Joe Biden is reportedly 'planning first major tax hike in almost 30 years'

[task0778]

Do conservatives have a better idea on how to pay off the $30 trillion national debt? ... that's $600 billion in interest every year ...

Do you really think the lib/dems are going to come close to paying off the debt? They're going to spend gobs of money on their progressive GND goals and raise the debt in Biden's 1st year by considerably more than Trump did in his 1st 3 years. Fiscal conservatives at this point would be happy just to restrain gov't spending to a 3% increase, year over year. Alas, that ain't going to happen, we don't have anywhere near enough fiscal conservatives in DC these days, but at least the GOP isn't spending money like a drunken sailor the way the democrats are.

 

[easyt65]

Not even the DEAD are safe from Biden's tax increases. Trillions of dollars in tax increases including estate taxes.

What can you post about the estate tax to convince anyone that you do know anything about it.

Why does the US govt get to tax you when you make the money, tax it when you / them when you leave it to your family? The govt taxes everything they can possibly tax as many times as they can.

I own my own home and property, but I have to pay the local government to make up-graded to my house or to build a shed in my own back yard?

Democrats have never met a tax they do no like, primarily because they have to take as much from American citizens to pay for all of their eye=popping, jaw-dropping, national security-threatening deficit spending.

Socialism is awesome...until the Socialists rn out of other people's money.

 

[Flash]

Raising taxes on all the American people to pay off giving money to the poorly run Democrat states and big city shitholes. Not to mention stimulus funds and welfare to the Illegals that are flooding all across the border and the money going to the foreign counties.

Except nothing will be paid off. The debt will increase and spending will increase.

That is the kind of sorry ass shit we get when Democrats get power.

The last thing this economy needs right now is a tax increase. That fucked up Obama's economy and it will fuck up this one.

Democrats don't know any more about Economics than they know about History, Climate Science, Biology, Ethics or the Constitution.

They fuck up everything they touch.

 

[BluesLegend]

Not even the DEAD are safe from Biden's tax increases.

It's Only FAIR - THEY voted for him, too.

That's some funny shit right there

 

[ReinyDays]

Do you really think the lib/dems are going to come close to paying off the debt? They're going to spend gobs of money on their progressive GND goals and raise the debt in Biden's 1st year by considerably more than Trump did in his 1st 3 years. Fiscal conservatives at this point would be happy just to restrain gov't spending to a 3% increase, year over year. Alas, that ain't going to happen, we don't have anywhere near enough fiscal conservatives in DC these days, but at least the GOP isn't spending money like a drunken sailor the way the democrats are.

Do you have a better plan? ... Trump increased the national debt by $9 trillion in his final year ... way to go ... great example ... $9 trillion in a single year ... moron ...

 

[Votto]

Paying money to help people survive a pandemic and then taxing the money back again.

Yep, reminds me of this.



Well it's nice to see the blue state bail out, otherwise, they would have all gone under while only about 9% of the bill went to actual Covid relief.

Now the nation will go under I reckon.

 

[BluesLegend]

Not even the DEAD are safe from Biden's tax increases. Trillions of dollars in tax increases including estate taxes.

What can you post about the estate tax to convince anyone that you do know anything about it.

I know Dems have a history of taxing the shit out of the dead. Taxes were already paid on that wealth and Dems love to double dip taxing it a 2nd time when people die. Because Dems are assholes.

 

[TheParser]

View attachment 467956
'Hold onto your wallets'! Hope you enjoyed
your economic stimulus, because Joe Biden
is reportedly 'planning first major tax hike in
almost 30 years'



President Biden is reportedly planning the first major hike in federal taxes in almost 30 years to fund the economic program set to follow the recently approved $1.9 trillion pandemic stimulus package.

The planned increases reportedly include: raising the corporate tax from 21 percent to 28 percent; increasing the income tax rate on people making more than $400,000; expanding the estate tax; paring back tax preferences on pass-through businesses such as limited-liability companies; and setting up a higher capital gains tax rate for individuals making at least $1 million.


PUBLIC FEEDBACK WAS SWIFT TO THE NEWS OF BIDEN'S PLAN:

“After we allow you to open your business back up, we’re gonna raise not only your wages, but your corporate tax rate to pay for a bill that sent billions of your dollars to the teachers unions that they donate back to my campaign.”


"But at least we got stimulus checks!
- And just like that, Joe Biden undoes any benefit that might have come from a stimulus check. "

"Taxing those who have the financial resources to reinvest in struggling businesses and help spur economic growth post-pandemic makes no sense."


