Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
This week in Bidenomics: The rich are upset
Don't worry, there will still be plenty of rich Americans if Biden raises the capital gains tax.www.yahoo.com
Isn't it time for working American's to get their fair share of the GDP?
This week in Bidenomics: The rich are upset
Don't worry, there will still be plenty of rich Americans if Biden raises the capital gains tax.
Isn't it time for working American's to get their fair share of the GDP?
working americans do not pay capital gains tax?----
they EVADE?
Only if the profit is more than $250,000.why do I have to read the link----does it say that
people who own less than 1 million dollars in property
do not have to pay capital gains tax? If a blue collar worker sells a bit of property he owns in his own town---he need not pay capital gains tax?
why do I have to read the link----does it say that
people who own less than 1 million dollars in property
do not have to pay capital gains tax? If a blue collar worker sells a bit of property he owns in his own town---he need not pay capital gains tax?
You mean like all those small businesses Democrats have ruined so they can enrich Jeff Bezos, Mark Zuckerberg, Bill Gates and the other technocrats?
Is that what you mean?
Raise the minimum wage to raise more tax revenue.This week in Bidenomics: The rich are upset
Don't worry, there will still be plenty of rich Americans if Biden raises the capital gains tax.
Isn't it time for working American's to get their fair share of the GDP?
It should make perfect sense to those with a working understanding of the English language.You mean like all those small businesses Democrats have ruined so they can enrich Jeff Bezos, Mark Zuckerberg, Bill Gates and the other technocrats?
Is that what you mean?
"You mean"? Who are you targeting, and explain the first sentence, it makes no sense.
I think we need to cut to the chase, I believe that "fair share" means "wealth redistribution".It should make perfect sense to those with a working understanding of the English language.You mean like all those small businesses Democrats have ruined so they can enrich Jeff Bezos, Mark Zuckerberg, Bill Gates and the other technocrats?
Is that what you mean?
"You mean"? Who are you targeting, and explain the first sentence, it makes no sense.
"You mean" as used in the language we should have all learned in school is tantamount to saying " for instance".
The Democratic Party destroyed small businesses in order to enrich the likes of Jeff Bezos, and so those whose businesses were ruined are no longer receiving their fair share of the gdp.
Higher taxes have consequences, and not just for the rich.
why do I have to read the link----does it say that
people who own less than 1 million dollars in property
do not have to pay capital gains tax? If a blue collar worker sells a bit of property he owns in his own town---he need not pay capital gains tax?
My home is worth $1.4 + million, if sold we (my wife and me) would pay capital gains tax; however, we will live here until we die and then the property - in the trust - will go equally to our two sons. Since it is below 5 million they would not pay any tax.
And that's before you add in the state taxes. Fair and efficient? Not buying into that for one second.Higher taxes have consequences, and not just for the rich.
Explain you comment: BTW, did you read the link?
Taxes must be fair and efficient. From the link:
Biden’s legislative priorities include several proposed tax hikes he’s been talking about for two years. He wants to raise the corporate tax rate from 21% to 28%. He’d boost the top individual income tax rate from 37% to 39.6% and raise the estate tax on holdings above $3.5 million. As for the capital gains tax, he’d raise it to the regular income-tax rate for people earning more than $1 million per year. If the top rate went to 39.6%, then the rate on long-term capital gains for the wealthy would rise from the current 20% to 39.6%. Biden insists he won't raise taxes on households earning less than $400,000, and his capital gains hike would directly affect just 0.3% of taxpayers.
why do I have to read the link----does it say that
people who own less than 1 million dollars in property
do not have to pay capital gains tax? If a blue collar worker sells a bit of property he owns in his own town---he need not pay capital gains tax?
My home is worth $1.4 + million, if sold we (my wife and me) would pay capital gains tax; however, we will live here until we die and then the property - in the trust - will go equally to our two sons. Since it is below 5 million they would not pay any tax.
Your home goes into a "Trust" why?
why do I have to read the link----does it say that
people who own less than 1 million dollars in property
do not have to pay capital gains tax? If a blue collar worker sells a bit of property he owns in his own town---he need not pay capital gains tax?
My home is worth $1.4 + million, if sold we (my wife and me) would pay capital gains tax; however, we will live here until we die and then the property - in the trust - will go equally to our two sons. Since it is below 5 million they would not pay any tax.
Your home goes into a "Trust" why?
A trust is a legal document which includes a will, if you have children and own a home you need to see an attorney.
Yep, and not only that, the idea is to take from those who DO work and provide a benefit and give it to those with no interest in either.I think we need to cut to the chase, I believe that "fair share" means "wealth redistribution".It should make perfect sense to those with a working understanding of the English language.You mean like all those small businesses Democrats have ruined so they can enrich Jeff Bezos, Mark Zuckerberg, Bill Gates and the other technocrats?
Is that what you mean?
"You mean"? Who are you targeting, and explain the first sentence, it makes no sense.
"You mean" as used in the language we should have all learned in school is tantamount to saying " for instance".
The Democratic Party destroyed small businesses in order to enrich the likes of Jeff Bezos, and so those whose businesses were ruined are no longer receiving their fair share of the gdp.
