As soon as you here Joe Biden say "I want Tax Fairness" you know it means everyone except the poor, will pay more in taxes.

[Procrustes Stretched]

Yes. It is only a part of the story. Americans are already paying much more in taxes under the Biden politburo. Those taxes appear in the form of Biden’s government spending which goes on forever. Deficits, higher inflation and a higher cost of living is the result of those taxes.

There's more than $559 Billion in student loans to 'cancel,' the latest, new, green boondoggle to lose money on, millions of illegal aliens who will demand 'free' lifetime taxpayer benefits, billions for Ukraine, and taxpayers now paying more on interest cost from Biden’s spending than they do on defense. And…. there are always more bureaucrats to hire, thousands and thousands of bureaucrats...

Gawd, you post like some old fool stuck in some 1960's cold war...

Oh wait!

never mind

 

[Dragonlady]

MSN Joe Biden said when he first got in that no one under $400,000 would pay more in taxes, yet all working class Americans ended up paying more in taxes. Made energy prices double so it was harder to fill up your gas tanks, all in the name of giving Green Energy CEO's billions of our tax dollars, making those guy very rich. Then food prices started to rise, another tax on the middleclass, as their spending power got a lot less and so did the meals eaten by the family. Nothing the left says, is true, they lie all the time, and when you hear that Joe Biden wants to raise taxes, better hold onto your wallet, because it is the theft of America middleclass that is happening during this regime.

Churchill stated “It is a good thing for an uneducated man to read books of quotations”. You have been educated. The educated usually produce supporting evidence.

You do understand that Sir Winston Churchill was the Chancellor of the Exchequer (Finance Minister) in Great Britain from 1924 - 1929, and his economic policies, and anti-working class beliefs, lead to the Great Depression in Great Britain?????

Of course you continue to vote for Donald Trump who has bankrupted 7 major corporations in his lifetime, and crashed the US economy in his first term. Well, he did say he would run the country like he runs his business - which is to say badly, and playing fast and loose with the law.



That's a record no man in history has every achieved.

 

[Edgetho]

Do any of you remember this ?

Changes to the State and Local Tax (SALT) Deduction - Explained | SmartAsset

The new tax law caps the state and local tax deduction at $10,000. Let's break down how it impacts taxpayers who itemize taxes and live in high-tax states.

smartasset.com

The state and local tax (SALT) deduction allows taxpayers of high-tax states to deduct local tax payments on their federal tax returns. The tax plan signed by President Trump in 2017, called the Tax Cuts and Jobs Act, instituted a cap on the SALT deduction. Starting with the 2018 tax year, the maximum SALT deduction available was $10,000. Previously, there was no limit.

That bill was to get the wealthy, and I mean the sooper-wealthy to pay their fair share.

I've never gotten close to paying $10k in State and Local Taxes. Has anybody in here??

But that's the max that could be deducted from your FEDERAL Taxes after the Trump Bill. It was his idea.

All these leftist SCUM screaming about the wealthy paying their FAIR Share and you know what happened when it was passed?

I remember, do you? Do any of you??

leftist SCUM raised Holy Hell about it.

Know why? Because the REAL wealthy in this Country are dimocrap SCUM. That's right. The media types that constantly talk like your Freshman History Professor? About how unfair Capitalism is and the rich should, essentially, all die?

All the rest, too. Know what a College Prof at Columbia makes? Try Hawvawd, or any of the other shithole terrorist-educating 'Colleges'. Go ahead, look it up. Look at what they make.

Now, dimocrap FILTH are trying to repeal the Law that actually tried to make the wealthy pay their fair share

A Trump-era tax law could get an overhaul. Millions could get a bigger tax refund this year as a result.

Trump's tax law capped the so-called SALT deduction at $10,000, a measure that some lawmakers have called unfair to many homeowners.

www.cbsnews.com

There is one, and only one constant in this Universe, people. dimocraps arre the scum of the Earth

 

[Hollie]

Gawd, you post like some old fool stuck in some 1960's cold war...

Oh wait!

never mind

Gawd. You post like some befuddled, clueless leftist unable to address the salient points.


Oh, wait.

 

[leftwinger]

He keeps saying they are going to raise taxes on the rich to pay for it, but they never will. Democrats like campaign donations too.

He will sunset the tax cuts, taxes will go up on everyone and dems will try to find a way to blame it on republicans.

DEM uniparty congress is responsible for the upper bracket 1.5% reduction. Coastal elites complained loudly about the $10K SALT cap.

 

[beautress]

Gawd. You post like some befuddled, clueless leftist unable to address the salient points.


