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Thread: Joe Biden Tax Plan

  1. #1

    Joe Biden Tax Plan

    https://www.yahoo.com/finance/news/p...163719916.html

    “Giving the government more money to spend the government way — is pretty dumb. I don't think the government has been spending money the right way in the last few years, and I believe low taxes has attracted companies to come back to the United States,” Catsimatidis told Yahoo Finance Live. “[If they raise taxes] all they’re going to do is find a way to leave again.”

    President Trump’s 2017 tax cuts reduced the corporate rate to its current 21% from 35%, one of the highest in the world. Biden wants to raise the rate to 28%, which is still lower than it’s been anytime between World War II and Trump’s tax cuts. Biden also supports a so-called “Amazon Rule,” which involves a 15% minimum tax rate on net annual income for corporations making over $100 million a year. It’s a way to prevent companies including Netflix, Starbucks and the rules’ namesake from dodging their tax bill because of loopholes and special tax breaks.

    On individuals, Biden proposes raising the income tax rate on people who earn over $400,000 a year from 37% to just under 40%, as well as raising the capital gains tax rate for the nation’s highest earners.

    When life itself seems lunatic, who knows where madness lies? - Miguel de Cervantes, (Don Quixote)

    Quote Originally Posted by Voluntarist View Post
    The tree of liberty must be refreshed from time to time with the Federal Reserve Notes of patriotic central banks
    Quote Originally Posted by jon4liberty View Post
    You "guys" have the market cornered on transexual satan worshipping anarchists

    "Our Enemy, The State" by Albert Nock. https://famguardian.org/Publications...bertJKnock.pdf



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  3. #2
    Good...the billionaire Bolsheviks and chichi whites in places like San Fran and Cape Cod and Aspen voted for him.

    Hope he destroys them.
    We must picture Hell as a state where everyone is perpetually concerned about his own dignity and advancement, where everyone has a grievance, and where everyone lives the deadly serious passions of envy, self-importance, and resentment. - C. S. Lewis

  4. #3
    The rich people already pay a lot in taxes. Instead of taxing the rich more, maybe the government should focus on saving money instead of spending it like a drunken sailor.
    "Perhaps one of the most important accomplishments of my administration is minding my own business."

    Calvin Coolidge

  5. #4
    They will simply leave those areas and move to where you are.

    Are you paying attention Texas, Florida, Arizona?

    Resistance is futile, you will be assimilated.

    Succession is your only option.
    Last edited by Pauls' Revere; 11-21-2020 at 07:08 PM.
    When life itself seems lunatic, who knows where madness lies? - Miguel de Cervantes, (Don Quixote)

    Quote Originally Posted by Voluntarist View Post
    The tree of liberty must be refreshed from time to time with the Federal Reserve Notes of patriotic central banks
    Quote Originally Posted by jon4liberty View Post
    You "guys" have the market cornered on transexual satan worshipping anarchists

    "Our Enemy, The State" by Albert Nock. https://famguardian.org/Publications...bertJKnock.pdf



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