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posted ago by gibson_mel ago by gibson_mel +18 / -0

"In 2021, the [Biden tax] proposals would increase taxes on average on all income groups"

https://www.taxpolicycenter.org/publications/analysis-former-vice-president-bidens-tax-proposals/full

"Biden’s tax plan would have a negative effect on the U.S. economy, reducing long-run GDP by 1.51 percent, lowering wages by 0.98 percent, and eliminating 585,000 full-time equivalent jobs."

https://taxfoundation.org/joe-biden-tax-increases-historical-context/

Comments (3)
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Whoopies_tds 2 points ago +2 / -0

Typical Democrat playbook

  1. Tax people for money to give away to their voters

  2. When a Republican Congress passes a tax cut, cry that only the rich people got the tax cut

  3. Keep the low IQ world oblivious to the fact that “the rich people” who work and pay taxes got the cut and poor people who pay $0.00 in taxes have nothing to cut.

I got a nice tax cut and am not in the 1% Uber rich category that Pelosi and Democrats claim are the recipients

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gibson_mel [S] 1 point ago +1 / -0

ALL INCOME GROUPS would have their taxes increased. Why are people not picking up on this?

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TheStoneOfSisyphus 1 point ago +2 / -1

Yeah, except that's a lie, too. He has proposed removing the exemption that allows 401k to be taken out pre-tax, which saves anyone that has a 401k account a good chunk of money over time.