Oh, wait.

If you tax the "sooper rich" they just shrink their employee count to break even.

When you leave them alone, they use their profits to employ more people and increase employee benefits. Duh-uh..

 

[Dragonlady]

Yes. It is only a part of the story. Americans are already paying much more in taxes under the Biden politburo. Those taxes appear in the form of Biden’s government spending which goes on forever. Deficits, higher inflation and a higher cost of living is the result of those taxes.

There's more than $559 Billion in student loans to 'cancel,' the latest, new, green boondoggle to lose money on, millions of illegal aliens who will demand 'free' lifetime taxpayer benefits, billions for Ukraine, and taxpayers now paying more on interest cost from Biden’s spending than they do on defense. And…. there are always more bureaucrats to hire, thousands and thousands of bureaucrats...

As has already been proven to you, deficits were HIGHER under Donald Trump, and you didn't have ANY benefits for lower income Americans in that spending.

Biden's spending created jobs in the construction industry building infrastructure, including roads, bridges, and water treatment plants. All of things that impact the quality of life, health and safety of ALL Americans, and create good middle class jobs.

Cancellling student debt frees these college graduates to move out of their parents' basements and start building their own homes and families. These kids are paying 10 times what boomers paid in tuition, and their starting jobs pay half what ours did, in terms of buying power.

And then you mindless parrot rant about immigrants, "free shit", and every other right wing talking point being reinforced with propanda from China, Russia, and Iran, who want to see an end to democracy in America.

Democracy and the will of the people, made the USA the richest, most successful nation on earth, so of course, the greedy and the corrupt decided that working and middle class people didn't deserve that money, THEY did. And now little Hollie, they've brainwashed YOU into believing that's true as well.

 

[Hollie]

If you tax the "sooper rich" they just shrink their employee count to break even.

When you leave them alone, they use their profits to employ more people and increase employee benefits. Duh-uh..

It’s a syndrome that afflicts far left Hellholes like California. More oppressive government, more taxes, more regulation and more deficit spending on illegals means the middle class gets crushed. Businesses and high earners are threatened with punitive measures such as higher individual taxes capital gains taxes, all for the purpose of wealth redistribution.

It’s the Leninist / Marxist model.

 

[Blaster]

Poor folks don't pay taxes.

 

[Edgetho]

Gawd. You post like some befuddled, clueless leftist unable to address the salient points.


Oh, wait.

They play word games like juvenile children and think they're clever for doing it.

 

[Edgetho]

Poor folks don't pay taxes.

Last I looked, over 50% of Adult Americans don't pay taxes

https://www.cnbc.com/2022/03/25/57percent-of-us-households-paid-no-federal-income-tax-in-2021-study.html#:~:text=The%20nonpartisan%20Tax%20Policy%20Center,the%2044%25%20before%20the%20pandemic.

 

[JWBooth]

As soon as you here Joe Biden say "I want Tax Fairness" you know it means everyone except the poor, will pay more in taxes​

Fixed it

 

[Crepitus]

As soon as you here Joe Biden say "I want Tax Fairness" you know it means everyone except the poor, will pay more in taxes.​

Because the poor people pay more in taxes as a percentage of their income than anyone else.

This is a country where some 800 wealthy individuals control more wealth than the bottom 50% of the population. That's 800 vs about 175 million people.

 

[Hollie]

As has already been proven to you, deficits were HIGHER under Donald Trump, and you didn't have ANY benefits for lower income Americans in that spending.

Biden's spending created jobs in the construction industry building infrastructure, including roads, bridges, and water treatment plants. All of things that impact the quality of life, health and safety of ALL Americans, and create good middle class jobs.

Cancellling student debt frees these college graduates to move out of their parents' basements and start building their own homes and families. These kids are paying 10 times what boomers paid in tuition, and their starting jobs pay half what ours did, in terms of buying power.

And then you mindless parrot rant about immigrants, "free shit", and every other right wing talking point being reinforced with propanda from China, Russia, and Iran, who want to see an end to democracy in America.

Democracy and the will of the people, made the USA the richest, most successful nation on earth, so of course, the greedy and the corrupt decided that working and middle class people didn't deserve that money, THEY did. And now little Hollie, they've brainwashed YOU into believing that's true as well.

It’s already been proven to you that your baseless claims are fraudulent.

Biden’s spending is what caused deficits to soar and inflation to reach 40 year highs. Biden’s spending didn’t improve conditions for middle class taxpayers. Biden created low paying, part-time jobs that benefited illegals.


