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Democrats are after more of your money. That’s no surprise, but we’re just now getting a better look at exactly what they’re after, based on documents circulated over the weekend.

“Why?” is a logical question. In other words, why are Democrats trying to raise taxes? The answer is because they’re working on massive increases in federal spending – a lot of it on social, climate, and other domestic spending that we simply cannot afford – which has a slightly better chance of passing if they can find ways to pay for it. (Or at least part of it.)

So that’s where you, the taxpayer, come in.

First on their radar is a tax that will hit everyone: raising the corporate tax rate from 21% to 26.5%. The reason that’s really a tax on you is because corporations ultimately don’t pay taxes. People do!

When government takes money from ANY business in the form of taxes, there’s ABSOLUTLY NOTHING that company can do except pass along the tax to either: (1) customers, in the form of higher prices, (2) employees, in the form of lower wages & benefits, or (3) people who own the company, in the form of lower shareholder value and less reinvested in growth & innovation.

That’s the way it works. When you tax a company, you’re taxing people. Not to mention, a 26.5% is a higher corporate tax rate than communist China!

Democrats are also eyeballing hikes in the top capital gains rate, as well as changes to estate tax laws and various other taxes. Collectively, this would all represent the highest tax increase our nation has ever seen in terms of dollars, and the highest tax increase in the last 50 years relative to the size of the U.S. economy.

To the extent the media covers any of this, listen closely to their narrative. You’re almost guaranteed to hear soundbites from liberal politicians about “corporations paying their fair share.” But highly unlikely to hear anything about those who will ultimately pay for these Democrat tax hikes: YOU.

Sadly missing is any honest effort to balance our federal budget, reduce our $28.7 trillion national debt, or identify & eliminate wasteful spending. It’s utterly maddening.