Here’s that super tasty holiday dinner recipe you’ve been looking for. In addition to adding loads of flavor, the seasoning and overnight sitting makes for the best crust that’ll keep the juices sealed once the roast is put in the slow cooker.
William: Creating a 4% income-based premium for employees that exempts the first $29,000 of income for a family of four. This would generate $4 trillion. - Following the push for a $15/hr min wage, no full time worker would be exempt, therefore ALL full time employees regardless of wage would see an increase of 4% in taxes Enacting a 7.5% income-based premium that employers pay, but that excludes the first $1 million in payroll generated by small businesses. It would raise $5.4 trillion. - Larger employers would be faced to pay this 7.5% increase which could trigger them to reduce wage increases or other benefits, such as 401k match, tuition assistance, etc. that many employees use Eliminating health tax expenditures, which would net $5.2 trillion. - So if theses are eliminated, then the tax free benefit of employer health premiums goes away, therefore the employee must pay this balance portion, which again reduces income Taxing capital gains equally to income, raising $2.5 trillion. - Yes many rich use lower capital gains to increase their wealth, but most working class would see their 401k values decrease as their growth would be taxed, lowering their long term retirement savings. Restoring the federal corporate tax rate to 35%, and directing $1 trillion of the revenue towards financing Medicare for All. - Raising taxes on corporations pushes them to relocate out of the US. Recently, we saw Burger King move across the border to Canada due to the reduction in corporate taxes. Increasing corporate taxes means less profits, which means either prices go up (which is hard to justify to consumers) or cuts must be made in other areas. We see that as taxes go up, businesses cut back on employees. Increasing the corporate taxes would lead to increased unemployment, as well as make it harder for US based companies to compete with foreign competition. Overall, I see this as a way to reduce the US economy, increase unemployment, decrease worker's 401k and retirement savings, and simply increasing taxes on all working Americans reducing their spending abilities, thus further damaging the economy, leading to more layoffs, etc. Goes against everything one would learn in basic ECON 101.