Except that still does little to the super wealthy anyways. Most of people in that class do NOT get income from payroll. More dividends, royalties and such. What is more terrifying is that 10% increase to small businesses. Its such a blatant move to hurt income upwards mobility for small business owners. Which of course stifles job growth further and only further enables corporations that can play tax offshore evasion anyways.
This is further proof all that basterd wants to do is wreck this country.
Sounds like the middle class with all the inflation going on recently. The super rich won't be affected. Their companies are registered offshore in tax heaven so no corporate tax. Payroll tax, nah they don't pay that. Small business tax, nope these are big businesses.
Capital gains tax, well if they had any money left after buying stocks, property, land, precious metals, a yacht, private jets, fancy cars etc, then yes, this tax would affect them. Assuming they withdraw any of their profit to an American bank account instead of just keeping it in their offshore account.
never underestinmate how retarded liberals are. they always believe anything politicials say. they litearlly think "i won't be affected by this. it's only those rich assholes". Literally there is an old john stossel video about the "fair share" of taxes and everyone thinks the top 1% pay less tahn 5% of taxxes but it's something like 35%. lefties know NOTHING.
According to the plan thats for high income earners only. 1,000,000 yearly or more.
Anyway. The estate and dividend taxes will hit most people as well as the trump tax cuts being removed. Those gave a break to literally everyone with a job.
The small business taxes will run people outta business or make the products higher cost.
52% income tax.
The government's going to take over half of what little I make.
Damn these liberals for voting for biden.
Nah, that’s for those making a million a year or more v
Except that still does little to the super wealthy anyways. Most of people in that class do NOT get income from payroll. More dividends, royalties and such. What is more terrifying is that 10% increase to small businesses. Its such a blatant move to hurt income upwards mobility for small business owners. Which of course stifles job growth further and only further enables corporations that can play tax offshore evasion anyways.
This is further proof all that basterd wants to do is wreck this country.
Yeah I know, and I know several small business owners that voted for Biden and celebrated when he was inaugurated. Unbelievable!
And when/ if all this comes to pass, they're gonna try and blame Trump.
Sounds like the middle class with all the inflation going on recently. The super rich won't be affected. Their companies are registered offshore in tax heaven so no corporate tax. Payroll tax, nah they don't pay that. Small business tax, nope these are big businesses.
Capital gains tax, well if they had any money left after buying stocks, property, land, precious metals, a yacht, private jets, fancy cars etc, then yes, this tax would affect them. Assuming they withdraw any of their profit to an American bank account instead of just keeping it in their offshore account.
And now you know why they’re importing a new permanent under class? Because this will never impact them, especially if they live off universal income.
Doubling capital gains tax = market crash as everyone sells stock before the law changes.
That's just it - most people didn't.
never underestinmate how retarded liberals are. they always believe anything politicials say. they litearlly think "i won't be affected by this. it's only those rich assholes". Literally there is an old john stossel video about the "fair share" of taxes and everyone thinks the top 1% pay less tahn 5% of taxxes but it's something like 35%. lefties know NOTHING.
Move that red arrow up! Income tax affects every single working American.
So tired of this bullshit.
According to the plan thats for high income earners only. 1,000,000 yearly or more.
Anyway. The estate and dividend taxes will hit most people as well as the trump tax cuts being removed. Those gave a break to literally everyone with a job.
The small business taxes will run people outta business or make the products higher cost.
If covid didnt kill the small businesses then this will be the headshot.
Looks like I’ll have to give another 12% to the “Big Guy”.
They think this is a "good thing" because "punish the rich." Stupid socialist Robin Hood morality.
A minority owner in your own life
This won’t pass