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Biden: If you make under $400k you will not pay a penny more in taxes when I'm president!

Posted on 9/17/20 at 1:58 pm
Posted by Seldom Seen
Member since Feb 2016
40152 posts
Posted on 9/17/20 at 1:58 pm
LINK
quote:

Joe Biden
@JoeBiden
1h

If you make under $400,000, you will not pay a penny more in taxes when I'm president.

The super-wealthy and big corporations will finally pay their fair share — and we'll invest that money in working families.

We're going to reward work — not wealth.



LINK
quote:

Joe Biden
@JoeBiden
25m

The 100 richest Americans have made more than $300 billion during the COVID-19 crisis.

Now, in the middle of a pandemic and economic crisis, Donald Trump wants to give them a $29 billion tax break.

Let that sink in.
Posted by LNCHBOX
70448
Member since Jun 2009
84116 posts
Posted on 9/17/20 at 2:00 pm to
I'm sure none of those high earners are going to pass some of those taxes off to their employees. Nope, that definitely won't happen. Suppliers never raise prices when the wholesale price goes up.
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 9/17/20 at 2:00 pm to
READ. MY. LIPS.
Posted by DollaChoppa
I Simp for ACC
Member since May 2008
84774 posts
Posted on 9/17/20 at 2:00 pm to
Sounds great
Posted by FATBOY TIGER
Valhalla
Member since Jan 2016
8898 posts
Posted on 9/17/20 at 2:00 pm to
And what he's done over the last 50 years has worked so well.
Posted by Bham Bammer
Member since Nov 2014
14483 posts
Posted on 9/17/20 at 2:00 pm to
1. He's already said he will roll back the Trump cuts.
2. He and Dems never seek to reward work. They seek to incentivize laziness.
3. He doesn't know how economics work.
This post was edited on 9/17/20 at 2:01 pm
Posted by teke184
Zachary, LA
Member since Jan 2007
95550 posts
Posted on 9/17/20 at 2:00 pm to
Verdict - false.

The 401K changes alone will see at least a marginal tax increase for the middle class.
Posted by jlovel7
Louisiana
Member since Aug 2014
21311 posts
Posted on 9/17/20 at 2:00 pm to
My boss pays my salary. If he’s suddenly paying more in corporate taxes what is going to happen to my salary?
This post was edited on 9/17/20 at 3:45 pm
Posted by Revelator
Member since Nov 2008
58012 posts
Posted on 9/17/20 at 2:00 pm to
quote:

If you make under $400,000, you will not pay a penny more in taxes when I'm president.


How many do you think making over $400,000 have given to Joe’s campaign?
Stop taking that dirty money Joe!
Posted by AllDayEveryDay
Nawf Tejas
Member since Jun 2015
7025 posts
Posted on 9/17/20 at 2:01 pm to
Except you can't just "tax the rich". It's a trickle down effect. The middle class will get fricked the hardest.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
24992 posts
Posted on 9/17/20 at 2:01 pm to
how the hell does he figure that if he flat out said he plans to roll back all of Trump's tax cuts.
Posted by roadGator
Member since Feb 2009
140468 posts
Posted on 9/17/20 at 2:01 pm to
He’s also making some changes to 401k that will affect many. I need to find that article.
Posted by Seldom Seen
Member since Feb 2016
40152 posts
Posted on 9/17/20 at 2:02 pm to
quote:

And what he's done over the last 50 years has worked so well.




I remember when Obama was running for president his promise was if you made under $200k your taxes wouldn't go up, and we all saw how that worked out.
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24817 posts
Posted on 9/17/20 at 2:03 pm to
Holds literally no water.

fricker already promised to rescind the Trump tax cuts on day 1. That's going to raise my taxes by $2,275 a year.

Guess he's right though, it's not a single penny... it's a 55 gallon drum full of them.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 9/17/20 at 2:04 pm to
He's lying, again.
Posted by Revelator
Member since Nov 2008
58012 posts
Posted on 9/17/20 at 2:05 pm to
quote:

Biden: If you make under $400k you will not pay a penny more in taxes when I'm president!


I see Biden is coming up with fresh and new ideas never mentioned by previous Democrats.
Posted by fillmoregandt
OTM
Member since Nov 2009
14368 posts
Posted on 9/17/20 at 2:05 pm to
4 Pinocchio’s
Posted by Zach
Gizmonic Institute
Member since May 2005
112475 posts
Posted on 9/17/20 at 2:06 pm to
Woodrow Wilson learned his lesson. Biden hasn't read his history.
Posted by Revelator
Member since Nov 2008
58012 posts
Posted on 9/17/20 at 2:07 pm to
“If you like your plan, you can keep your plan.”

“My medical plan will save families $2,500 a year!”


Posted by Bobby OG Johnson
Member since Apr 2015
24813 posts
Posted on 9/17/20 at 2:07 pm to
Same guy said that day 1 of him being in office that he was going to raise taxes. Those polling numbers must be absolutely garbage with Ol Face Lift condemning riots and looting earlier today after 4 months of being ok with them and Biden flopping all over the place on policies. They made their bed.
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