List of Tax Hikes in Democrat Reconciliation Bill

Photo source: ATR

$6.5 Billion Natural Gas Tax Which Will Increase Household Energy Bills       

$12 Billion Crude Oil Tax Which Will Increase Household Costs

$1.2 Billion Coal Tax Which Will Increase Household Energy Bills

Corporate Income Tax Hike on U.S. Businesses Which Will Be Passed on to Households

$124 Billion Stock Tax Which Will Hit Your Nest Egg — 401(k)s, IRAs and Pension Plans

95% Federal Excise Tax on American Pharmaceutical Manufacturers

$52 Billion Income Tax Hike on Mid-Sized & Family Businesses

Supersizing the IRS to Increase Audits – $124 Billion

Read more: List of Tax Hikes in Democrat Reconciliation Bill

Posted on August 8, 2022 and filed under Taxes.