Biden Not Adding Taxes To Middle Class

[Vol Main]

Biden: Trickle-down economics "has never worked"

 

[hog88]

Biden: Trickle-down economics "has never worked"

LOL

You’d believe in unicorns if he told you he saw one.

 

[ButchPlz]

That's a detailed, thorough, and well-researched piece of journalism.

 

[Orangeburst]

That's a detailed, thorough, and well-researched piece of journalism.

I would argue that the whole tax code needs to see the trashbin of history. Code and Complexity is what is allowing all this division to happen

 

[allvol123]

I would argue that the whole tax code needs to see the trashbin of history. Code and Complexity is what is allowing all this division to happen

Well government discrimination is fine and dandy.

 

[SpaceCoastVol]

Biden: Trickle-down economics "has never worked"

Well if the imbecile himself that has been making laws there for 50 years says so, then it must be true.

 

[SpaceCoastVol]

I would argue that the whole tax code needs to see the trashbin of history. Code and Complexity is what is allowing all this division to happen

Remove the requirement for employers to take out taxes in employees' paychecks. I mean people are stupid enough to say 'I got a tax refund' every year when any thinking person knows they are getting their overpayment returned with a hearty thank you and no interest from the government. If everyone had to pay taxes quarterly or calculate how much of their paycheck to send in for their weekly tax bill there would be a revolution that makes the Tea Party look like an eighth grade graduation.

Constitutional amendment: No deductions, all income counted. Multiply by .1, attach check here.

 

[csmize]

This will be trickle-down tax increases.

 

[AM64]

I would argue that the whole tax code needs to see the trashbin of history. Code and Complexity is what is allowing all this division to happen

But the complex tax code is how politicians make good on campaign donations that keep them in office. You can hide a lot of payback in thousands of pages of tax changes.

 

[Orangeburst]

Remove the requirement for employers to take out taxes in employees' paychecks. I mean people are stupid enough to say 'I got a tax refund' every year when any thinking person knows they are getting their overpayment returned with a hearty thank you and no interest from the government. If everyone had to pay taxes quarterly or calculate how much of their paycheck to send in for their weekly tax bill there would be a revolution that makes the Tea Party look like an eighth grade graduation.

Constitutional amendment: No deductions, all income counted. Multiply by .1, attach check here.

And for someone such as I and someone in with a fluctuating income, it would make sense to base the tax on paycheck, rather than yearly. I dont have to guess, they dont have to guess.

 

[utvolpj]

It's impossible to raise corp taxes and not increase the burden on the lower and middle classes.

 

[SpaceCoastVol]

And for someone such as I, it would make sense to base the tax on paycheck, rather than yearly. I dont have to guess, they dont have to guess.

One thing I forgot to put in my amendment. If you don't pay something, you don't get to vote in any election.... AND.... any and all congressional perks and pay are voted on by the people.

I'm supposed to pay quarterly, but I choose not to. I can take that money and invest it and make far more than the penalty that I get takes away. But I hear what you are saying. It's all a pipe dream though. Those 535 ass hats in DC are not at all interested in fairness.

 

[McDad]

Biden: Trickle-down economics "has never worked"

If it is true trickle down has never worked, is it also true trickle out (to DC) never worked? If trickle out works, but trickle down doesn't, how does government trickle it down to the needy?

 

[Rasputin_Vol]

Biden: Trickle-down economics "has never worked"

 

[W.TN.Orange Blood]

If it is true trickle down has never worked, is it also true trickle out (to DC) never worked? If trickle out works, but trickle down doesn't, how does government trickle it down to the needy?

Slowly drip drip drip = action done.

 

[AM64]

And for someone such as I and someone in with a fluctuating income, it would make sense to base the tax on paycheck, rather than yearly. I dont have to guess, they dont have to guess.

Without graduated tax rates, deductions, exemptions, credits, etc, that would absolutely work great. Otherwise you really have to know what the yearly total income (including spouse if filing jointly) and all those other factors, or what comes out of a paycheck is a best guess.

 

[C-south]

Biden: Trickle-down economics "has never worked"

Neither does funneling money through S corps to evade taxes.

 

[Vol Main]

It's impossible to raise corp taxes and not increase the burden on the lower and middle classes.

That is true of certain types of taxes, like Trump's tariffs on Chinese imports. But income taxes are not passed directly on to consumers like some taxes.

 

[joevol24]

That is true of certain types of taxes, like Trump's tariffs on Chinese imports. But income taxes are not passed directly on to consumers like some taxes.

Are you really that dense? Any amount of money out of a big business owners pocket is directly handed to you and I. Heck, even small business does it, just not to the go to hell degree

 

[Vol Main]

Are you really that dense? Any amount of money out of a big business owners pocket is directly handed to you and I. Heck, even small business does it, just not to the go to hell degree

Thanks for the compliment, Mr. Friendly. No, you're saying that does not make it true. Some taxes are passed on directly to buyers. Some are not.

 

[joevol24]

No, you're saying that does not make it true. Some taxes are passed on directly to buyers. Some are not.

I like unicorns and believe in them too

 

[Weezer]

I like unicorns and believe in them too

Do they fly out of your butt?

 

[Orangeslice13]

No, you're saying that does not make it true. Some taxes are passed on directly to buyers. Some are not.

All taxes are passed on to the buyers.

 

[MG1968]

No, you're saying that does not make it true. Some taxes are passed on directly to buyers. Some are not.

Do you require $15,000 to tell us what taxes aren’t passed on to the consumer?

 

[MOOOOONEY]

Biden: Trickle-down economics "has never worked"

It absolutely can trickle down. When Trump announced the tax cuts a lot of corps and businesses gave bonuses and raises to their employees.

The company I work for as an example raised their 401k match from 3% to 5%, raised the bonus potential, started offering paid maternity leave, and invested more in their communities through their philanthropy programs.