Republicans, Not Biden Are About To Raise Your Taxes

Taxes need to be raised to cover SS & Medicare. If there is an automatic escalation clause, fine.
The democrats want to raise corporate taxes so they move overseas, not a good idea.
I prefer a transaction tax so high speed traders get hammered, I also want capital gains taxed as normal income.
Why, do taxes need to be raised to cover SS and Medicare? If you stopped paying people to sit on their lazy prog asses all day, collecting welfare, 1 trillion dollars a year can be freed up.



In his January 1964 State of the Union address, President Lyndon Johnson proclaimed, “This administration today, here and now, declares unconditional war on poverty in America.” In the 50 years since that time, U.S. taxpayers have spent over $22 trillion on anti-poverty programs. Adjusted for inflation, this spending (which does not include Social Security or Medicare) is three times the cost of all U.S. military wars since the American Revolution.
 
“President Trump and his congressional allies hoodwinked us,” wrote Stiglitz. “The law they passed initially lowered taxes for most Americans, but it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.”




The Republicans gave themselves a retirement package on the way out.

All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.”

The Democrat House is free, at any time, to pass a bill to make the tax cuts for those with income under $75,000....permanent.

Why don't they?
 
“President Trump and his congressional allies hoodwinked us,” wrote Stiglitz. “The law they passed initially lowered taxes for most Americans, but it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.”




The Republicans gave themselves a retirement package on the way out.
Actually, Democrats refused to help Republicans make the cuts permanent but not to worry. When Trumpy gets majorities in both houses for his next term, he'll take care of that right away. And then we can breath easy for a couple more years and not have to worry about those money grubbing liberal bastards robbing the taxpayer with their taxes. Stick with Trumpie
 
We are 27 trillion in debt. Any politician that claims they will not raise taxes are lying.

That will never be paid. We're about to move into a digital crypto currency whereas the debt will be forgiven. Not only in the US but around the world.
 
We are 27 trillion in debt. Any politician that claims they will not raise taxes are lying.

That will never be paid. We're about to move into a digital crypto currency whereas the debt will be forgiven. Not only in the US but around the world.

So we can afford health care.

No, that's nothing compared to whats coming and the complete domination. You'll be begging for 2020.

I've noted long ago that we will be Venezuela.
 
We are 27 trillion in debt. Any politician that claims they will not raise taxes are lying.

That will never be paid. We're about to move into a digital crypto currency whereas the debt will be forgiven. Not only in the US but around the world.

So we can afford health care.

No, that's nothing compared to whats coming and the complete domination. You'll be begging for 2020.

I've noted long ago that we will be Venezuela.

I wouldn't be surprised.
 
Republicans, not Biden, are about to raise your taxes.

( a few years back…)
The press to Nancy Pelosi: "What are the main provisions in this bill?"
Pelosi: "We will have to pass the bill first to find out what's in it."

( these days… )
The press to Pelosi and co.: "What does Joe Biden really stand for, specifically?"
Pelosi and co.: "We will have to elect him first to find out what he specifically wants to do."
 
“President Trump and his congressional allies hoodwinked us,” wrote Stiglitz. “The law they passed initially lowered taxes for most Americans, but it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.”




The Republicans gave themselves a retirement package on the way out.
True.

Presidents don’t have the authority to raise taxes – only Congress has that authority.

It’s usually at this point some rightwing idiot will chime in with something stupid like “Biden will propose legislation to Congress that will raise taxes.”

What Biden might propose or want with regard to taxes is irrelevant – it still requires Congress to enact legislation concerning taxes, reflecting the will of the people.

And certainly conservatives would never oppose the will of the people.
jones calling someone an idiot.....the ass has no shame....
 
“President Trump and his congressional allies hoodwinked us,” wrote Stiglitz. “The law they passed initially lowered taxes for most Americans, but it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.”




The Republicans gave themselves a retirement package on the way out.
LOL another opinion piece from the most biased newspaper in the country. If you think Biden isn't going to raise your taxes to pay for Democratic city bailouts and green energy, you are in for a rude awakening.
 

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