Only an i***t would believe Biden’s tax plan only hits those making $400,000 or more: Here’s how stupid our legislators have gotten. We are approaching 30 trillion in debt. Even if...

JFlorio Loc: Seminole Florida

Here’s how stupid our legislators have gotten. We are approaching 30 trillion in debt. Even if Biden was telling the t***h they are admitting this tax hike would go to pay for new spending. Does that even make sense? How about, no new spending and pay down your debt? We never do that anymore. Which is insanity, but I digress. First off government economists admit, when you raise corporate income taxes by 2 trillion dollars at least a quarter of that goes directly to reducing the pay and or benefits of the worker. Non- government economists say the number is between 50 and 75%. In 2019 when the corporate income tax was cut the median wage for the average worker went up 6.8%. Much of the rate increase that doesn’t hit the workers is passed on to the consumer in higher prices. So, you i***t Democrats tell me; how will this tax increase help the average Americans?

Milosia2 Loc: Cleveland Ohio

JFlorio wrote:

Here’s how stupid our legislators have gotten. We ... (show quote)

Why are you the only one complaining about it ?

woodguru

JFlorio wrote:

Here’s how stupid our legislators have gotten. We ... (show quote)

Only an i***t believes i***tic rhetoric. Past republican tax cuts have too often given wealthy people and corporations tax cuts and working people have paid more.

What you refer to as tax cuts are more like tax reinstatements from the way they have been cut every time a republican is in office. They were called Bush tax cuts...trump tax cuts. Clinton raised taxes and had the best economy of all, which Biden could also do by raising taxes for the wealthy.

JFlorio Loc: Seminole Florida

Milosia2 wrote:

Why are you the only one complaining about it ?

I guess because I understand it.

JFlorio Loc: Seminole Florida

Tell me how tax cuts to the wealthy cause working people to pay more? When did that happen? You’re too simple to understand the FACTS I’ve given you. I know you’re a self admitted troll, but at least try to be right about something once in awhile. How do higher prices and stagnant wages benefit the working man? You are giving Clinton to much credit. Remember the Dot Com Boom?

https://www.heritage.org/taxes/report/tax-cuts-not-the-clinton-tax-hike-produced-the-1990s-boom

woodguru wrote:

Only an i***t believes i***tic rhetoric. Past republican tax cuts have too often given wealthy people and corporations tax cuts and working people have paid more.
What you refer to as tax cuts are more like tax reinstatements from the way they have been cut every time a republican is in office. They were called Bush tax cuts...trump tax cuts. Clinton raised taxes and had the best economy of all, which Biden could also do by raising taxes for the wealthy.

woodguru

JFlorio wrote:

Here’s how stupid our legislators have gotten. We ... (show quote)

My wife's (our) taxes went up by about $10k a year with the trump "tax cuts"...mainly because there were a whole raft of things she used to be able to write off that small businesses no longer can. Her tax accountant had to study the changes because there were so many things excluded. Meanwhile people making millions had their rates go down.

woodguru

JFlorio wrote:

Tell me how tax cuts to the wealthy cause working people to pay more? When did that happen? You’re too simple to understand the FACTS I’ve given you. I know you’re a self admitted troll, but at least try to be right about something once in awhile. How do higher prices and stagnant wages benefit the working man? You are giving Clinton to much credit. Remember the Dot Com Boom?

https://www.heritage.org/taxes/report/tax-cuts-not-the-clinton-tax-hike-produced-the-1990s-boom

Watch who you are calling ignorant when you are talking about things you know nothing about.

You will never understand the t***h to the fact that the last two decades has seen almost no growth for working class wages, while CEOs and upper management have seen increases of hundreds of percent to thousands of percent increases in their pay packages.

woodguru

JFlorio wrote:

Here’s how stupid our legislators have gotten.

Republicans have kept us looking for the tax cuts that are not for the working class to where you simply can't believe that a party can or will go after only the wealthy, making sure that the working class are specifically kept from seeing increases.

If you chose to read the language of the actual plans that are being outlined you would see that people up to a point where they are above poverty levels will pay no taxes, hidden or otherwise. Right now people making under a certain point don't file, which prevents them from getting the tax credits they have coming for kids.

BigMike Loc: yerington nv

Milosia2 wrote:

Why are you the only one complaining about it ?

He's not.

BigMike Loc: yerington nv

woodguru wrote:

Only an i***t believes i***tic rhetoric. Past republican tax cuts have too often given wealthy people and corporations tax cuts and working people have paid more.

What you refer to as tax cuts are more like tax reinstatements from the way they have been cut every time a republican is in office. They were called Bush tax cuts...trump tax cuts. Clinton raised taxes and had the best economy of all, which Biden could also do by raising taxes for the wealthy.

Democrat tax hikes always exclude their pals and WE get our prices raised. Inflation's already at over 5% and half the country is broke. People aren't going to tolerate much more bulls**t.

Tiptop789 Loc: State of Denial

JFlorio wrote:

Here’s how stupid our legislators have gotten. We ... (show quote)

Well, can i***t Republicans come up with a good plan?

JFlorio Loc: Seminole Florida

woodguru wrote:

My wife's (our) taxes went up by about $10k a year with the trump "tax cuts"...mainly because there were a whole raft of things she used to be able to write off that small businesses no longer can. Her tax accountant had to study the changes because there were so many things excluded. Meanwhile people making millions had their rates go down.

BS. I have a small business and my taxes went down or stayed the same.

JFlorio Loc: Seminole Florida

Tiptop789 wrote:

Well, can i***t Republicans come up with a good plan?

Probably not.

JFlorio Loc: Seminole Florida

I’m calling you ignorant soy boy. Love to tell you to your chicken face. You’re just wrong, as usual. Actual median wage growth went up under Trump.

woodguru wrote:

Watch who you are calling ignorant when you are talking about things you know nothing about.

You will never understand the t***h to the fact that the last two decades has seen almost no growth for working class wages, while CEOs and upper management have seen increases of hundreds of percent to thousands of percent increases in their pay packages.

JFlorio Loc: Seminole Florida

Try to get something right.

https://www.taxpolicycenter.org/briefing-book/how-does-federal-tax-system-affect-low-income-households

woodguru wrote:

Republicans have kept us looking for the tax cuts ... (show quote)