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Economy Biden's tax plan doesn't change anything for those under 400K

Discussion in 'The War Room' started by mrbaapt, Nov 10, 2020.

  1. mrbaapt Brown Belt

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  2. Misfit23 Black Belt

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    A republican held senate will never let that pass. It's a pipe dream like the wall.
     
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  3. ultramanhyata Reclimbing Like Mountain Yellow Card

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    [​IMG]
     
  4. Benjamin Burton Brown Belt

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    Both georgia seats are going to a runoff so it's not entirely impossible.
     
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  5. Staph infection Glue historian

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    Yep, it doesn’t change a thing at all because the wealthy and corporations are going to eat those increased taxes. They will not pass those costs down to the consumers and poor folks.
     
  6. Diogenes of Sinope Brown Belt

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    good
     
  7. The Big Bang Double Yellow Card Double Yellow Card

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    Kill it with fire...... damn.
     
  8. mrbaapt Brown Belt

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    They never do.
     
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  9. Cooz Brown Belt

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  10. mrbaapt Brown Belt

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    It has never been trickled down. Tax the poor less is the only effective way to mitigate income disparity.
     
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  11. Holic Sock Puppet Exorcist

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    And you can keep your doctor
     
  12. Fugazy Aka Ferrari Houseshoes

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    Hopefully. We will see.

    Hey, I wanted Trump to win but I’m hoping for the best out of Biden.

    Does that make me a wizard?
     
  13. nostradumbass Steel Belt

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    What's Biden's exact presidential salary again?

    <36>
     
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  14. High Altitude Black Belt

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    If it passes, it is going to be some sleight of hand, smoke and mirrors legislation where we tax them more in the left hand, but give them 10 times more back in the right hand, and then tell the public how much we care about the little people.
     
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  15. wonderbread Stiff Member

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    If I pay 30% income tax.. fucking everyone should.
     
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  16. Trotsky Banned Banned

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    How exactly do you think that raising personal income taxes on wealthy taxpayers will "pass those costs down to the consumers and poor folks."

    In the case of corporate tax hikes, you at least have a theoretical point even if you may not have an actual point. In the case of personal income taxes, it makes no sense.
     
  17. mrbaapt Brown Belt

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    It makes you reasonable.
     
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  18. Clifford_Harris Green Belt

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    Pales in comparison to what his 10% of his crackhead is going to be bringing in with being the son of the President.
     
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  19. panamaican Senior Moderator Staff Member Senior Moderator

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    Isn't that what he said? That he was going to raise taxes on the wealthy, not that he was going to cut taxes for anyone else.

    Also, don't worry - Trump's tax cuts for the lowest earners were only temporary (they phase out by 2027) so those lower income people will get a tax increase anyway. In fact, if Joe does nothing, the poor will see their taxes go up every other year while the rich and the corporations will have no change at all.
     
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  20. KAZSoliloquy Banned Banned

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    not a smidge of stubble on that man. men who can't grow facial hair should be thrown out of office
     

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