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re: 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 2:30 pm to Seldom Seen
Posted on 9/17/20 at 2:30 pm to Seldom Seen
that's actually not true, bc he wants to reverse the trump tax cuts
Posted on 9/17/20 at 2:31 pm to Bobby OG Johnson
quote:
Same guy said that day 1 of him being in office that he was going to raise taxes.
I have never in my life seen such a brazen campaign strategy as if he thought that was a good way to get people to vote for him. "Vote for me, and I WILL raise your taxes." Is he fricking insane? (rhetorical question)
Posted on 9/17/20 at 2:31 pm to HeadSlash
I assume you’re using that emoji because we’re talking about income tax. What about corporate tax? You think they’re not gonna jump those up?
Posted on 9/17/20 at 2:31 pm to Seldom Seen
The company I work for ($450mm) is down about 25% in revenue YOY. Our CEO, from day one of Covid, made it clear that no one would be laid-off as long as they were working hard. Rest assured, corporate taxes go up, etc, that promise will be broken. What idiot thinks now is a great time to raise taxes on employers?
Posted on 9/17/20 at 2:34 pm to SoFlaGuy
quote:
What idiot thinks now is a great time to raise taxes on employers?
The mayor of Nashville (D) raising property taxes 34% in the middle of COVID
Posted on 9/17/20 at 2:39 pm to lsufball19
Sadly the mentally ill have zero problem changing what they want and believe on a daily basis.
Posted on 9/17/20 at 2:40 pm to lsufball19
quote:
The mayor of Nashville (D) raising property taxes 34% in the middle of COVID
the same one lying to pump up the numbers?
That son of a bitch should be hanged
Posted on 9/17/20 at 2:47 pm to Seldom Seen
Goddamnit, dude.
We trying to buy a Tesla. frick.
We trying to buy a Tesla. frick.
Posted on 9/17/20 at 2:48 pm to Seldom Seen
Most Americans don't realize that sole proprietors & partnerships file their business income as their personal income. So bye bye mom & pop businesses and hello LLC's and tax loopholes.
Posted on 9/17/20 at 2:56 pm to Seldom Seen
Taxing Corporations more is just going to have them "offshore" more jobs that just came back in last 3 years..
Posted on 9/17/20 at 2:57 pm to Seldom Seen
Yep. All of those billion-dollar international corporations whose media are on the 24/7 attack against Trump are doing it to make the rich pay their "fair share". I'm sure known Trump critics like Jeff Bezos, Bill Gates, Warren Buffet, Mark Zuckerberg and Michael Blomberg are consistency critical of Trump so they can pay their "fair share".
Those who fall for this crap don't understand our tax code or why the reforms Trump tried to enact pissed off so many of these "super-wealthy". The left always uses expressions like "fair share" and "working families" but it's the small and mid-sized private business that are destroyed in a democrat administration while the rich get richer and the public sector gets fatter. Washington DC should never be the wealthiest place in the nation, yet it was under Obama.
Let THAT sink in.
Those who fall for this crap don't understand our tax code or why the reforms Trump tried to enact pissed off so many of these "super-wealthy". The left always uses expressions like "fair share" and "working families" but it's the small and mid-sized private business that are destroyed in a democrat administration while the rich get richer and the public sector gets fatter. Washington DC should never be the wealthiest place in the nation, yet it was under Obama.
Let THAT sink in.
Posted on 9/17/20 at 2:58 pm to Seldom Seen
Unless you have the audacity to save for retirement. If you contribute to a 401K and are in the top bracket, your taxes increase because we replace what was a deduction that lowers your liability by $370 for every $1000 you save with a credit that lowers your liability by $260.
Posted on 9/17/20 at 3:01 pm to gthog61
quote:
the same one lying to pump up the numbers?
That son of a bitch should be hanged
Should have told all of those Californians to keep on driving.
Posted on 9/17/20 at 3:04 pm to Seldom Seen
quote:
you will not pay a penny more in taxes when I'm president.
But all bets are off once Kamala is president.
quote:
We're going to reward work — not wealth
Wealth is what you have left over from your salary/compensation after taxes have been paid. Your 401K, stocks, home, etc. is wealth.
Posted on 9/17/20 at 3:06 pm to Seldom Seen
quote:
Biden: If you make under $400k you will not pay a penny more in taxes when I'm president!
Cough cough...bullshite...cough couch!
Posted on 9/17/20 at 3:09 pm to Seldom Seen
So our taxes will not go up but the price of the stuff we buy will. Great to hear .
Posted on 9/17/20 at 3:10 pm to Bham Bammer
quote:
1. He's already said he will roll back the Trump cuts.
Call me OT poor, but I don't make 400k a year. If he repeals the TCJA, my taxes will go up to what they were before. Which is in fact, no bullshite, a tax increase on someone making less than 400k/yr.
Posted on 9/17/20 at 3:10 pm to Seldom Seen
right joe, we shoulda kept corporate taxes as the worlds highest.
oh and....about not raising taxes on under 400k
oh and....about not raising taxes on under 400k
Posted on 9/17/20 at 3:10 pm to Seldom Seen
So what’s the point if he is only going to raise taxes on those making over 400,000?
It’s not to raise enough money to cover his programs because the amount won’t put a dent in anything.
So the point has to be class warfare and nothing more. Same script Obama used. Problem is, it works. This stuff works at creating resentment. They think that if someone makes over 400,000, they’re evil rich people....
I hate this crap
It’s not to raise enough money to cover his programs because the amount won’t put a dent in anything.
So the point has to be class warfare and nothing more. Same script Obama used. Problem is, it works. This stuff works at creating resentment. They think that if someone makes over 400,000, they’re evil rich people....
I hate this crap
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