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Post by illinoisfisherman on Apr 15, 2024 5:46:48 GMT -5
If re-elected Biden has planned these initial tax increases. Read the effects if you think they won’t affect you. Tax cuts have proven over and over to stimulate the economy and eventually result in more tax revenue. I don’t understand why this administration doesn’t take this proven course. taxfoundation.org/research/all/federal/biden-budget-2025-tax-proposals/ |
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Post by richm on Apr 15, 2024 5:58:26 GMT -5
Just playing out of the Democrat playbook. Increasing taxes to hand the money to other people is what it is.
If he gets the "unrealized gains" tax, the country is effed. Imagine the folks who bought houses for $100k and now they are worth $500k... Pay taxes on the $400k diff along with property tax increases and the ever-climbing insurance. Most folks would roll over and ask for a scratch cause that's all they'd have left.
How can he not be trying to destroy this country?
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Post by luapnor on Apr 15, 2024 10:45:51 GMT -5
Unrealized should shake out as unconstitutional.
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Post by biminitwisted on Apr 15, 2024 11:45:56 GMT -5
Who can even remember who paid the tariffs under Trump to the point where farmers had to be bailed out by the government?
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Post by biminitwisted on Apr 15, 2024 11:46:53 GMT -5
Who can even remember who let the child tax credit expire?
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Post by meateater on Apr 16, 2024 13:20:51 GMT -5
i think the tax increases are a real thing, my accountant told me last week its not gonna be good for middle to upper middle class. who knows.
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Post by luapnor on Apr 16, 2024 13:24:19 GMT -5
Why do you think the IRS wants to know if you are simply holding Bitcoin? Not selling it but holding it. Lots of ", unrealized" tax dollars sitting out there waiting to be taken.
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Post by OhMy on Apr 16, 2024 14:00:32 GMT -5
I really wish we had less government. So much waste requires so many taxes.
I was with a woman yesterday who was bitching she owed $1500 on her taxes.
I told her not to bitch but be happy. That could buy the Ukrainians a few guns and some ammo courtesy of your hard work.
She (a democrat) said yeah, fuck that. I am not here to fund Ukraine.
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