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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Dos Equis on April 24, 2024, 04:12:09 PM

Title: Biden Proposes Massive Tax Increase
Post by: Dos Equis on April 24, 2024, 04:12:09 PM
I have some choice words for this man.   >:(

Biden Calls for 44.6% Capital Gains Tax Rate, Highest Capital Gains Tax Since Its Creation in 1922
And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states
John Kartch
04/23/2024
https://www.atr.org/biden-calls-for-44-6-capital-gains-tax-rate-highest-capital-gains-tax-since-its-creation-in-1922/
Title: Re: Biden Proposes Massive Tax Increase
Post by: Dos Equis on April 24, 2024, 04:15:41 PM
A full list of his proposed tax increases, including raising the corporate tax rate.  This is the kind of thing you expect from a socialist idiot who has never run a business and does not understand how the economy works.  This would be a disaster.  I would walk over crushed glass to vote for Trump over Biden on this basis alone.

https://www.pgpf.org/blog/2024/04/president-bidens-budget-calls-for-raising-43-trillion-in-revenues-over-ten-years-heres-how
Title: Re: Biden Proposes Massive Tax Increase
Post by: chaos on April 24, 2024, 04:29:06 PM
ORANGE MAN BAD!!!! >:( >:( >:(
Title: Re: Biden Proposes Massive Tax Increase
Post by: IroNat on April 24, 2024, 05:40:37 PM
The proposed cap gains tax rate increase applies to investors who make over $1 million a year.

See details:

https://www.kiplinger.com/taxes/biden-calls-for-doubling-capital-gains-tax-rate

This will never pass.

Some of it is bargaining.  Ask for a lot...settle for less.
Title: Re: Biden Proposes Massive Tax Increase
Post by: Moontrane on April 24, 2024, 05:49:54 PM
I have some choice words for this man.   >:(

Biden Calls for 44.6% Capital Gains Tax Rate, Highest Capital Gains Tax Since Its Creation in 1922
And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states
John Kartch
04/23/2024
https://www.atr.org/biden-calls-for-44-6-capital-gains-tax-rate-highest-capital-gains-tax-since-its-creation-in-1922/

Damn the tax revenue, It's about fairness!

Title: Re: Biden Proposes Massive Tax Increase
Post by: Soul Crusher on April 25, 2024, 03:24:22 AM
Worst presidency in lifetime.    Horrible.   



I have some choice words for this man.   >:(

Biden Calls for 44.6% Capital Gains Tax Rate, Highest Capital Gains Tax Since Its Creation in 1922
And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states
John Kartch
04/23/2024
https://www.atr.org/biden-calls-for-44-6-capital-gains-tax-rate-highest-capital-gains-tax-since-its-creation-in-1922/
Title: Re: Biden Proposes Massive Tax Increase
Post by: Gym Rat on April 25, 2024, 05:30:51 AM
Pant-Shitter and his "gang of groin-gravy guzzling goofballs" deserve a plane crash...

(https://i.imgflip.com/8fvafb.jpg)
Title: Re: Biden Proposes Massive Tax Increase
Post by: IroNat on April 25, 2024, 07:22:57 AM
More taxes, more dates.
Title: Re: Biden Proposes Massive Tax Increase
Post by: IroNat on April 25, 2024, 07:23:39 AM
Pant-Shitter and his "gang of groin-gravy guzzling goofballs" deserve a plane crash...

(https://i.imgflip.com/8fvafb.jpg)

I think black folk prefer Popeyes's.
Title: Re: Biden Proposes Massive Tax Increase
Post by: Dos Equis on April 25, 2024, 01:39:49 PM
Worst presidency in lifetime.    Horrible.

And I didn't think we could have done worse than Obama.  We did. 
Title: Re: Biden Proposes Massive Tax Increase
Post by: Grape Ape on April 25, 2024, 03:39:47 PM
Taxing unrealized capital gains is madness.

The tax in and of itself is stupid.
Title: Re: Biden Proposes Massive Tax Increase
Post by: SOMEPARTS on April 25, 2024, 06:28:25 PM
Anything to kill the middle class. There are many nimby libs who think they are above middle class status. They aren't.
Title: Re: Biden Proposes Massive Tax Increase
Post by: Humble Narcissist on April 26, 2024, 12:50:47 AM
Living up to the "you will own nothing and be happy" promise. The death tax is probably the worst.
Title: Re: Biden Proposes Massive Tax Increase
Post by: Dos Equis on April 26, 2024, 04:29:21 PM
Taxing unrealized capital gains is madness.

The tax in and of itself is stupid.

Agree.
Title: Re: Biden Proposes Massive Tax Increase
Post by: Dos Equis on April 26, 2024, 04:30:05 PM
Steve Forbes: America will be in another Great Depression if Biden does this

Title: Re: Biden Proposes Massive Tax Increase
Post by: Coach is Back! on April 26, 2024, 07:41:46 PM
And I didn't think we could have done worse than Obama.  We did.

50 years in DC and literally nothing meaningful to show for it except for being a known racist and segregationist. You don't become a career politician unless there's money to be made, especially if you're in for 50 friggen years.