$4.1 TRILLION

29 Apr 2021 07:42 #1 by ramage
$4.1 TRILLION was created by ramage
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?

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29 Apr 2021 08:44 #2 by FredHayek
Replied by FredHayek on topic $4.1 TRILLION
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.

#35

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29 Apr 2021 08:51 #3 by Wayne Harrison
Replied by Wayne Harrison on topic $4.1 TRILLION
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/

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29 Apr 2021 09:07 #4 by ramage
Replied by ramage on topic $4.1 TRILLION
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

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29 Apr 2021 10:14 #5 by Wayne Harrison
Replied by Wayne Harrison on topic $4.1 TRILLION
Does anyone on here fit in that category?

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

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29 Apr 2021 11:53 #6 by homeagain
Replied by homeagain on topic $4.1 TRILLION
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.

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29 Apr 2021 13:49 #7 by ramage
Replied by ramage on topic $4.1 TRILLION
"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?

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29 Apr 2021 14:21 - 29 Apr 2021 14:27 #8 by homeagain
Replied by homeagain on topic $4.1 TRILLION
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.

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29 Apr 2021 16:28 #9 by Wayne Harrison
Replied by Wayne Harrison on topic $4.1 TRILLION

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.

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29 Apr 2021 18:35 - 29 Apr 2021 18:37 #10 by LOL
Replied by LOL on topic $4.1 TRILLION
The utter stupidity revealed here about the Federal Government's Fiscal Irresponsibility here is breathtaking.

sigh.

Last post.

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Republicans are red, democrats are blue, neither of them, gives a flip about you.
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