And out right lies from the right wing soicial media types. They are claiming Biden's income tax proposal would mean families earning $75K a year will see half their bi-weekly paychecks cut in half due to new tax hikes..Lies...
Fact check: Biden tax plan would raise rates for those who make more than $400K, corporations
Leftists in general LIKE to raise taxes, Leftists do have a long history of doing this. The Modern Leftists who are now Neo-Communists also have that infamous Communist policy about wanting to Redistribute The Wealth, they have even said that the COVID-19 situation should be USED to bring in RADICAL ECONOMIC CHANGES so that wealth distribution is more equal.
Leftists like Ronald Reagan? The 1980's. FICA. Remember yet?
Wealth Redistribution? As a wealthy American I don't see it. I personally make $7M+ per year, and due to Republican placed loopholes pay zero income tax. My corporations all pay 1.5% of revenue down from 3%.
7M a year, to me that is called Pocket Money. 7M a year is not wealthy, that is called being rich, there is difference between Wealthy and Rich, I am Independently Wealthy, I won't say how much and I won't say how much my family is worth because that would be very vulgar and also it would probably freak peoples out.
But the Leftists WANT MY Wealth and they WANT my family WEALTH and we ALL know it and they should KNOW they will NEVER get it. Period. We have had Wealth for Centuries and each Generation has added more to it and the filthy Leftists can GTFO. It is OURS and we will NOT be giving it up. Period.