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re: President* Biden: If you make less than $400,000 per year...!

Posted on 9/13/21 at 5:52 pm to
Posted by tgerb8
Huntsvegas
Member since Aug 2007
6005 posts
Posted on 9/13/21 at 5:52 pm to
quote:

If you make less than $400,000 per year, I’ll never raise your taxes one penny.


what about proposed taxes for driving?
or estate tax insanities?
or printing money like a retard and driving up inflation?


the whole thing is idiotic. I saw an article saying that the projected, additional revenue for capital gains and estate tax increases was 213 billion over 10 years.. which seems like a lot I guess, but the deficit for 2020 (a singular year) was 3.1 trillion dollars. so it does absolutely nothing for the bottom line.

I guess it does help redistribute wealth though.
Posted by Tigers0918
Member since Feb 2020
1303 posts
Posted on 9/13/21 at 5:56 pm to
there is a tax for driving, its called a gas tax. And this is why many states are doing a yearly EV tax to make sure EVs also pay their fair share since they use the roads as well.
Posted by Jizzy08
Member since Aug 2008
11270 posts
Posted on 9/13/21 at 6:14 pm to
War on the middle class. 400k when he got elected is very much different that 400k now bc of inflation and their ineptitude to fix the economy. Even so, 400k is not rich. It is comfortable and that is only depending on where you live.
Posted by memphisplaya
Member since Jan 2009
85916 posts
Posted on 9/13/21 at 6:17 pm to
Better idea.

Tax everyone that uses like and literally in wrong context.

National debt disappears
Posted by ssgrice
Arizona
Member since Nov 2008
3060 posts
Posted on 9/14/21 at 2:31 pm to
quote:

I guess it does help redistribute wealth though.

yah, from your pocket to theirs.

I believe the $400K cut off is per household and not per individual. So not as great as it sounds if you and your spouse earn a combined $400K per year.
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