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Stocks sink after report says Biden will propose higher capital gains tax on the wealthy
Yahoo Finance ^ | April 22,2021 | Emily McCormick

Posted on 04/22/2021 10:52:21 AM PDT by Hojczyk

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To: Hojczyk

The ChiCom CCP Chinese Communists tax people lower than “free” America.

Most narratives are false.


21 posted on 04/22/2021 11:11:29 AM PDT by Trumpisourlastchance
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To: brownsfan

Great point.


22 posted on 04/22/2021 11:11:32 AM PDT by jstolzen
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To: jstolzen

These guys are playing for ALL the marbles at this point.

Yup, they know what is coming in 22...house goes GOP, Senate may go further dummocrate. So, it is either now or never. Whether it be the dummy mummy or legs up who is in charge, they will be stymied.


23 posted on 04/22/2021 11:11:52 AM PDT by Mouton (The enemy of the people is the media.)
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To: Hojczyk

It is nearly over...


24 posted on 04/22/2021 11:12:56 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Hojczyk

“But....but......Orange Man was a meanie...WAAAAAAAH!”


25 posted on 04/22/2021 11:13:32 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: outpostinmass2

“What I always wonder about leftist politicians. Where do they put their money to avoid taxes? John Kerry has the bulk of his money in bonds. Where is Joe Biden’s money?”

Where? The big rich are in Hedge funds and overseas, Swiss, Luxembourg and Cayman Island banks. Also, highly paid speeches in exchange for “favors” will still pay as well as ever. Foreigners own a lot of those beautiful European villas since bringing the money back to the USA means taxes.

Go to Google Earth street view and take a tour of downtown Luxembourg City. It’s quite revealing, very impressive in person.


26 posted on 04/22/2021 11:14:57 AM PDT by SaxxonWoods (Any comment might be sarcasm, or not. It depends. Often I'm not sure either.)
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To: Leaning Right
Right! Meanwhile the GOPe leaders are out having martinis at their country clubs. And they’re saying to each other, “It’s like a pendulum. They’ll be in power for awhile. Then we’ll be in power for awhile.”

Except this time it’s not like a pendulum. It’s like a runaway train.

I just said something similar to wife. McConnell and his ilk are such USELESS RELICS that they think this is just "normal" Washington politics. It's NOT. It's the far, far, far, far, FAR left controlling ALL levers of power, hell bent on ripping "traditional" America apart and replacing it with their vision of leftist (Communist) utopia.

If we even HAVE anyone actually "on our side" (which I'm candidly no longer sure about, aside from people like Jordan and maybe Cruz and/or Hawley), they'd better wake up and start fighting these radical bills and plans with everything they have - or the America we all grew up in will cease to exist.

27 posted on 04/22/2021 11:16:02 AM PDT by jstolzen
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To: outpostinmass2

The Clintons showed you how it is done.

Create a “charitable” foundation.

Then use the untaxable proceeds to pay all your expenses—forever...

Easy peasy.

Charity begins at home!


28 posted on 04/22/2021 11:16:56 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: SaxxonWoods

Don’t forget the ultimate money laundering “book deal”.

Our supposed “Conservative” Supreme Court Justice Amy just took $2 million for one.

The system has been extremely corrupt for a very long time..but the wheels have come TOTALLY off the cart at this point.


29 posted on 04/22/2021 11:18:20 AM PDT by jstolzen
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To: Oldeconomybuyer

I’m bidet-ing my time here this year. Will figure my taxes and take out the max I can out of IRA to keep below the next level.

1789 to now it has been a good run and my personal run is coming to an end soon too as older age takes out everyone eventually. Our nation is slipping below the waves and I feel powerless to do anything about it now. I feel just like my uncle who passed a few years ago: I was shooting at the wrong people during the war.


30 posted on 04/22/2021 11:19:59 AM PDT by Mouton (The enemy of the people is the media.)
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To: Hojczyk

Democrats are all economic illiterates.


31 posted on 04/22/2021 11:33:55 AM PDT by beethovenfan (Mene, Mene, Tekel, Upharsin)
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To: Hojczyk

So that’s why my crypto dropped.


32 posted on 04/22/2021 11:34:16 AM PDT by Pollard
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To: Hojczyk
This would apply to those earning at least $1 million.

At the current rate, a Happy Meal will cost $2000 and the average homeless guy living in a cardboard box will earn more than $1 million from panhandling.

33 posted on 04/22/2021 11:38:40 AM PDT by Sooth2222 (“Taxation without representation is tyranny.” -James Otis (1761))
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To: rarestia

“Wealthy’’ means anyone with a job.


34 posted on 04/22/2021 11:42:32 AM PDT by jmacusa (The result of conformity is everyone will like you but yourself.)
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To: Oldeconomybuyer

Bingo! To the Left, “the wealthy” is anyone with a steady job that pays more than minimum wage.


35 posted on 04/22/2021 11:46:08 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: Hojczyk

Considering they bought the election and colluded, well live with the results.


36 posted on 04/22/2021 11:48:35 AM PDT by redgolum (If this culture today is civilization, I will be the barbarian)
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To: Mouton

... Our nation is slipping below the waves...

Agree. What’s different today is that we’ve always had hate-America marxists, but now we have a lot more fully indoctrinated useful idiots. It took two generations to reach this point (public schools, press, social media) of slipping below the waves. It’s pervasive. It’s insane. It seems to be everywhere.

I hope to have enough gas in the tank and live long enough to see this Marxist cancer defeated. I suspect it will take a catastrophe or flash point. And just hope my kids and grandkids find a way to navigate through the wake.


37 posted on 04/22/2021 11:49:59 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: monkeyshine

WHAT?

That is going to blow up. Lock downs and now UI


38 posted on 04/22/2021 11:51:43 AM PDT by redgolum (If this culture today is civilization, I will be the barbarian)
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To: Hojczyk

And remember, the wealthy are all those not poor.


39 posted on 04/22/2021 12:03:06 PM PDT by Renkluaf
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To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; ...

all part of his plan...


40 posted on 04/22/2021 12:15:35 PM PDT by bitt (People who wonder if the glass is half empty or half full miss the point. The glass is refillable.)
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