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Biden sinks his Presidency tonight

Posted on 3/7/24 at 4:19 pm
Posted by bluedragon
Birmingham
Member since May 2020
6976 posts
Posted on 3/7/24 at 4:19 pm
Fed is talking about reducing rates .....

At the same time ....this idiot is talking about spiking inflation by increasing taxes on Corporate America. Back to the 28% rate on Corporations and Personals two hundred thousand and above. Every Penney of those rate hikes will go onto the backs of the population.

In other words Joe .....The Cookie Monster gets fewer and smaller cookies.
Posted by IT_Dawg
Georgia
Member since Oct 2012
22120 posts
Posted on 3/7/24 at 4:22 pm to
Yea, he will make stupid comments, but has for months. What will sink him tonight, is the 10 seconds of pause/stuttering he will do while reading the fricking teleprompter. I’m legit going to watch tonight, just so I can tell others I witnessed his stroke live
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54260 posts
Posted on 3/7/24 at 4:24 pm to
You just know the Dims consider him a liability or he would have made his SOTU speech before election day two days ago.
Posted by RaginCajunz
Member since Mar 2009
5468 posts
Posted on 3/7/24 at 4:29 pm to
quote:

Fed is talking about reducing rates .....

At the same time ....this idiot is talking about spiking inflation by increasing taxes on Corporate America. Back to the 28% rate on Corporations and Personals two hundred thousand and above. Every Penney of those rate hikes will go onto the backs of the population.

In other words Joe .....The Cookie Monster gets fewer and smaller cookies.



Well then you simply print more money! Fixed

You will enjoy cereal for dinner even when it is $15 a box.
Posted by Penrod
Member since Jan 2011
40211 posts
Posted on 3/7/24 at 4:30 pm to
quote:

Every Penney of those rate hikes will go onto the backs of the population.

What rate hikes? We have a Republican House. Remember that the next time you (not aimed at you, blue) say there are no differences between GOPe and Democrats.
Posted by WWII Collector
Member since Oct 2018
7186 posts
Posted on 3/7/24 at 4:32 pm to
But But But...

gReAtEst EcOnOmIc ReCoVeRy In Us HiStOrY

Posted by LSUminati
Member since Jan 2017
3416 posts
Posted on 3/7/24 at 4:34 pm to
If the TCJA tax rates expire, most people will pay 5% or so more in taxes I gather - that's not being talked about enough. That's back breaking for people in this inflationary period.
Posted by Damone
FoCo
Member since Aug 2016
32966 posts
Posted on 3/7/24 at 4:34 pm to
Would love to know the medication cocktail they’ll have him on tonight
Posted by ItzMe1972
Member since Dec 2013
9902 posts
Posted on 3/7/24 at 5:06 pm to
"Call me when this is over."

Posted by wackatimesthree
Member since Oct 2019
4447 posts
Posted on 3/7/24 at 5:09 pm to
quote:

At the same time ....this idiot is talking about spiking inflation by increasing taxes on Corporate America.


That's not inflation.

quote:

Every Penney of those rate hikes will go onto the backs of the population.


No it won't.

Joe's economic policies are shite and so would raising taxes be, but not for the reasons you just named.

Contrary to an erroneous belief made popular by Neal Boortz, taxes don't necessarily get passed along to consumers. In fact, I'd be willing to bet that rarely happens.

A rise in fixed expenses (rent, materials, labor), yes, but taxes are not a fixed expense. They only cost you if you've already made a profit.

A company might raise prices as a response to a tax increase under certain circumstances, but likely not.

It's a shite idea because it will slow down the economy, but it's not going to cause inflation or cause prices to rise across the board.
Posted by sonuvapitcher
Member since Aug 2008
1768 posts
Posted on 3/7/24 at 5:11 pm to
How low of a bar can Democrat voters accept? All their boy has to do tonight to please them is to avoid falling on his way to and from the podium, and not shite his pants while he is at the podium.
Posted by unotiger21
Member since Sep 2010
936 posts
Posted on 3/7/24 at 5:22 pm to
No matter how it goes the media will declare it the best speech of all time.
Posted by Veritas
Raleigh, NC
Member since Feb 2005
6449 posts
Posted on 3/7/24 at 5:44 pm to
State of the Union 2024: Here are the new corporate tax hikes Biden is proposing

quote:

Biden, though, has made it his goal to increase taxes not only on corporations but also on the wealthiest. The president has repeatedly said he does not intend to raise taxes on those making less than $400,000 per year, although he has come out fervently in favor of soaking the wealthy — Congress, though, has blocked most of those efforts.


First, this is bullshite and they will increase taxes on everyone. Second, guess it’s time for a lot of families to file individually.
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
25329 posts
Posted on 3/7/24 at 6:01 pm to
quote:

At the same time ....this idiot is talking about spiking inflation by increasing taxes on Corporate America. Back to the 28% rate on Corporations and Personals two hundred thousand and above. Every Penney of those rate hikes will go onto the backs of the population.

The average American is economically and civilly ignorant beyond measure.

They simply do not understand that big businesses do NOT PAY TAXES. People like Biden and most every other politician left and right, bank on the ignorance of their base. They need to keep the population stupid, lest the plebes wake up and bring tar and feathers.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99808 posts
Posted on 3/7/24 at 6:28 pm to
You presume a fair and objective media
Posted by lsufan1971
Zachary
Member since Nov 2003
18528 posts
Posted on 3/7/24 at 6:36 pm to
My wife’s company does profit sharing every year in March. Her bonus has always been more than the previous year for 16 years. This year management says because of rising cost of materials profit sharing will be less for the first time in 20 years. They didn’t want to pass all of the cost onto their customers so they ate a percentage. It’s a very well run company and the are very employee oriented. So I don’t think they are lying.

Thanks Joe!
Posted by NCIS_76
Member since Jan 2021
5246 posts
Posted on 3/7/24 at 6:48 pm to
quote:

Biden sinks his Presidency tonight


Posted by Jack Daniel
In the bottle
Member since Feb 2013
25713 posts
Posted on 3/7/24 at 6:52 pm to
If being ruled mentally incompetent by his own appointed investigators didn’t sink it, nothing will
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30676 posts
Posted on 3/7/24 at 7:03 pm to
The WH stream link has emojis for viewers, but they’re only positive emojis. Smh
Posted by FLTech
the A
Member since Sep 2017
13370 posts
Posted on 3/7/24 at 7:03 pm to
I personally think he will do ok and the media will eat it up and talk about how amazingly was
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