WP: President Biden Lies About Tax Increases

Joe Biden has kept saying his tax increases would only effect those earning over 400K a year, but now they plan to increase federal excise taxes on tobacco products, including vaping. Smokers in America tend to be lower and middle income, so this will hit them right in the pocketbooks. A dollar a pack increase is expected.

It’s also never mentioned that the $400k number is not per individual, it’s per couple. $200k is the number per individual and if you live in an overpriced leftist hell hole like NYC, you are not rich.

The other fact that the uninformed CNN viewers and consumers of other fairy tail news fail to understand is that it will be consumers who pay for the vast majority of tax increases for big business. Every citizen from the richest to the poorest will pay more. Then add in the self inflicted inflation and we are headed for some very hard times thanks to these morons.

We were heading there anyway,the lockdowns, the irrational exuberance of the stock market,the"funny money"Ponzi scheme,the past POTUS presenting a false narrative about the pandemic...it will be gone
just like a miracle,let's OPEN for Easter Sunday. IF it is too good to be true (the heights of the stock market)
then U KNOW a 10 or 15 % CORRECTION IS AROUND THE CORNER.

Sorry HA, I’m not following your train of thought here. What does any of that have to do with Biden raising taxes on pretty much every American (directly and indirectly)?

Rick wrote: It’s also never mentioned that the $400k number is not per individual, it’s per couple. $200k is the number per individual and if you live in an overpriced leftist hell hole like NYC, you are not rich.

The other fact that the uninformed CNN viewers and consumers of other fairy tail news fail to understand is that it will be consumers who pay for the vast majority of tax increases for big business. Every citizen from the richest to the poorest will pay more. Then add in the self inflicted inflation and we are headed for some very hard times thanks to these morons.

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HEADED FOR HARD TIMES....my reply was directed to this statement

Ok, so why don't you ever condemn the people who are pumping all this dollar killing money into the economy? It's not some computer program doing this, it's actual people we can point to.

"HEADED FOR HARD TIMES....my reply was directed to this statement"

Where is the official translator.

I have no idea what makes this comment germane to the topic. Someone please explain.

homeagain wrote: We were heading there anyway,the lockdowns, the irrational exuberance of the stock market,the"funny money"Ponzi scheme,the past POTUS presenting a false narrative about the pandemic...it will be gone
just like a miracle,let's OPEN for Easter Sunday. IF it is too good to be true (the heights of the stock market)
then U KNOW a 10 or 15 % CORRECTION IS AROUND THE CORNER.

OH, please let me reiterate .....AND there is THIS.....supply chain (globally) is screwed,do U not think that the
combination of critical factors culminating R reason for the "heading for hard times?"

America returning to lockdowns and vaccine passports might just help out the supply chain. People will start saving their money again, go back to hiding in their homes. Thanksgiving and Christmas will be quiet affairs with senior citizens sequestered in their communities. One university that already required 100% vaccination has closed down their dining halls. How soon before a majority of schools return to online learning again?