Biden's Tax Plan -probably won't affect you, although it might!

[Sun Devil 92]

Unlike some of his opponents in the Democratic primaries (e.g., Elizabeth Warren and Bernie Sanders), Biden has not push for a "wealth tax." But that doesn't mean he is opposed to taxing the wealthy more heavily. For instance, to help close the income gap, he wants to raise the highest personal income rate back up to 39.6% (it was lowered to 37% by the 2017 tax reform law) and cap itemized deductions for the wealthiest Americans at 28%. He won't raise taxes for anyone making less than $400,000, though.


Taxing the wealthy isn't the only way to narrow the income gap. Reducing taxes for low- and middle-income taxpayers will help that effort, too. Along those lines, Biden has proposed:

• Expanding the childcare credit to $8,000;
• Forgiving student loan debt and excluding the forgiven amount from taxation;
• Expanding the work opportunity tax credit to include military spouses;
• Enhancing tax breaks for workers who are saving for retirement; and
• Creating tax credits for small businesses that offer retirement plans for their workers.

Biden never jumped on the Medicare-for-all bandwagon. Instead, he would rather keep and improve Obamacare. As part of his plan to do this,

To help protect Social Security, Biden would make more income from wealthier Americans subject to the Social Security payroll tax. (tramp keeps cutting the benefits of Medicare and SS)

The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill

Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.

www.kiplinger.com

---------------------------------
you can read the rest. This is why he is winning.

Joe's plans are well thought out and reasonable. Not "pie in the sky" dreams that could never pass muster, but doable real-world solutions.

Well done, Joe.

His plans have worked so far.

Wait...what plans.

 

[Sun Devil 92]

Unlike some of his opponents in the Democratic primaries (e.g., Elizabeth Warren and Bernie Sanders), Biden has not push for a "wealth tax." But that doesn't mean he is opposed to taxing the wealthy more heavily. For instance, to help close the income gap, he wants to raise the highest personal income rate back up to 39.6% (it was lowered to 37% by the 2017 tax reform law) and cap itemized deductions for the wealthiest Americans at 28%. He won't raise taxes for anyone making less than $400,000, though.


Taxing the wealthy isn't the only way to narrow the income gap. Reducing taxes for low- and middle-income taxpayers will help that effort, too. Along those lines, Biden has proposed:

• Expanding the childcare credit to $8,000;
• Forgiving student loan debt and excluding the forgiven amount from taxation;
• Expanding the work opportunity tax credit to include military spouses;
• Enhancing tax breaks for workers who are saving for retirement; and
• Creating tax credits for small businesses that offer retirement plans for their workers.

Biden never jumped on the Medicare-for-all bandwagon. Instead, he would rather keep and improve Obamacare. As part of his plan to do this,

To help protect Social Security, Biden would make more income from wealthier Americans subject to the Social Security payroll tax. (tramp keeps cutting the benefits of Medicare and SS)

The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill

Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.

www.kiplinger.com

---------------------------------
you can read the rest. This is why he is winning.

Your thread title is stupid. It probably won't...but it might. Is that like saying the sky is blue, so it's not red.

Moron.

 

[TNHarley]

Raising taxes by 3 percent and a bunch of free shit lol.
So well thought out.

 

[Dick Foster]

Unlike some of his opponents in the Democratic primaries (e.g., Elizabeth Warren and Bernie Sanders), Biden has not push for a "wealth tax." But that doesn't mean he is opposed to taxing the wealthy more heavily. For instance, to help close the income gap, he wants to raise the highest personal income rate back up to 39.6% (it was lowered to 37% by the 2017 tax reform law) and cap itemized deductions for the wealthiest Americans at 28%. He won't raise taxes for anyone making less than $400,000, though.


Taxing the wealthy isn't the only way to narrow the income gap. Reducing taxes for low- and middle-income taxpayers will help that effort, too. Along those lines, Biden has proposed:

• Expanding the childcare credit to $8,000;
• Forgiving student loan debt and excluding the forgiven amount from taxation;
• Expanding the work opportunity tax credit to include military spouses;
• Enhancing tax breaks for workers who are saving for retirement; and
• Creating tax credits for small businesses that offer retirement plans for their workers.

Biden never jumped on the Medicare-for-all bandwagon. Instead, he would rather keep and improve Obamacare. As part of his plan to do this,

To help protect Social Security, Biden would make more income from wealthier Americans subject to the Social Security payroll tax. (tramp keeps cutting the benefits of Medicare and SS)

The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill

Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.

www.kiplinger.com

---------------------------------
you can read the rest. This is why he is winning.

If you think taxing anything or anyone stops right there then you're an even bigger fool that I thought you were. In the end you and I always pay unless of course you're a deadbeat on the dole.

 

[Penelope]

Bidum's tax plan won't affect you unless you're trying to get a job and there's no capital to invest in new jobs.

Libtardos think poor people hire people.

Biden's tax plan won't affect you unless you're trying to get a job, or have a job, or have more than $1.95.

how would that affect you if you trying to find a job? or have a job, or have more than 1.95 in your pocket?

Because there won't be any Einstein...you know, the new normal.

How that , the new normal??

 

[Penelope]

Unlike some of his opponents in the Democratic primaries (e.g., Elizabeth Warren and Bernie Sanders), Biden has not push for a "wealth tax." But that doesn't mean he is opposed to taxing the wealthy more heavily. For instance, to help close the income gap, he wants to raise the highest personal income rate back up to 39.6% (it was lowered to 37% by the 2017 tax reform law) and cap itemized deductions for the wealthiest Americans at 28%. He won't raise taxes for anyone making less than $400,000, though.


