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But Joe Biden says he’s not going to raise taxes on people making less than $400,000/year

Posted on 10/5/20 at 7:15 pm
Posted by The Boat
Member since Oct 2008
164071 posts
Posted on 10/5/20 at 7:15 pm


Jesus.. what idiot would believe the Biden campaign on that. Where do they think the burden is going to fall to cover all of that?
Posted by Malik Agar
Member since Nov 2012
12076 posts
Posted on 10/5/20 at 7:16 pm to
Joe Biden doesn't know what he'd do if he was president.


This post was edited on 10/5/20 at 7:17 pm
Posted by LosLobos111
Austere
Member since Feb 2011
45385 posts
Posted on 10/5/20 at 7:20 pm to
Isn't he going to try to bring back the Obama care mandate?
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16305 posts
Posted on 10/5/20 at 7:22 pm to
Do you have a link to it?
Posted by Arbengal
Louisiana
Member since Sep 2008
3005 posts
Posted on 10/5/20 at 7:33 pm to
If you even think about aiding my taxes you are not getting my vote period. They have plenty of damn money and we all know it.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98494 posts
Posted on 10/5/20 at 7:34 pm to
quote:

Isn't he going to try to bring back the Obama care mandate



Absolutely...that way Roberts can save it again
Posted by Barneyrb
NELA
Member since May 2016
5084 posts
Posted on 10/5/20 at 7:34 pm to
Let's see

Corporate tax hike of 25%, that tax increase will be passed to ALL consumers if the company stays in business

Income/Payroll tax hike of 29% will send employees home or jobs offshore again

Small business tax hike of 25% and a lot of Mom & Pop's will fold

CG & Dividend tax hike of 45% will kill the stock market


All this adds up to one gigantic recession.
Posted by Niccolo Machiavelli
Member since Jun 2020
1622 posts
Posted on 10/5/20 at 7:36 pm to
I posted this on Facebook and the ‘independent fact checkers’ said: “nuh uh”
Posted by ynlvr
Rocket City
Member since Feb 2009
4583 posts
Posted on 10/5/20 at 7:39 pm to
quote:

‘independent fact checkers’
Posted by McLemore
Member since Dec 2003
31443 posts
Posted on 10/5/20 at 7:40 pm to
Don't forget 1031 exchange go bye bye
Posted by catinthehat
Baton Rouge
Member since Aug 2007
94 posts
Posted on 10/5/20 at 7:46 pm to
There is a reason the OP only posted a half cut photo of the article.

quote:

OPINION: Wes Moss:




quote:

Keep in mind, these figures are for the highest or maximum tax bracket for each of the four categories. 


quote:

I thought it would be helpful to look at the new proposed highest brackets where there’s the potential for the most change.


the entire opinion piece
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16305 posts
Posted on 10/5/20 at 9:04 pm to
The higher tax bracket people help to make sure the lower ones are employed. My wife is a small business owner and is responsible for at least 10 people having jobs. We *aren't at the top but Biden's plan would hurt us badly.

*ETA: meant to say we aren't at the top, stupid autocorrect
This post was edited on 10/5/20 at 11:02 pm
Posted by The Boat
Member since Oct 2008
164071 posts
Posted on 10/5/20 at 9:16 pm to
Wait you mean I don’t directly pay corporate taxes??? Thanks captain obvious. Check the OP saying these taxes get passed down.
This post was edited on 10/5/20 at 9:18 pm
Posted by SportTiger1
Stonewall, LA
Member since Feb 2007
28502 posts
Posted on 10/5/20 at 9:18 pm to
quote:

Corporate tax hike of 25%, that tax increase will be passed to ALL consumers if the company stays in business

They leave that little part out of the equation.
Posted by memphis tiger
Memphis, TN
Member since Feb 2006
20720 posts
Posted on 10/5/20 at 9:20 pm to
If he wins, this country deserves all the shite that comes from it. Every bit.
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