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"The Median Household Will Pay More under Biden-Harris Tax Plan"
Posted on 10/19/20 at 4:28 pm
Posted on 10/19/20 at 4:28 pm
The question is how the Biden-Harris tax plan, if implemented, would affect households earning less than $400,000. On cue, during last Wednesday’s debate, Senator Harris and Vice President Pence sparred over the subject.
The answer? Most households would face a tax increase under the Biden-Harris tax plan. In fact, as the chart shows, unless your household income is less than $45,600, there is more than a 90 percent chance that the Biden-Harris plan, if enacted, will raise your taxes. In the exact middle of the household income distribution, over 95 percent of households can expect a tax increase if the Biden-Harris plan becomes law. Overall, 82.6 percent of American households can expect a tax increase.
NR Capital Matters
12
Posted on 10/19/20 at 4:30 pm to MrLSU
Trump needs to tweet this shite out and get max coverage and people talking about it
Posted on 10/19/20 at 4:31 pm to MrLSU
quote:
The Median Household Will Pay More under Biden-Harris Tax Plan
Water is wet, Politicians lie, and Democrats raise taxes on everyone making above minimum wage.
Posted on 10/19/20 at 4:31 pm to MrLSU
Well no shite. Biden says he's going to repeal the Trump tax cuts. That's going to RAISE TAXES. It blows my mind dumbasses take Joe Biden's lie as truth when repealing the tax cuts will raise taxes.
Posted on 10/19/20 at 4:32 pm to MrLSU
Can they not read their own article? The up to $45,600 quintile will have 93.1% of them being raised.
The only group below 90% is the up to $24,000 group.
and WTF are a third of them having their taxes raised for?
The only group below 90% is the up to $24,000 group.
and WTF are a third of them having their taxes raised for?
Posted on 10/19/20 at 4:37 pm to The Boat
You don’t get it. He may repeal the tax CUTS but he isn’t RAISING taxes. This is basically Trumps fault for lowering them in the first place. I for one will pay my fair share
Posted on 10/19/20 at 4:38 pm to MrLSU
That ridiculous tax proposal by Biden that people making less than $ 400k will not pay taxes is classic Bait & Switch. Rich people don't pay taxes.......only the Middle Class pay taxes. Been around for decades and I hear democrats make that fake campaign promise over and over and over.
This post was edited on 10/19/20 at 4:41 pm
Posted on 10/19/20 at 4:40 pm to MrLSU
And I'm about to pay about 3k more for health insurance thanks to the gigantic bump BCBS just laid on my company...
Posted on 10/19/20 at 4:46 pm to Lawyered
Ya'll need to listen to Peter Schiff breakdown his tax plan. The fact that we have a major party platform with this kind of proposal means we don't live in a free country anymore. They better think about capital controls before they implement those kinds of policies.
Posted on 10/19/20 at 4:47 pm to MrLSU
My taxes went down under Trump's cuts. Of course it's going to go up if Biden takes them away.
Posted on 10/19/20 at 4:50 pm to jimbeam
quote:
You don’t get it. He may repeal the tax CUTS but he isn’t RAISING taxes. This is basically Trumps fault for lowering them in the first place. I for one will pay my fair share
Joe Biden will not have a single year with higher tax receipts with these proposals. They won't pass so it's a non-starter issue in the first place. Raising rates does not raise taxes. Boomers will have no incentives to stay at work and therefore the labor force will shrink and consupmtion follows. Libs are retarded on taxation with their small linear brains.
Posted on 10/19/20 at 4:51 pm to MrLSU
And after your taxes go up, businesses that see tax increases will pass them on to you.
Even better, your retirement will start to flat line and only rise on your contributions.
Even better, your retirement will start to flat line and only rise on your contributions.
Posted on 10/19/20 at 4:57 pm to Lawyered
quote:
Trump needs to tweet this shite out and get max coverage and people talking about it
3 years after TCJA, 40-60% of Democrat voters still believe it made their taxes go up. The people they trust more than Trump went on camera every day and lied to their face about it, so they deny it even after filing their own taxes for several years.
Posted on 10/19/20 at 5:00 pm to back9Tiger
Insurance - the ultimate scam.
Posted on 10/19/20 at 5:04 pm to jimbeam
quote:
You don’t get it. He may repeal the tax CUTS but he isn’t RAISING taxes. This is basically Trumps fault for lowering them in the first place. I for one will pay my fair share
No one is stopping you from sending the IRS more money right now.
Posted on 10/19/20 at 5:04 pm to MrLSU
CNN -- Median household income to surge above $400,000 under Biden Harris tax plan.
Posted on 10/19/20 at 5:08 pm to jimbeam
quote:
I for one will pay my fair share
Well go ahead. Ain’t nobody stopping you from paying more if you feel so strongly. My gut tells me your aren’t refusing the Trump cuts.
Posted on 10/19/20 at 5:11 pm to jimbeam
quote:
I for one will pay my fair share
I hate the overused cuck term but this is it.
Pay however the frick much you want to pay.
Posted on 10/19/20 at 5:16 pm to jimbeam
quote:
fair share
Please define.
Posted on 10/19/20 at 5:33 pm to jimbeam
You’ve been on a roll lately
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