Taxing the wealthy isn't the only way to narrow the income gap. Reducing taxes for low- and middle-income taxpayers will help that effort, too. Along those lines, Biden has proposed:

• Expanding the childcare credit to $8,000;
• Forgiving student loan debt and excluding the forgiven amount from taxation;
• Expanding the work opportunity tax credit to include military spouses;
• Enhancing tax breaks for workers who are saving for retirement; and
• Creating tax credits for small businesses that offer retirement plans for their workers.

Biden never jumped on the Medicare-for-all bandwagon. Instead, he would rather keep and improve Obamacare. As part of his plan to do this,

To help protect Social Security, Biden would make more income from wealthier Americans subject to the Social Security payroll tax. (tramp keeps cutting the benefits of Medicare and SS)

The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill

Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.

www.kiplinger.com

---------------------------------
you can read the rest. This is why he is winning.

Your thread title is stupid. It probably won't...but it might. Is that like saying the sky is blue, so it's not red.

Moron.

Well it might affect you if you make over 400,000.

 

[Penelope]

Unlike some of his opponents in the Democratic primaries (e.g., Elizabeth Warren and Bernie Sanders), Biden has not push for a "wealth tax." But that doesn't mean he is opposed to taxing the wealthy more heavily. For instance, to help close the income gap, he wants to raise the highest personal income rate back up to 39.6% (it was lowered to 37% by the 2017 tax reform law) and cap itemized deductions for the wealthiest Americans at 28%. He won't raise taxes for anyone making less than $400,000, though.


Taxing the wealthy isn't the only way to narrow the income gap. Reducing taxes for low- and middle-income taxpayers will help that effort, too. Along those lines, Biden has proposed:

• Expanding the childcare credit to $8,000;
• Forgiving student loan debt and excluding the forgiven amount from taxation;
• Expanding the work opportunity tax credit to include military spouses;
• Enhancing tax breaks for workers who are saving for retirement; and
• Creating tax credits for small businesses that offer retirement plans for their workers.

Biden never jumped on the Medicare-for-all bandwagon. Instead, he would rather keep and improve Obamacare. As part of his plan to do this,

To help protect Social Security, Biden would make more income from wealthier Americans subject to the Social Security payroll tax. (tramp keeps cutting the benefits of Medicare and SS)

The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill

Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.

www.kiplinger.com

---------------------------------
you can read the rest. This is why he is winning.

If you think taxing anything or anyone stops right there then you're an even bigger fool that I thought you were. In the end you and I always pay unless of course you're a deadbeat on the dole.

Donald Trump won’t say it, but Republicans in the Senate will: Social Security and Medicare would be on the chopping block in a second Trump term. Pointing to rising deficits, Republican senators have all but promised to gut entitlements if Trump gets four more years.

Sen. John Thune (R-SD), the second-ranking Senate Republican, expressed hope to the New York Times that Trump would be “interested” in reforming Social Security and Medicare. Sen. John Barrasso (R-WY) was even more optimistic. “We’ve brought it up with President Trump, who has talked about it being a second-term project,” Barrasso said. Senate Leader Mitch McConnell (R-KY) has made no secret of wanting to cut Social Security.

Trump's Second-Term Plan For Social Security: Starve The Beast

In using deficit fears to target entitlement programs, Republicans are enacting a time-honored political tradition of the right: first, expand deficits through tax cuts, then declare that spending must be slashed.

www.forbes.com

-------------------------------------
never mind about their entitlements!!!

 

[Penelope]

Unlike some of his opponents in the Democratic primaries (e.g., Elizabeth Warren and Bernie Sanders), Biden has not push for a "wealth tax." But that doesn't mean he is opposed to taxing the wealthy more heavily. For instance, to help close the income gap, he wants to raise the highest personal income rate back up to 39.6% (it was lowered to 37% by the 2017 tax reform law) and cap itemized deductions for the wealthiest Americans at 28%. He won't raise taxes for anyone making less than $400,000, though.


Taxing the wealthy isn't the only way to narrow the income gap. Reducing taxes for low- and middle-income taxpayers will help that effort, too. Along those lines, Biden has proposed:

• Expanding the childcare credit to $8,000;
• Forgiving student loan debt and excluding the forgiven amount from taxation;
• Expanding the work opportunity tax credit to include military spouses;
• Enhancing tax breaks for workers who are saving for retirement; and
• Creating tax credits for small businesses that offer retirement plans for their workers.

Biden never jumped on the Medicare-for-all bandwagon. Instead, he would rather keep and improve Obamacare. As part of his plan to do this,

To help protect Social Security, Biden would make more income from wealthier Americans subject to the Social Security payroll tax. (tramp keeps cutting the benefits of Medicare and SS)

The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill

Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.

www.kiplinger.com

---------------------------------
you can read the rest. This is why he is winning.

Joe's plans are well thought out and reasonable. Not "pie in the sky" dreams that could never pass muster, but doable real-world solutions.

Well done, Joe.

His plans have worked so far.

Wait...what plans.

For whom??? The weatlhy??

 

[Thinker101]

Bidum's tax plan won't affect you unless you're trying to get a job and there's no capital to invest in new jobs.

Libtardos think poor people hire people.

Biden's tax plan won't affect you unless you're trying to get a job, or have a job, or have more than $1.95.

how would that affect you if you trying to find a job? or have a job, or have more than 1.95 in your pocket?

Because there won't be any Einstein...you know, the new normal.

How that , the new normal??

How soon some forget Obama telling us a mediocre economy and lack of jobs was "the new normal".