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What These Wannabe Dem Presidents Plan For U$
Hot Air ^ | 9 May 2019 | Andrew Malcolm

Posted on 05/10/2019 2:54:27 PM PDT by Rummyfan

• Slap a new tax on banks with more than $50 million in assets. Kamala Harris especially likes this one, which would bring in an estimated $61 billion. Banks are big and bad, unless you want or have home mortgage.

• Increase by 88 percent the amount of income Americans must pay Social Security taxes on from the current $132,900 up to at least a quarter-million. Maybe more. Yeh, sure, some middle-class families will be caught in the cash net. But see, silly person who doesn’t understand how government works, they’re spending all the current Social Security tax income already. So, they need more for new programs, probably another $800+ billion.

• People are making too much money from investments that can help create jobs. So, jack the capital gains by 50 percent to 30 percent. That might rake in more than $600 billion, assuming it doesn’t stop much investing..

• And let’s cut into that mortgage interest tax deduction. Too many Americans are owning or buying homes and affording it. That’s worth a good $972 billion at least.

• Here’s a good one: Hike the federal tax on a gallon of gasoline by “only” 10 cents, which is actually 65 percent. This should bring in another $170 billion. Sure, it hits regular working folks the hardest, but we all must make financial sacrifices for the greener good. Also, tell town halls the money will pay for infrastructure repairs. That’s a good line. Some Republicans might even go for it, unless they know Grover Norquist.

• Oh, and index that enlarged gas tax to inflation so it’ll increase automatically forever and politicians won’t have to wait another 26 years for new revenues.

• Finally ... let’s install a value-added tax.....

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


TOPICS: News/Current Events
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1 posted on 05/10/2019 2:54:27 PM PDT by Rummyfan
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To: Rummyfan
What These Wannabe Dem Presidents Plan For U$

Drain the U.S. of all the money they can and then kill America dead. Dead dead.

2 posted on 05/10/2019 2:56:45 PM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ and our Free Constitutional Republic!)
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To: Rummyfan

Let me tell you how it will be
There’s one for you, nineteen for me
‘Cause I’m the taxman, yeah, I’m the taxman

Should five per cent appear too small
Be thankful I don’t take it all
‘Cause I’m the taxman, yeah I’m the taxman

If you drive a car, I’ll tax the street,
If you try to sit, I’ll tax your seat.
If you get too cold I’ll tax the heat,
If you take a walk, I’ll tax your feet.

Don’t ask me what I want it for
If you don’t want to pay some more
‘Cause I’m the taxman, yeah, I’m the taxman

Now my advice for those who die
Declare the pennies on your eyes
‘Cause I’m the taxman, yeah, I’m the taxman
And you’re working for no one but me.


3 posted on 05/10/2019 2:56:59 PM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents_Know Islam, No Peace-No Islam, Know Peace)
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To: Rummyfan

This crap will sure bring the economy to a screeching halt, but I guess that’s what these morons want.


4 posted on 05/10/2019 3:02:20 PM PDT by colorado tanker
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To: Rummyfan

The problem that these clowns have is that they have to convince the majority of voters to like their plans. I don’t think they really believe their own B.S. They are trying to consolidate their base. They really are the textbook example of evil.


5 posted on 05/10/2019 3:10:37 PM PDT by HighSierra5
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To: Rummyfan
slap a tax on banks with more than $50 million in assets.

uhhh . . . that would be damn near all of them. . . .

6 posted on 05/10/2019 3:12:22 PM PDT by RatRipper
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To: colorado tanker

In their demented and warped minds, they see a dead economy as a good thing.


7 posted on 05/10/2019 3:21:48 PM PDT by wally_bert (Disc jockeys are as interchangeable as spark plugs.)
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To: wally_bert

They sure seemed to enjoy Obama’s eight years of no growth. Those of us working for a living weren’t so thrilled, though.


8 posted on 05/10/2019 3:24:26 PM PDT by colorado tanker
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To: colorado tanker

I know of several dim wacko liberals who thought the wun’s brilliant leadership was the best thing ever.


9 posted on 05/10/2019 3:26:25 PM PDT by wally_bert (Disc jockeys are as interchangeable as spark plugs.)
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To: Rummyfan

I remember the first time I maxed out my Social Security tax. It felt like Christmas. But, I wondered why the stopped where they did? I Wonder why they didn’t just keep taxing it. Not complaining, but no one ever explained that one to me.

Clearly not an issue this year! Ha ha.


10 posted on 05/10/2019 4:14:35 PM PDT by Vermont Lt (If we get Medicare for all, will we have to show IDs for service?)
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To: RatRipper

Except for the little rinky-tink ones that are on the margin of failure.


11 posted on 05/10/2019 4:30:28 PM PDT by reg45 (Barack 0bama: Gone but not forgiven.)
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To: Rummyfan

Saw a bumper sticker today said:
Buttgag-Swallow 2020


12 posted on 05/10/2019 5:08:33 PM PDT by sanjuanbob
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To: wally_bert

That just proves that delusion is not just a river in Africa.


13 posted on 05/11/2019 6:46:39 AM PDT by Disambiguator (Keepin' it analog.)
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