Sen Grassley asks Janet Yellen if Middle Class Taxpayers will bear the Burden of Biden's Corporate Tax Hikes. Are you Comforted by her Answer?

[DudleySmith]

overall Reagan vastly LOWERED tax rates

Actually he raised the nominal tax rates for those in the lower brackets by 38% between 1986 and 1989. He didn't
drastically lower them except on capital gains, copying Jimmy Carter's gains cuts, and then he raised other taxes, 8 of them, that fell on the lower income brackets heavier than on the top brackets.

 

[CrusaderFrank]

Actually he raised the nominal tax rates for those in the lower brackets by 38% between 1986 and 1989. He didn't
drastically lower them except on capital gains, copying Jimmy Carter's gains cuts, and then he raised other taxes, 8 of them, that fell on the lower income brackets heavier than on the top brackets.

It's like talking to IM2 on race, you get the polar opposite of the truth

 

[DudleySmith]

It's like talking to IM2 on race, you get the polar opposite of the truth

Stop reading memes and then treating them like facts. Stick with legit criticisms and learn to ignore peer pressure from parrots. Reagan was a fraud. Get over it.

 

[Staidhup]

I would bet over 60% of American Voters have no basic concept of economics not least fiscal and monetary policy and the role it plays in determining the cost of goods sold.

 

[otto105]

I would bet over 60% of American Voters have no basic concept of economics not least fiscal and monetary policy and the role it plays in determining the cost of goods sold.

Hilarious

It’s 100% with the orange makeup cult leader and his sycophants.

Dude, doesn’t even know who pays the tariffs on goods from foreign countries.

 

[iku]

Hilarious

It’s 100% with the orange makeup cult leader and his sycophants.

Dude, doesn’t even know who pays the tariffs on goods from foreign countries.

sycophants

Sycophant here
If tariffs are bad, why hasn't the Biden administration removed them? oh wait...

Biden embraced Trump’s tariffs​

https://www.washingtonpost.com/opinions/2024/04/12/biden-trump-tariffs-economy-inflation/

The Office of the U.S. Trade Representative promised to review the tariffs to determine whether they have been effective. It has been working on this review for about two years with no end in sight — despite apparently having little on its agenda these days (since it has abandoned its core business of promoting trade). A senior administration official confessed to me that the reason is that if USTR admits the tariffs have failed, it will also have to recommend that they be lifted — which the Biden team does not want to do.

 

[otto105]

Sycophant here
If tariffs are bad, why hasn't the Biden administration removed them? oh wait...

Biden embraced Trump’s tariffs​

https://www.washingtonpost.com/opinions/2024/04/12/biden-trump-tariffs-economy-inflation/

The Office of the U.S. Trade Representative promised to review the tariffs to determine whether they have been effective. It has been working on this review for about two years with no end in sight — despite apparently having little on its agenda these days (since it has abandoned its core business of promoting trade). A senior administration official confessed to me that the reason is that if USTR admits the tariffs have failed, it will also have to recommend that they be lifted — which the Biden team does not want to do.

100% President Biden knows who pays the tariff.

 

[iku]

100% President Biden knows who pays the tariff.

Why doesn't he remove them

 

[otto105]

Why doesn't he remove them

Because he wants to keep them, and again he knows who pays them.

You orange makeup cult leader doesn’t.

 

[iku]

Hilarious

It’s 100% with the orange makeup cult leader and his sycophants.

Dude, doesn’t even know who pays the tariffs on goods from foreign countries.

Hey man, look at what Joe is doing....

Biden wants to triple China tariffs on steel, aluminum imports​

President Biden will call to triple the current 7.5% China tariff rate on steel and aluminum imports.

https://www.cnbc.com/2024/04/17/biden-wants-to-triple-china-tariffs-on-steel-aluminum-imports.html

 

[otto105]

Hey man, look at what Joe is doing....

Biden wants to triple China tariffs on steel, aluminum imports​

President Biden will call to triple the current 7.5% China tariff rate on steel and aluminum imports.

https://www.cnbc.com/2024/04/17/biden-wants-to-triple-china-tariffs-on-steel-aluminum-imports.html

I agree with that action.

And President Biden still knows who pays the tariffs.

 

[iku]

I agree with that action.

And President Biden still knows who pays the tariffs.

You agree on raising the tariffs that Trump implemented that you don't approve of?
You are a hack