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Joe Biden wants to raise taxes by 8 trillion dollars

Posted on 7/21/20 at 7:23 pm
Posted by Mrtommorrow1987
Twilight Zone
Member since Feb 2008
13119 posts
Posted on 7/21/20 at 7:23 pm
To give you an idea of how much money this is. If every citizen including children were taxed at an equal rate it would be 25k in taxes per year. Holy shite.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/21/20 at 7:23 pm to
Don’t worry only rich people will pay that and normal people don’t be affected
Posted by PUB
New Orleans
Member since Sep 2017
18007 posts
Posted on 7/21/20 at 7:23 pm to
Let Bezos, Buffet and Gates pay the bill
Posted by Mrtommorrow1987
Twilight Zone
Member since Feb 2008
13119 posts
Posted on 7/21/20 at 7:24 pm to
The green new deal isn’t going to pay for it self
Posted by CDawson
Louisiana
Member since Dec 2017
16378 posts
Posted on 7/21/20 at 7:25 pm to
quote:

To give you an idea of how much money this is. If every citizen including children were taxed at an equal rate it would be 25k in taxes per year. Holy shite.


Actually, to raise by that much it would be in addition to what the government already confiscates. And this is just on the Federal level. It’s an Impossibility to tax that much which means the lib filth will try.
Posted by RolltidePA
North Carolina
Member since Dec 2010
3455 posts
Posted on 7/21/20 at 7:25 pm to
This is the entry way into taxing your 401k and other retirement income.
Posted by stickly
Asheville, NC
Member since Nov 2012
2338 posts
Posted on 7/21/20 at 7:28 pm to
quote:

To give you an idea of how much money this is. If every citizen including children were taxed at an equal rate it would be 25k in taxes per year. Holy shite.


Yup. Progressive ideology (just call it Marxist ideology) is the existential threat of our time. Vote red.
Posted by Magician2
Member since Oct 2015
14553 posts
Posted on 7/21/20 at 7:28 pm to
Link to his comment?
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
33922 posts
Posted on 7/21/20 at 7:30 pm to
See you later Joe. You're quickly becoming cannon fodder. 8 TRILLION for Welfare Queens.
Posted by ApexTiger
cary nc
Member since Oct 2003
53749 posts
Posted on 7/21/20 at 7:31 pm to
quote:

Joe Biden wants to raise taxes by 8 trillion dollars


in a single year?

No, really what did he say?
Posted by MsHoghunter
Member since Oct 2017
2405 posts
Posted on 7/21/20 at 7:32 pm to
I'm not against paying taxes, I'm against paying taxes for billshit. These proposed tax increases are bullshite
Posted by auggie
Opelika, Alabama
Member since Aug 2013
27641 posts
Posted on 7/21/20 at 7:33 pm to
Guess, I'm gonna need to run down to the coinstar machine.
Posted by Champagne
Already Conquered USA.
Member since Oct 2007
48200 posts
Posted on 7/21/20 at 7:34 pm to
Keep voting Democrat, America.

We are almost there.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11043 posts
Posted on 7/21/20 at 7:35 pm to
My guess is it's $800B let year over 10 years. The only way you get that much of an increase is with high economic growth. It's just pandering to losers that don't know economics outside of an academic setting.
Posted by Stonehog
Platinum Rewards Club
Member since Aug 2011
33326 posts
Posted on 7/21/20 at 7:35 pm to
quote:

This is the entry way into taxing your 401k and other retirement income.


And all the money in your checking and savings accounts. They’ll move to negative interest rates to pay for everything, where they just shave money off your accounts. That’s why they’re trying to get rid of cash too. Make all your money digital so it’s easy for them to steal.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 7/21/20 at 7:37 pm to
They already take that out of my salary
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
33922 posts
Posted on 7/21/20 at 7:38 pm to
My wife says Trump's over it and doesn't want to win. You can say the same thing about Biden. What's left of Moderates and Independents aren't going to support that Bernie/AOC bullshite agenda. Whoever the 12 year olds running the Biden Campaign are, please keep it up.
Posted by Goonie02
Member since Dec 2019
2453 posts
Posted on 7/21/20 at 7:39 pm to
I thought the one percent would cover the government's spending bills.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4096 posts
Posted on 7/21/20 at 7:42 pm to
quote:

Don’t worry only rich people will pay that and normal people don’t be affected



You mustn't joke about such things. There are dumbfricks all around who may actually believe that bullshite.
Posted by Coon
La 56 Southbound
Member since Feb 2005
18492 posts
Posted on 7/21/20 at 7:44 pm to
Random but I wanted to see if the “richest 10” American paid their entire wealth to this, how much that would be left for the rest of us to pay. Using rounded numbers:

$8,000,000,000,000
Minus total wealth of top 10 $777,000,000,000
Leaves us with $7,223,000,000,000 to make up
Divide by approx 300,000,000 Americans lowers the individual tax burden to only ~$24,000 per person Instead of the $25,000 someone listed earlier.

So thanks Walton’s, Billy g, Jeffery, warren, et al for the $1,000.

This post was edited on 7/21/20 at 7:44 pm
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