Posted on 06/24/2019 8:52:13 AM PDT by Signalman
Former Vice President and current presidential candidate Joe Biden promised Saturday that on "Day One" of a Biden presidency he would repeal President Trump's 2017 tax cuts and close $500 billion on tax loopholes.
Speaking at the South Carolina Democratic Party Convention, Biden said that "Income inequities are at an all-time high and made worse by Trump's tax cuts and enormous giveaways to the top one-tenth of the 1 percent ... and it's time we start to reward work over wealth."
Outlining his policy proposals in this visit to the early primary state, Biden said the GOP-backed tax cuts, which have been heavily criticized in some quarters as beneficial only to the rich, have no socially redeeming value. He vowed to "put that money to good use."
Biden promised that, among other things, residual funds from the tax break would be put toward initiatives such as green energy research and development, two-year college tuition grants and a public-option health insurance
(Excerpt) Read more at foxnews.com ...
Wasn’t it Walter Mondull in 1984 who said the same thing...and lost 49 states?
But we won’t have to wait that long for the stock market to crash. That will happen on Nov 5, 2020 if Biden wins.
Tax tax tax !
Kill. Babies !
End cars and airplanes to save the planet !
Open the borders !
Everything for free !
( Am I missing anything?)
As long as he stays in the bubble, trump is a shoe in.
On the other hand, if this turns out to be a winning strategy, this nation is done. Stick a fork in it - and move to the country pronto. As usual, the voters would be the problem, and they are everywhere.
Before y’all laugh, remember that half the population pays little or no income taxes. Naturally, many of them are going to cheer Biden for “sticking it to rich people.”
This is simply the politics of envy in its pure form.
Biden knows his base.
Watch the major market indices throughout 2020. Of course, they follow a lot of the foolish press hype and silly polls (as they did in 2016).
Bye-bye, Biden...............
The President alone cannot repeal the tax law, can they? It would have to expire or be repealed by Congress, and then signed by the President, would it not?
TAKE AWAY ALL GUNS!...............
Biden promises to RAISE YOUR TAXES!
Put aside some cash to pick up stock bargains if Biden or any other democRAT gets elected in November 2020.
All his base are belong to us!.................
Remember he said in 2008, it’s time to be patriotic.
Yeah, you stupid Deplorables don't know how to put your own money to good use! Paying the mortgage? Buying a the car? Savings? Paying the kid's tuition? Taking a vacation? NOT ONE of those things is a "good use."
Who was it that said "We’re going to take things away from you on behalf of the common good.” when referring to earlier tax cuts?
I’d add:
* “Kill Whitey”
* “You better ENJOY PRIDE month or else”
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