Democrats’ Tax Hike Would Deepen Recession, Ortiz Says

“Senate Democrats are trying to violate the cardinal economic rule to never raise taxes during a recession. Making matters worse, a new analysis by the Joint Committee on Taxation finds that Democrats’ proposed tax hike would significantly raise taxes on middle-class Americans, deepening the recession and violating President Biden’s pledge not to raise taxes on anyone earning less than $400,000 per year,” said Alfredo Ortiz, president and CEO of Job Creators Network.