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MSNBC Alex Witt Reports September 19, 2021 18:28:00 - Vimarsana News

MSNBC Alex Witt Reports September 19, 2021 18:28:00

Income people and big corporations by trillions of dollars. the last time was in 2017, where they promised that it was going to raise wages by $5,000, that it was going to pay for itself and was going to lead to a massive increase in the growth rate and investment rate in the country. none of those things happened. not even close. so i find it a little weird that we're still having to argue with the trickle-downers about the question of, well, what are going to be the trickle-down negatives of increasing taxes on high income people and big corporations back to the levels that they were before,...

MSNBC Alex Witt Reports September 19, 2021 18:27:00 - Vimarsana News

MSNBC Alex Witt Reports September 19, 2021 18:27:00

That they come up with revenue somewhere else. regardless, i do think it's important to recognize. let's say there is some cigarette tax component in that. it's still going to be the case that 99.9% of the revenue is coming from people making more than $400,000 a year. so we can argue about whether health-imposed taxes should be considered income taxes on middle class people, but it's totally obvious that most of the money is coming from that same group that he intended. >> so here is a question on the broader scale. will democrats' proposed tax hikes eventually impact the middle class? can th...