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re: Biden vows to repeal "bulk" of trump tax cuts. Aka higher taxes on most americans
Posted on 6/30/20 at 3:24 pm to HailHailtoMichigan!
Posted on 6/30/20 at 3:24 pm to HailHailtoMichigan!
Unfortunately, we’re going to have to raise taxes. Hopefully they wait until after the pandemic, but we won’t be able to put it off forever.
Every dollar of national debt crowds out about 30 cents of private investment, and private investment is the number 1 driver of long run economic growth. The last 50 years of both parties spending like drunken sailors is going to mean that we’re eventually going to need to increase taxes.
Every dollar of national debt crowds out about 30 cents of private investment, and private investment is the number 1 driver of long run economic growth. The last 50 years of both parties spending like drunken sailors is going to mean that we’re eventually going to need to increase taxes.
0
Posted on 6/30/20 at 3:24 pm to Thecoz
Are you an idiot in real life or just play one on the internet?
Posted on 6/30/20 at 3:33 pm to HailHailtoMichigan!
quote:
Biden vows to repeal "bulk" of trump tax cuts.
These are the tax cuts that increased the national debt, right?
Posted on 6/30/20 at 4:24 pm to HailHailtoMichigan!
I pity no one that votes for this man.
Posted on 6/30/20 at 4:29 pm to SeeeeK
quote:
Seriously, how could anyone with common sense vote for him?
the left does not have common sense...
Posted on 6/30/20 at 4:30 pm to Steadmans Cheddar
quote:The TCJA was responsible for about 10% of the increase in the debt between 2018 and 2019.
These are the tax cuts that increased the national debt, right?
It also cut taxes for most americans and juiced economic growth, so pick your poison.
If joe biden wants to run on repealing tax cuts for middle class families, that is his choice.
but it is an absolute fact that the tcja cut taxes for the vast majority (85%+) of families in America.
Posted on 6/30/20 at 4:35 pm to HailHailtoMichigan!
Not so fast Uncle Joe, didn't the SCOTUS just rule in the decision over DACA that in effect a new President cannot overturn the actions of their predecessor? Also, there's the minor detail about getting elected first.
Posted on 6/30/20 at 4:43 pm to HailHailtoMichigan!
Biden has made an anchor out of the extreme left platform and tied it around his neck. Hopefully it drowns his campaign.
Posted on 6/30/20 at 4:46 pm to Fat Bastard
quote:
can not a single democrat see what works economically? see reagan and trump. last one WAF on economics was JFK how are democrats so economically brain dead?
What you don’t understand is that rich people love a stock market at the bottom. They buy a frick ton of stock and recover the economy making a frick ton of money in the process. It’s all a scam.
How do you think Jeffrey Epstein and these congressional Democrats got filthy rich. They also have been stealing money from their campaigns.
This post was edited on 6/30/20 at 4:48 pm
Posted on 6/30/20 at 4:48 pm to HailHailtoMichigan!
Democrats are idiots!
Posted on 6/30/20 at 4:53 pm to Bulldogblitz
This is comically predictable...if Trump introduces legislation to reduce black on black deaths. He would say he’s for increasing these numbers. They’re clown world...
Posted on 6/30/20 at 4:57 pm to HailHailtoMichigan!
quote:
21 percent to 28 percent, which he said is projected to raise $1.3 trillion over the next decade
pretty sure 7% would raise a heck of lot more than 1.3 Trillion ...over 10 years
Posted on 6/30/20 at 5:10 pm to HailHailtoMichigan!
(no message)
This post was edited on 6/30/20 at 8:40 pm
Posted on 6/30/20 at 5:19 pm to HailHailtoMichigan!
Biden shmiden ain't doing squat unless he holds the Senate majority. He can make executive orders but we should hold good standing in the Federal courts and can serve the bird back to him again and again.
Posted on 6/30/20 at 5:20 pm to HailHailtoMichigan!
quote:
That's the right thing to do when the economy needs to be recovering???
I’d say it’s the right thing to do when we are spending more than we’re taking in. Spending needs to be cut and unfortunately either Trump nor Biden has any interest at all in that. Since spending won’t be cut the only fiscally responsible thing would be to pay for what we spend.
Posted on 6/30/20 at 5:43 pm to HailHailtoMichigan!
Is he an idiot??? Oh wait.
Posted on 6/30/20 at 6:51 pm to DavidTheGnome
quote:
I’d say it’s the right thing to do when we are spending more than we’re taking in. Spending needs to be cut and unfortunately either Trump nor Biden has any interest at all in that. Since spending won’t be cut the only fiscally responsible thing would be to pay for what we spend.
You fricking pay for it. I’m not.
Posted on 6/30/20 at 6:54 pm to The Maj
quote:
This is what I want, the government taking more of my money and doing good things with it
It’s so easy to
Vote for raising other people’s taxes when all those stupid young people don’t pay any....
But by god those transgender bathrooms!! We must fight for those as orange man badddd
Posted on 6/30/20 at 7:22 pm to Thecoz
quote:
but long term it was not good for america
Helluva lot better than 8 years of Obama's economy.
Posted on 6/30/20 at 7:24 pm to HailHailtoMichigan!
the democrats want the middle class to lose jobs, homes and become third class citizens like under Obama. it is worse now they want the working class dead.
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