In Joe Biden America Got A Throwing Quarterback When We Needed A Solid Fullback!

[BULLDOG]

What give aways? That the government in its infinite grace let’s us keep some amount of the money I spent all year busting my ass to earn?

We all work hard for our money. No reason why corporations should be allowed to write off expenses that the average worker can't.

 

[BackAgain]

In Joe Biden America Got A Throwing Quarterback When We Needed A Solid Fullback!​

You misspelled “tackling dummy.”

 

[Burgermeister]

Joe Biden is a moron.

 

[Couchpotato]

What is that exceedingly high tax rate?

The one thats higher than the world average. And why would a Corp that spends money in order to avoid paying taxes decide to not do that if the tax rate were higher?

 

[Couchpotato]

We all work hard for our money. No reason why corporations should be allowed to write off expenses that the average worker can't.

They are writing off the costs associated with doing business. do you think they should have to pay taxes on the money they use to reinvest in their company?

but for the record our deficit is 134% of GDP. So there’s no percentage where by you can make up the money we currently spend on government programs, so the problem isnt people not paying enough in taxes.

 

[BULLDOG]

They are writing off the costs associated with doing business. do you think they should have to pay taxes on the money they use to reinvest in their company?

but for the record our deficit is 134% of GDP. So there’s no percentage where by you can make up the money we currently spend on government programs, so the problem isnt people not paying enough in taxes.

The problem is which people are paying the taxes. Corporations are not paying their share.

 

[Couchpotato]

The problem is which people are paying the taxes. Corporations are not paying their share.

So how do you propose to get companies who would rather spend the money than pay the taxes on it to stop doing that if you raise the tax rate? Mind you if you stifle growth you’re cutting your nose off to spite your face as companies that are expanding are generating more income hiring more people ans thus paying more taxes. You also have to consider that there is incredible risk in owning a company. So there has to be increased reward or people will just not do it. I work 3 times as many hours as any of my employees and they make more money from the company than I do at this point. Someday that will hopefully change but it’s possible that I’ll never make a dime. If the prospect is that I’ll just pay the majority of my profits in taxes…….

 

[otto105]

The one thats higher than the world average. And why would a Corp that spends money in order to avoid paying taxes decide to not do that if the tax rate were higher?

I hear Afghanistan has a very low corporate tax rate.

 

[Couchpotato]

I hear Afghanistan has a very low corporate tax rate.

You should move there

 

[BULLDOG]

So how do you propose to get companies who would rather spend the money than pay the taxes on it to stop doing that if you raise the tax rate? Mind you if you stifle growth you’re cutting your nose off to spite your face as companies that are expanding are generating more income hiring more people ans thus paying more taxes. You also have to consider that there is incredible risk in owning a company. So there has to be increased reward or people will just not do it. I work 3 times as many hours as any of my employees and they make more money from the company than I do at this point. Someday that will hopefully change but it’s possible that I’ll never make a dime. If the prospect is that I’ll just pay the majority of my profits in taxes…….

If you run a business, it's because you want to. I started and ran a corporation for a while until I realized no worthwhile person would want to work for the asshole calling the shots. I sold my business to unethical scoundrels who canabalized the business by selling the profitable parts and screwing the employees who had worked so hard to make it profitable. I'm not proud of that. Yes, I worked harder than my employees. I also received drastically more recompense than they did. Expecting each person to pay their fair share is not unreasonable. I don't understand how you could think it is.

 

[Persuader]

We didn't get a quarterback. A quarterback is a leader.

We got the child molesting perverted water boy.

Absolutely.....biden is a empty suit.

If his family had any decency they would have him committed before he ignigtes a nuclear war with his stiupidity.

 

[otto105]

Absolutely.....biden is a empty suit.

If his family had any decency they would have him committed before he ignigtes a nuclear war with his stiupidity.

Awwwww, poor boi.

You going to cry

 

[francoHFW]

They are writing off the costs associated with doing business. do you think they should have to pay taxes on the money they use to reinvest in their company?

but for the record our deficit is 134% of GDP. So there’s no percentage where by you can make up the money we currently spend on government programs, so the problem isnt people not paying enough in taxes.

Except for the megarich and some giant corps duh....only the GOP talks about raising taxes on the middle class duh...

 

[Couchpotato]

Except for the megarich and some giant corps duh....only the GOP talks about raising taxes on the middle class duh...

If you took 100% of their assets it wouldn't make up the difference. That's the fallacy of the "make the rich pay their fair share" mantra. 1, they are already paying more than anyone else by a huge margin and even if you took ALL their money the moron's in Washington have already spent that and more. We dont have an income problem we have a spending problem. There's this idea that we don't have to prioritize issues/problems facing our country, that all of them are equally important and thus deserve funding. Well that only works in fantasy world. In the real world their are finite resources to expend on infinite problems. Trying to solve all the problems via the Federal Government is a recipe for exactly what we currently have. The US tax payer paid over 8 trillion in taxes in 2021 (all taxes not just federal). That's a 1/3 of the GDP of the entire country. Not just the money made the entire wealth generated by the country. Our country makes more in taxes than anyone else in the world, but it's a revenue problem?

