So here is the Ukraine and Zelensky Biden wants us to die for: (Page 9): ================ You are stupid. Biden is financing Zelensky's war. He brings to Zelensky hundreds of billions...

Radiance3

Farnorth wrote:

Biden is not creating anything. Putin is creating the war, and you are helping him justify his f*****t ideology to the public here. Biden is not acting without American approval, and Congress is apparently very much in support of Ukraine, unless you can’t watch tv proving it.

================
You are stupid. Biden is financing Zelensky's war. He brings to Zelensky hundreds of billions of my tax money and of those who pay taxes. He also supplies Zelensky with all weapons needed to fight the war. Without Biden, the war had ended already. The president has no authority to go to war unless Congress allows him to engage in war. Pelosi allowed him to do anything without limits to accomplish their agenda.

Had the LEFT not stole the 2020 e******n from Trump, war in Ukraine did not happen at all. Trump is a leader, and he knows how to pacify and motivate other world leaders to live in peace with all nations.

Farnorth

Radiance3 wrote:

================ br i You are stupid. Biden is f... (show quote)

You should read about the d******n trial. The sworn depositions of your hero’s in the media.
If trump were in power Putler would have made him an honorary Russian by now.
Russian tv admitted they are after the coal and oil and the nuclear power at Zaphorozia, same as Hitler on WW2 .
I realize that f*****m looks pretty good to you but what if it’s Japanese and not white Christian’s in charge?
What if the Russians Nuke the us because we have an Unbeatable conventional army. They already say it on their tv, and you think trump is going to get them in a room to settle this. Maybe he is Jesus after all.

Radiance3

Farnorth wrote:

You should read about the d******n trial. The swor... (show quote)

===================
Your brain is most stupid. Don't wag your stupid tongue to me. You talk nonsense. Get out of my way dummy! You are NOT worth my time!

Marty 2020 Loc: Banana Republic of Kalifornia

Farnorth wrote:

You should read about the d******n trial. The swor... (show quote)

WEBCO

dwp66 wrote:

And I think yours is. Ever heard of MAD? Putin is a bully, and he's delusional, but not stupid.

I doubt that he believes he can drop a nuke on Ukraine without an overwhelming, world-wide, ultra-negative response, including within his own country. Think he's a pariah now? Well, wait until he goes after a neighbor, in 2023, with nuclear bombs. He would write his own death warrant, one way or another.

How do you think the world will view us when it's shown that we blew up the nordstream pipeline?

Point being, if Putin feels that Russia is threatened and going to lose he will most definitely use nukes.

Simple fact is...this whole mess started when we replaced a duly elected leader with our puppet.

nwtk2007 Loc: Texas

Radiance3 wrote:

================ br i You are stupid. Biden is f... (show quote)

And that is exactly right!! And now, Biden doesn't' want to back down because it will make him look even more stupid than when he screwed up the
Afghan withdrawal.

nwtk2007 Loc: Texas

WEBCO wrote:

How do you think the world will view us when it's shown that we blew up the nordstream pipeline?

Point being, if Putin feels that Russia is threatened and going to lose he will most definitely use nukes.

Simple fact is...this whole mess started when we replaced a duly elected leader with our puppet.

Exactly right!! But these Biden supporting maroons and Russia h**ers would rather have WWIII than admit to being wrong.

Radiance3

nwtk2007 wrote:

And that is exactly right!! And now, Biden doesn't' want to back down because it will make him look even more stupid than when he screwed up the
Afghan withdrawal.

================
That devastating Afghan withdrawal. We lost 13 Veterans, and he donated $85 billions of US military assets to the Afghans. Afghans sold some to Iran, to China, and NK.

WEBCO

Radiance3 wrote:

================
That devastating Afghan withdrawal. We lost 13 Veterans, and he donated $85 billions of US military assets to the Afghans. Afghans sold some to Iran, to China, and NK.

We spent 85 billion, Biden left $7.5 billion in equipment.

Radiance3

WEBCO wrote:

We spent 85 billion, Biden left $7.5 billion in equipment.

=============
The twenty-year war in Afghanistan hunting UBL cost US $8 trillion and 900,000 deaths. The tragic and disastrous effects of 9/11.
https://www.brown.edu/news/2021-09-01/costsofwar

Then Biden ended with a additional tragic death of 13 members of our military, as he gifted to the Taliban $85 billion worth of military assets. Taliban sold some of the to Iran, NK, and China.

Then Biden t***sported to the US at least 76,000 Afghans, while he left many American citizens at the Afghans to be ens***ed.
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So much with Afghanistan. Let's proceed to the US financial and economic activities. Most urgent events going on.

Economic events happening in the United States under Joe Biden.
Some of you may not care about this, but I do, and perhaps others will. Rich and poor are affected by these proposals of Joe Biden. I will explain later. There is a national security risk, and economic downturn risks on Biden's high tax proposals.

The historic destructive performance of Joe Biden. He is now bankrupting this country. Biden has plans to raise tax to generate revenue at least $4.7 trillion .

Here are Biden's plans.
Biden has spending plan of $6.8 trillion for 2023.https://www.reuters.com/world/us/biden-challenges-republicans-with-budget-that-raises-taxes-sets-up-2024-run-2023-03-09/

How will Biden raise the $4.7 trillion revenue?
1.Increase top marginal tax rate from 37% to 39.6 percent.

