Posted on 07/18/2020 9:34:38 AM PDT by amnestynone
Wall Streets not this amorphous, unified blob, but the majority of people I talk to on Wall Street think its worth taking the hit to get Trump out of office. They view him as an existential threat. Thats one Wall Street banker explaining to Vanity Fair in an interview how, from his perspective, his peers are gladly preparing to navigate markets under a Joe Biden presidency. Theyre saying, Wed like to see Biden crush Trump, he continued, adding that he doesnt want Democrats to take control of the Senate. In his world, legislative gridlock is a good thing and voting for Republicans to keep the Senate is basically making sure nothing radical happens. The Vanity Fair source gave a nod to Biden despite the fact that the deep-pockets of Wall Street would likely get hit by an overhaul of Trumps 2018 tax plan because it would means higher taxes for the wealthy and corporations, as well as on capital gains.
(Excerpt) Read more at msn.com ...
I meant we should raise their taxes!
?
They really think theyre in charge
Whos this we
They taking a hit? Poor babies, lose some commission that supplements their high 6 figure salaries.
What is taking place is the final solution for Americas middle class.
Once again, proving that big business and big government go hand in hand.................
Add a “I’m a Progressive Liberal: Double my Taxes” check box to the tax forms.
Then go after progressives who don’t fess up for perjury....
Wall Street bankers: Well gladly pay higher taxes to get rid of the existential threat that is Trump
__________________________________________________
It’s so funny how conservatives once crowed about the virtues of taxing these big-business and banker cretins “fairly”. All the while these self-absorbed merchants were scheming for ways to sell out their countrymen. Seeing them for who they are has been a real eye-opener over these last few years.
If Biden wins what will happen is that your kids grown up in a dictatorship. A real one.
Someone on here said these people don’t pay taxes to begin with.
They finagle things so that they take out loans to finance their lifestyle.
What will they pay to get rid of China?
We need to end the Federal Reserve. Constant money printing, massive debt, QE and yield suppression benefit mostly political and connected, crony capitalists in Washington DC and Wall Street.
China talking.
FU Wall Street! Your millionaire-ass vote is worth exactly the same as mine. You and I Are EQUAL!! GTFO of the way of the majority of the American people and their will!
Indeed.
Booming economy.
Booming stock market.
Wall Street says they see an existential threat? Only because China tells them to say that.
Greedy sociopaths
These same Wall Street bankers and financial wizards have also bet heavily on their China investments especially through pension fund and large private clients. If Biden is elected, the CCP bankers will be able to count on the inflow of US dollars to prop up their trillions in losses from failed real estate projects in China. If Trump is able to ban investment in Hong Kong listed companies, the inflow dries up and the Ponzi scheme collapses with the Chinese economy. Goodbye pension funds. Goodbye Wall Street bankers.
The historic floods this year in the Yangtze river valleys may well destroy Chinese harvests this year and accelerate this collapse without Trump’s help.
Trump’s tax cut, combined with the SALT changes, was politically disastrous. It caused a massive non-crisis-related increase in the budget deficit and tax increases for people with a bunch of tax deductions that were eliminated/reduced. It’s likely the key factor in the flip to the Democrats during 2018 mid-term election. 2 years later, it’s unlikely that any of the people hit by tax increases has forgotten the annual hit to their pocketbooks (due to a major cut in their deductions). You can say that they deserve to pay more taxes because they live in big-spending blue states. What you can’t do is prevent them from signaling their displeasure by voting against Trump.
The Deep State of corporations and other controlling entities of our government can't control President Trump... as they have other presidents and WILL CONTROL JOE BIDEN.
Now there is a slogan that will get the Bernie crowd can rally around Biden.
Should be Biden’s new slogan: “The preferred candidate of Wall Street Bankers.”
That ought to play well with his Democrat base.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.