Biden says he'll raise all the money needed by taxing anyone making over $400,000 a year.

[Oldestyle]

Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.

What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?

Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.

So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.

 

[jbrownson0831]

Now Repubs are concerned about government spending? Under Trump the debt has increased how much in three years?

5.23 trillion..That was July's figure.

It was more under Obammy

 

[Ken Mac]

Now Repubs are concerned about government spending? Under Trump the debt has increased how much in three years?

5.23 trillion..That was July's figure.

This is so typical of a liberul. Most of that is Covid related and the Dems wanted another 3T. Fuck off with you stooooopid illogical thoughts. After Trump cut taxes at the beginning of his term Revenues went UP. Not down. Fuck, how in the hell does that happen?

 

[Moonglow]

Now Repubs are concerned about government spending? Under Trump the debt has increased how much in three years?

5.23 trillion..That was July's figure.

It was more under Obammy

Does that make the debt better or worse?

 

[Moonglow]

Now Repubs are concerned about government spending? Under Trump the debt has increased how much in three years?

5.23 trillion..That was July's figure.

This is so typical of a liberul. Most of that is Covid related and the Dems wanted another 3T. Fuck off with you stooooopid illogical thoughts. After Trump cut taxes at the beginning of his term Revenues went UP. Not down. Fuck, how in the hell does that happen?

If. You could. See how you write. You would see how cut up. And how it makes little sense. What with a mores coded message lacking. Morse code. The debt is the debt no matter who you excuse it and Trump and the Repubs did exactly what they complained Oblama and the Dems did for eight fucking annoying, whiniest filled years.
How do you like your Democratic-Republican party that throws money around in a state capitalist form to support a dying militaristic national and world economy?

 

[jbrownson0831]

Now Repubs are concerned about government spending? Under Trump the debt has increased how much in three years?

5.23 trillion..That was July's figure.

It was more under Obammy

Does that make the debt better or worse?

It makes talk about the debt ignorant like all libber points

 

[jbrownson0831]

Now Repubs are concerned about government spending? Under Trump the debt has increased how much in three years?

5.23 trillion..That was July's figure.

It was more under Obammy

Does that make the debt better or worse?

It makes talk about the debt ignorant like all libber points

Especially during the leftyvirus hoax

 

[easyt65]

Biden should 1st acknowledge the existence of his grandson and get his millionaire adulterous deadbeat dad son to pay the child support he owes for the care of his illegitimate son.

THEN he can talk to me about other Americans paying THEIR 'fair share'.

.

 

[harmonica]

..they already pay MORE than their share
MORE taxes is going to kill the US

 

[danielpalos]

There will be no problem since he can promise that GDP growth will be 5% a year...

What ever happened to Trumpâs boast of 4%, 5% or even 6% growth?

Whatever happened to Trump’s boast that the U.S. economy would be able to grow not just at 3% but at “4%, 5% or even 6%” a year?

www.marketwatch.com

So how does Biden pay for it...

Reverse the Trump tax cut for rich and corporates... $1.5 trillion
Increase tax on Rich (> 400k per year)... $1 Trillion.

Borrow infrastruction expense and pay off over increased production (Capital expendeture)... $1.3 trillion

Education pays off in increased tax revenue. It also drives an economy...

The return to investment in education - OECD

Data and research on education including skills, literacy, research, elementary schools, childhood learning, vocational training and PISA, PIACC and TALIS surveys., Growing advantages for the better educated and likely continuing high levels of unemployment as economies move out of recession...

www.oecd.org

Housing plan will also drive economic activity in the construction market... Homeless are expensive cost on a city...

Combating opioid epidemic: Borrow the money, Cutting funding to poor will just make this worse...


This is all better than ploughing the money in to hole in the dessert. $2.4 billion.

Financial cost of the Iraq War - Wikipedia

en.wikipedia.org

.

You wrote: Increase tax on Rich (> 400k per year)... $1 Trillion How do you figure that? YOU have NOTHING to prove your statement. JUST a guess... I ON the other hand have a link... follow the link!

the government estimates that raising the tax rate on this small group will raise about $600 billion in new revenues over the next decade.

Who Actually Earns $400,000 Per Year?

The Poor are a larger group. Raise the minimum wage until the Poor pay enough in taxes.

You are economically illiterate.

Enjoy your $25 Big Macs.

Nobody takes right wingers seriously about economics, the law, morals or politics. Right wing fantasy is all you have.
Inflation would be less than five percent. And, wages should outpace inflation, regardless.

 

[danielpalos]

There will be no problem since he can promise that GDP growth will be 5% a year...

What ever happened to Trumpâs boast of 4%, 5% or even 6% growth?

Whatever happened to Trump’s boast that the U.S. economy would be able to grow not just at 3% but at “4%, 5% or even 6%” a year?

www.marketwatch.com

So how does Biden pay for it...

