Posted on 10/25/2020 10:03:08 AM PDT by knighthawk
The polls may be tightening as the 2020 presidential election is just over a week away, but Democratic nominee Joe Biden and his top advisers are already laying out an aggressive economic agenda that would make raising taxes their top and immediate priority if the former vice president is elected, FOX Business has learned.
Biden continues to tell Wall Street supporters his sweeping plan for tax increases on wealthy individuals and corporations will likely be introduced as legislation almost immediately upon taking office despite the nation’s pandemic-induced economic slowdown, people familiar with Biden’s campaign strategy tell FOX Business.
Biden advisers are counting on a blue wave to usher him into the White House — along with a Democratic Senate that will help them get their tax increases passed quickly and without compromise.
(Excerpt) Read more at foxbusiness.com ...
Wealthy tech doesn’t care. They have more money than they’ll ever need, as will their heirs for generations.
Wall Street supporters, because nothing improves the bottom line like paying higher taxes.
These captains of industry and commerce would have been even happier with Bernie demanding all of their income!
Who in Wall street is saying this is ok?
This is the sort of crazy crap that tells the ordinary working folks that these DC creeps never cared about them, only their Corporate Donors.
good they deservbe it!
The communists don’t have to nationalize industries — they’ve nationalized the people who now run them.
And that’s the point. They would be the only ones with it. The “old money” doesn’t want competition from any “new money.” The Democrat Party is the party of the existing super rich. Keep the super rich super rich, keep the poor poor, and squeeze out middle class entirely.
so you would hope biden wins just to spite them?
that’s pretty short sighted
No, hell no. But, if he does they deserve it then!
Got to keep the base happy.
Hes not going to make any new reforms for the wealthy. It’s all show. He will repeal Trump’s tax cuts and give us a 3percent tax increase but Democrats have promised this tact every time they run and it never happens except to the middle class.
l8r
When an elected millionaire says that they are going to raise taxes they don’t mean on themselves and their cronies. They will arrange plenty of loopholes for them. It what they call “The Little People” who will pay.
The RATs have been saying for years that they want to nationalize the 401Ks and IRAs.
Biden wants to raise taxes to kill off the entire economy so EVERYONE is dependent on the FedGov.
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