MAGA caller says he likes Trump policies, but can't name 1 policy live on the air

[MarcATL]

That went like every thread on here.

Now you understand the OP

 

[AsherN]

Uh no.

It was fueled by COVID and COVID related policies.

Massive expansion of money supply. Massive distribution of cash to people and businesses. Pent up demand. Stopping or slowing of production.

We would have had dramatic inflation no matter who won the 2020 election.

And it was global.

 

[LeftofLeft]

We found out years ago that trickle down economics don't work, that is unless you are rich.

We are finding out right now that what Harris Biden is doing is not great at the pump or the grocery store isn’t working unless you are wealthy.

 

[Superbadbrutha]

We are finding out right now that what Harris Biden is doing is not great at the pump or the grocery store isn’t working unless you are wealthy.

What are they doing? Give me the policies that Biden has signed that has caused this, because I don't know of any VPs that sign policies into law.

 

[j-mac]

It was less Carter specifically and more Voelker whom Carter had appointed. Inflation was tamed by very high interest rates. It wasn’t great. It sucked. But it had to be done.

Conservatives thinking that tax cuts are the solution to every problem is pretty shallow.

Almost as lame as thinking Billionaires are an endless well…

 

[j-mac]

What are they doing? Give me the policies that Biden has signed that has caused this, because I don't know of any VPs that sign policies into law.

The VP is a deciding vote in the Senate dope.

 

[Marener]

Almost as lame as thinking Billionaires are an endless well…

Funny. You think billionaires pay taxes.

 

[SaxonJackson]

Now you understand the OP

As if Harris voters can actually name any of her accomplishments. Yawn!!

 

[LeftofLeft]

What are they doing? Give me the policies that Biden has signed that has caused this, because I don't know of any VPs that sign policies into law.

They are not doing anything to address inflation. Harris has said she plans to institute price controls and unrealized capital gains tax as President which is going to make inflation worse.

 

[j-mac]

Funny. You think billionaires pay taxes.

Then, if that’s the case, your dems keep lying to you then….

 

[Marener]

Then, if that’s the case, your dems keep lying to you then….

Is that what you’re told to believe?

The wealthiest Americans avoided billions in taxes by voluntarily doing something most only do out of necessity: borrowing money.

Income taxes: 37%. Capital gains: 20%. ProPublica found billionaires avoid those by borrowing from banks at interest rates of less than 10%.

www.businessinsider.com

 

[Marener]

They are not doing anything to address inflation. Harris has said she plans to institute price controls and unrealized capital gains tax as President which is going to make inflation worse.

Taxing unrealized gains isn’t going to cause inflation.

Deporting millions of illegals and having super tight immigration laws would. Not to mention tariffs.

 

[Tommy Tainant]

Reagan-Bush 2- Trump all cut taxes, delivered net revenue to the Treasury more than Carter-Clinton-Obama-Biden and lower gas prices.

Tax Cuts work. Refusal to cut Government spending does not.

Im not an expert like you.
But inflation is too much money chasing too few goods.

Tax cuts fuel inflation rather than bring it down..
There are other factors but that is generally it.

 

[Superbadbrutha]

The VP is a deciding vote in the Senate dope.

No shit Sherlock, I asked about the VP writing policies.

 

[j-mac]

Is that what you’re told to believe?

The wealthiest Americans avoided billions in taxes by voluntarily doing something most only do out of necessity: borrowing money.

Income taxes: 37%. Capital gains: 20%. ProPublica found billionaires avoid those by borrowing from banks at interest rates of less than 10%.

www.businessinsider.com

It’s what y’all preach… Hell, Bernie Sanders has made a career of saying that, fair share and all…Gaslighting won’t help you…

 

[j-mac]

No shit Sherlock, I asked about the VP writing policies.

You really believe she had no say? Did nothing? You’re full of shit…

 

[Marener]

It’s what y’all preach… Hell, Bernie Sanders has made a career of saying that, fair share and all…Gaslighting won’t help you…

We have the data. You’re ignorant. Willingly so.

 

[LeftofLeft]

Taxing unrealized gains isn’t going to cause inflation.

Deporting millions of illegals and having super tight immigration laws would. Not to mention tariffs.

What will taxing unrealized capital gains accomplish? The basis are already-taxed funds that investors choose to assume risk and be taxed on the eventual sale of the investment. And now, Harris is going to tax the unrealized gain as well. What will investors do and what impact will that have on Capital Markets?

 

[LeftofLeft]

Im not an expert like you.
But inflation is too much money chasing too few goods.

Tax cuts fuel inflation rather than bring it down..
There are other factors but that is generally it.

I’m no expert. But I just showed how prior to Biden-Harris, we had the largest inflation under Jimmy Carter. Reagan came in and got US tax cuts and inflation fell almost 12 percent throughout his term while income grew almost 17 percent.

 

[Marener]

What will taxing unrealized capital gains accomplish? The basis are already-taxed funds that investors choose to assume risk and be taxed on the eventual sale of the investment. And now, Harris is going to tax the unrealized gain as well. What will investors do and what impact will that have on Capital Markets?

So all it does is change when the gains are taxed.

The current system heavily incentivizes never selling the investment. It incentivizes complex financial arrangements solely for the purpose of avoiding taxes.