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Prepare to bend over: Biden to announce 1.8 trillion in tax hikes - Updated expenditures
Posted on 3/30/21 at 12:45 pm
Posted on 3/30/21 at 12:45 pm
LINK
Workers, you don't need that money you earned as much as someone who refuses to work.
Wave goodbye to jobs.
Updates on what your money is going to:
Electric vehicles: $174 billion to boost the markets for electric vehicles.
Civilian Climate Corps: $10 billion for new Civilian Climate Corps. It's unclear what this new unit will entail.
Affordable housing: $213 billion to 'produce, preserve, and retrofit more than two million affordable and sustainable places to live.' Includes 'project-based rental assistance.' $40 billion for public housing infrastructure.
HBCUs: $10 billion for R&D investment at historically black colleges and universities
LINK
Glad to see that our money is being spent on necessities.
quote:
President Biden will outline his massive $3 to 4 trillion infrastructure plan Wednesday, which will create four tax increases worth around $1.8 trillion, the White House revealed.
Workers, you don't need that money you earned as much as someone who refuses to work.
quote:
As for the taxes, Biden’s main priority will be to raise the corporate rate from 21 percent to 28 percent.
Wave goodbye to jobs.
Updates on what your money is going to:
Electric vehicles: $174 billion to boost the markets for electric vehicles.
Civilian Climate Corps: $10 billion for new Civilian Climate Corps. It's unclear what this new unit will entail.
Affordable housing: $213 billion to 'produce, preserve, and retrofit more than two million affordable and sustainable places to live.' Includes 'project-based rental assistance.' $40 billion for public housing infrastructure.
HBCUs: $10 billion for R&D investment at historically black colleges and universities
LINK
Glad to see that our money is being spent on necessities.
This post was edited on 3/31/21 at 1:02 pm
Posted on 3/30/21 at 12:46 pm to crap4brain
Time to offshore again boys!
Posted on 3/30/21 at 12:46 pm to crap4brain
I’m all good, I make under $400K a year.
/sarc
Yeah, we’re all fricked.
/sarc
Yeah, we’re all fricked.
Posted on 3/30/21 at 12:47 pm to TaderSalad
quote:Plenty of dumbass guys who voted for liberal idiots.
Thank you suburban women... and frick your feelings.
Posted on 3/30/21 at 12:47 pm to crap4brain
Divorce 2024
Campaign Slogan - "Irreconcilable Differences"
Campaign Slogan - "Irreconcilable Differences"
Posted on 3/30/21 at 12:47 pm to Centinel
But but but, he said he would only tax the rich!


Posted on 3/30/21 at 12:47 pm to crap4brain
"Hes only gonna raise taxes on muh rich!" - liberals of the OT
Posted on 3/30/21 at 12:48 pm to crap4brain
I need specifics on what kind of infrastructure. If this is going only to blue states, then frick it all.
They better not be re-instituting SALT deductions either.
They better not be re-instituting SALT deductions either.
Posted on 3/30/21 at 12:48 pm to crap4brain
anyone who is genuinely shocked by this has had their head in the sand their entire life.
Posted on 3/30/21 at 12:48 pm to crap4brain
Raises will be a thing of the past and so will the middle class
Posted on 3/30/21 at 12:48 pm to crap4brain
quote:
Biden to announce 1.8 trillion in tax hikes
This can't be true. He said he would only increase taxes if you made more than 400K!
Posted on 3/30/21 at 12:48 pm to TaderSalad
quote:
Thank you suburban women... and frick your feelings.
Maybe when their husbands are laid off and they have to trade in the Yukon XL they will begin to wake up.
Doubtful, but maybe
Posted on 3/30/21 at 12:48 pm to crap4brain
quote:
As for the taxes, Biden’s main priority will be to raise the corporate rate from 21 percent to 28 percent.
That certainly won't raise unemployment or send companies abroad
Posted on 3/30/21 at 12:48 pm to crap4brain
quote:
Workers, you don't need that money you earned as much as someone who refuses to work.
Im against the tax raises, but this statement makes no sense. It's a raise mostly on corporate rates for infrastructure.
Posted on 3/30/21 at 12:49 pm to crap4brain
quote:
raise the corporate rate from 21 percent to 28 percent.
I don't think people understand just how brutal this is going to be. Companies don't just eat that 7%. Lot of jobs are about to vanish overnight.
Posted on 3/30/21 at 12:49 pm to member12
quote:
They better not be re-instituting SALT deductions either.
Trump giveth and Biden taketh away.
Posted on 3/30/21 at 12:50 pm to Mingo Was His NameO
Well
Yeah, someone’s gotta pay for all those stimmy checks going to sha-nee-kwa
Yeah, someone’s gotta pay for all those stimmy checks going to sha-nee-kwa
Posted on 3/30/21 at 12:50 pm to Mingo Was His NameO
Includes, but not limited to
quote:
a raise mostly on corporate rates for infrastructure
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