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Sleepy just outlined is economic plan & WOW GET READY TO BEND OVER

Posted on 10/2/20 at 3:57 pm
Posted by Covingtontiger77
Member since Dec 2015
10247 posts
Posted on 10/2/20 at 3:57 pm
Only taxing at above $400,000 and raising corporate tax rate


Guess all those companies are just going to take the higher tax rate and it pass it along to everyone else.


Oh and he thinks his plan will lead to the expansion of manufacturing jobs and plants - WHO KNEW?


Who knew sleepy Joe had the answer all along?

He just have been playing possum for 47 years in govt.


Also, he really played up to Union and blue collar Dems.
- ARE THOSE PEOPLE REALLY CONSIDERING ALIGNING THEMSELVES AGAIN WITH THIS PARTY? Sleepy seems to think so.
Posted by cajuntiger1010
Member since Jan 2015
9239 posts
Posted on 10/2/20 at 3:59 pm to
his quote at the debate "We will eliminate the Trump Tax cuts"

idk how that didnt make headlines at all
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54209 posts
Posted on 10/2/20 at 3:59 pm to
He said he's also repealing Trump's tax cuts thus raising those people's taxes.
Posted by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 10/2/20 at 4:00 pm to
F him and his plan. That POS will absolutely kill this country!
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7547 posts
Posted on 10/2/20 at 4:00 pm to
When has taxation ever stimulated any growth in the economy?
Posted by auburn32
Auburn
Member since Dec 2009
2168 posts
Posted on 10/2/20 at 4:06 pm to
quote:

his quote at the debate "We will eliminate the Trump Tax cuts"

idk how that didnt make headlines at all


Most Dems believe the trash that it was only for the rich and corporations. Democrats don't look at their taxes enough to know that pretty much anyone making money got a nice tax break.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79677 posts
Posted on 10/2/20 at 4:07 pm to
quote:

He said he's also repealing Trump's tax cuts thus raising those people's taxes.


Joe doesn’t see that as raising people’s taxes.
Posted by TimeOutdoors
AK
Member since Sep 2014
12123 posts
Posted on 10/2/20 at 4:07 pm to
From what I read it also stops pretax contributions to 401k if you make over $40k. Has this changed?
Posted by L1C4
The Ville
Member since Aug 2017
13172 posts
Posted on 10/2/20 at 4:09 pm to
If his plan is so good why didn't he try it when he was in the WH.
You know, when Obama said "Those jobs are leaving and they're not coming back."
Posted by ninthward
Boston, MA
Member since May 2007
20413 posts
Posted on 10/2/20 at 4:09 pm to
quote:

his quote at the debate "We will eliminate the Trump Tax cuts"

idk how that didnt make headlines at all


Because the people that dont pay taxes ( Dems )think this was a tax cut for the wealthy.
Posted by Markie812
Louisiana
Member since Nov 2007
2934 posts
Posted on 10/2/20 at 4:12 pm to
Biden used Trump getting sick to tout a mask mandate. I have a heart condition and am just careful but I will never get used to wearing a fricking mask all the time and with force. Everything else Biden talked about made no sense and he was reading from a teleprompter.
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 10/2/20 at 4:12 pm to
i pointed out in another thread that he also said that he will shut the country down again and implied that businesses were opened unsafely and that to reopen would be "expensive" meaning, he'll require all businesses to have the govt required ppe thus creating a new revenue source for the dems a la obama era stimulus bailouts
Posted by LSUnation78
Northshore
Member since Aug 2012
12066 posts
Posted on 10/2/20 at 4:15 pm to
What do you mean only taxing at above 400k.

No taxes on income up to 400k?
This post was edited on 10/2/20 at 4:32 pm
Posted by Torqued Pork
Malvern
Member since Sep 2020
3622 posts
Posted on 10/2/20 at 4:17 pm to
Joe is having wet dreams just thinking about playing footsies with his old friend, Xi.
Posted by Rekrul
Member since Feb 2007
7949 posts
Posted on 10/2/20 at 4:17 pm to
What gets me is, these stupid motherfrickers think large corporations and very wealthy people will just absorb these tax increases. Like oh well, that’s just life no big deal.

No dumbasses, no they will not ever do that. That added expense will be passed on to the consumer just like any other added expense, and a ton of their money/operations will simply be moved overseas.

The easily manipulated idiots that they’re pandering to will share all of that expense with the rest of us and they’re too damn blind to see it.

They act like there’s a never ending supply of money somewhere, all rainbows and unicorn farts in their sheep eyes
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98744 posts
Posted on 10/2/20 at 4:18 pm to
Good old moderate Joe!
Posted by PhDoogan
Member since Sep 2018
14947 posts
Posted on 10/2/20 at 4:25 pm to
quote:

Only taxing at above $400,000 and raising corporate tax rate


That is going to murder small businesses/LLCs whose gross income easily exceeds $400K.
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 10/2/20 at 4:30 pm to
quote:

That added expense will be passed on to the consumer just like any other added expense, and a ton of their money/operations will simply be moved overseas
then unemployment goes up
then real wages go down
then consumer confidence goes down
then consumer spending goes down
then the housing market tanks
then the stock market suffers
then investments evaporate

but trickle down theory has been disproven!!
Posted by idlewatcher
County Jail
Member since Jan 2012
79081 posts
Posted on 10/2/20 at 4:33 pm to
Hate to say it but we kind of need a true recession to get people’s minds right. For idiots to even consider voting for this guy are beyond enemies of the state.

They obviously didn’t learn during Obama’s tenure.
Posted by Bulldogblitz
In my house
Member since Dec 2018
26781 posts
Posted on 10/2/20 at 4:34 pm to
He subscribes to the "those jobs won't be coming back" line.
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