Posted on 08/19/2022 8:27:57 AM PDT by Starman417
Biden keeps saying it and every day it is tweeted by the White House
Under President Biden’s Inflation Reduction Act, big corporations will now pay a 15% minimum tax – so they can’t pay $0 in federal income taxes. And, no one earning less than $400,000 a year will pay a single penny more in federal taxes.
— The White House (@WhiteHouse) August 18, 2022
Politifact says he said it.
Biden has repeatedly promised that people making less than $400,000 would not see their taxes raised under his plan. Although a video that showed him saying that people making less than a $400,000 won’t “pay a single penny in taxes” is real, the president clearly misspoke during this portion of his speech.Janet Yellen said it.
Karine Jean-Pierre promised it.
Some people believe it. Thing is, anyone who knows Biden for any length of time knows that he an inveterate liar.
Since then, there are decades of his lies
‘If you get vaccinated, you won’t get COVID.’
The Southern border is closed.
“I have never spoken to my son about his overseas business dealings.”
The list is far too long to attempt to compile in a single post.
Then we come to the fine print in the law.
White House economic adviser won’t say if 87,000 new IRS agents will audit those making under $400,000
(Excerpt) Read more at Floppingaces.net...
“The biggest scam in the Inflation Reduction Act”
The biggest scam is the Inflation Reduction Act
Change one letter and the truth comes out.
That’s The Joek’s diaper-filling face...
I think the 87k agents are to implement a total financial surveillance society using the programable digital currency they are seeking to force on us. So initially, those 87k “agents” might not be actually auditing. But what I believe they will be doing is far, far worse.
Correct.
It is every man for himself.
(Women and trannies hardest hit?)
with millionaires being defined as though making 250,000 over four years, people making 20,000 a year for 20 years fall under their audit ability
15% Corporate Income Tax? Corporations don’t pay taxes. Taxes are an expense and expenses are passed on to customers (otherwise companies would go out of business).
If the IRS questions this, simply tell them "The President of the United States directed me NOT to."
Done.
And in other news, the chocolate ration was increased to 20 grams a week!
The entire bill is a scam.
If the GOP is able to overcome election fraud and rigging, when they take control of WH in Jan 25, they redeploy those agents under “Operation Lois Lerner”. This is an audit/investigate all the leftist 501c3 and unions, Clinton Foundation, and all mega-rich leftists like Bill Gates, Rob Reiner, Nancy Pelosi. The demonkraps started this game, the GOP needs to finish it.
The IRS is going to come after the middle class, and Hell’s coming with it.
The Inflation Reduction Act is signed so the Democrats have already forgotten about and are moving on to their next scam billions in upgrades to power grid for widespread EV adoption
Trudeau said something strange about the EV tax credit for Canadian made EVs ? What ?
It sounds like Trudeau recognizes that most cars made in Canada run on fossil fuels, so US tax credits for electric vehicles disadvantage Canadian cars and are therefore discriminatory and violate trade agreements, but I'm not sure, and you could probably find out more on your own.
https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
Wonder how many millions in the Inflation Reduction Act went to fund party member in the run for office.
Strange some how all of a sudden internet donations are on the up tick big time?.
OK this piece of garbage legislation has passed. Now with a quite likely Congressional majority in November, what will the GOP do to derail this handcart to hell? Defunding the IRS to stop the hiring of the financial Gestapo would be a good start. Passing a new tax bill banning any tax increases for two years would be another good start. However, I have little confidence the GOP leadership will do much of anything.
I don’t see a lot of rich counties on that map.
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