Biden’s new Tax on $400k+, doesn’t that disproportionately affect Whites?

[theHawk]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

 

[MarcATL]

OP, is your premise of your argument that due to disparate outcomes this tax is racist?

 

[healthmyths]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

I did this when I first heard about Biden's "TAX the wealthy scheme!"
So the "wealthy" will be taxed 126% of current tax to make the $3.8 trillion a year goal.
What will this mean?
Well some will have to sell their stock...at lower prices because others will sell. CRASH! BOOM!
Some will not be buying planes, boats, cars, homes... easily billions not spent but with the government! BOOM!
Some will not be investing in businesses, hiring people, buying goods and services....BAM GDP down!!!
All because some truly DUMB economic idiots believe the government can spend the money better!

 

[Dekster]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Well, if it makes you feel better, those BLM "leaders" hauling in $100+M will be subject to it as well.

 

[AFrench2]

Eat the rich

 

[Bobob]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Ok, let's be honest, shall we? When Trump gave the wealthy that 20% tax reduction, it mostly benefited whites, yes? That huge benefit cost the treasury 2 trillion dollars of white money that the whites spent in the stock market instead of in the economic marketplace. They did not need that tax reduction because they were chugging along just fine, but they got it anyway. So now the treasury needs that money back, so where-to-for and henceforth the money is going to come home in the form of a % tax increase for the wealthy. A part of the clean-up.

 

[Blaine Sweeter]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Suddenly you're concerned about Black people.
What a fucking hypocrite.

 

[theHawk]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Ok, let's be honest, shall we? When Trump gave the wealthy that 20% tax reduction, it mostly benefited whites, yes? That huge benefit cost the treasury 2 trillion dollars of white money that the whites spent in the stock market instead of in the economic marketplace. They did not need that tax reduction because they were chugging along just fine, but they got it anyway. So now the treasury needs that money back, so where-to-for and henceforth the money is going to come home in the form of a % tax increase for the wealthy. A part of the clean-up.

Those rich people were already paying a disproportionately high amount of taxes.

Next.

 

[Foreigner Looking In.]

Asians earn more than whites.
And Jews earn more than Christians.
I thought it was a systemically racist country.

 

[Bobob]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Ok, let's be honest, shall we? When Trump gave the wealthy that 20% tax reduction, it mostly benefited whites, yes? That huge benefit cost the treasury 2 trillion dollars of white money that the whites spent in the stock market instead of in the economic marketplace. They did not need that tax reduction because they were chugging along just fine, but they got it anyway. So now the treasury needs that money back, so where-to-for and henceforth the money is going to come home in the form of a % tax increase for the wealthy. A part of the clean-up.

Those rich people were already paying a disproportionately high amount of taxes.

Next.

Next? Next is that the wealthy were aided greatly by the working class in their money-making ventures, for the most part, and are not paying enough now.
Maybe taxes should be raised on people of your ilk to help reduce the deficit.

 

[Bobob]

Asians earn more than whites.
And Jews earn more than Christians.
I thought it was a systemically racist country.

It is racist in your attitude. White supremacists and qanons are an example of whites who don't earn much and have racist attitudes.

 

[theHawk]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Ok, let's be honest, shall we? When Trump gave the wealthy that 20% tax reduction, it mostly benefited whites, yes? That huge benefit cost the treasury 2 trillion dollars of white money that the whites spent in the stock market instead of in the economic marketplace. They did not need that tax reduction because they were chugging along just fine, but they got it anyway. So now the treasury needs that money back, so where-to-for and henceforth the money is going to come home in the form of a % tax increase for the wealthy. A part of the clean-up.

Those rich people were already paying a disproportionately high amount of taxes.

Next.

Next? Next is that the wealthy were aided greatly by the working class in their money-making ventures, for the most part, and are not paying enough now.
Maybe taxes should be raised on people of your ilk to help reduce the deficit.

Sure, go ahead and raise taxes on the middle class.

Do it.

 

[Foreigner Looking In.]

Asians earn more than whites.
And Jews earn more than Christians.
I thought it was a systemically racist country.

It is racist in your attitude. White supremacists and qanons are an example of whites who don't earn much and have racist attitudes.

So, it's not systemic and you admit that whites are not privileged.
It's a start.

 

[excalibur]

The left [DemonRats] ruin everything they touch.

But with the 2022 midterms soon to be an issue, will the DemonRats want to increase taxes in 2022?

And we know that as usual the middle-class will bear the biggest burden of any tax increases, couple that to the Biden-Energy-Tax already taking hold thanks to jugheaded policies from Traitor Joe©™.

 

[excalibur]

Sure, go ahead and raise taxes on the middle class.

Do it.

Couple that with the Biden-Energy-Tax already done thanks to his idiotic policies.

 

[surada]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Its not about color, Its about income. If you make $400,000 it doesn't matter what color you are.

 

[surada]

The left [DemonRats] ruin everything they touch.

But with the 2022 midterms soon to be an issue, will the DemonRats want to increase taxes in 2022?

And we know that as usual the middle-class will bear the biggest burden of any tax increases, couple that to the Biden-Energy-Tax already taking hold thanks to jugheaded policies from Traitor Joe©™.

So you think earning $400,000 a year is middle class?

 

[Bobob]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Ok, let's be honest, shall we? When Trump gave the wealthy that 20% tax reduction, it mostly benefited whites, yes? That huge benefit cost the treasury 2 trillion dollars of white money that the whites spent in the stock market instead of in the economic marketplace. They did not need that tax reduction because they were chugging along just fine, but they got it anyway. So now the treasury needs that money back, so where-to-for and henceforth the money is going to come home in the form of a % tax increase for the wealthy. A part of the clean-up.

Those rich people were already paying a disproportionately high amount of taxes.

Next.

Next? Next is that the wealthy were aided greatly by the working class in their money-making ventures, for the most part, and are not paying enough now.
Maybe taxes should be raised on people of your ilk to help reduce the deficit.

Sure, go ahead and raise taxes on the middle class.

Do it.

That is my point, hotshot. The working middle class cannot afford a tax increase,
nor should they get one. The wealthy can afford an increase and should get one since they got that huge and unnecessary reduction that they did not need.
You know what? You are not the smartest rock in the pile, are you?

 

[Bobob]

Asians earn more than whites.
And Jews earn more than Christians.
I thought it was a systemically racist country.

It is racist in your attitude. White supremacists and qanons are an example of whites who don't earn much and have racist attitudes.

So, it's not systemic and you admit that whites are not privileged.
It's a start.

Some think they are whether they are or are not.

 

[theHawk]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Its not about color, Its about income. If you make $400,000 it doesn't matter what color you are.

Isn’t that true for people making under $30k?

Study Shows Illinois Flat Tax System Is Harder On Black, Latinx Taxpayers

A study released Thursday by the Institute on Taxation and Economic Policy (ITEP) showed Illinois' flat tax negatively affects Black and Hispanic taxpayers.

www.blackenterprise.com