Quote (Thor123422 @ 3 Feb 2021 02:45)
He's saying if you want taxes to be higher you can pay it yourself.
because he's an idiot.
Quote (theCrossbones @ 3 Feb 2021 02:58)
you can't read a simple article that lays out how the trump plan now increases taxes?
Or remember this EXACT thing was talked about when it passed.
brownshirt.
Quote (oRAnGeInAbOx @ 3 Feb 2021 02:09)
tax in question:
https://www.nytimes.com/2020/10/31/opinion/republicans-biden-taxes.htmlso trump raised taxes on those making <75k/year effective at some points during the Biden Admin.
why can't biden or the democratic controlled congress revert this? also why is neither side talking about this? blues hate trump and reds should hate raised taxes.
really wish sanders won,its all just one big establishment built to fuck over the common person or is there something im misunderstanding?
op clearly wants even higher taxes with wanting a Sanders presidency.
middle-class tax cuts are almost always set to expire after a certain time and they almost always get extended or re-worked in minor fashion to keep them low. this is nothing new:
https://www.epi.org/blog/bush-tax-cuts-stay/Code
the Bush-era income tax rate cuts have been made permanent for all taxpayers earning less than $400,000 ($450,000 for joint filers), making them a permanent part of the legislative landscape moving forward.
The Bush tax cuts, passed in 2001 and 2003, were designed to sunset after 2010 so they could pass Congress through the reconciliation process. They were extended by President Obama through 2012 so as to not raise taxes during the recession/weak recovery
https://money.cnn.com/2017/12/20/pf/taxes/tax-cuts-temporary/index.htmlCode
But don't worry, they say. A future Congress won't let middle class tax cuts expire. Recent precedents -- like the oft-extended Bush tax cuts -- suggest they may be right.
@duhcrossbones and thor: you are out of your depth here. anything related to economics or money you both fall apart with emotional arguments when it’s about math and logic
This post was edited by excellence on Feb 2 2021 02:10pm