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Started By
Message
Explain to me the new tax increases
Posted on 4/1/21 at 7:48 am
Posted on 4/1/21 at 7:48 am
I see people freaking out about it, and haven’t really followed it.
Has it been passed through Congress? Is it a bill that’s going to be voted on? Or just merely talk/proposal by Biden at this point?
I know Schumer spoke about using reconciliation more than once in a year. Can this be challenged in court?
I really don’t need a tax increase. Just bought a new truck and less monthly income would squeeze me pretty good
Has it been passed through Congress? Is it a bill that’s going to be voted on? Or just merely talk/proposal by Biden at this point?
I know Schumer spoke about using reconciliation more than once in a year. Can this be challenged in court?
I really don’t need a tax increase. Just bought a new truck and less monthly income would squeeze me pretty good
16
Posted on 4/1/21 at 7:49 am to deltaland
Get that 84month note baw
Posted on 4/1/21 at 7:50 am to deltaland
quote:
Is it a bill that’s going to be voted on?
It'll get passed 51-50 in the Senate
This post was edited on 4/1/21 at 7:51 am
Posted on 4/1/21 at 7:52 am to deltaland
quote:
I really don’t need a tax increase. Just bought a new truck and less monthly income would squeeze me pretty good
This tells me your income taxes aren’t likely to go up
Posted on 4/1/21 at 7:58 am to deltaland
Democrats raise taxes
Democrats piss away the money
End of explanation
Democrats piss away the money
End of explanation
Posted on 4/1/21 at 8:00 am to Jimmy2shoes
quote:
Democrats raise taxes
Democrats piss away the money
End of explanation
And care not for the troops protecting our country. That money will be spent on diversity, inclusion, and equity.
Posted on 4/1/21 at 8:01 am to tzimme4
quote:
It'll get passed 51-50 in the Senate
I read something the other day that they can only get one bill passed through reconciliation per year. They've already blown their wad on the first trillion dollar payoff to their donors and cronies. And, the only way this bill passes is through reconciliation.
The Dims have appealed to the Parliamentarian to waive this rule but it is unlikely he/she/they will.
So, it might be something that they'll have to wait until January 1, 2022 to force through. Of course, realizing that they'll only get one more shot before the next Congressional elections, they'll add another $5-10 Trillion to pay off their donors and sycophants and rig election with.
This post was edited on 4/1/21 at 8:11 am
Posted on 4/1/21 at 8:09 am to Dawgfanman
“This tells me your taxes probably won’t go up.”
They want to raise the corporate tax rate. Every penny of increased taxes the corporations have to pay you will pay in increased taxes.
If they raise the corporate taxes on Kraft 10% then the price of every Kraft item goes up 10%.
They want to raise the corporate tax rate. Every penny of increased taxes the corporations have to pay you will pay in increased taxes.
If they raise the corporate taxes on Kraft 10% then the price of every Kraft item goes up 10%.
Posted on 4/1/21 at 8:09 am to Dawgfanman
quote:
This tells me your income taxes aren’t likely to go up
Maybe not. But if you buy a product made by a corporation, you will pay more for it.
Posted on 4/1/21 at 8:11 am to bird35
quote:
If they raise the corporate taxes on Kraft 10% then the price of every Kraft item goes up 10%.
you think these corporations are going to just match the tax increase? If taxes go up 10%, prices will go up 20%. 
Posted on 4/1/21 at 8:11 am to Enadious
quote:
Maybe not. But if you buy a product made by a corporation, you will pay more for it.
This is very true. We all about to take it up the arse with inflation anyway, shite about to get expensive.
Posted on 4/1/21 at 8:14 am to bird35
quote:
“This tells me your taxes probably won’t go up.” They want to raise the corporate tax rate. Every penny of increased taxes the corporations have to pay you will pay in increased taxes. If they raise the corporate taxes on Kraft 10% then the price of every Kraft item goes up 10%.
He mentioned his income decreasing, not his expenses going up. If baw is buying trucks, making payments and close to being squeezed due to it, he’s gonna need to get the store brand and not Kraft.
Posted on 4/1/21 at 9:00 am to deltaland
quote:
I really don’t need a tax increase. Just bought a new truck and less monthly income would squeeze me pretty good
Sounds like you shouldn't have bought a new truck
Posted on 4/1/21 at 9:05 am to deltaland
quote:if u make over 400k a year, yes they will.
Has it been passed through Congress? Is it a bill that’s going to be voted on? Or just merely talk/proposal by Biden at this point?
Posted on 4/1/21 at 9:18 am to deltaland
quote:
Just bought a new truck and less monthly income would squeeze me pretty good
Got that new Ram ahe baw
Posted on 4/1/21 at 10:16 am to deltaland
BEND OVER
Posted on 4/1/21 at 10:34 am to IslandBuckeye
quote:
And care not for the troops protecting our country. That money will be spent on diversity, inclusion, and equity.
Dem social engineering does a lot of harm, but hey, they do secure their voting plantation with it.
Posted on 4/1/21 at 10:37 am to deltaland
I really hope some Dem senator "McCain's" this bill. There's got to be some moderate Dem facing a tough 2022 reelection who the GOP can pick off.
Posted on 4/1/21 at 10:37 am to MMauler
They’ve actually passed two bills using reconciliation already. The used reconciliation to pass the Paycheck Protection Program extension.
EDIT: I was wrong about this.
EDIT: I was wrong about this.
This post was edited on 4/1/21 at 10:50 am
Posted on 4/1/21 at 10:40 am to loumiz
Joe is going to raise taxes, eliminate exemptions and incentives for businesses, and then all the progressives will cry about evil capitalists when the businesses Trump brought back to the US leave and take their widget-making business back to China.
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