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Biden going to raise tax on tobacco...so no one earning under $400k uses Tobacco?

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ColonelAngus

ColonelAngus

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Joe Biden said that your taxes will not increase if you earn less than $400k.

Then the Democrats try to pass a bill that increases capital gains and tobacco taxes.

Joe Biden is therefore saying that no one that earns under $400k purchases tobacco products or buys and sells real estate or stocks.

Why does anyone believe these lies that are so easily identified?
 

Viktor

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What happened to the Biden lie that taxes would not go up on people earning under $400k?



The Democrats' $3.5 trillion budget proposal relies on a $100 billion tax hike that disproportionately targets the poor, lines the pockets of organized crime, and increases inequality.

The plan doubles the federal tax on cigarettes, which would break President Joe Biden's promise to raise taxes only on those earning more than $400,000. Households with an income of $35,000 or less smoke at three times the rate of households with incomes of more than $100,000. Richard Marianos, a 27-year veteran of the Bureau of Alcohol, Tobacco, Firearms, and Explosives who worked on gang violence, said a tobacco tax increase will punish vulnerable communities.


I was suspicious when Bernie promised it and sure it was a lie when Biden said it. The Dumbocrats have been promising that for decades and never did it.
 

Viktor

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What happened to the Biden lie that taxes would not go up on people earning under $400k?



The Democrats' $3.5 trillion budget proposal relies on a $100 billion tax hike that disproportionately targets the poor, lines the pockets of organized crime, and increases inequality.

The plan doubles the federal tax on cigarettes, which would break President Joe Biden's promise to raise taxes only on those earning more than $400,000. Households with an income of $35,000 or less smoke at three times the rate of households with incomes of more than $100,000. Richard Marianos, a 27-year veteran of the Bureau of Alcohol, Tobacco, Firearms, and Explosives who worked on gang violence, said a tobacco tax increase will punish vulnerable communities.


They gonna raise the gasoline tax, too. We should all buy a bicycle.
 

Viktor

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Joe Biden said that your taxes will not increase if you earn less than $400k.

Then the Democrats try to pass a bill that increases capital gains and tobacco taxes.

Joe Biden is therefore saying that no one that earns under $400k purchases tobacco products or buys and sells real estate or stocks.

Why does anyone believe these lies that are so easily identified?
Raising the tax on capital gains will be very bad. The stock market is the place corporations get funds to expand and create jobs. Raising the CG tax will diminish investment in land building and equipment. It will kill economic growth.
 

maybelooking

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Idiot liberals.

"its fine, tax people who smoke because its stupid".

but when the tax goes up on something that DOES affect you, well you can just sit back and stfu.
 

Care4all

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So all those hidden taxes that hit the poor are just fine with you? How selfish of you.
I don't agree with any "sin taxes"..... they do hit the poor disproportionately! There are Democratic critters in congress fighting the cigarette tax, for this reason.... I doubt it will make it in to the bill, when said and done.

But if it does, the poor people who are smokers, will more than get their money back with the benefits specifically for them, in the bill.
 

Ray From Cleveland

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Idiot liberals.

"its fine, tax people who smoke because its stupid".

but when the tax goes up on something that DOES affect you, well you can just sit back and stfu.

Correct. We need to solve poverty!!!!! We can do that by taking away more of their money!!!!
 

Ray From Cleveland

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They gonna raise the gasoline tax, too. We should all buy a bicycle.

That's the Democrat utopia. Hundreds of people riding bikes or standing in the rain and snow waiting for their public transportation to take them to work or the store.
 

Nostra

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I don't agree with any "sin taxes"..... they do hit the poor disproportionately! There are Democratic critters in congress fighting the cigarette tax, for this reason.... I doubt it will make it in to the bill, when said and done.

But if it does, the poor people who are smokers, will more than get their money back with the benefits specifically for them, in the bill.
But if it does, the poor people who are smokers, will more than get their money back with the benefits specifically for them, in the bill.

How stupid is that? Tax people on something, but tell them they will get it back on something else. Why pass the tax in the first place?
 

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