US Elections (& Politics) :)

[ctgoldwing]

A little truth on Biden's tax plan - whether you like the truth or just like being gaslit by the gaslighter in chief.

From the Institute on Taxation and Economic Policy (ITEP) - an independent think tank. California, being affected the most is shown here as the example.

Biden’s plan would generate over $289 billion in tax revenue, according to research from the Institute on Taxation and Economic Policy (ITEP). About 1.9% of the U.S. population would see an increase in taxes.

The top 5% would bring in most of the tax revenue. (Graphic: David Foster/Yahoo Finance)
The ITEP data broke down the impact by state. Population has a major impact on the overall total in tax increases.

Who actually pays
With its massive population of over 39.5 million people and median income of $71,228, it’s no surprise that California would see the highest tax increases under Biden’s plan.

On Biden’s campaign website, it states that “he won’t ask a single person making under $400,000 per year to pay a penny more in taxes.”

Here’s what the ITEP research shows.

On average, the bottom 95% in California will see no change in their taxes, even though collectively their tax bill may increase or decrease, according to ITEP. It’s those in the top 5% that will see a higher bill, with those making $347,200 to $948,300 a year paying $5,310 more on average each year. Those in the top 1% would see their tax bill increase by $279,300 on average.

How Californians would be impacted. (Chart: ITEP)
In total, the state would see a $54.6 billion more in tax revenue.

 

[Oceanslider]

The fascist left cancels the Girl Scouts tweet showing ALL women appointed to the Supreme Court and congratulates Amy Coney Barrett on being the 5th Woman. But the fascist hate filled left continues its assault on American values...

 

[BobRegnar]

Biden’s plan would generate over $289 billion in tax revenue, according to research from the Institute on Taxation and Economic Policy (ITEP). About 1.9% of the U.S. population would see an increase in taxes.

It's nonsense that rich people willingly stand in line to pay for all the free shit everyone else is promised in exchange for their vote.

Rich people hire tax attorneys and accountants instead and keep as much of their own money as they can. Just like you and me.

 

[BobRegnar]

With the testimony of Tony Bobulinski, among others, it is more than clear that the CCP's candidate for US President is in position to push China to the top of the heap in world powers. Do you still think the CCP virus was an accident?

Vote the CCP's bought and compromised POS candidate out of public life once and for all.

 

[tigerwillow1]

A little truth on Biden's tax plan

For comparison let me tell you a little truth from the dems health plan:

I lost my doctor
I lost my insurance
The new insurance premium was double the old one
The new insurance deductible was 5x the old one

Based on recent history, you've got a hard sell using "truth" and "biden" in the same sentence.

 

[Jessie.slimer]

"The top 1 percent of taxpayers paid roughly $538 billion, or 37.3 percent of all income taxes, while the bottom 90 percent paid about $440 billion, or 30.5 percent of all income taxes."

Summary of the Latest Federal Income Tax Data, 2018 Update

The federal income tax data demonstrates that the U.S. individual income tax continues to be very progressive, borne primarily by the highest income earners

taxfoundation.org

There's a reason why Trump was able to get jobs back in this country, a feat that Sleepy Joe and Obama said was impossible. If you overtax them, they move jobs overseas. All Democrat run states are hemorrhaging population due to redidiculous taxation.

Creepy Joe's tax plan will cost everyone.

 

[SJGUSMC21]

With the testimony of Tony Bobulinski, among others, it is more than clear that the CCP's candidate for US President is in position to push China to the top of the heap in world powers. Do you still think the CCP virus was an accident?

Vote the CCP's bought and compromised POS candidate out of public life once and for all.

I told my wife from the very beginning that I believed and still do, that this virus was genetically enhanced and released on the world because China's economy was/is doing very badly. No tin hat here, I just don't believe it just materialized from someone eating bat soup. China could give a rats ass if they lost a million people...they would still have millions left.

 

[sebastiantombs]

^^^ Slight correction, hundreds of millions left.