Reverse the Trump tax cut for rich and corporates... $1.5 trillion
Increase tax on Rich (> 400k per year)... $1 Trillion.

Borrow infrastruction expense and pay off over increased production (Capital expendeture)... $1.3 trillion

Education pays off in increased tax revenue. It also drives an economy...

The return to investment in education - OECD

Data and research on education including skills, literacy, research, elementary schools, childhood learning, vocational training and PISA, PIACC and TALIS surveys., Growing advantages for the better educated and likely continuing high levels of unemployment as economies move out of recession...

www.oecd.org

Housing plan will also drive economic activity in the construction market... Homeless are expensive cost on a city...

Combating opioid epidemic: Borrow the money, Cutting funding to poor will just make this worse...


This is all better than ploughing the money in to hole in the dessert. $2.4 billion.

Financial cost of the Iraq War - Wikipedia

en.wikipedia.org

.

You wrote: Increase tax on Rich (> 400k per year)... $1 Trillion How do you figure that? YOU have NOTHING to prove your statement. JUST a guess... I ON the other hand have a link... follow the link!

the government estimates that raising the tax rate on this small group will raise about $600 billion in new revenues over the next decade.

Who Actually Earns $400,000 Per Year?

The Poor are a larger group. Raise the minimum wage until the Poor pay enough in taxes.

Here is a simple example of what raising the minimum wage means IF YOU owned a restaurant.
Note the 2nd largest % of revenue (gross sales) is salaries and wages..@ 15.1%
So if the salaries/wages go up just 5%... there is no profit...therefore no business!
View attachment 379079

lol. Nobody takes right wingers seriously about economics. Labor costs are only 3.6 percent in your own list.

 

[danielpalos]

Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.

What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?

Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.

So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.

Simple math, right wingers. Even more difficult than simple English, right wingers.

 

[danielpalos]

..they already pay MORE than their share
MORE taxes is going to kill the US

The Poor don't pay enough in taxes and need their wages raised.

 

[easyt65]

..they already pay MORE than their share
MORE taxes is going to kill the US

Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.


"...we have free shit."


.

 

[harmonica]

..they already pay MORE than their share
MORE taxes is going to kill the US

The Poor don't pay enough in taxes and need their wages raised.

the poor are stupid and deserve NOTHING

 

[CowboyTed]

There will be no problem since he can promise that GDP growth will be 5% a year...

What ever happened to Trumpâs boast of 4%, 5% or even 6% growth?

Whatever happened to Trump’s boast that the U.S. economy would be able to grow not just at 3% but at “4%, 5% or even 6%” a year?

www.marketwatch.com

So how does Biden pay for it...

Reverse the Trump tax cut for rich and corporates... $1.5 trillion
Increase tax on Rich (> 400k per year)... $1 Trillion.

Borrow infrastruction expense and pay off over increased production (Capital expendeture)... $1.3 trillion

Education pays off in increased tax revenue. It also drives an economy...

The return to investment in education - OECD

Data and research on education including skills, literacy, research, elementary schools, childhood learning, vocational training and PISA, PIACC and TALIS surveys., Growing advantages for the better educated and likely continuing high levels of unemployment as economies move out of recession...

www.oecd.org

Housing plan will also drive economic activity in the construction market... Homeless are expensive cost on a city...

Combating opioid epidemic: Borrow the money, Cutting funding to poor will just make this worse...


This is all better than ploughing the money in to hole in the dessert. $2.4 billion.

Financial cost of the Iraq War - Wikipedia

en.wikipedia.org

.

You wrote: Increase tax on Rich (> 400k per year)... $1 Trillion How do you figure that? YOU have NOTHING to prove your statement. JUST a guess... I ON the other hand have a link... follow the link!

the government estimates that raising the tax rate on this small group will raise about $600 billion in new revenues over the next decade.

Who Actually Earns $400,000 Per Year?

Whats 400 billion, we are getting 5% growth and I don't have to defend that...

 

[CowboyTed]

Biden should 1st acknowledge the existence of his grandson and get his millionaire adulterous deadbeat dad son to pay the child support he owes for the care of his illegitimate son.

THEN he can talk to me about other Americans paying THEIR 'fair share'.

.

He is paying child support...

You prefer Trump who likes them to get abortions...

 

[danielpalos]

..they already pay MORE than their share
MORE taxes is going to kill the US

Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.


"...we have free shit."


.

Raise the minimum wage until the Poor pay their fair capital share!

 

[danielpalos]

..they already pay MORE than their share
MORE taxes is going to kill the US

The Poor don't pay enough in taxes and need their wages raised.

the poor are stupid and deserve NOTHING

You Are the Problem, right wingers.

 

[jc456]

So he doesn’t know there’s not enough money no matter what he takes