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Empowered Dems Muscles with numerous new tax offers



Washington's newly strengthened Democrats and state houses across the country are pursuing a series of tax proposals that would affect billionaires and workers alike.

From DC to Sacramento, the controversial charges include everything from a "wealth" tax "to new ammunition and food charges, some of which are intended to deter certain types of purchases – such as weapons and ammunition – while others are intended to help to pay for ambitious new programs.

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Here are just a few of the proposals that have been considered since the beginning of the New Year:

Wealth Tax

The United States Senator, Elizabeth Warren , who is about to launch their presidential campaign for the democratization of presidential candidates, has proposed a tax of two percent on the assets of over $ 50 million, 3 percent tax on the net assets of over a billion dollars unique in that it targets assets and not income, and he had already some constitutional questions.

Although critics also find that it would be difficult to enforce, as the state would need to estimate assets, the proposal is estimated to affect about 75,000 households.

The Senator has cited it as a target group for those at the top of the prosperity scale to pay for programs such as state-sponsored childcare and more.

While Warren aims for wealth, others The legislator has created the opportunity to raise the income tax rate for those at the top. Although not formal, MEP Alexandria Ocasio-Cortez has imposed a 70 percent border tax on income in excess of US $ 1

0 million. The plan of the democratic socialist legislature is not unique – from 1957 to the 1970s the tax rate was 70 percent or more – but the idea was sharply criticized by Republicans and some moderate Democrats.

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And billionaires like former Starbucks boss Howard Schultz and former mayor of New York, Michael Bloomberg, both of whom are presidential runners, have beaten back. Schultz has described some of the Democrats' ideas as "ridiculous", while last weekend Bloomberg compared Warren's plan to the kind of politics that devastated the Venezuelan economy.

"We need a healthy economy, and we should not be ashamed of our economy." He told reporters during an event in New Hampshire.

"Billionaires like Howard Schultz and Michael Bloomberg want to maintain a rigged system that only benefits them and their friends, and they want to spend money to try and buy the presidency to keep it that way my watch, "Warren tweeted.

California Gun Tax

With a supermajority in both Houses of Parliament and a new governor who wants to take a determined stance on gun control, California legislators are hoping to get past Assembly Bill 18 quickly, which includes the sale of small arms and handguns wants to tax semi-automatic weapons in order to raise funds for arms control programs.

The bill was sponsored by Democrat MP Marc Levine, who would introduce a "excise tax on the sale of handguns and semi-automatic rifles" and hand over the resulting revenue to the California Violence Intervention and Prevention Grant Program (CalVIP).

Violence prevention initiatives to be consistent with our state's strict arms laws and as effective as other countries' violence prevention programs, "Levine said in a statement earlier this month.

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The tax legislation has unsurprisingly voiced strong criticism from gun ownership and hunting groups.

"While the legislation lacks detail on what the actual proposal will look like, it expresses the intent to add an extra Levy a tax on handguns and semi-automatic firearms for distribution to various community-based intervention and prevention programs, "said the National Rifle Association's Institute of Legislative Action in a statement." Legislators are again saddling legitimate gun owners with additional taxes and fees for the crimes of criminals. "

Connecticut Ammo Tax

California is not the only state dealing with gun taxes.

A Democratic Connecticut The state legislature passed a law on Monday to raise the tax on ammunition in the state by 50 percent.

"Currently, ammunition is taxed at the same rate as other products, but we want to increase it by 50 percent because we see it as a prevention measure," said MEP Jillian Gilchrest in a video posted on Twitter. "If, for example, someone buys a 50-pound ammunition, which costs about $ 10, that would raise the price to $ 15."

Gilchrest further explains that members of the military and law enforcement agencies are being exempted from the police These tax exemptions do not appear in a first draft bill, published on the Connecticut Legislator's website.

In a statement on Tuesday, the NRA condemned Gilchrest's efforts.

"This terrible legislation punishes law-abiding citizens It makes it harder to learn how to use firearms safely," the NRA said in a statement released on Twitter.

Connecticut Grocery Tax

Together with an ammunition tax, Connecticut is also investigating a possible tax on food and drug recipes.

Connecticut Gov. Ned Lamont ponders, including the tax as part of his government's first budget proposal, due later this month.

While the details of potential sales tax are unclear, if it is a local repo According to rt, the tax, if enforced, could be set at currently 6.35 percent sales tax or capped at two percent, as recommended by a "tax audit commission."

Even consideration However, such a tax is a spark a backlash against the democrati governor in the state with a history of high taxes.

"The people of Connecticut are preparing themselves and their financial plans to cope with the brunt of Governor Lamont and the Democratic delegates of Connecticut and their new taxes and proposals," said House News's Republican leader Themis Klarides. Taking food and medicines to earn revenue is a terrible strategy. "

" Rain Tax "in New Jersey

The residents of New Jersey could be hit by the Republican, who is called the" rain tax "if the Democratic Government Phil Murphy Signs Newly-Passed Legislation.

The bill passed by the New Jersey Assembly and Senate would allow local authorities to create utilities that can charge homeowners and business owners who have large paved surfaces, such as driveways and parking spaces Rainwater mixes with pollutants on these surfaces before it enters drains and sewers. The funds from the fees could be used for upgrades to reduce the impact on the environment.

"With all the salt we've had on the streets lately, everything is running into sewage systems so you can not ignore problems because they will not go away," said New Jersey's Senate President Steve Sweeney , to CBS New York.

The bill would set up a "Clean Stormwater and Floor Reduction Fund" to be used by state rainwater companies to monitor water quality, pollution reduction projects and pollution control programs, as required by law Provisions.

But the Republicans have blown up the plan, calling it a "rain tax," and complaining to the state that it has already caused too many costs to the residents. [19659007] "We all want to protect our environment Receive it for future generations, but this is a weighted tax, "said Sen. Tom Kean Jr. opposite CBS New York. "The citizens of New Jersey … really [have] no way to defend themselves against tax increases at the local level."

Nebraska Beer Tax

Not only Democrats have introduced recent tax proposals.

Two Republican States Nebraska senators Tom Briese and Curt Friesen have introduced two legislative proposals that would raise taxes on beer, wine and spirits by 345 percent.

Legislators claim that the tax would only amount to a 10-cent increase in the price of a pitcher of beer and is part of the solution to lower property taxes to state farmers. The breweries in Cornhusker State are not happy.

"We are really scared that this will happen. This will slow down the growth of this industry," said Gabby Ayala, managing director of the Nebraska Craft Brewers Guild, the Omaha World Herald. "Other high-tax states do not have that many breweries – that's what keeps people from investing and expanding."

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. Craft Brewers in Nebraska argue that their businesses are revived small communities and are an economic success story in a state that depends heavily on agriculture.

"These breweries are the only real bright spot in many small towns," said Caleb Pollard of Scratchtown Brewing Co. of Ord, a city of 2,100 people.

While the law has encountered resistance, lawmakers making proposals to facilitate property tax claim that so-called "sin taxes" – taxes on alcohol, tobacco and gambling – make sense.

"We have a property tax crisis in Nebraska," Briese told the newspaper. "The responsible approach for immediate and significant relief is access to other taxes."

Brooke Singman and Gregg Re of Fox News contributed to this report.


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