Julián Castro: ‘We’re Going to Have to Raise Taxes’

Breitbart | 7/27/2019 | Kyle Morris
PaMe (Posted by) Level 3
Click For Photo: https://media.breitbart.com/media/2019/07/72419-Julian-Castro-NAACP-Detroit-Getty-640x335.jpg

Democrat presidential hopeful Julián Castro spoke at the NAACP annual convention in Detroit this week and claimed, “we’re going to have to raise taxes” and “repeal and replace” the GOP tax cuts.

“How can the nation pay its bills without raising taxes,” the moderator asked Castro.

Part - Answer - Taxes - Castro - Trump

“Well, I think that part of the answer is that we’re going to have to raise taxes,” Castro responded. “We’re going to begin by repealing and replacing the Trump tax cuts.”

According to Americans for Tax Reform, repealing the GOP tax cuts would financially affect many Americans.

Americans - Tax - Reform - Family - Income

Americans for Tax Reform reported: “A family of four earning the median income of $73,000 would see a $2,000 tax increase” and “a single parent (with one child) making $41,000 would see a $1,300 tax increase.”

Should the GOP tax cuts be repealed, Americans for Tax Reform also reported:

Millions - Households - Obamacare - Mandate - Tax

Millions of low and middle-income households would be stuck paying the Obamacare individual mandate tax.

Utility bills would go up in all 50 states as a direct result of the corporate income tax increase.

Employers - Tax - Increase

Small employers will face a tax increase due to the...
(Excerpt) Read more at: Breitbart
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