Biden failures, corruption, destruction, and collapse Thread.

[SOMEPARTS]

https://www.foxbusiness.com/economy/biden-reportedly-planning-first-major-tax-hike-in-next-economic-package


President Biden is reportedly planning to include the first major tax hike in close to 30 years in the next economic spending bill set to follow his $1.9 trillion coronavirus relief package.

The next spending initiative — which is expected to be even bigger, costing as much as $4 trillion — won't rely on just government debt as a funding source and could include an increase in both the corporate tax rate and the individual rate for high-income earners, according to Bloomberg News, citing a person familiar with the matter.

The planned changes include: raising the corporate tax rate to 28% from 21%, raising the income tax rate on individuals earning more than $400,000, expanding the estate tax, creating a higher capital-gains tax rate for individuals earning at least $1 million annually and paring back tax preferences for so-called pass-through businesses.

[TheGrinch]

https://www.foxbusiness.com/economy/biden-reportedly-planning-first-major-tax-hike-in-next-economic-package


President Biden is reportedly planning to include the first major tax hike in close to 30 years in the next economic spending bill set to follow his $1.9 trillion coronavirus relief package.

The next spending initiative — which is expected to be even bigger, costing as much as $4 trillion — won't rely on just government debt as a funding source and could include an increase in both the corporate tax rate and the individual rate for high-income earners, according to Bloomberg News, citing a person familiar with the matter.

The planned changes include: raising the corporate tax rate to 28% from 21%, raising the income tax rate on individuals earning more than $400,000, expanding the estate tax, creating a higher capital-gains tax rate for individuals earning at least $1 million annually and paring back tax preferences for so-called pass-through businesses.

holy fuck me

[Primemuscle]

holy fuck me

I take it you are a rich CEO making a million dollars a year or more.

[Grape Ape]

Border crossing a mess with numbers going out of control
Tax increases looming
Partisan Stimulus with only 22% going to the people
No press conferences with live questioning
Gas prices going up

The Great Uniter is off a great start.

[TheGrinch]

I take it you are a rich CEO making a million dollars a year or more.

"paring back tax preferences for so-called pass-through businesses."

No... a CEO of huge companies are taxes as C corps..... NOT pass through businesses

... It 10000000%%%% horrible for mom/pop/small biz that use LLC's and/or S corp elections to save money on taxes if they do way with the benefits of these pass through entities

will only hurt small biz not large c-corps who NEVER do and NEVER will pay any taxes.....

[Primemuscle]

"paring back tax preferences for so-called pass-through businesses."

No... a CEO of huge companies are taxes as C corps..... NOT pass through businesses

... It 10000000%%%% horrible for mom/pop/small biz that use LLC's and/or S corp elections to save money on taxes if they do way with the benefits of these pass through entities

will only hurt small biz not large c-corps who NEVER do and NEVER will pay any taxes.....

Really? This is what I read:

*The act amends Sec. 162(m), for years after 2026, to add a corporation’s five highest-compensated employees (besides the employees already covered by Sec. 162(m)) to the list of individuals subject to the $1 million cap on deductible compensation.

[AbrahamG]

Really? This is what I read:

*The act amends Sec. 162(m), for years after 2026, to add a corporation’s five highest-compensated employees (besides the employees already covered by Sec. 162(m)) to the list of individuals subject to the $1 million cap on deductible compensation.

Listen up pal.  Pertinent details and facts simply don't fly in these parts!

[Grape Ape]

Border even worse today.

But it's not a crisis unless AOC does a photoshoot.

[SOMEPARTS]

I take it you are a rich CEO making a million dollars a year or more.

It starts as this high number for the headlines and somehow ends up taxing the middle class. Of course if a corporation has to pay more taxes they just pass that on in higher prices as well.

Democrats know almost nothing about economics. Union employed dems know less than nothing about economics. Because they never adhered to normal economic rules in their entire work career their view is slanted to the fantasy side of things.

[AbrahamG]

Border even worse today.

But it's not a crisis unless AOC does a photoshoot.

Or, it's not a crisis when competent people are on the job.

[Grape Ape]

Or, it's not a crisis when competent people are on the job.

I don’t think that is the case here.  It is the same folks down there.

There are more “in cages” than ever before.

Biden needs to admit mistakes on this one. He said that the “stay in Mexico” rule was cruel, and is now saying “don’t cross the border right now”.

[chaos]

Or, it's not a crisis when competent people are on the job.

Is the why the media is crying about "overflow" centers? I mean, children in cages.

[AbrahamG]

Admittedly, I need to investigate further to be wholly informed. 

[SOMEPARTS]

Admittedly, I need to investigate further to be wholly informed.

It's an unreported crisis. Now you know.

[AbrahamG]

It's an unreported crisis. Now you know.

I'm probably gonna need to do just a little more follow up.  With all due respect.

[Primemuscle]

Listen up pal.  Pertinent details and facts simply don't fly in these parts!

Boy oh boy, you sure got that right. Everyone has their own reality...or fantasy thereof.

Honestly, thank you for the advice. My head is getting really sore from being beat again the far right wall. Sometimes, it feels like it is a conspiracy against those of us who are on the spam list for all the shiit AARP sends out on a daily basis. 

Being old is a bitch in so many ways.

[SOMEPARTS]

I'm probably gonna need to do just a little more follow up.  With all due respect.

You voted Biden....why start now? 

[AbrahamG]

You voted Biden....why start now? 

I know, right?  It sucks that my 401K is through the roof and that I'm gonna have a normal, healthy summer thanks to most of us being vaccinated by then.  Wish I could have a do over.

[TheGrinch]

Whats up with the no press conferences or state of the union?

[Grape Ape]

Admittedly, I need to investigate further to be wholly informed.

You go to spring training yet?

[AbrahamG]

You go to spring training yet?

I'll be there next weekend.

[Soul Crusher]

Sickening Jen Psaki Blames Trump For Atlanta Mass Shooting — “No Question” Trump’s Rhetoric Caused It
enVolve ^
Posted on 3/18/2021, 9:39:28 AM by A.M. Smith

Yesterday eight people were killed in a mass shooting in Atlanta, six of the victims being women who were of Asian descent. In a press conference held a few hours ago, White House Press Secretary Jen Psaki attributed these murders to the rhetoric of President Trump and its elevation of the threat to Asian-Americans.

(Excerpt) Read more at en-volve.com ...

[Soul Crusher]

https://nypost.com/2021/03/18/us-border-officials-say-the-migrant-crisis-getting-worse


What a freaking mess

[Skeletor]

Sickening Jen Psaki Blames Trump For Atlanta Mass Shooting — “No Question” Trump’s Rhetoric Caused It
enVolve ^
Posted on 3/18/2021, 9:39:28 AM by A.M. Smith

Yesterday eight people were killed in a mass shooting in Atlanta, six of the victims being women who were of Asian descent. In a press conference held a few hours ago, White House Press Secretary Jen Psaki attributed these murders to the rhetoric of President Trump and its elevation of the threat to Asian-Americans.

(Excerpt) Read more at en-volve.com ...

TDS.

[Soul Crusher]

TDS.

Its Trumps fault this guy had a sex addiction and went there often.