In 2020, at the end of Trump’s presidency, (despite the Wuhan virus), the average balance of 401K plans was $129,157; in 2023, that number was $118,600; in March 2024, the average was $115,710. 401k’s have lagged way behind Bidenflation of 20%. Ths average 401k might be up to over $155,000 if not for Biden and Dem / Socialist deficits and inflation. There’s a potential loss of $40,000 to American homes. That is a reality that whizzes past you.

Average 401(k) Balance By Age - How Much Should You Have? | Bankrate

Making consistent contributions to retirement plans can help investors weather market volatility and help to achieve long-term financial goals. Here’s the average 401(k) balance by age and how much experts say you should have saved at different milestones.

www.bankrate.com

Let go of your Joy Reid Clown Show nonsense about student debt transfer somehow transforming deadbeats into productive consumers and taxpayers. Useless degrees with people who have no marketable job skills are …wait for it…people with useless degrees and no marketable job skills. There is nothing you can provide to make any case where piling on another $ Trillion dollars in debt will be mitigated by gender studies graduates flipping burgers at McDonalds.

Your mindless rants about illegals are time wasting. The cost to taxpayers of free-everything to illegals is another boat anchor tied to taxpayers. You simply run your mouth about matters you’re clueless about.

https://budget.house.gov/imo/media/doc/the_cost_of_illegal_immigration_to_taxpayers.pdf

• Illegal immigrants have a negative fiscal impact -- taxes paid minus benefits received -- primarily because a large share have modest levels of education, resulting in relatively low average incomes and tax payments, along with significant use of means-tested
programs and other government services.
• Prior research indicates that 69 percent of adult illegal immigrants have no education
beyond high school, compared to 35 percent of the U.S.-born.
• Using the National Academies’ estimate of immigrants’ net fiscal impact by education
level, we estimate that the lifetime fiscal drain (taxes paid minus costs) for each illegal
immigrant is about $68,000, although this estimate comes with some caveats.
• Illegal immigrants make extensive use of welfare. Based on government data, we
estimate that 59 percent of households headed by illegal immigrants use one or more major welfare programs, compared to 39 percent of households headed by the U.S.-born.
• Based on their use rate of major welfare programs, we estimate that illegal immigrants receive $42 billion in benefits, or about 4 percent of the total cost of the cash, Medicaid, food and housing programs examined in our study. However, this is only a rough approximation due to limitations in the data.


It just goes on an and on so instead of your continued babbling, go sit in the corner and be silent… or go harass your fellow Canuck’istanians.

 

[BluesLegend]

MSN Joe Biden said when he first got in that no one under $400,000 would pay more in taxes, yet all working class Americans ended up paying more in taxes.

Fair MY ASS do you know how much taxes you pay on the $400k it's F'ing insane. Federal, state and local they are taking well north of 40% the BLOATED mooching government parasites.

 

[22lcidw]

Yet, President Biden is pledging to not raise taxes on families making $400,000 or less a year.

facts matter --

https://www.marketwatch.com/story/biden-wants-tax-fairness-as-cuts-expire-next-year-heres-who-would-pay-more-45778525

There are ways to raise taxes while making statements. Progs love their statements. Progs love pain. The true history of the authoritarian. South America should be wealthier. No patience. Massive nepotism like we are expanding on. Progs condemn Trump for his personality and background and very little on America First. We see all of the warmongers just to start. Most with no concern for the caskets, physical and psychological disabilities that come home from their war parties that destroy people overseas.

 

[Dragonlady]

He keeps saying they are going to raise taxes on the rich to pay for it, but they never will. Democrats like campaign donations too.

He will sunset the tax cuts, taxes will go up on everyone and dems will try to find a way to blame it on republicans.

You need to read the story of the "Goose that Laid the Golden Egg", again. A healthy and thriving middle class is essential to a healthy and thriving capitalist economy.

It’s already been proven to you that your baseless claims are fraudulent.

Biden’s spending is what caused deficits to soar and inflation to reach 40 year highs. Biden’s spending didn’t improve conditions for middle class taxpayers. Biden created low paying, part-time jobs that benefited illegals.


In 2020, at the end of Trump’s presidency, (despite the Wuhan virus), the average balance of 401K plans was $129,157; in 2023, that number was $118,600; in March 2024, the average was $115,710. 401k’s have lagged way behind Bidenflation of 20%. Ths average 401k might be up to over $155,000 if not for Biden and Dem / Socialist deficits and inflation. There’s a potential loss of $40,000 to American homes. That is a reality that whizzes past you.

