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1 posted on 09/21/2020 5:09:54 PM PDT by Red in Blue PA
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To: Red in Blue PA

Like FDR - how to ruin the American economy and the livelihood of millions.


2 posted on 09/21/2020 5:14:13 PM PDT by SkyDancer (~ Pilots: Looking Down On People Since 1903 ~)
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To: Red in Blue PA

Complete and utter devastation - the goal.


3 posted on 09/21/2020 5:14:58 PM PDT by wally_bert (Transmission tone, Selm)
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To: Red in Blue PA

The stock market might not believe that Hiden can win, fairly or not.
?


4 posted on 09/21/2020 5:15:12 PM PDT by The Antiyuppie (Wht then small men cast long shadows, then it is very late in the day.)
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To: Red in Blue PA

Right now most people over the 100k income bracket are planning to vote Democrat. Wealthy suburbs are becoming Democrat at a rapid fashion. I think the main reason is because taxes have been reduced for upper class voters since Reagans term. Also the cooperate media is nothing more than Democrat party slime liar filth (as we all know). Most corporate charities give to liberal causes if they are political. I am reevaluating my support for lower taxes for corporate and wealthy persons. The fact that they are becoming left is proof that they are undertaxed. Even the corporate Republicans are just rino and feckless. I say go ahead and tax them. They want socialism than they deserve a good taste of it!


5 posted on 09/21/2020 5:16:26 PM PDT by amnestynone (We are asked by people who do not tolerate us to tolerate the intolerable in the name of tolerance.)
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To: Red in Blue PA

Let’s hope that senile moron’s tax plans never see the light of day.


12 posted on 09/21/2020 5:26:04 PM PDT by beethovenfan (Mene, Mene, Tekel, Upharsin)
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To: Red in Blue PA

This alone will destroy the nation.


14 posted on 09/21/2020 5:26:58 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: Red in Blue PA

Sounds like there won’t be any gains to tax.


16 posted on 09/21/2020 5:28:34 PM PDT by Brilliant
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To: Red in Blue PA

Hey Biden.

Yeah, you dumbass. You LOOK like a Socialist.


17 posted on 09/21/2020 5:32:10 PM PDT by VeniVidiVici (.)
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To: Red in Blue PA
Now that Rat Party (and RINO) Governors have brought the nation's economy to its knees a tax hike is just what the patients needs.
23 posted on 09/21/2020 5:47:15 PM PDT by Gay State Conservative (Thanks To Biden Voters Oregon Is Now A Battleground State!)
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To: Red in Blue PA

“If you change the tax rate it went from 38 percent to 21. If you just send it back to 20 uh — 38%, um, if you — 36% to 28, that’s what we started trying to do.” - Slow Joe


25 posted on 09/21/2020 5:58:30 PM PDT by JohnGallt
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To: Red in Blue PA

Looks like the market is deeply concerned about the Democrats stealing this election.


27 posted on 09/21/2020 6:12:24 PM PDT by montag813 (Nonsenze)
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To: Red in Blue PA

They increase inflation and then tax the inflation.


28 posted on 09/21/2020 6:26:43 PM PDT by alternatives? (If our borders are not secure, why fund an army?)
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To: Red in Blue PA

what category is oil dividends in?...my liberal sil with the inherited oil wells deserves a nice big fat comeuppance.


30 posted on 09/21/2020 6:28:10 PM PDT by cherry
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To: Red in Blue PA
Good for CNBC. About time a MSM channel talks economics. I despise my fellow Americans who support piss poor economic policies that are anti growth, it ain’t rocket science, dummycRATs.
33 posted on 09/21/2020 6:31:55 PM PDT by Chgogal (ALL lives matter. If you disagree with me, YOU are the racist.)
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To: Red in Blue PA
Biden’s capital gains tax hike could spark a big sell-off in stocks

The democrat dummies that Biden and the democrat party are playing to, don't understand what stocks are for. So, sticking it to the stockholders feels good to them.

What democrat leaders always 'fail to mention' to their voters, is that, stocks are the same as investments into corporations, and without those investments, millions of jobs would not exist, and hundreds of billions of dollars would not be collected in taxes, and many government services and benefits would not exist.
39 posted on 09/21/2020 8:17:41 PM PDT by adorno
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To: Red in Blue PA

Our government does NOT need more of our money. It needs to quit wasting it on useless and unnecessary and unconstitutional crap.

Investigations, secret CIA activities, overpaid government workers who won’t work, slush funds for corrupt politicians retirement mansion funds (book deals from publishers who were gifted fat govt contracts) etc etc etc. Too much to even think about. Our politicians should be rewarded for cutting costs - not expanding the government budget.


41 posted on 09/21/2020 8:40:06 PM PDT by Aria
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To: Red in Blue PA

If that was the case, I’d have to immediately sell about 3/4 million in stock. Not a whole lot in the grand scheme of things, but surely I’m not the only one.


42 posted on 09/21/2020 8:58:48 PM PDT by glorgau
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To: Red in Blue PA

I suspect that yesterday’s huge sell-off was caused by the threat of a hike in Capital Gains should Biden win. My portfolio lost pretty big, not that it amounts to much, and all the indexes were down.


45 posted on 09/22/2020 1:03:29 AM PDT by Eleutheria5 ("SHUT UP!" he explained.)
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To: Red in Blue PA

Yeah, I’ll definitely unload all my stocks November 4 if it looks like Biden won. But I really doubt it will happen.

More likely? President Trump wins and announces plans to eliminate of the capital gains tax.


56 posted on 09/22/2020 12:02:50 PM PDT by enumerated
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To: Red in Blue PA

Tell it to the idiots on Wall Street who support him.


63 posted on 09/23/2020 1:40:16 PM PDT by jersey117
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