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Wes Moss: Comparing Biden’s proposed tax plan vs. Trump’s current policy
AJC ^ | August 28, 2020 | Wes Moss

Posted on 09/09/2020 6:34:16 AM PDT by Fai Mao

Link Only as I think this may be on the list of publishers that don't like FR.

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


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: biden; election; taxes; trump

1 posted on 09/09/2020 6:34:16 AM PDT by Fai Mao
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To: Fai Mao

Not unlikely considering 90% of that published by AJC is crap.


2 posted on 09/09/2020 6:40:58 AM PDT by traderrob6
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To: traderrob6

You need to read this article. He destroys Biden with the numbers.

Corporate Taxes
Trump: 21.0%
Biden: 28.0%

Income and Payroll Taxes
Trump: 37.0%
Biden: 52.0%*

Small-Business Taxes
Trump: 29.6%
Biden: 39.6%

Capital Gains and Dividend Taxes
Trump: 23.8%
Biden: 43.4%


3 posted on 09/09/2020 6:43:20 AM PDT by Fai Mao (There is no justice until The PIAPS is legally executed)
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To: Fai Mao

Wes Moss on the radio the other day said he has gotten numerous slams on twitter from the left on this. He has his Sunday and also is a guest a few times a week on another WSB talk show


4 posted on 09/09/2020 6:47:44 AM PDT by BubbaJunebug
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To: BubbaJunebug

Why was the left slaming it?

Were/are they denying it?

Or are they bitching that it’s not taxing the rich and middle class enough?


5 posted on 09/09/2020 6:55:43 AM PDT by Alas Babylon! (The prisons do not fill themselves. Get moving, Barr!)
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To: Fai Mao

I am already aware of their differences.


6 posted on 09/09/2020 6:55:56 AM PDT by traderrob6
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To: Fai Mao

The left coast titans have cashed in massively and generally will have enough money to outlast Hate-Filled Harris and avoid Biden’s rates.


7 posted on 09/09/2020 7:24:24 AM PDT by Brian Griffin
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To: Alas Babylon!

Biden has not called for a federal wealth tax.


8 posted on 09/09/2020 7:25:53 AM PDT by Brian Griffin
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To: Fai Mao

My understanding is that corporate tax hikes are passed on to the consumer by way of higher prices.


9 posted on 09/09/2020 7:31:09 AM PDT by kanawa ((Trump Loves a Great Deal (NorthernSentinel)))
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To: Brian Griffin

OK. I don’t care, all I know is he wants to raise taxes. A lot.

Simply put:

Trump cut taxes, which is good for every American.

Therefore, raising taxes is bad for every American.

We also need to start cutting spending as soon as possible.

Biden will raise spending to a new high.


10 posted on 09/09/2020 7:48:17 AM PDT by Alas Babylon! (The prisons do not fill themselves. Get moving, Barr!)
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To: kanawa
My understanding is that corporate tax hikes are passed on to the consumer by way of higher prices.

You are absolutely correct.

There is no such thing as a corporate tax -- oh, the government can call it that, but the tax is passed on to the consumer and is very regressive. The poor pay a higher percentage of their income than the rich.

Sounds fair to every Dem on the planet.

11 posted on 09/09/2020 8:03:07 AM PDT by CurlyDave
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To: kanawa

Yes. And Capital gains apply to real estate I believe


12 posted on 09/09/2020 8:19:52 AM PDT by Fai Mao (There is no justice until The PIAPS is legally executed)
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