NO, the Biden tax plan just raises taxes on those making over 400,000, and corporations. It wont impact us at all.
Me: SO now every good and service you buy is 7-15% more expensive. How will that not impact you? Where do you think the corporation that owns your apartment is going to get that 7% extra from?
We then kept going and he realized that by just increasing the corporate tax Biden would actually be increasing the cost of healthcare, health insurance, and prescription drugs as well.
They all focus around the tax of people making $400k+ a year but the real issue is the corporate tax rate. Go ahead and go on Reddit and say you aren’t voting Biden because he is raising taxes and watch as they all flock to tell you that it’s only for people pulling $400k or more annually.
Nobody gives a fuck about the $400k income tax. It’s the corporate tax that will fuck everyone, even if you live off government benefits.
From liberal "friends":
NO, the Biden tax plan just raises taxes on those making over 400,000, and corporations. It wont impact us at all.
Me: SO now every good and service you buy is 7-15% more expensive. How will that not impact you? Where do you think the corporation that owns your apartment is going to get that 7% extra from?
Lib: Out of their profits.
Me: Just stares
Lib: OMG my rents going to go up
We then kept going and he realized that by just increasing the corporate tax Biden would actually be increasing the cost of healthcare, health insurance, and prescription drugs as well.
And not to mention that Biden will let the Trump tax cuts expire making it a defacto tax increase across the board.
They all focus around the tax of people making $400k+ a year but the real issue is the corporate tax rate. Go ahead and go on Reddit and say you aren’t voting Biden because he is raising taxes and watch as they all flock to tell you that it’s only for people pulling $400k or more annually.
Nobody gives a fuck about the $400k income tax. It’s the corporate tax that will fuck everyone, even if you live off government benefits.