The Democrats put more than 50% of minority-owned small businesses out of business ... put millions of Americans out of work, back on unemployment, back on welfare, and back on food stamps...put tens of thousands of Americans out of work in his 1st 10 days by declaring 'war' on the fossil fuel industry....the militant arm of he Democratic party (Antifa) is still burning, pillaging, and destroying businesses and Democrat-run communities all over the US.....class warfare is a Democrat 'specialty', and the Democrats' disdain for the middle and lower class 'deplorables' and 'Neanderthals' has been on full display since the self-appointed rulers took office.

After bribing the American people with $1400 each in a $1.9 Trillion 'COVID-19 Relief' deficit bomb - 90% of which had nothing to do with COVID-19, Biden plans on sticking Americans with a huge Tax Increase....just what a country still in the midst of a pandemic, Democrats-mandated, travel-restricted, Clue-State oppressed / locked-down, forced unemployment, massive debt-increased, illegal immigrant invasion, humanitarian border crisis burdened economy needs!

I for one am thankful that the Democrats are so adamant about refusing to work with the GOP and insist in doing all of this by themselves ... while attempting to blame President Trump for every failure / problem resulting from what they have done and continue to do.

'Hold onto your wallets'! Hope you enjoyed your economic stimulus, because Joe Biden is reportedly 'planning first major tax hike in almost 30 years'

"We're all going to literally be paying for removing the guy who tweeted mean things."

twitchy.com

Gotta pay for those reparations, don't you know!

Next year, a lot of those 80,000,000 Dem voters will paying more in taxes.

No doubt they will be delighted to do so.

 

[Slade3200]

View attachment 467956
'Hold onto your wallets'! Hope you enjoyed
your economic stimulus, because Joe Biden
is reportedly 'planning first major tax hike in
almost 30 years'



President Biden is reportedly planning the first major hike in federal taxes in almost 30 years to fund the economic program set to follow the recently approved $1.9 trillion pandemic stimulus package.

The planned increases reportedly include: raising the corporate tax from 21 percent to 28 percent; increasing the income tax rate on people making more than $400,000; expanding the estate tax; paring back tax preferences on pass-through businesses such as limited-liability companies; and setting up a higher capital gains tax rate for individuals making at least $1 million.


PUBLIC FEEDBACK WAS SWIFT TO THE NEWS OF BIDEN'S PLAN:

“After we allow you to open your business back up, we’re gonna raise not only your wages, but your corporate tax rate to pay for a bill that sent billions of your dollars to the teachers unions that they donate back to my campaign.”


"But at least we got stimulus checks!
- And just like that, Joe Biden undoes any benefit that might have come from a stimulus check. "

"Taxing those who have the financial resources to reinvest in struggling businesses and help spur economic growth post-pandemic makes no sense."


The Democrats put more than 50% of minority-owned small businesses out of business ... put millions of Americans out of work, back on unemployment, back on welfare, and back on food stamps...put tens of thousands of Americans out of work in his 1st 10 days by declaring 'war' on the fossil fuel industry....the militant arm of he Democratic party (Antifa) is still burning, pillaging, and destroying businesses and Democrat-run communities all over the US.....class warfare is a Democrat 'specialty', and the Democrats' disdain for the middle and lower class 'deplorables' and 'Neanderthals' has been on full display since the self-appointed rulers took office.

After bribing the American people with $1400 each in a $1.9 Trillion 'COVID-19 Relief' deficit bomb - 90% of which had nothing to do with COVID-19, Biden plans on sticking Americans with a huge Tax Increase....just what a country still in the midst of a pandemic, Democrats-mandated, travel-restricted, Clue-State oppressed / locked-down, forced unemployment, massive debt-increased, illegal immigrant invasion, humanitarian border crisis burdened economy needs!

I for one am thankful that the Democrats are so adamant about refusing to work with the GOP and insist in doing all of this by themselves ... while attempting to blame President Trump for every failure / problem resulting from what they have done and continue to do.

'Hold onto your wallets'! Hope you enjoyed your economic stimulus, because Joe Biden is reportedly 'planning first major tax hike in almost 30 years'

"We're all going to literally be paying for removing the guy who tweeted mean things."

twitchy.com

So the corporate rate is going back to where it was a few years ago and those making over $400k will also pay more?? And is that supposed to concern the vast majority of people whom that doesn’t effect?!

 

[Mac1958]

The GOP is in no position to lecture anyone on fiscal responsibility.

