Biden’s new Tax on $400k+, doesn’t that disproportionately affect Whites?

[Bobob]

The left [DemonRats] ruin everything they touch.

But with the 2022 midterms soon to be an issue, will the DemonRats want to increase taxes in 2022?

And we know that as usual the middle-class will bear the biggest burden of any tax increases, couple that to the Biden-Energy-Tax already taking hold thanks to jugheaded policies from Traitor Joe©™.

The middle class will not get a tax increase and the President has made that clear.
The wealthy will essentially give back that huge trump tax reduction that they did not need and which increased the deficit by 2 trillion dollars. You are a dunce.

 

[Meathead]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Of course, except for a few thousand athletes and entertainers.

 

[MarcATL]

OP, is your premise of your argument that due to disparate outcomes this tax is racist?

theHawk, this was directed at you.

Care to expound?

 

[Meathead]

OP, is your premise of your argument that due to disparate outcomes this tax is racist?

theHawk, this was directed at you.

Care to expound?

Of course it''s racist, it would be like a reduction in welfare.

 

[theHawk]

OP, is your premise of your argument that due to disparate outcomes this tax is racist?

theHawk, this was directed at you.

Care to expound?

The tax would affect white more than any other race. So it is really a white tax.

 

[MarcATL]

The tax would affect white more than any other race. So it is really a white tax.

And you're saying that it's racist, right?

 

[B. Kidd]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Bi-Dung and the Dimm's are poised to give Negroes reparations.

 

[theHawk]

The tax would affect white more than any other race. So it is really a white tax.

And you're saying that it's racist, right?

Isn’t that the argument lefties make anytime some policy “disproportionately affects” blacks?

 

[MarcATL]

Isn’t that the argument lefties make anytime some policy “disproportionately affects” blacks?

Would that be a yes, or a no?

 

[Missouri_Mike]

Isn’t that the argument lefties make anytime some policy “disproportionately affects” blacks?

Would that be a yes, or a no?

Marc is working up to making some stupid point. This should be a colossal failure.

 

[MarcATL]

Marc is working up to making some stupid point. This should be a colossal failure.

More like, theHawk is running from making his position clear.

 

[healthmyths]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Ok, let's be honest, shall we? When Trump gave the wealthy that 20% tax reduction, it mostly benefited whites, yes? That huge benefit cost the treasury 2 trillion dollars of white money that the whites spent in the stock market instead of in the economic marketplace. They did not need that tax reduction because they were chugging along just fine, but they got it anyway. So now the treasury needs that money back, so where-to-for and henceforth the money is going to come home in the form of a % tax increase for the wealthy. A part of the clean-up.

Those rich people were already paying a disproportionately high amount of taxes.

Next.

Next? Next is that the wealthy were aided greatly by the working class in their money-making ventures, for the most part, and are not paying enough now.
Maybe taxes should be raised on people of your ilk to help reduce the deficit.

Sure, go ahead and raise taxes on the middle class.

Do it.

That is my point, hotshot. The working middle class cannot afford a tax increase,
nor should they get one. The wealthy can afford an increase and should get one since they got that huge and unnecessary reduction that they did not need.
You know what? You are not the smartest rock in the pile, are you?

Tell me how taxing the "filthy wealthy" 126% of what they are paying now will help the economy?
Please if you can follow the below spreadsheet that proves Biden will have to raise taxes for the "filthy wealthy" 126.5%. This is a simple math problem.
To raise $3.8 trillion/ year as Biden proposed means those "filthy wealthy" will have to pay 126% more than they do now. It is simple arithmetic.

 

[BluesLegend]

Look there's nothing Dems won't tax. The American people are getting royally screwed by Dems maybe they will finally learn their lesson. Dems are lying filthy scum who steal our money to line their own pockets HELLO!

 

[evenflow1969]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Aw, the ultra wealthy having to pitch a share while the regular guy works multiple jobs and still can't make it. If it makes ya feel better just think all those guys in the NBA are gunna have to anti up a little bit.

 

[pyetro]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

What percentage of whites earn that much money?

 

[pyetro]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Well, if it makes you feel better, those BLM "leaders" hauling in $100+M will be subject to it as well.

You made that stat up.

 

[Missouri_Mike]

Marc is working up to making some stupid point. This should be a colossal failure.

More like, theHawk is running from making his position clear.

He made his point. You’re the one failing here. I’m not surprised in any way just thinking maybe you could stop the dance and say it.

 

[Bobob]

Do lefties support taxing whites at disproportionate rates?

Well of course they do. This isn’t a “wealth tax”, it’s “the White Tax”.

At least be honest about what kind of tax it is, lefties:

White House looks to raise taxes on wealthy and corporations

The White House is looking to fulfill one of President Joe Biden's campaign promises by raising taxes for the wealthy and on corporations, White House press secretary Jen Psaki affirmed on Monday.

www.cnn.com

Upper class and millionaires are mostly white:

Wealth Inequality Across Class and Race in 5 Graphs

America has a white upper class and multiracial lower class.

www.peoplespolicyproject.org

U.S. millionaires: share of families by ethnicity 2016 | Statista

In 2016, around 15.2 percent of all White families in the United States had a net worth of one million U.S.

www.statista.com

Ok, let's be honest, shall we? When Trump gave the wealthy that 20% tax reduction, it mostly benefited whites, yes? That huge benefit cost the treasury 2 trillion dollars of white money that the whites spent in the stock market instead of in the economic marketplace. They did not need that tax reduction because they were chugging along just fine, but they got it anyway. So now the treasury needs that money back, so where-to-for and henceforth the money is going to come home in the form of a % tax increase for the wealthy. A part of the clean-up.

Those rich people were already paying a disproportionately high amount of taxes.

Next.

Next? Next is that the wealthy were aided greatly by the working class in their money-making ventures, for the most part, and are not paying enough now.
Maybe taxes should be raised on people of your ilk to help reduce the deficit.

Sure, go ahead and raise taxes on the middle class.

Do it.

That is my point, hotshot. The working middle class cannot afford a tax increase,
nor should they get one. The wealthy can afford an increase and should get one since they got that huge and unnecessary reduction that they did not need.
You know what? You are not the smartest rock in the pile, are you?

Tell me how taxing the "filthy wealthy" 126% of what they are paying now will help the economy?
Please if you can follow the below spreadsheet that proves Biden will have to raise taxes for the "filthy wealthy" 126.5%. This is a simple math problem.
To raise $3.8 trillion/ year as Biden proposed means those "filthy wealthy" will have to pay 126% more than they do now. It is simple arithmetic.
View attachment 468080

I don't remember any blogger who describes the wealthy as the "filthy wealthy".
The wealthy were doing just fine before Trump gave them that huge, unnecessary tax decrease which added 2 trillion dollars to the deficit and did not have the results that Trump was selling. It's a simple math problem.

 

[Jets]

“Raising Taxes”

The third rail in American politics...

 

[Bobob]

“Raising Taxes”

The third rail in American politics...

True. However, Biden is just raising taxes back to pre-Trump, when a huge, unnecessary tax reduction for the wealthy was not needed since the economy was in
recovery mode and the deficit took a 2 trillion dollar hit because of it. You don't pile all your eggs in one basket when not needed because there is nothing left when needed.