 

[Stormy Daniels]

America's current President Joe Biden isn't a very good match for the current challenges the country faces; American needs a financial whiz, a Chief Financial Officer type, an executive that can lead the organization away from the bankruptcy it is careening towards and stabilize its finances and put it on a path of long-term financial health. America now needs a President that knows the value of a dollar, that is thrifty, not stingy or tightfisted that will spend money with good reason but is careful about spending money that knows America must be prudent about spending money that she is at a dangerous crossroads that unless she gets off her present path America will permanently lose its prosperity potential with higher interest rates across the board, higher borrowing cost and a lower value dollar. Joseph Biden is a terrible fit for the job of President he spent thirty-five years in the U.S. Senate mostly on the Foreign Affairs committee and the Judiciary committee after his first year in the Senate which would be 1974 he joined the Budget Committee because there was no better plum committee seats available but after ten years a plum committee seat opened up and he jumped at it, abandoning Budget, and never looked back! Not only is President Biden's experience not in the area of the country's finances but his heart isn't in the subject either he is as happy as a kid in a candy store talking and dealing about foreign affair matters and judiciary matters but when it comes to budget matters dealing with the issues couldn't end fast enough.


Joseph Biden in one of the books he authored wrote "I do not have absolute faith in the judgment and wisdom of the American people. We're all human and we can all be mislead. When leaders don't level with citizens we can't expect them to make good judgments". Well Joe you and your Congressional Democrat leader allies are guilty of this transgression here because you are misleading the American People about this America's Rescue Act you're not telling them that it has a lot of unnecessary and imprudent spending in this bill which is very very dangerous and wrong for the country at this time. Not only is this $1.9 trillion debt going to have to be paid by our children and grandchildren and their offspring which morally calls for it to be really needed spending but also this debt our nation is piling up is really risking causing and pushing forward the day to two financial earthquakes which would have dramatically negative if not devastating effects on the American economy actually this Rescue Act could really precipitate the first. The first financial earthquake is when Credit Rating Agencies downgrade U.S. Treasury debt, America's risk profile has changed now it is significantly possible they could default on their debt, the wealthy and powerful in America who have a gun to the rating agencies head so to speak may temporarily stop them from doing their duty and recognize the red flags behind this Act which indicate that America now has a different standard for spending, deficit spending is no longer a real meaningful concern for the American government, which means that deficit spending for the foreseeable future will grow at the rate that significantly increases the risk that America will default on its debt in the foreseeable future. As referenced power players in America will obstruct the downgrade to protect their and their allies financial interest but the problem is too deep for them to hold back the downgrade beyond the short term. Sovereign debt buyers know America has added $4 trillion to their national debt already because of the pandemic now they see the U.S. government is spending another two trillion dollars they know when interest rates normalize the interest expense alone on this debt will top one-hundred billion dollars a year with yearly budget deficits already predicted to indefinitely top one trillion dollars a year and have an upward trajectory they know that these factors warrant them to receive additional compensation in buying America's sovereign debt because of America's changed risk profile which means a higher interest rate which will force the credit rating agencies to downgrade U.S. treasury debt from AAA which means that there will be a lot less buyers of U.S. Treasury debt because by law many debt purchases are restricted to buying only AAA debt which will cause. Less buyers of U..S treasuries means higher interest rates for those bonds and because various interest rates throughout our economy are directly and indirectly, vis-a-vis competition, are directly related to U.S. Treasuries means higher interests rates throughout our economy will result!


The second financial earthquake won't occur during the Biden administration assuming only a one-term Presidency but will happen in the foreseeable future after the nation is put on a path of unstoppable dramatically escalating yearly budget deficits by the Democrats "deficits don't matter spending" when it begins to break the threshold of 1.5 to 2 trillion dollars a year there will begin a populous groundswell in America to default on the national debt. The hundreds of billions of dollars of interest expense that could be saved per year it could be argued could be used for things like education, health care, long term care for the elderly, etc.; this populous movement will become unstoppable because the national debt's interest expense will be so large and growing and most ordinary Americans won't be significantly directly impacted by the default. This second earthquake, the default on America's debt, will not only bring higher permanent interest rates in America but will cause a destructive Tsunami wave thru the financial and banking industry which significantly hold U.S. treasuries that will spill over to significantly long term hurt the balance of America's economy! Joseph Biden writes in one of the books he has authored that "Middle Class concerns had been central to my entire forty-five year career in public office.". Well Joe they're not central to your first year as President of the United States because you are poised to wreck the country's finances with your American Rescue Act which will ultimately permanently saddle America's middle class families with higher interest rates which leave them with higher mortgage payments, higher auto loan payments less job opportunities with less wage income opportunities as America's businesses are also constrained by the higher interest rates in America!