If you want to be "fiscally responsible", make spending cuts FIRST, BEFORE cutting taxes.

All you do now is borrow and spend.

 

[Mr Natural]

The national debt is not going to pay itself off.

 

[easyt65]

View attachment 467956
'Hold onto your wallets'! Hope you enjoyed
your economic stimulus, because Joe Biden
is reportedly 'planning first major tax hike in
almost 30 years'



President Biden is reportedly planning the first major hike in federal taxes in almost 30 years to fund the economic program set to follow the recently approved $1.9 trillion pandemic stimulus package.

The planned increases reportedly include: raising the corporate tax from 21 percent to 28 percent; increasing the income tax rate on people making more than $400,000; expanding the estate tax; paring back tax preferences on pass-through businesses such as limited-liability companies; and setting up a higher capital gains tax rate for individuals making at least $1 million.


PUBLIC FEEDBACK WAS SWIFT TO THE NEWS OF BIDEN'S PLAN:

“After we allow you to open your business back up, we’re gonna raise not only your wages, but your corporate tax rate to pay for a bill that sent billions of your dollars to the teachers unions that they donate back to my campaign.”


"But at least we got stimulus checks!
- And just like that, Joe Biden undoes any benefit that might have come from a stimulus check. "

"Taxing those who have the financial resources to reinvest in struggling businesses and help spur economic growth post-pandemic makes no sense."


The Democrats put more than 50% of minority-owned small businesses out of business ... put millions of Americans out of work, back on unemployment, back on welfare, and back on food stamps...put tens of thousands of Americans out of work in his 1st 10 days by declaring 'war' on the fossil fuel industry....the militant arm of he Democratic party (Antifa) is still burning, pillaging, and destroying businesses and Democrat-run communities all over the US.....class warfare is a Democrat 'specialty', and the Democrats' disdain for the middle and lower class 'deplorables' and 'Neanderthals' has been on full display since the self-appointed rulers took office.

After bribing the American people with $1400 each in a $1.9 Trillion 'COVID-19 Relief' deficit bomb - 90% of which had nothing to do with COVID-19, Biden plans on sticking Americans with a huge Tax Increase....just what a country still in the midst of a pandemic, Democrats-mandated, travel-restricted, Clue-State oppressed / locked-down, forced unemployment, massive debt-increased, illegal immigrant invasion, humanitarian border crisis burdened economy needs!

I for one am thankful that the Democrats are so adamant about refusing to work with the GOP and insist in doing all of this by themselves ... while attempting to blame President Trump for every failure / problem resulting from what they have done and continue to do.

'Hold onto your wallets'! Hope you enjoyed your economic stimulus, because Joe Biden is reportedly 'planning first major tax hike in almost 30 years'

"We're all going to literally be paying for removing the guy who tweeted mean things."

twitchy.com

So the corporate rate is going back to where it was a few years ago and those making over $400k will also pay more?? And is that supposed to concern the vast majority of people whom that doesn’t effect?!

I see Democrats class warfare indoctrination has worked on you.

 

[easyt65]

The national debt is not going to pay itself off.

Yup...and Obamacare didn't cost a dime....is still going to pay for itself....

 

[struth]

Do conservatives have a better idea on how to pay off the $30 trillion national debt? ... that's $600 billion in interest every year ...

Employer expense to provide jobs is already tax-deductible ... these added taxes are only against the added profits ... maybe folks should go back and finish Middle School ... geez ... morons ...

I didn't pay one red cent in Federal Taxes last year ... zero, zilch, nadda ... how much did you pay and why do you think that's fair? ...

How about not spend 2 trillion on bailouts for Dem states, and Union Pensions? there is a start. How about reopening the country so people can go back to work and make money, creating a larger tax base? Just some ideas that don't involve driving Americans into poverty and killing jobs

 

[Slade3200]

View attachment 467956
'Hold onto your wallets'! Hope you enjoyed
your economic stimulus, because Joe Biden
is reportedly 'planning first major tax hike in
almost 30 years'



President Biden is reportedly planning the first major hike in federal taxes in almost 30 years to fund the economic program set to follow the recently approved $1.9 trillion pandemic stimulus package.

The planned increases reportedly include: raising the corporate tax from 21 percent to 28 percent; increasing the income tax rate on people making more than $400,000; expanding the estate tax; paring back tax preferences on pass-through businesses such as limited-liability companies; and setting up a higher capital gains tax rate for individuals making at least $1 million.


