Democrats want all your stuff. They think they can lower costs by raising your taxes. It’s illogical and has never worked. Laughably, Mark Kelly claimed he’d have to get Republicans on board. No one should believe that. He doesn’t believe it. However, it’s a good way to get out the vote.
They want to give the impression they support working people by stealing from others. They claim they will tax the rich, but it always comes back to the middle class.
The rich do a lot to create wealth, but they don’t when the taxes get too high. Most small business owners have to report business income as personal income. These taxes hurt them.
Mark Kelly says his plan to lower costs for Americans is to raise taxes.
KELLY: “We’re going to lower costs for the American people.”
CBS: How?
KELLY: “I’ve got legislation with Chris Van Hollen…it raises taxes…” https://t.co/GTod7Z7tjf
— RNC Research (@RNCResearch) October 4, 2026
The Working Americans’ Tax Cut
They are sponsoring the Working Americans’ Tax Cut Act (WATCA), and they are using the usual tax the rich mantra. That’s the plan that always ends up killing the middle class. Indeed, the bill eliminates tax breaks for couples making under $92,000, with tax breaks up to $161,000. It completely eliminates income taxes under $64,400 and phases out up to $112,700.
This is how you get rid of capitalism. Redistribution of wealth kills the American dream. It allegedly benefits roughly 130 million Americans. The rest of the country will pay for the 130 million.
It eliminates federal income taxes for individuals making under $46,000 (the national median cost of living).
Everyone should pay some federal taxes so everyone has a stake in the federal government. Without a stake, they will keep encouraging wealth redistribution.
The usual politicians introduced it. Senators Kelly, Van Hollen, Gillibrand, Booker, Kim, Welch, Coons, Blunt Rochester, and Rep. Don Beyer in the House.
The bill imposes a tiered surtax on annual incomes, capital gains, and investment income exceeding $1 million for individuals and $1.5 million for couples. That will hurt investment.
The bill uses tiered surtax rates (5%, 10%, and 12%) on income above $1 million.
They didn’t create the wealth, but they know how to take it.