 

[samplenhold]

Hillary Clinton to serve as Democratic elector for NY

This could actually turn NY red! From the article:
Former Secretary of State Hillary Clinton confirmed that New York voters who choose the Democratic ticket for president on their ballots will technically be voting for her, along with the 28 others who will serve as presidential electors if their party wins in their state.

Now most Dems will stop reading after the part that says "...will technically be voting for her..." as that is their average attention span. And just about everyone hates Clinton, especially after she had Epstein killed himself. So either they vote Trump, or just don't show up. This could work!

 

[samplenhold]

Additional thought. If Biden wins, it is common knowledge that he will leave office in a few months, for whatever reason. So one possible outcome could be that Harris picks Clinton for VP.

 

[SJGUSMC21]

Additional thought. If Biden wins, it is common knowledge that he will leave office in a few months, for whatever reason. So one possible outcome could be that Harris picks Clinton for VP.

Well, I WAS having a good day......

 

[BobRegnar]

Additional thought. If Biden wins, it is common knowledge that he will leave office in a few months, for whatever reason. So one possible outcome could be that Harris picks Clinton for VP.

That's just suicide. Literally!

 

[Ssayer]

Suicide would be having Killory as your VP pick...

 

[sebastiantombs]

I couldn't have voted for Hillabeans even if I was a Dimowit. Her voice is just too grating and the laugh is like the Wicked Witch of the West. I couldn't vote for Sleepy, Creepy, Crooked Joe for the same kind of reason. His voice, especially when he gets "agitated" is just as bad. If he wins we'll be shutting down the TVs just to avoid hearing him.

 

[David L]

A little truth on Biden's tax plan - whether you like the truth or just like being gaslit by the gaslighter in chief.

From the Institute on Taxation and Economic Policy (ITEP) - an independent think tank. California, being affected the most is shown here as the example.

Biden’s plan would generate over $289 billion in tax revenue, according to research from the Institute on Taxation and Economic Policy (ITEP). About 1.9% of the U.S. population would see an increase in taxes.

The top 5% would bring in most of the tax revenue. (Graphic: David Foster/Yahoo Finance)
The ITEP data broke down the impact by state. Population has a major impact on the overall total in tax increases.

Who actually pays
With its massive population of over 39.5 million people and median income of $71,228, it’s no surprise that California would see the highest tax increases under Biden’s plan.

On Biden’s campaign website, it states that “he won’t ask a single person making under $400,000 per year to pay a penny more in taxes.”

Here’s what the ITEP research shows.

On average, the bottom 95% in California will see no change in their taxes, even though collectively their tax bill may increase or decrease, according to ITEP. It’s those in the top 5% that will see a higher bill, with those making $347,200 to $948,300 a year paying $5,310 more on average each year. Those in the top 1% would see their tax bill increase by $279,300 on average.

How Californians would be impacted. (Chart: ITEP)
In total, the state would see a $54.6 billion more in tax revenue.

A few things come to mind, how is Sleepy/Creepy Joe, if elected, going to get any of this passed with the Republicans controlling both the Senate and House? The reason for the Huge Exodus in California is mainly due to their High Taxes and their over inflated property values in the first place. Second, what a great plan to further hurt those who are suffering during this Pandemic by raising their taxes, I would assume there are a lot of Small business owners that fall into the $347k to $948k range. And third, with Huge Lockdowns coming if Biden is elected, so yeah let's raise taxes during a Pandemic , so businesses can and will pass these tax hikes down to their employees and customers creating even more Over Inflated prices, while still remaining Rich, great plan Biden, he will remain Rich too, hmmm???. What an Idiot...

 

[bigredfish]

A little truth on Biden's tax plan - whether you like the truth or just like being gaslit by the gaslighter in chief.

From the Institute on Taxation and Economic Policy (ITEP) - an independent think tank. California, being affected the most is shown here as the example.