Senator Joe Biden used to lament about the new faces that came into the Senate that they had less respect for the old ways of the Senate less respect for the decorum of the Senate which had valuable utility. I wish to God President Joe would take notice that a lot of veteran Senators wish the President would stop leading this juggernaut to steam roll a valuable precedent in the Senate that emergency spending bills aren't done through reconciliation where only fifty-one Senate votes are needed to pass a bill the long-term consequences stemming from future emergency spending reconciliation bills will leave a groan of pain whose sound will never cease! For heaven sake why doesn't this guy do what old hands in American politics expect it is a win-win for everyone; find yourself a good negotiator like Secretary Mnuchin or President Obama's Joe Biden to negotiate for you and do a typical relief bill. President Biden can almost certainly get provisions from the Republicans where they agree to the $1400 checks as long as the eligibility cutoff is $60 k for individuals and $100 k for families. With Mnuchin the Republicans were going to agree to $150 billion state and city aid in a prior bill so considering 2021 is mostly a lost economic recovery year because of the vaccine distribution challenge it is readily foreseeable Republicans could sign on to your $350 billion state/city aid just agree to distribute $200 billion this year and $150 billion starting February of 2022, for the enhanced unemployment cut the difference down the middle make the Federal assistance be $350 per week thru July and adjust the amount downward through September based on the unemployment rate actual and people that dropped out of the job market because the economy is not fully open many liberal economist like this statistical based standard, moderate Republicans already signed on to your expenditure proposal to get and distribute more vaccines. Bottom line President Joe Biden that a Bipartisan Relief Bill is absolutely definitely doable it doesn't take any great insight to see this even most fairly knowledgeable students of American politics can readily see this!

TL;DR

So you hate Joe Biden. Cool story, bro.

 

[Couchpotato]

If you run a business, it's because you want to. I started and ran a corporation for a while until I realized no worthwhile person would want to work for the asshole calling the shots. I sold my business to unethical scoundrels who canabalized the business by selling the profitable parts and screwing the employees who had worked so hard to make it profitable. I'm not proud of that. Yes, I worked harder than my employees. I also received drastically more recompense than they did. Expecting each person to pay their fair share is not unreasonable. I don't understand how you could think it is.

Except for the megarich and some giant corps duh....only the GOP talks about raising taxes on the middle class duh...

Some light reading

List of countries by total wealth - Wikipedia

en.wikipedia.org

US total wealth is 126 trillion

Federal Fiscal Shortfall Surges Past $100 Trillion - Just Facts

The U.S. Treasury has published a major report revealing that the federal government has amassed $103.7 trillion in debts, liabilities, and unfunded obligations.

www.justfactsdaily.com

Our total unfunded liability/debt/obligations is over 100 trillion.

What tax rate are you going to put on the mega rich and corporations to make that up?

 

[francoHFW]

If you took 100% of their assets it wouldn't make up the difference. That's the fallacy of the "make the rich pay their fair share" mantra. 1, they are already paying more than anyone else by a huge margin and even if you took ALL their money the moron's in Washington have already spent that and more. We dont have an income problem we have a spending problem. There's this idea that we don't have to prioritize issues/problems facing our country, that all of them are equally important and thus deserve funding. Well that only works in fantasy world. In the real world their are finite resources to expend on infinite problems. Trying to solve all the problems via the Federal Government is a recipe for exactly what we currently have. The US tax payer paid over 8 trillion in taxes in 2021 (all taxes not just federal). That's a 1/3 of the GDP of the entire country. Not just the money made the entire wealth generated by the country. Our country makes more in taxes than anyone else in the world, but it's a revenue problem?

a. look at the link. we have a flat tax if you count all taxes. A huge giveaway to the rich and a disaster for the country....we are the richest country in the world, yet the only modern country without health care for all living wage cheap college and training etc, Thanks GOP and dupes...

 

[francoHFW]

Some light reading

List of countries by total wealth - Wikipedia

en.wikipedia.org

US total wealth is 126 trillion

Federal Fiscal Shortfall Surges Past $100 Trillion - Just Facts

The U.S. Treasury has published a major report revealing that the federal government has amassed $103.7 trillion in debts, liabilities, and unfunded obligations.

www.justfactsdaily.com

Our total unfunded liability/debt/obligations is over 100 trillion.

What tax rate are you going to put on the mega rich and corporations to make that up?

start at 50 like Reagan success period....not 28 like he left us with...

 

[francoHFW]

Some light reading

List of countries by total wealth - Wikipedia

en.wikipedia.org

US total wealth is 126 trillion

Federal Fiscal Shortfall Surges Past $100 Trillion - Just Facts

The U.S. Treasury has published a major report revealing that the federal government has amassed $103.7 trillion in debts, liabilities, and unfunded obligations.

www.justfactsdaily.com

Our total unfunded liability/debt/obligations is over 100 trillion.

What tax rate are you going to put on the mega rich and corporations to make that up?

Thanks to the GOP corrupt/stoopid depressions and stoopidest wars ever. Great job!!

 

[Couchpotato]

a. look at the link. we have a flat tax if you count all taxes. A huge giveaway to the rich and a disaster for the country....we are the richest country in the world, yet the only modern country without health care for all living wage cheap college and training etc, Thanks GOP and dupes...

What are you smoking?