$4.1 TRILLION

Last night Biden proposed spending $4.1 trillion,( $1.8 on education, child care, etc, $2.3 on infrastructure). Do you believe that raising taxes on the capital gains of individuals making more than $1 million will pay for this increase in spending?

Already 90% of income tax receipts come from the Top 1%. And now Biden wants to tax them even more.

Back in the 1960's, the UK's taxes were so high, especially on artists, that the Beatles all fled their homeland. Biden's kleptocracy will drive even more American job creators to places like Costa Rica and other tax havens like Ireland.

DON’T FALL FOR THE RIGHT’S FAVORITE LIE ABOUT TAXES

You’ve probably encountered propaganda using extremely misleading statistics to claim that the U.S. tax system is soaking the rich. It’s not.

theintercept.com/2019/04/13/tax-day-taxes-statistics/

Oops!
Missed this portion of the Biden Plan:

Biden plans to raise the top tax rate to from 37% to 39.6% for families with taxable income above $509,300, and for individuals above $452,700, to help fund his $1.8 trillion American Families Plan, the official said.

www.axios.com/biden-tax-threshold-marrie...45-dd12653deee9.html

Does anyone on here fit in that category?

That's 10% BELOW the top tax bracket under Reagan.

IF u fit into the HALF A MIL bracket or more, TAXED appropriately is required. THAT is alot of money,
even shark tank thinks so,when asking for equity in a capital venture....AMATEURS will come in
with 7 1/2 or 10 percent equity and get NAILED to the wall...ALL will say they have a problem with the evaluation.

"IF u fit into the HALF A MIL bracket or more, TAXED appropriately is required."

Once again, HA, please tell us what "TAXED approrpriately" means in terms of either tax rate or dollar amount. Also why is it required?

To Wayne, why do you want to know the income of people on this thread ? Would you also like our ethnic background, color of our skin?

He would do so by raising the top income and capital gains tax rates, changing the taxation of wealthy estates, closing so-called tax loopholes and focusing audits of the rich to prevent tax evasion.

All told, the American Families Plan would raise $1.5 trillion over a decade by taxing the highest earners, according to the White House.[

39.6% INSTEAD 0F 37.....BOLDED IS MANDATORY.

required FAIR SHARE, start reducing the INEQUALITY of no tax/little tax paid.... WHILE the poor smuck gets
stuck with FULL TAXATION.

ramage wrote: To Wayne, why do you want to know the income of people on this thread ? Would you also like our ethnic background, color of our skin?

No, but I do want your shoe size.

The utter stupidity revealed here about the Federal Government's Fiscal Irresponsibility here is breathtaking.

sigh.

Last post.