Biden’s plan would generate over $289 billion in tax revenue, according to research from the Institute on Taxation and Economic Policy (ITEP). About 1.9% of the U.S. population would see an increase in taxes.

The top 5% would bring in most of the tax revenue. (Graphic: David Foster/Yahoo Finance)
The ITEP data broke down the impact by state. Population has a major impact on the overall total in tax increases.

Who actually pays
With its massive population of over 39.5 million people and median income of $71,228, it’s no surprise that California would see the highest tax increases under Biden’s plan.

On Biden’s campaign website, it states that “he won’t ask a single person making under $400,000 per year to pay a penny more in taxes.”

Here’s what the ITEP research shows.

On average, the bottom 95% in California will see no change in their taxes, even though collectively their tax bill may increase or decrease, according to ITEP. It’s those in the top 5% that will see a higher bill, with those making $347,200 to $948,300 a year paying $5,310 more on average each year. Those in the top 1% would see their tax bill increase by $279,300 on average.

How Californians would be impacted. (Chart: ITEP)
In total, the state would see a $54.6 billion more in tax revenue.

I'm all for raising @ctgoldwing 's taxes

 

[David L]

For comparison let me tell you a little truth from the dems health plan:

I lost my doctor
I lost my insurance
The new insurance premium was double the old one
The new insurance deductible was 5x the old one

Based on recent history, you've got a hard sell using "truth" and "biden" in the same sentence.

Since Obamacare, we (wife and I) went from a 100% coverage Employer-Sponsored plan, at $350 per month total for both spouses, to $550 per month, with much less coverage, huge out of pocket deductible (prior 100% coverage plan had no deductible), our co-pay is double, we watched many drugs no longer being covered by Ins. so add more out of pocket cost there, also noticed on our PPO plan, our Network of Doctors/Hospitals has dwindled. I have to say, we are among the fortunate few that can even say we only pay $550 per month. EVERYONE I know, family/friends has, of course seen this same increase and some of them are getting close to $1000 a month in premiums. Thank God, Bidencare will never happen...

 

[David L]

I'm all for raising @ctgoldwing 's taxes

I second that!!!

 

[David L]

Additional thought. If Biden wins, it is common knowledge that he will leave office in a few months, for whatever reason. So one possible outcome could be that Harris picks Clinton for VP.

If that happens, we are moving to a Third World country!!! Oh wait that won't work since the Clinton's are in cahoots with half of them. Time to Squat an Island somewhere and start my own Kingdom

 

[bigredfish]

A little truth on Biden's tax plan - whether you like the truth or just like being gaslit by the gaslighter in chief.

From the Institute on Taxation and Economic Policy (ITEP) - an independent think tank. California, being affected the most is shown here as the example.

Biden’s plan would generate over $289 billion in tax revenue, according to research from the Institute on Taxation and Economic Policy (ITEP). About 1.9% of the U.S. population would see an increase in taxes.

The top 5% would bring in most of the tax revenue. (Graphic: David Foster/Yahoo Finance)
The ITEP data broke down the impact by state. Population has a major impact on the overall total in tax increases.

Who actually pays
With its massive population of over 39.5 million people and median income of $71,228, it’s no surprise that California would see the highest tax increases under Biden’s plan.

On Biden’s campaign website, it states that “he won’t ask a single person making under $400,000 per year to pay a penny more in taxes.”

Here’s what the ITEP research shows.

On average, the bottom 95% in California will see no change in their taxes, even though collectively their tax bill may increase or decrease, according to ITEP. It’s those in the top 5% that will see a higher bill, with those making $347,200 to $948,300 a year paying $5,310 more on average each year. Those in the top 1% would see their tax bill increase by $279,300 on average.

How Californians would be impacted. (Chart: ITEP)
In total, the state would see a $54.6 billion more in tax revenue.

1- ITEP is known as a liberal left wing think tank.
2- only a dumb liberal would pick “raising taxes” as his first and only contribution in cheerleading for his candidate of choice.