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Biden says he plans 'small to significant' tax hike for those making over $400,000
NBC News ^ | 3/17/2021 | Allan Smith and Kristen Welker

Posted on 03/17/2021 10:58:29 AM PDT by RC one

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I have been voting republican reliably since 1996 primarily because I was led to believe that it was necessary to preserve the second amendment.

Can anyone name one law passed at the federal level that in the past 25 years that has advanced the second amendment cause? I can't. they let the AWB sunset because they had to but other than that? they don't protect and preserve the 2A, they hold it hostage and I think that goes for just about all conservative issues.

So, I think it's pretty funny watching Mitch scramble to keep his big tax cut.

And I wonder if any Democrats will stab their voters in the back the way the republicans stabbed theirs in the back.

I think they'll hold the line and I think I'm gonna enjoy watching the GOP lose its tax cut.

I am all for it in fact.

Maybe if the GOP had done anything for me over the past 25 years. Anything.

But they haven't. They have somehow managed to lose every battle that was important to me and us all the while keeping most of us voting for them like chumps.

I hope this tax hike is PAINFUL.

1 posted on 03/17/2021 10:58:29 AM PDT by RC one
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To: RC one
And I wonder if any Democrats will stab their voters in the back the way the republicans stabbed theirs in the back.

Most of the people making over $400k are white liberals who voted for Biden, so I think this tax increase counts.
2 posted on 03/17/2021 11:02:44 AM PDT by AnotherUnixGeek
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To: RC one
Hey, if one makes over $400,000/yr and one voted for Biden...ENJOY!!!!


3 posted on 03/17/2021 11:04:04 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: RC one

Who are the people who run businesses or have investments that put
people to work.

How many ways has Biden already impacted our work force negatively.

This is a job killing cluster of measures intent on killing
the middle class.


4 posted on 03/17/2021 11:04:13 AM PDT by DoughtyOne (The Republican Party is dead. Long live the Founders Party.)
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To: RC one

It won’t be painful to those the Dems say they want to hurt. The billionaire class will get tradeoffs in order to offset their supposed tax increases, not to mention that most intelligent millionaires and billionaires don’t get direct revenue, so they don’t really make much that can be touched by the IRS.

It’s just those of us who rely upon direct income.


5 posted on 03/17/2021 11:04:28 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults. )
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To: RC one

“Can anyone name one law passed at the federal level that in the past 25 years that has advanced the second amendment cause? “

Yes.


6 posted on 03/17/2021 11:04:33 AM PDT by TexasGator (Z1z)
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To: RC one

They need a 110% tax on Biden Voters. After all, if people really don’t mind higher taxes then the democrats should lead the way.


7 posted on 03/17/2021 11:05:01 AM PDT by Fai Mao (Hillary Clinton =The Pig In A Pantsuit (The PIAPS))
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To: AnotherUnixGeek

Plenty of them for sure, but listening to Mitch today, he sounded about as mad as I am about all this gun control. I actually have to go drop my tax forms off at the tax preparer’s office right now. I hate to post and run like this but I need to get it done. I did real well on the Covid stocks last year but paying the taxes on those capital gains is really gonna suck so, I know just how Mitch feels.


8 posted on 03/17/2021 11:06:10 AM PDT by RC one (When a bunch of commies start telling you that you don't need an AR15, you really need an AR15)
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To: Jonty30
Taxing investment income for millionaires at the top income tax rate.

Imposing a minimum 15 percent tax on "book income" for large companies like Amazon that currently pay little or no taxes.

A mix of tax penalties and new minimum taxes on foreign earnings of U.S. companies, including those that offshore American jobs.

9 posted on 03/17/2021 11:07:32 AM PDT by RC one (When a bunch of commies start telling you that you don't need an AR15, you really need an AR15)
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To: TexasGator

at the federal level? What?


10 posted on 03/17/2021 11:09:15 AM PDT by RC one (When a bunch of commies start telling you that you don't need an AR15, you really need an AR15)
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To: RC one

Bait and switch. Whenever the left promises to increase taxes for the most wealthy it falls squarely on the middle class.


11 posted on 03/17/2021 11:09:45 AM PDT by circlecity
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To: RC one
I can promise you if we had Dems since 1996 non-stop guns would be gone. Republicans are pathetic, but still 1000% better than dems, especially the judiciary.

As someone who will pay more than $200k this year in taxes with the current tax code, I hope this increase, if passed, starts next year when my income, with deductions, is back under $400k.

12 posted on 03/17/2021 11:09:58 AM PDT by rb22982 ( )
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To: RC one
They include:

-Increasing corporate tax rate to 28 percent (The Trump tax cuts slashed it from 35 percent to 21 percent).

That breaks the $400K promise right there, since many small businesses who make less are C Corporations.

13 posted on 03/17/2021 11:10:07 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: RC one
listening to Mitch today, he sounded about as mad as I am about all this gun control.

Mitch always puts on a good show for conservatives when the GOP is out of power and he can't do anything about it.
14 posted on 03/17/2021 11:11:52 AM PDT by AnotherUnixGeek
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To: RC one

they don’t protect and preserve the 2A, they hold it hostage

The 2A only really means anything in states with good gun laws. And it is in those states, when the RINO politicians at the state and federal level(which is pretty much all of them) trot out their love of the 2A to get re-elected. Even though on pretty much EVERY other issue they fold like a house of cards.

Georgia is a perfect example. The RINOs in the state government, after allowing Abrams to steal 3 elections, will be falling all over themselves next time around, trying to scare everyone about Abrams and the Left taking guns away from Georgians. And morons will fall for it.

The two most basic question for any Republican incumbent in Georgia, next year,......what did you do to stop Abrams from stealing the election and why did you vote to allow the ‘mail in voting prohibition’ to be pulled from the election bill?

Their answer will be.......Second Amendment. I’m gonna protect your Second Amendment rights. Don’t you worry about it.

And for that, they should shown the door.


15 posted on 03/17/2021 11:17:09 AM PDT by qaz123
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To: RC one
Well thanks...you wish me pain.

Great!!

I pay the state and the Feds 43%...income tax.

That's not all...

Property tax, gas tax, sales tax...this tax..that tax....

https://www.youtube.com/watch?v=dNDYArDUgSg

16 posted on 03/17/2021 11:17:22 AM PDT by Osage Orange (TRUMP!!!)
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To: RC one

Sure. let’s destroy the economy and small business. To be k with your struggling neighbors. Let’s increase their pain. How christian and conservative of you


17 posted on 03/17/2021 11:17:37 AM PDT by Mom MD
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To: rb22982

We didn’t have dems for 25 years and they’ll be gone anyways


18 posted on 03/17/2021 11:21:19 AM PDT by RC one (When a bunch of commies start telling you that you don't need an AR15, you really need an AR15)
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To: SaveFerris
Hey, if one makes over $400,000/yr and one voted for Biden...ENJOY!!!!

Mansion home theater chatter:

While you're up could you grab my Starbucks coffee and the little dish of Ben & Jerry's ice cream I left on the counter? It's the maid's day off. I don't want to miss the first airing of the Hallmark Family Special about the gay love triangle fight over custody of a transgendered child. I directed it, you know.

19 posted on 03/17/2021 11:21:43 AM PDT by frank ballenger (End vote fraud, harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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To: RC one
If you make less than $400,000, you won't see one single penny in additional federal tax.

Oh, brother. Anyone who believes this is too stupid to live. Note that little throw-away line about making capital gains count as income. Just a little minor tweak. "Only affects the wealthy." Better think twice about that one.

20 posted on 03/17/2021 11:23:07 AM PDT by Billthedrill
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