Usury rate is what that is. Bone crushing, business killing rate.
My taxes went up under Trump. I expect nothing less from Brandon.
A DemocRat never met a tax he/she/it/thing didn’t like.
A tax increase on small businesses is especially damaging in several ways. I had a small business, as small as can be, the only employee was me, a company of one. The taxes I paid were obscene, and I had to pay all of the Social Security, twice as much as a company employee. And, because I was the president, I was unable to collect unemployment even though I had to pay into it. Small businesses struggle to make a profit with the rising costs of everything, have to let some employees go, which means everyone left has to work harder. Our government only caters to big business where payoffs, kickbacks, favors, etc. are available.
V.I. Lenin
This is on top of the carbon taxes we're already paying, such as the RIN (Registered Identification Number) tax that refineries pay per gallon of gas (passed onto the consumer). This new tax would be on all energy, including power to charge the EV's the Dims are trying to force people into.
Why the need for tax increases when you can just print whatever money you want?
A healthy, growing middle class doesn’t require a Deep State.
We pose a threat to Deep State.
Deep States worldwide are dealing with the threat we pose by annihilating us financially.
Trump is the only person standing between us and them.
The Fed just prints all the money they need anyway, they don’t actually need the taxes except to punish you.
Interest on the federal debt is now so immense that it's consuming 40% of all personal income taxes. The largest source of revenue for the federal government is increasingly being devoted to just servicing the debt, not even paying it down.
The problem is getting worse daily . . .
US national debt tracker for April 12, 2024: See what American taxpayers (you) owe in real time
Thanks to a combination of high inflation, rising interest rates and unrelenting growth in the national debt, interest payments are expected to triple from nearly $475 billion in fiscal year 2022 to a stunning $1.4 trillion in 2032.
Given that the left refuses to cut spending on wasteful communist-socialist pogroms and too many politicians overall refuse to cut spending on pork . . .
Some time within the time-span of mid 2027 on up to mid 2029, all of personal income taxes will be paying all of the interest on the national debt. None of personal income taxes, will be paying down the national debt.
Taxation without representation. Inflation without representation. Invasion without representation.
And then the tax on unrealized gains will steal the rest.
-PJ
Anyone else remember when Pelosi promised “real middle class tax cuts” after bashing the first tax relief for us in years as “crumbs”? All we had to do was elect democrats..
Like the Hildabeast said,we have a lot of things we want to spend your money on.
Can’t imagine all the gay crap this assclown would spend my money on
BTTT
“...fundamentally change...”
Interesting words from Obama...
Shame we don’t have an actual opposition party to the Stat/Fasc/Commun-ists that actually/actively work to adhere to/enforce the Constitution & thus require LESS taxes overall (for LEGAL govt ‘needs’)
“Oddly”, the ‘...most important election EVER/any (R) is better than a (D)/throwing vote away via 3rd party...” brigade is kinda quiet these days.
>>>...”Biden also promises to increase the tax on Subchapter S corporations, partnerships and all “pass through” businesses,”...<<<
You mean like 28 shell corporations used for money laundering and nothing else?................