PUBLIC FEEDBACK WAS SWIFT TO THE NEWS OF BIDEN'S PLAN:

“After we allow you to open your business back up, we’re gonna raise not only your wages, but your corporate tax rate to pay for a bill that sent billions of your dollars to the teachers unions that they donate back to my campaign.”


"But at least we got stimulus checks!
- And just like that, Joe Biden undoes any benefit that might have come from a stimulus check. "

"Taxing those who have the financial resources to reinvest in struggling businesses and help spur economic growth post-pandemic makes no sense."


The Democrats put more than 50% of minority-owned small businesses out of business ... put millions of Americans out of work, back on unemployment, back on welfare, and back on food stamps...put tens of thousands of Americans out of work in his 1st 10 days by declaring 'war' on the fossil fuel industry....the militant arm of he Democratic party (Antifa) is still burning, pillaging, and destroying businesses and Democrat-run communities all over the US.....class warfare is a Democrat 'specialty', and the Democrats' disdain for the middle and lower class 'deplorables' and 'Neanderthals' has been on full display since the self-appointed rulers took office.

After bribing the American people with $1400 each in a $1.9 Trillion 'COVID-19 Relief' deficit bomb - 90% of which had nothing to do with COVID-19, Biden plans on sticking Americans with a huge Tax Increase....just what a country still in the midst of a pandemic, Democrats-mandated, travel-restricted, Clue-State oppressed / locked-down, forced unemployment, massive debt-increased, illegal immigrant invasion, humanitarian border crisis burdened economy needs!

I for one am thankful that the Democrats are so adamant about refusing to work with the GOP and insist in doing all of this by themselves ... while attempting to blame President Trump for every failure / problem resulting from what they have done and continue to do.

'Hold onto your wallets'! Hope you enjoyed your economic stimulus, because Joe Biden is reportedly 'planning first major tax hike in almost 30 years'

"We're all going to literally be paying for removing the guy who tweeted mean things."

twitchy.com

So the corporate rate is going back to where it was a few years ago and those making over $400k will also pay more?? And is that supposed to concern the vast majority of people whom that doesn’t effect?!

I see Democrats class warfare indoctrination has worked on you.

I see you didn’t answer my question

 

[Admiral Rockwell Tory]

Do you really think the lib/dems are going to come close to paying off the debt? They're going to spend gobs of money on their progressive GND goals and raise the debt in Biden's 1st year by considerably more than Trump did in his 1st 3 years. Fiscal conservatives at this point would be happy just to restrain gov't spending to a 3% increase, year over year. Alas, that ain't going to happen, we don't have anywhere near enough fiscal conservatives in DC these days, but at least the GOP isn't spending money like a drunken sailor the way the democrats are.

Do you have a better plan? ... Trump increased the national debt by $9 trillion in his final year ... way to go ... great example ... $9 trillion in a single year ... moron ...

You need to lay off the drugs.

 

[ColonelAngus]

It will backfire and the treasury will
Collect less. Dems are economic fucking regards. Like booger eating level of retarded.

I mean like this retarded:

Really really really fucking retarded

 

[Admiral Rockwell Tory]

The GOP is in no position to lecture anyone on fiscal responsibility.

If you want to be "fiscally responsible", make spending cuts FIRST, BEFORE cutting taxes.

All you do now is borrow and spend.

How? The Dems are in control!

 

[Mac1958]

The GOP is in no position to lecture anyone on fiscal responsibility.

If you want to be "fiscally responsible", make spending cuts FIRST, BEFORE cutting taxes.

All you do now is borrow and spend.

How? The Dems are in control!

So you're pretending that I'm just talking about the last three months.

Boy, that's pathetic.

I can understand why you'd want to play that game.

 

[task0778]

Do you really think the lib/dems are going to come close to paying off the debt? They're going to spend gobs of money on their progressive GND goals and raise the debt in Biden's 1st year by considerably more than Trump did in his 1st 3 years. Fiscal conservatives at this point would be happy just to restrain gov't spending to a 3% increase, year over year. Alas, that ain't going to happen, we don't have anywhere near enough fiscal conservatives in DC these days, but at least the GOP isn't spending money like a drunken sailor the way the democrats are.

Do you have a better plan? ... Trump increased the national debt by $9 trillion in his final year ... way to go ... great example ... $9 trillion in a single year ... moron ...

You lied. Trump's final year was 2020, where the debt was only increased by $3.1 trillion. Biden has already surpassed that, and it's only March .... lying bitch ...