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re: President* Biden: If you make less than $400,000 per year...!

Posted on 9/13/21 at 6:29 pm to
Posted by Auburn80
Backwater, TN
Member since Nov 2017
9626 posts
Posted on 9/13/21 at 6:29 pm to
Jeff Bezos can easily live on less than $400K a year. Just ask his tax accountant.
Posted by 14&Counting
Dallas, TX
Member since Jul 2012
41580 posts
Posted on 9/13/21 at 6:29 pm to
quote:

Any area with a high cost of living, be it a major urban area or a place where you are paying private school tuition on three kids.



Reading New York an California residents will have effective tax rates of 60%
Posted by Adam Banks
District 5
Member since Sep 2009
36570 posts
Posted on 9/13/21 at 6:30 pm to
quote:


If you make less than $400,000 per year, I’ll never raise your taxes one penny.

But if you’re at the very top, it’s time to pay your fair share.

We need to reward work in this country — not just wealth.



This is so disingenuous. The ultra wealthy don’t have traditional income.
Posted by MattA
Member since Nov 2019
1992 posts
Posted on 9/13/21 at 6:31 pm to
quote:


How old is his Twitter manager?

18? 20? 26?

I always read those tweets in the tone of a demented college student.


Cause that’s exactly who’s writing it. Some late 20 something prog. No doubt from an ivy school, drove a brand new Audi A8 when she turned 16, and lived in a gated community filed with whitey.

But she for sure knows the plight of the working man and what’s best for race relations. Never mind the fact she hasn’t lived in a 10 mile radius of a single black person ever.
Posted by TitleistProV1X
Member since Nov 2015
3638 posts
Posted on 9/13/21 at 6:31 pm to
Almost as big of a lie as when Obama touted the average family will save $2500 a year on their premiums with Obamacare or the many many lies that the country was sold by him.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
44012 posts
Posted on 9/13/21 at 6:37 pm to
quote:

Your inflation IS a tax


People are too stupid to understand this and who’s to blame for it.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112859 posts
Posted on 9/13/21 at 6:39 pm to
bullshite
Posted by davyjones
NELA
Member since Feb 2019
35176 posts
Posted on 9/13/21 at 6:40 pm to
Y'all this is it, this is the one.


This is where he finally steps out and doesn't blatantly lie! We're witnessing history!!@!
Posted by WhiskeyBusiness
Member since Aug 2011
1160 posts
Posted on 9/13/21 at 6:43 pm to
Bingo. I said the same thing in another thread. None of these read like an old rich dude at all.
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 9/13/21 at 6:45 pm to
quote:


Tell me how ANY of this bullshite is FAIR?


I mean, is this super unfair?

quote:

The share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.



The very highest earners pay "progessive" at a 2:1 rate? Doesn't seem tragic to me.

quote:

In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent.
I assume that's less than 2:1.
Posted by frogtown
Member since Aug 2017
5798 posts
Posted on 9/13/21 at 7:01 pm to
quote:

he share of reported income earned by the top 1 percent of taxpayers fell slightly, to 20.9 percent in 2018 from 21 percent in 2017. Their share of federal individual income taxes rose by 1.6 percentage points to 40.1 percent.


The very highest earners pay "progessive" at a 2:1 rate? Doesn't seem tragic to me.



That is not a rate, that is a ratio.

Nothing seems tragic to you because you don't understand the numbers.

The top 1% pays an "effective" 25% federal income tax rate.

The bottom 50% pay about 0-1%.

So the top 1% of earners federal tax rate is 25 times greater then the bottom 50%. That is a progressive tax rate. See how this works.
This post was edited on 9/13/21 at 7:36 pm
Posted by LSUvet72
Member since Sep 2013
13103 posts
Posted on 9/13/21 at 7:07 pm to
I would trust Putin over that lying, dog faced pony soldier demented POS.

Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
36071 posts
Posted on 9/13/21 at 7:46 pm to
(no message)
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3695 posts
Posted on 9/13/21 at 8:28 pm to
Work builds wealth you dementia ridden idiot
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3695 posts
Posted on 9/13/21 at 8:28 pm to
Guess you don’t make over $400k huh ?
Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
86131 posts
Posted on 9/13/21 at 8:30 pm to
quote:

I like this.



frick you, thief
Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 9/13/21 at 8:33 pm to
yes he is but the tweets are done by some little junior apparatchik communist under orders from the same one(S) that control the turnip

and Ill say it again

YOU GD POS STOLE THE ELECTION

DO NOT BE SO BOLD AS TO THINK YOU CAN DICTATE TO THE COUNTRY FROM WHICH YOU STOLE POWER

STOP THE GD TWEETS JUST STFU
Posted by Bass Tiger
Member since Oct 2014
53988 posts
Posted on 9/13/21 at 8:35 pm to
quote:

President* Biden: If you make less than $400,000 per year...! by oklahogjr


I like this.


Let’s hear your comprehensive explanation of what you like….this should be riveting.
Posted by Bass Tiger
Member since Oct 2014
53988 posts
Posted on 9/13/21 at 8:40 pm to
quote:

President* Biden: If you make less than $400,000 per year...! by thebigmuffaletta


Your inflation IS a tax


All the low skill/low wage workers are now making $15/hr….unfortunately they have less real purchasing power than they had pre Covid19 at $12/hr. Most of them will have a hard time understanding how they’re making $3 more per hour but they’re having greater difficulty paying rent, buying gas and food.
Posted by KLSU
Baton Rouge
Member since Sep 2003
10998 posts
Posted on 9/13/21 at 8:43 pm to
quote:

If you make less than $400,000 per year, I’ll never raise your taxes one penny.


Yea $12.75 for four fricking chicken breasts at the grocery today was a tax you fricking idiot!
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