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re: Biden's Campaign Strategy Revealed

Posted on 3/11/24 at 4:09 pm to
Posted by fwtex
Member since Nov 2019
2029 posts
Posted on 3/11/24 at 4:09 pm to
quote:

His proposed 25% taxes for billionaires is so stupid. It will only guarantee that we have no American Billionaires in the country... they will all move to another country.


That is not how it works. It's this similar policy that is the reason for today's extraordinary inflation and Bidenomics shrinkflation.

Any new tax on the "rich" is going to be higher prices on the "poor". The increase in taxes is just another cost of goods charge that will be watered through the cost of goods and services that the rich provide.
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