Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

How Bidenomics’ Shock Taxes Will Make You Much Poorer
Issues and Insights via Real Clear Markets ^ | 11/02/2020 | staff

Posted on 11/04/2020 4:11:00 PM PST by Kid Shelleen

Facing perhaps their most important election ever, Americans have much to worry about: Urban riots and political violence, a loss of respect for our basic constitutional rights and American institutions, and the spate of socialist-inspired radical policy proposals from the Biden campaign. Here’s one more thing: the ruinous taxes you’ll have to pay for the left’s socialist wish-list if Joe Biden wins.

A recent study by a group of highly regarded economists at the Hoover Institution, including two former members of the Council of Economic Advisers, found that the full panoply of Biden’s policy proposals — Medicare for All, big tax hikes on the wealthy and the working poor, the massively expensive Green New Deal, and thousands of impending regulations — would have devastating consequences for the U.S. economy.

(Excerpt) Read more at issuesinsights.com ...


TOPICS: Business/Economy
KEYWORDS:
Navigation: use the links below to view more comments.
first 1-2021-28 next last
Issues and Insights was by started by seasoned veterans from Investor’s Business Daily.
1 posted on 11/04/2020 4:11:00 PM PST by Kid Shelleen
[ Post Reply | Private Reply | View Replies]

To: Kid Shelleen

Who would have thought our last hope would be the Senate to shield us?


2 posted on 11/04/2020 4:13:43 PM PST by datura
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kid Shelleen

Taxes?

The country is lost if we let him enter the WH.

The sickest things will become normal.

Christianity will be the target.

Trillions will be spent, the US sells out even more to China...freedoms disappear.

Twitter and FB and msm will decide what we can and cannot do, say or watch.

This is it guys.

It’s win here or America is gone


3 posted on 11/04/2020 4:15:59 PM PST by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: datura

Who would have thought our last hope would be the Senate to shield us?

*************

I wouldn’t be so sure it will.


4 posted on 11/04/2020 4:17:09 PM PST by Starboard
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kid Shelleen

Suggest putting at least some of your assets into gold. Its not just the taxes. There will be endless rules and regulations that will mightly hamper the productive economy. There will be immense government spending, endless diversion of tax dollars to rotting Democrat controlled urban centers. Inlation will erode your wealth. The stock market will decline.


5 posted on 11/04/2020 4:17:55 PM PST by allendale
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kid Shelleen

Hmmm. I wonder if his supporters in Beverly Hills/follywood have a special exemption for the “Making over +$400K” tax increase he’s promising. You know for their fair share. Also, any mention of ending subsidies to wind and solar? Like this fiasco:

https://www.msn.com/en-us/news/technology/the-dollar1-billion-solar-plant-is-an-obsolete-expensive-flop/ar-BBYQ7JS

Pretty sure the 50% renewable by 2030 constitutional amendment just passed in NV. Not sure what the consequences will be if unmet. No doubt it will cause us electricity customer though.

Green deal can phu cough!


6 posted on 11/04/2020 4:18:33 PM PST by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
[ Post Reply | Private Reply | To 1 | View Replies]

Comment #7 Removed by Moderator

To: dp0622

The Left has been trying to normalize pedophila for quite some time. Does anyone think Joe won’t push this?? Pedophile-in-Chief........have you seen the way he fondles young girls?? Makes me want to wretch.


8 posted on 11/04/2020 4:19:25 PM PST by originalbuckeye ('In a time of universal deceit, telling the truth is a revolutionary act'- George Orwell.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: datura

>>Who would have thought our last hope would be the Senate to shield us?

No worries. Collins, Murkowski, et al. have always been reliable GOP votes. /s


9 posted on 11/04/2020 4:21:30 PM PST by vikingd00d (chown -R us ~you/base)
[ Post Reply | Private Reply | To 2 | View Replies]

To: warsaw44

.


10 posted on 11/04/2020 4:22:01 PM PST by warsaw44
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kid Shelleen

Just wait until everybody with a 401k loses their retirement.


11 posted on 11/04/2020 4:26:44 PM PST by Excuse_My_Bellicosity (Liberalism is a social disease.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dp0622

This is it guys.

It’s win here or America is gone

****************

The country has been sliding downhill for a long time but last night was the final wake up call. Our way of life and our freedom is at stake. The moment is upon us now.

As in all contests those with the strongest will to win usually do. We must prevail.


12 posted on 11/04/2020 4:27:40 PM PST by Starboard
[ Post Reply | Private Reply | To 3 | View Replies]

To: Kid Shelleen

What about the devastating hit a suburban family would pay take in the cost of gasoline. A two car family driving 30 miles each a day, assuming mpg of 30 and $5/gas, would pay an additional $2190 per year.


13 posted on 11/04/2020 4:28:52 PM PST by hardspunned (MAGA, now more than ever)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Excuse_My_Bellicosity

Anyone who voted for BiteMe deserves to lose their retirement.


14 posted on 11/04/2020 4:29:27 PM PST by dfwgator (Endut! Hoch Hech!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: allendale

Imagine the specter of immense and uncontrolled spending on top of our already astronomical debt, deficit and unfunded liabilities. You’re right; inflation is on its way.

Tough economic times ahead. If not worse.


15 posted on 11/04/2020 4:33:04 PM PST by Starboard
[ Post Reply | Private Reply | To 5 | View Replies]

To: hardspunned

Also natural gas. Natgas prices are down to what they were 25 years ago, and that’s ignoring inflation. So really it’s cheaper. Add in some Green New Deal, that goes away and prices double or triple or quadruple. Bet on it.


16 posted on 11/04/2020 4:34:29 PM PST by FreedomPoster (Islam delenda est)
[ Post Reply | Private Reply | To 13 | View Replies]

To: BillyCuccio

Don’t fedpost. But, you will still have a month to buy guns & ammo, and find a good spot to bury them.


17 posted on 11/04/2020 4:34:43 PM PST by Mr. Blond
[ Post Reply | Private Reply | To 7 | View Replies]

To: All

Biden at the very least give a blanket amnesty to illegals (senate republican’s won’t attempt to stop him). Then its basically over for the country ,no republican will ever be able to win a national election again.


18 posted on 11/04/2020 4:35:39 PM PST by escapefromboston (Free Assange)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dp0622
Taxes? The country is lost if we let him enter the WH. The sickest things will become normal. Christianity will be the target. Trillions will be spent, the US sells out even more to China...freedoms disappear. Twitter and FB and msm will decide what we can and cannot do, say or watch. This is it guys. It’s win here or America is gone

Partner, we agree on all your statements above.

We need to get President Trump over the top.

What I do not understand is that 138,000 votes were found and all for Biden.

We need to find out if these were counted since they were found. Hard to believe.

19 posted on 11/04/2020 4:41:37 PM PST by TheConservativeTejano (The Business of America is Business...)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Starboard
The country has been sliding downhill for a long time but last night was the final wake up call. Our way of life and our freedom is at stake. The moment is upon us now. As in all contests those with the strongest will to win usually do. We must prevail.

Partner, this country has been sliding down.

The DemonRats were cheating all the time.

20 posted on 11/04/2020 4:46:02 PM PST by TheConservativeTejano (The Business of America is Business...)
[ Post Reply | Private Reply | To 12 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-28 next last

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.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson