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re: Biden calls for middle-class tax hike
Posted on 4/25/24 at 9:51 am to CreoleTigerEsq
Posted on 4/25/24 at 9:51 am to CreoleTigerEsq
If you didn’t benefit then you are very poor or tried to itemize but the vast majority absolutely did. I can assure you that you will feel the increase
Posted on 4/25/24 at 9:51 am to RogerTheShrubber
quote:
Its coming, regardless.
It's also coming due to demography. Now that the Boomers are no longer paying taxes on high earnings due to retirement, caring for the Boomers is going to be shifted to Gen-X and the Millennials.
Posted on 4/25/24 at 9:53 am to djmed
25% tax on unrealized gain for the stock market and on real estate will completely frick everyone and the economy in the US. How this is even a piece to his tax plan is fricking crazy
Posted on 4/25/24 at 12:13 pm to MrLSU
quote:
25% tax on unrealized gain for the stock market and on real estate
This is not going to happen. Remember what Trump told Hillary, “If you want me to pay more taxes then change the rules. But you and your friends like those rules.”
Posted on 4/25/24 at 12:18 pm to TigerAxeOK
quote:
How about, you know, fricking reducing federal spending instead of raising federal taxes?
Federal taxes is the primary engine for stopping the middle class from becoming wealthy, and stopping the poor from becoming middle.
Posted on 4/25/24 at 12:19 pm to RogerTheShrubber
Blowing vagrants at the bus station is not considered stable employment.
Posted on 4/25/24 at 12:26 pm to djmed
Never forget this:
Vladimir Lenin: "The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation."
This is exactly what the Marxist's are attempting to do in the USA. If you don't comprehend this after all you have seen from the Biden and Obama administrations, you are a functional idiot.
For the idiots: bourgeoisie = middle class
Vladimir Lenin: "The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation."
This is exactly what the Marxist's are attempting to do in the USA. If you don't comprehend this after all you have seen from the Biden and Obama administrations, you are a functional idiot.
For the idiots: bourgeoisie = middle class
Posted on 4/25/24 at 12:27 pm to djmed
In modern monetary theory (the bat shite crazy policy our government endorses) the only way to slow inflation is to raise taxes. They will be raising taxes even higher in the future just wait.
Modern Monetary Theory
quote:
MMT economists say that inflation can be better controlled (than by setting interest rates) with new or increased taxes to remove extra money from the economy.[70] These tax increases would be on everyone, not just billionaires, since the majority of spending is by average Americans
Modern Monetary Theory
This post was edited on 4/25/24 at 12:30 pm
Posted on 4/25/24 at 1:00 pm to dakarx
quote:
Politicians aren't going to buy themselves... EVERYONE else must be forced to contribute!
Communism has no middle class. They are on the path and will not be deterred.
Posted on 4/25/24 at 1:10 pm to djmed
quote:
Now, to be fair, Biden may not have understood that’s what he’s saying
In three years... the truth will be known [those who've babied the president (little p - because we don't have one) will leak details, then write books ].. They'll come clean about how he had the IQ of a turnip, couldn't make any decisions, carry any conversations, speak coherently for more than 3 sentences, only read what he was told to read, etc.
Most here will only become more infuriated. And all liberals will still justify their shenanigans, as Rome burns.
Posted on 4/25/24 at 1:13 pm to BBONDS25
quote:
bullshite. You want to tax the rich because you aren’t where you thought you would be at this point in your life. You’re an elite hating populist poor.
Posted on 4/25/24 at 2:39 pm to djmed
Crazy to me that a politician is campaigning on raising taxes. Why wouldn’t he just avoid the subject?
Posted on 4/25/24 at 2:59 pm to RogerTheShrubber
quote:
Instead of sitting on my arse and collecting unemployment, I found another job.
CCP money?
We know that you are a big fan of Xi.
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