“The idea is to have a commitment to reducing inequality,”
Idiocy.
Soak the Rich. Now there’s a new idea.
Anyone else suspect that they “cooked the books” regarding inflation and jobs just for his address?
If you want to stop “income inequality” stop importing 3rd worlders who have literally nothing.
If you’re a server making $2.13 an hour plus tips, you’re rich and the IRS will be targeting you.
” sharp increase of a current tax on corporate stock buybacks”
The corporate stock buybacks wer an artifact of “free money” from the Federal Reserve.
Now that there are significant interest rates that party is over—classic .gov—”solve” yesterday’s problem that is not much an issue anymore.
Rich equals Middle Class
He wants to tax “unrealized gains”. That’s a wealth tax.
Here’s a tbought. Rather than raise taxes, cut spending.
Here’s a tbought. Rather than raise taxes, cut spending.
FUJB
It’s a show. There will be loopholes for politicians and groups that pay off the dems.
Question Joe, will you be paying taxes on all the graft you used to buy your $2.4 million dollar beach house?
10% tax increase on everything, to be deposited directly into his offshore bank accounts.
Just the usual bait and switch from the leftists from which the MSM will dutifully cover to avoid the true problem of the $31,000,000,000,000 debt we owe the goobermint. Yes, the grand plan of redistribution of wealth which is going to make the country crash and burn soon enough anyway.
He’s back to pulling the class warfare page from the socialist playbook. The fiscal problems our nation faces are not caused by under taxation. Tax revenues are at all-time highs thanks to Trump’s tax cuts. Our fiscal problems come from over spending, which really is redistribution of wealth. Part of that is corporate welfare. If Biden wants to wage war on the rich, don’t raise taxes, cut corporate welfare.
Reuven Avi-Yonah, a law professor at the University of Michigan, said we should do this.
Before we talk about tax increases why don’t we have a forensic audit of Hunter’s 1040s...the First Brother’s 1040s...and The Big Guy’s 1040s.And let’s start at 2009.
Be careful...
Deep State’s definition of rich: Anyone drawing a private sector paycheck.
The GOP is packing up and heading for the hills. This is the RATs plan to fight budget cuts. Don’t need to cut anything, just tax the rich. This is what happens when you spend other people’s money.