, punishing employers and employees while ballooning the size of government.

Rep. John Larson (D-CT) recently introduced the Secure 2100 Act, which would subject all income above $250,000 to the Social Security payroll tax. In practice, this would amount to a $19 trillion tax hike, particularly detrimental to small business owners and those who depend on them. (Even Larson admits that many taxpayers would “pay more.”)

At least he’s honest. Larson’s plan would exponentially increase the tax burden on self-employed Americans — from restaurant owners and daycare providers to farmers and real estate agents. […]

Read the full story from American Thinker

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