FIGURES: Hillary VP Choice Tim Kaine Hiked Taxes on Households Making as Little as $17,000
If prospective Hillary Clinton running mate Tim Kaine had his way, Virginia residents would be paying billions in higher taxes. As governor, Kaine sought to impose nearly $4 billion in higher taxes, including an income tax hike on families earning as little as $17,000 a year. He pushed for tax hikes on businesses and higher taxes on distilled spirits and cigarettes:
Income Tax Hike on Working Families: Kaine tried to Increase the bottom tax rate from 5.75% to 6.75%, directing affecting low income families earning as little as $17,000 annually.
Business Tax: Tax increase on businesses collecting sales tax bumping the state rate from 4% to 4.3%
Alcohol Tax: Kaine pushed a 2% markup on distilled spirits.
Cigarette Tax: Kaine pushed a 60-cents per pack cigarette tax increase.
Kaine’s record in support of tax hikes makes him attractive to Hillary, who has proposed a series of tax increases totaling at least $1 trillion over 10 years.
To learn more about Kaine and Clinton’s tax hike records, visit ATR’s dedicated website, HighTaxHillary.com
Read more at ATR.org.
Source: http://directorblue.blogspot.com/2016/07/figures-hillary-vp-choice-tim-kaine.html
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