Republican Tax Increases Kicking In

#78
#78
Vol Main said:
I am not a dolt and do not have a Party, but you are implying that the tax increase was passed by the Democratic Party, and that is not true either. When Republicans passed their huge tax cuts for the top tax bracket, they also passed a tax increase on the middle class and differed it until this year, 2021. In one short sentence, you got three things wrong.
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You’re so sad that even the Dems won’t claim you. Damn man, now I just feel bad for you.
 
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#80
#80
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#82
#82
MG1968 said:
Are they going up because of republicans or because Biden can’t possibly pay for all of his proposed nonsense without raising taxes on what Dick Gephardt once called “winners of life’s lottery”, or anyone making above $70K/year?
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All of the above fits nicely. The truth is that thanks to our politicians handing out free stuff to keep votes coming in, we've been living beyond our means for a long time. If there's ever been fiscal responsibility in DC, it sure isn't now. Covid and the associated recent expenses were more or less unavoidable, but most of our problems are self inflicted - with politicians being the ones who pull the trigger.
 
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#84
#84
Vol Main said:
I am not a dolt and do not have a Party, but you are implying that the tax increase was passed by the Democratic Party, and that is not true either. When Republicans passed their huge tax cuts for the top tax bracket, they also passed a tax increase on the middle class and differed it until this year, 2021. In one short sentence, you got three things wrong.
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You’re more FOS than a Xmas turkey.
 
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#89
#89
Vol Main said:
I am not a dolt and do not have a Party, but you are implying that the tax increase was passed by the Democratic Party, and that is not true either. When Republicans passed their huge tax cuts for the top tax bracket, they also passed a tax increase on the middle class and *differed it until this year, 2021. In one short sentence, you got three things wrong.
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*deferred
 
#92
#92
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#93
#93
Vol Main said:
Good idea, but let's stop the hypocritical moaning about Democrats raising taxes. Republicans raised taxes on the middle class while cutting taxes on the top bracket. Unless you have annual income of $400,000, Biden will not raise your income taxes. If you do make that much, then you can take your own advice, because historical economic data shows Democratic tax policies grow the economy faster than Republican tax policies.
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What is the percentage tax increase on the middle class when this deferment kicks in? 2? 4? 10? Hey, don’t worry, the real fun begins when the most insidious tax, inflation, kicks in with our addiction to stimulus and spending (printing gobs of greenbacks), the slew of new and improved carbon taxes passed by the lefties pretending to save the world (only a transfer of wealth) and a gianormous increase in FICA taxes above the 6.2% on everyone. Then they increase the FICA tax above the max income threshold, also, in a futile effort to save our massively failing sacred cows that will only collapse under the weight of excess debt and an chronically sh**ty dollar.

Join the club in understanding these clowns in DC don’t gaf. They’re in the business of creating problems to then pretend as if they are trying to solve the s**t they created. It’s really a genius scheme...intended for sheep. People that don’t know any better think they’re actually doing something for them. Fools. But by god, we saved them 1 or 2 percent in marginal tax rates along the way. All of us middle classers are gonna get creamed. And the corporate tax increases, as @AM64 so astutely observed and stated, will only get passed down to the consumer....as they have since the beginning. Doh, look at that! Another problem the brain trusts in DC created that now they have to solve.
 
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#94
#94
Vol737 said:
What is the percentage tax increase on the middle class when this deferment kicks in? 2? 4? 10? Hey, don’t worry, the real fun begins when the most insidious tax, inflation, kicks in with our addiction to stimulus and spending (printing gobs of greenbacks), the slew of new and improved carbon taxes passed by the lefties pretending to save the world (only a transfer of wealth) and a gianormous increase in FICA taxes above the 6.2% on everyone. Then they increase the FICA tax above the max income threshold, also, in a futile effort to save our massively failing sacred cows that will only collapse under the weight of excess debt and an chronically sh**ty dollar.

Join the club in understanding these clowns in DC don’t gaf. They’re in the business of creating problems to then pretend as if they are trying to solve the s**t they created. It’s really a genius scheme...intended for sheep. People that don’t know any better think they’re actually doing something for them. Fools. But by god, we saved them 1 or 2 percent in marginal tax rates along the way. All of us middle classers are gonna get creamed. And the corporate tax increases, as @AM64 so astutely observed and stated, will only get passed down to the consumer....as they have since the beginning. Doh, look at that! Another problem the brain trusts in DC created that now they have to solve.
Click to expand...
He can’t add 2+2.... he has no idea wtf you just said to him
 
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