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Joe Biden to propose massive tax raid on super rich and corporate America in tonight's State of the Union address with sweeping hikes including minimum corporate tax up from 15% to 21% and a 25% rate for billionaires
Dailymail ^ | Mar 7, 2024 | Paul Farrell

Posted on 03/07/2024 12:42:55 PM PST by backpacker_c

click here to read article


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To: backpacker_c
This is truly disturbing.

No Dem has ever been able to get elected by wanting to have broad tax increases like this, I think this gives more credibility to our elections being rigged.

81 posted on 03/07/2024 3:27:16 PM PST by SecondAmendment (The history of the present Federal Government is a history of repeated injuries and usurpations ...)
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To: Fledermaus

If we start to tax on investment income, it’s a deal breaker. Many of the liberal elites are making money off that. Think of Elon Musk’s friends. They’re all pro-Biden. Musk is a rebel so he’s a rarity.


82 posted on 03/07/2024 3:27:35 PM PST by MinorityRepublican
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To: Freest Republican
Now we know why they need 87,000 additional IRS agents. They will be visiting you soon.

There are about 750 billionaires in this country. I am sure all of those agents will only focus on those 750. /s

83 posted on 03/07/2024 3:30:42 PM PST by volare737
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To: backpacker_c

Since the days of Rush Limbaugh there used to be figures for how much actual money the IRS would fleece from the rich with planned increases and the figures always came out that the upper middle class and especially all the middle class would have to be mined for money as there really wasn’t enough at the top. Plus the top earners would check their new offshore accounts and adjust as they added to them under schemes we can’t use.


84 posted on 03/07/2024 3:32:49 PM PST by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: PGR88

Idiot FReepers are always afraid to fight back because “Dems will use it against us” never understand that EVERYTHING the GOP does is used by Dems propaganda machine.

So they cower in fear.


85 posted on 03/07/2024 3:33:43 PM PST by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: backpacker_c

Tax Increases!

That’s the ticket!

Why didn’t Trump think of raising taxes on Americans?


86 posted on 03/07/2024 3:35:24 PM PST by Uncle Miltie (Objective: Permanently break the will of the population to ever wage war again.)
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To: nonliberal

The sheep fell for it.


87 posted on 03/07/2024 3:35:31 PM PST by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: Midwesterner53

10 minutes


88 posted on 03/07/2024 3:36:23 PM PST by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: backpacker_c

” and aimed at reducing the federal deficit by $3 trillion over 10 years”

Yeah right, more like increasing the budget busting spending over and above today’s rate by 3 trillion for the 8 million illegals the Rats / RINO’s have escorted in over the last couple years.


89 posted on 03/07/2024 3:37:27 PM PST by DAC21
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To: backpacker_c

Jagoff can propose whatever he wants. Getting it into law is another matter. I’m just curious how he is going to make it through the address without a major major screw-up.


90 posted on 03/07/2024 3:37:42 PM PST by Rummyfan (In any war between the civilized man and the savage, support the civilized man.c)
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To: italianquaker

“Nobody cares what he has to say anymore
The bigger question is, will he get lost walking to and from podium”

Exactly. The only reason anyone will watch is to see if he s**ts himself on national TV (figuratively and literally).


91 posted on 03/07/2024 3:38:54 PM PST by Magic Fingers (Political correctness mutates in order to remain virulent.)
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To: catnipman

And it would be a one time thing.


92 posted on 03/07/2024 3:39:06 PM PST by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: Repealthe17thAmendment

Like cutting the rate of increase.


93 posted on 03/07/2024 3:41:12 PM PST by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: Alberta's Child

Wrong. It’s just another budget item that is considered during pricing the product.

Have you ever processed a profit and loss statement or balance sheet?


94 posted on 03/07/2024 3:44:59 PM PST by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: metmom

There’s no planned action behind it. They are just words. Words he and his regime will convince idiot voters that he can really do something about this economy.


95 posted on 03/07/2024 3:45:13 PM PST by Gaffer
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To: MinorityRepublican

Got you


96 posted on 03/07/2024 3:45:38 PM PST by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: backpacker_c

” nickle and dime the middle class to death”

That’s where the money is.


97 posted on 03/07/2024 3:49:58 PM PST by Mariner (War Criminal #18)
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To: Fledermaus

The GOP is now the party of the middle class. Bush and his country club friends. Tech guys are all with the Dems now.


98 posted on 03/07/2024 3:52:49 PM PST by MinorityRepublican
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To: backpacker_c

A tax on corporations is a tax on everyone who use their products regardless of their wealth status.


99 posted on 03/07/2024 3:53:06 PM PST by plain talk
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To: backpacker_c

IMPEACH NOW..


100 posted on 03/07/2024 3:56:10 PM PST by wardamneagle
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