Average 401(k) Balance By Age - How Much Should You Have? | Bankrate

Making consistent contributions to retirement plans can help investors weather market volatility and help to achieve long-term financial goals. Here’s the average 401(k) balance by age and how much experts say you should have saved at different milestones.

www.bankrate.com

Let go of your Joy Reid Clown Show nonsense about student debt transfer somehow transforming deadbeats into productive consumers and taxpayers. Useless degrees with people who have no marketable job skills are …wait for it…people with useless degrees and no marketable job skills. There is nothing you can provide to make any case where piling on another $ Trillion dollars in debt will be mitigated by gender studies graduates flipping burgers at McDonalds.

Your mindless rants about illegals are time wasting. The cost to taxpayers of free-everything to illegals is another boat anchor tied to taxpayers. You simply run your mouth about matters you’re clueless about.

https://budget.house.gov/imo/media/doc/the_cost_of_illegal_immigration_to_taxpayers.pdf

• Illegal immigrants have a negative fiscal impact -- taxes paid minus benefits received -- primarily because a large share have modest levels of education, resulting in relatively low average incomes and tax payments, along with significant use of means-tested
programs and other government services.
• Prior research indicates that 69 percent of adult illegal immigrants have no education
beyond high school, compared to 35 percent of the U.S.-born.
• Using the National Academies’ estimate of immigrants’ net fiscal impact by education
level, we estimate that the lifetime fiscal drain (taxes paid minus costs) for each illegal
immigrant is about $68,000, although this estimate comes with some caveats.
• Illegal immigrants make extensive use of welfare. Based on government data, we
estimate that 59 percent of households headed by illegal immigrants use one or more major welfare programs, compared to 39 percent of households headed by the U.S.-born.
• Based on their use rate of major welfare programs, we estimate that illegal immigrants receive $42 billion in benefits, or about 4 percent of the total cost of the cash, Medicaid, food and housing programs examined in our study. However, this is only a rough approximation due to limitations in the data.


It just goes on an and on so instead of your continued babbling, go sit in the corner and be silent… or go harass your fellow Canuck’istanians.

Once again, you repeat republican, talking points without a single link to a statistic to back up your claims on the education of immigrants or their contribution to the economy.

I gave you links to three right wing economic publication articles on the value of immigration to the recovering Covid economy. You give me an unnamed study that says immigrants are uneducated.

You’re not capable of debunking anything you’re just capable of slinging insults and right wing lies.

 

[BluesLegend]

And only morons think the taxes won’t be passed down.

Well let's see I'm paying $5.17 a gallon for gas, way to punish the oil companies Dems you F'ing idiots.

 

[Hollie]

Because the poor people pay more in taxes as a percentage of their income than anyone else.

This is a country where some 800 wealthy individuals control more wealth than the bottom 50% of the population. That's 800 vs about 175 million people.

Among those top earners are innovators, tech creators and business builders who create(ed) jobs for millions.

Look up a guy named John Chambers or Steve Jobs.

Summary of the Latest Federal Income Tax Data, 2024 Update

The Tax Cuts and Jobs Act (TCJA) made many significant, but temporary, changes to the individual income tax code to lower tax rates, widen brackets, increase the standard deduction and child tax credit, and more.

taxfoundation.org

In 2021, the bottom half of taxpayers earned 10.4 percent of total AGI and paid 2.3 percent of all federal individual income taxes. The top 1 percent earned 26.3 percent of total AGI and paid 45.8 percent of all federal income taxes.

In all, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid more than $1 trillion in income taxes while the bottom 90 percent paid $531 billion.

 

[Procrustes Stretched]

There are ways to raise taxes while making statements. Progs love their statements. Progs love pain. The true history of the authoritarian. South America should be wealthier. No patience. Massive nepotism like we are expanding on. Progs condemn Trump for his personality and background and very little on America First. We see all of the warmongers just to start. Most with no concern for the caskets, physical and psychological disabilities that come home from their war parties that destroy people overseas.

4. He said he’d cut your taxes, and that the super-rich like him would pay more. He did the opposite. By 2027, the richest 1 percent will have received 83 percent of the Trump tax cut and the richest 0.1 percent, 60 percent of it. But more than half of all Americans will pay more in taxes.

5. He said corporations would use their tax cuts to invest in American workers. They didn’t. Corporations spent more of their tax savings buying back shares of their own stock than increasing workers’ wages.

6. He said he would boost economic growth by 4 percent a year. Nope. The economy stalled, and unemployment has soared to the highest levels since the Great Depression. Just over half of working-age Americans are employed—the worst ratio in 70 years.

Trumpâs 40 Biggest Broken Promises

The president talks a good game—but it’s just talk.

prospect.org