No projected budget has ever been accurate. And "the richest Americans" don't make an income that can be taxed. A 7% hike on businesses just means 7% inflation on the goods and services that the business makes.
The biggest standout after a quick look is the "unrealized gains" bullshit.
How often are "unrealized gains" to be taxed? And, should this be put into effect, it will eventually (and maybe sooner) trickle down to the plebs.
For "unrealized gains" to work, every asset must be valued every year. Much like the draw to bitcoin tracking, this bullshit taxes holdings. Now "art" would have to be tracked year over year, as well as all stocks and property, etc.
Hopefully the rich can convince everyone how communist this policy will be, and fight pedo joe* tooth and nail, even though he is the "the most popular president ever" LMAO
The rich needn't bother at all, since this won't touch them in any meaningful way. And even if it does, they can just move to their cottage in the Alps or something.
The truly wealthy have armies of sneaky jewish lawyers/accountants/bankers who, with heavy pointers from the very government taxing them, can avoid most/all taxes with a minimum of greased palms.
It would cut the deficit WITHOUT INHIBITING THEIR SPENDING.
Uncle Sloppy and his kike handlers don’t give a fuck about a debt that only White People will pay. They just want to keep the money flowing because that is how they actually get paid.
They don’t get paid unless money moves.They don’t give a fuck about your debt.
You know what? I'm not even going to read that because I know it's bullshit. I'm also hesitant to trot this out because most of the US is full of self indulgent, two faced fucks that will happily raise your taxes to get what they want but here goes.........
Scroll down to Table 1 Summary of Federal Income Tax Data, 2017. << I know, it says 2017 but it's more or less the same year after year moron.
and look who actually pays the taxes of this nation. Look at all of it and understand it. Pay attention to the 72 million people(half) that only pay 3% of the taxes in this nation. Then look at the 14 million who pay SEVENTY PERCENT OF ALL TAXES IN THE US.
Yeah. So here's where you have to ask yourself, "am I a piece of shit or not?". I'm not advocating taxes at all but if we're going to talk about it let's at least be honest and informed.
[ + ] FreeinTX
[ - ] FreeinTX 8 points 2.3 yearsMar 9, 2023 16:11:45 ago (+8/-0)
[ + ] GrayDragon
[ - ] GrayDragon 2 points 2.3 yearsMar 9, 2023 16:49:22 ago (+2/-0)
Yeah, to correctly reword Biden, he is increasing the taxes on consumers by 7%.
[ + ] oursenilepresident
[ - ] oursenilepresident 2 points 2.3 yearsMar 9, 2023 18:53:28 ago (+2/-0)*
correct!
I often create inflation memes about democrat idiocy :
https://files.catbox.moe/e2v97t.jpg
https://files.catbox.moe/2j1g5z.jpg
https://files.catbox.moe/a0bd6d.jpg
https://files.catbox.moe/tfgpc4.jpg
https://files.catbox.moe/aui2yo.jpg
https://files.catbox.moe/v2jfwl.png
https://files.catbox.moe/q70iyv.jpg
https://files.catbox.moe/o1jbo5.jpg
https://files.catbox.moe/gwzn4i.jpg
https://files.catbox.moe/227vs8.jpg
https://files.catbox.moe/vdti7p.jpg
https://files.catbox.moe/vdti7p.jpg
https://files.catbox.moe/4gr8pg.png
https://files.catbox.moe/4wvacq.jpg
https://files.catbox.moe/ty6xk5.jpg
those were mine, but HERE ARE OTHER people's inflation memes:
https://files.catbox.moe/f8u1ut.jpeg
https://files.catbox.moe/qlnkof.jpeg
https://files.catbox.moe/t44ox5.jpeg
https://files.catbox.moe/dkm0f9.jpg
https://files.catbox.moe/jm5mje.jpg
https://files.catbox.moe/cd2lpb.jpeg
https://files.catbox.moe/ckrrt2.jpeg
[ + ] lord_nougat
[ - ] lord_nougat 2 points 2.3 yearsMar 9, 2023 16:57:32 ago (+2/-0)
[ + ] Spaceman84
[ - ] Spaceman84 [op] 2 points 2.3 yearsMar 9, 2023 17:51:32 ago (+2/-0)
[ + ] lord_nougat
[ - ] lord_nougat 1 point 2.3 yearsMar 9, 2023 18:05:29 ago (+1/-0)
[ + ] Deleted
[ - ] deleted -1 points 2.3 yearsMar 9, 2023 16:50:31 ago (+0/-1)*
[ + ] localsal
[ - ] localsal 3 points 2.3 yearsMar 9, 2023 16:55:50 ago (+3/-0)
How often are "unrealized gains" to be taxed? And, should this be put into effect, it will eventually (and maybe sooner) trickle down to the plebs.
For "unrealized gains" to work, every asset must be valued every year. Much like the draw to bitcoin tracking, this bullshit taxes holdings. Now "art" would have to be tracked year over year, as well as all stocks and property, etc.
Hopefully the rich can convince everyone how communist this policy will be, and fight pedo joe* tooth and nail, even though he is the "the most popular president ever" LMAO
[ + ] lord_nougat
[ - ] lord_nougat 3 points 2.3 yearsMar 9, 2023 16:59:22 ago (+3/-0)
[ + ] PotatoWhisperer2
[ - ] PotatoWhisperer2 3 points 2.3 yearsMar 9, 2023 17:09:10 ago (+3/-0)
[ + ] headfire
[ - ] headfire 0 points 2.3 yearsMar 10, 2023 00:42:40 ago (+0/-0)
Uncle Sloppy and his kike handlers don’t give a fuck about a debt that only White People will pay. They just want to keep the money flowing because that is how they actually get paid.
They don’t get paid unless money moves.They don’t give a fuck about your debt.
[ + ] RMGoetbbels
[ - ] RMGoetbbels 0 points 2.3 yearsMar 9, 2023 18:14:57 ago (+0/-0)*
https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/
Scroll down to Table 1 Summary of Federal Income Tax Data, 2017. << I know, it says 2017 but it's more or less the same year after year moron.
and look who actually pays the taxes of this nation. Look at all of it and understand it. Pay attention to the 72 million people(half) that only pay 3% of the taxes in this nation. Then look at the 14 million who pay SEVENTY PERCENT OF ALL TAXES IN THE US.
Yeah. So here's where you have to ask yourself, "am I a piece of shit or not?". I'm not advocating taxes at all but if we're going to talk about it let's at least be honest and informed.
[ + ] Spaceman84
[ - ] Spaceman84 [op] 0 points 2.3 yearsMar 10, 2023 16:48:05 ago (+0/-0)
[ + ] lord_nougat
[ - ] lord_nougat 0 points 2.3 yearsMar 9, 2023 16:56:27 ago (+0/-0)