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President* Biden: $163 billion — that’s how much the top one percent evades in taxes...!

Posted on 9/8/21 at 2:27 pm
Posted by Seldom Seen
Member since Feb 2016
40254 posts
Posted on 9/8/21 at 2:27 pm
LINK
quote:

President Biden
@POTUS
18m
United States government official

$163 billion — that’s how much the top one percent evades in taxes they owe each year. It’s unacceptable.

We’re going to change that with my Build Back Better Agenda, and use that money to invest in the middle class.

Posted by BuckyCheese
Member since Jan 2015
49404 posts
Posted on 9/8/21 at 2:29 pm to
Seeing as he wants to spend 5+ trillion that seems like a drop in the bucket.
Posted by Figgy
CenCal
Member since May 2020
7213 posts
Posted on 9/8/21 at 2:30 pm to
Who writes the tax laws? He’s such a disingenuous prick. Good lord.
Posted by ProjectP2294
South St. Louis city
Member since May 2007
70381 posts
Posted on 9/8/21 at 2:30 pm to
quote:

that’s how much the top one percent evades in taxes they owe each year.


Tax evasion is a crime. If these people are breaking the law, arrest them.

If they're just using the tax code as it currently stands, that's not called evasion.

It's bothers the everliving shite out of me that these fricktards feel like they can abuse the English language the way they do.
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
25020 posts
Posted on 9/8/21 at 2:32 pm to
Far less than what you left in Afghanistan, dumb frick
Posted by MFn GIMP
Member since Feb 2011
19350 posts
Posted on 9/8/21 at 2:32 pm to
That's it? I'm surprised it's only $163 billion that the top 1% are able to legally not pay under the existing law.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3094 posts
Posted on 9/8/21 at 2:32 pm to
Oh yeah? How much do the top 1% pay in taxes and how does that compare to how much the other 99% pay?
Posted by NotoriousFSU
Atlanta, GA
Member since Oct 2008
10226 posts
Posted on 9/8/21 at 2:33 pm to
Wait, Former VP Joe Biden, you spent nearly half a century in politics while those laws were made, why didn’t you speak up before? Oh, because you and your swamp creature buddies were all taking advantage of it by selling out your country.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98860 posts
Posted on 9/8/21 at 2:33 pm to
quote:

$163 billion — that’s how much the top one percent evades in taxes they owe each year


I do believe Joe Biden just accused everyone in the top 1% of taxpayers of a criminal act (tax evasion is a felony).

This is defamation per se.

I certainly hope someone sues him.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
60049 posts
Posted on 9/8/21 at 2:35 pm to
Using established tax laws isn't "evasion", perv.
Posted by blueboxer1119
Baton Rouge
Member since May 2013
8000 posts
Posted on 9/8/21 at 2:35 pm to
He needs more money and weapons to send to the Taliban terrorists to use against Americans.
Posted by TigerVespamon
Member since Dec 2010
6095 posts
Posted on 9/8/21 at 2:37 pm to
"Tax Evasion" is a crime. Utilizing the tax code to one's advantage is just good business.

Flat tax is the answer.

A flat tax would mean everybody has an equal percentage of "skin in the game".
Posted by teke184
Zachary, LA
Member since Jan 2007
95749 posts
Posted on 9/8/21 at 2:37 pm to
$163B, even annually, is flyshit compared to the 3T to 5T this idiot is planning on spending.
Posted by CleverUserName
Member since Oct 2016
12645 posts
Posted on 9/8/21 at 2:37 pm to
quote:

that’s how much the top one percent evades in taxes


You don’t need to spend 5 trillion dollars to obtain 163 billion. If they are EVADING it…. You need to assign the IRS, that is already available, to assess and collect.

If it’s actual deductions codified in tax law….. this jelly brain just made the worlds worst case to spend Trillions of dollars.
Posted by FATBOY TIGER
Valhalla
Member since Jan 2016
8915 posts
Posted on 9/8/21 at 2:37 pm to
quote:

$163 billion


not even a drop in the bucket.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
60049 posts
Posted on 9/8/21 at 2:37 pm to
Notice the deliberate language - "that's how much the top 1% EVADES in taxes they owe each year"

They let the mask slip. They believe ALL income belongs to the government. This is why when taxes go down (either by decreases in earnings, or tax cuts) the IRS refers to the shortfall as a "tax expenditure."

When taxes increase, it's called a "tax savings."

Those terms are only correct when all the money belongs to the government in the first place.
Posted by GeauxTigerTM
Member since Sep 2006
30596 posts
Posted on 9/8/21 at 2:38 pm to
quote:

President Biden
@POTUS
18m
United States government official

$163 billion — that’s how much the top one percent evades in taxes they owe each year. It’s unacceptable.


And the bottom 60% pay virtually nothing and can out vote tax payers...so, you know...
Posted by BlackAdam
Member since Jan 2016
6455 posts
Posted on 9/8/21 at 2:39 pm to
Imma CNN this...

President* claims that 1% are committing massive fraud on tax returns, without any evidence.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45779 posts
Posted on 9/8/21 at 2:39 pm to
quote:

$163 billion — that’s how much the top one percent evades in taxes they owe each year. It’s unacceptable.
How is taking a tax deduction now "evading" taxes?
Posted by the808bass
The Lou
Member since Oct 2012
111546 posts
Posted on 9/8/21 at 2:40 pm to
That’s a made up stat. If they were really evading, then you could just prosecute them.

If that’s a magical amount that you want them to pay, then pass the law.
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