In a moment of honesty, Hillary Clinton pledges to soak the rich with major tax hikes

Hillary needs a raise. Thanks!

Hillary Clinton experienced a moment of honesty with the American people last night. While accepting her party's nomination, she pledged to soak the rich to thunderous applause.

LOS ANGELES, CA (California Network) - Hillary Clinton wants to raise everybody's taxes. Of course, most liberals lack an understanding of economics, which is probably why they're liberals. Few would acknowledge that Clinton wants their money too.

Americans for Tax Reform listed a series of tax hikes planned by Hillary Clinton. The total amount of the estimated increase exceeds one trillion dollars over the next ten years.

Clinton has said she will raise taxes on the rich and business owners alike. That's right, small businesses, Hillary wants a raise!

She has also endorsed several tax increases. Here's the list:

Income tax - There will be a 28 percent cap on itemized deductions. Homeowners, kiss your nice refund checks goodbye.

Business Tax - She hasn't said how she plans to extract her raise from business owners, but she has a dollar amount in mind. Clinton expects a $275 billion raise taken from the accounts of every business owner in America. That's sure to create lots of new jobs. In India. (NOTE: Her campaign has removed this document and the link is now a 404 error, but you can see a cute .gif of her failing to swipe her card on the New York subway.)

Fairness Tax - This is another vague proposal that is expected to raise $400 billion for her. While the fairness tax hasn't been well explained, it is believed to be a surcharge on success. That's right, if you're rich you will just be taxed more at the end of the year with a surcharge. Carried interest capital gains will also be taxed as ordinary income. The death tax will be increased, making it more expensive to die. Sorry kids, Hillary needed the family farm more than you did, we guess.

Capital Gains Tax increase - We have little idea what is intended here other than there will be six rates. Her campaign has not announced a dollar amount. Her goal in her own words is to end the "tyranny of today's earnings report." Apparently success is tyrannical. Maybe that's why she wants to punish it so much?

Tax on Stock Trading - If you are invested in the stock market, get ready to be taxed on your trades! All Americans with investments would be impacted.

Exit Tax - If you are a business overseas, get ready to pay American taxes! It's her plan to stop outsourcing by taxing companies that relocate to avoid the already too high 39 percent in taxes they pay now.

Soda tax - Because Hillary wants to be your mother.

Gun tax - Of 25 percent because the Second Amendment is only for rich people.

Payroll Tax Hike - Because she has big plans for your money! How about a new stealth bomber?

Of course, these tax hikes circumvent her pledge not to raise taxes on people making less than $250,000 a year because they are stealth taxes.

Hillary Clinton has talked about solving the problems of the middle class. One way to solve those problems is to eliminate the middle class. No middle class, no problem, right?

Enjoy poverty.

---

The California Network is the Next Wave in delivery of information and entertainment on pop culture, social trends, lifestyle, entertainment, news, politics and economics. We are hyper-focused on one audience, YOU, the connected generation. JOIN US AS WE REDEFINE AND REVOLUTIONIZE THE EVER-CHANGING MEDIA LANDSCAPE.