Posted on 04/18/2024 6:34:49 AM PDT by ChicagoConservative27
As President Joe Biden visited Scranton, Pennsylvania, on Tuesday, he called for an increase in taxes on the rich.
“When I look at the economy, I don’t look at it through the eyes of Mar-a-Lago,” Biden said during his speech. “I look at it through the eyes of Scranton.”
Biden explained that he wanted to make the tax code fair, in order to allow regular American citizens to keep more money in their pockets.
In an attempt to make the tax code fairer, Biden suggested a 25% minimum tax rate for billionaires, while slamming former President Donald Trump for being a billionaire.
(Excerpt) Read more at breitbart.com ...
Which really means soaking the middle class.
I got a mailer saying the tax writers are pushing eliminating the current law that allows a decedents property to revert to market at his death ,leaving the cost basis at what it was. That would have a big negative impact on farms and businesses people built up over a lifetime to leave their heirs.
You can be sure that any Biden “tax on the rich” will exempt Regime billionaires in Tech, Wall Street and Pharma.
THE RICH PAY MORE WHEN TAXES ARE CUT, AND LOOPHOLES CLOSED.
That parrot has been squawking for 40 years.
Don’t forget he flew the airplane he helped the Wright Bros build.
The poor don’t pay their fair share
The poor don’t pay their fair share
Joseph Robinette Biden Jr. was born on November 20, 1942,[3] at St. Mary's Hospital in Scranton, Pennsylvania,[4] to Catherine Eugenia "Jean" Biden (née Finnegan) and Joseph Robinette Biden Sr.[5][6] The oldest child in a Catholic family of English, French, and Irish descent, he has a sister, Valerie, and two brothers, Francis and James.[7] Biden's father had been wealthy and the family purchased a home in the affluent Long Island suburb of Garden City in the fall of 1946,[8] but he suffered business setbacks around the time Biden was seven years old,[9][10][11] and for several years the family lived with Biden's maternal grandparents in Scranton.[12] Scranton fell into economic decline during the 1950s and Biden's father could not find steady work.[13] Beginning in 1953 when Biden was ten,[14] the family lived in an apartment in Claymont, Delaware, before moving to a house in nearby Mayfield.[15][16][10][12] Biden Sr. later became a successful used-car salesman, maintaining the family in a middle-class lifestyle.[12][13][17] |
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