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.
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.