2.Raising corporate income tax by 7%. The budget includes raising the corporate income tax rate by 7 points, to 28 percent.

3. Raise long term capital gains tax from 20% to 39.6 %.
What is a long-term capital gain? Those gains earned more than a year.

4.Expand Net Investment Income Tax (NIIT) at 5 percent rate. With that increase 39.6% plus 5% equals 44.6% total tax. What is NIIT? Net Investment Income Tax. What is Net Investment Income?
In general, net investment income includes, but is not limited to: interest, dividends, capital gains, rental and royalty income, and non-qualified annuities. That will affect me. Most of my income comes from NIIT. I am retired. There is a negative effect by doing this. All negative effects to investors.

Explanation: For income over $400,000, the budget proposes expanding the NIIT to include more types of income and raises the rate to 5 percent. Combined with taxing capital gains at top income tax rates, the 5 percent NIIT raises the top federal marginal capital gains tax rate to 44.6 percent.

5. Tax for unrealized Capital gains when the taxpayer dies.
Under current law, capital gains are taxed when the gain is realized—when the investment is sold and there is an actual profit to tax. That's the GAAP application for proper financial reporting.

If unrealized capital gains are inherited at death, no tax is due, and the value of the original investment from which taxable gains are measured (the “basis”) is increased or “stepped up” to the current value. That the basis of the tax.

Any future gains are taxable to the new owner when realized. Step‐up in basis protects inheritances, which are often active investments in businesses, from having to be liquidated to pay the tax. The budget proposes eliminating step‐up in basis, making death a taxable event.

If the proposal follows the 2023 budget, the change applies to unrealized capital gains over $5 million for single filers ($10 million married).

6. Creates “billionaire” minimum tax. The budget proposes a new minimum tax of 25 percent on income and unrealized capital gains for “the wealthiest 0.01 percent.” In the 2023 budget, that meant the minimum tax applied to taxpayers with more than $100 million in total wealth.
Please note: Note: This is a violation of ACCOUNTING GAAP APPLICATION.

7. Tax carried interest as ordinary income. Many investment managers are compensated with both a traditional wage and incentive‐based pay based on the profits from their investments. The portion of the investment earnings shared with the manager is known as “carried interest”. Investment managers are usually paid salary in addition, to net profit of the stocks invested. The additional profit incentives paid will be taxed like the ordinary income.

8. Death Tax and Inheritance tax.
For 2023, the gift and estate tax exemption is $12.92 million for single, and ($25.84 million per married couple.
e?
On the federal level, the portion of the estate that surpasses that $12.06 million and $12.92 million cutoffs will be taxed at a rate of 40%, as of 2022 and 2023, respectively.

Depending on where you live, the tax rate varies on the state level but 18% is the maximum rate for an inheritance that can be charged by any state.

Here are the negative effects of Biden's massive tax increase.
Production and innovations are the sources of wealth. Not consumption. Without production our country will be bankrupt. Production is the source of our livelihood and our wealth. That is why Capitalism is the most important asset of economic growth.

China realized this and China deals business thru Capitalism though they are c*******t country. Japan and South Korea as well and those countries that have been allies of the West.

Biden is rapidly bankrupting this already bankrupt country, and he is proposing more to tax and spend.

Who are the producers, but those single individuals, partnership, or corporations engaged on business ventures. These are the producers of wealth.

Once Biden raises taxes on them, they incur higher operating expenses. To offset the cost, and to continue business operations, they reduce employment, or reduce the workforce.

Once employment is reduced, production is reduced as well. Inflation happens. Those people who were laid off were once taxpayers, paying income taxes, the SS, and Medicare premium and many others. This contributes to the bankruptcy of the SS and the Medicare as well. Not only reduction of IRS revenue. These once employed becomes dependent to the government to support their families.

Negative Effects: Recession happens. What causes a recession?
1.Number one cause is rise in unemployment.

2.Number two is a decline in confidence, a sense among businesses and consumers that times won’t be as good as they have been. Leading indicators such as reduced hours worked, fewer new orders of capital and consumer goods, and a lower level of building permits can all be tools of a recession.

3. Inflation for lack of production.

4. Reduction of revenue to the IRS, to SS, and Medicare funds. The culprits of all these negatives are higher taxation that reduce production.
5. Result to a bankrupt economy of the country.

Once the United States decline on its economy, our national security is weak as well. China wins destroying the United States.

Joe Biden acts like greedy to the demise of the United States economy. Then socialism takes over until C*******m is fully installed. Joe Biden is doing this for equity?

I think US is on its way to recession. Banks lost at least $50 billion yesterday, March 9th. And today, a continued stock plunge. More banks are at the verge of bankruptcies. The smaller banks specially.
In 2008-2009, recession hits smaller banks hard. Many banks resulted to bankruptcies. I hope in 2023, history does not repeat itself.

This is the day that I focus discussing this issue, because of the continued slowdown of our economy plus Biden's unconcerned tax and spend activities.

The continued plunge of stocks means lack of confidence of people and businesses; therefore, recession may be on its way.

I will find out from Congress if Biden could do all these taxes and spend! This is frustrating!