Biden's Tax the Rich Scheme

Librtlover

Librtlover

Verified User
Biden doesn't have to care about the affects of taxing the rich, or about its affect on the stock market or the job market

Because his vote base doesn't participate in the stock market or the job market
 
It’s DOA in the Republican House.

How about cutting spending?

What a novel idea.
 
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floridafan said:
What does taxing the rich have to do with either the job or stock market?
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If you tax your boss more he may reduce job positions to increase his own income to replace his tax losses. If you tax rich investors they have less money to invest in the stock market. You aren't very smart about the economy thing.:laugh: That is probably why you think Unions are good.
 
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The incentive to invest is diminished when any group has their taxes raised.

Thank the Grand Architect that this will die in the House.
 
ExpressLane said:
If you tax your boss more he may reduce job positions to increase his own income to replace his tax losses.
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Reducing job positions could well affect the ability of a company to grow. We have already learned that cutting taxes doesn't create jobs, so increasing taxes shouldn't lose jobs.
 
ExpressLane said:
If you tax your boss more he may reduce job positions to increase his own income to replace his tax losses.
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With Biden’s already out of control inflation, a tax increase would kill their small profit margins and the result, the business closes.
 
floridafan said:
Reducing job positions could well affect the ability of a company to grow.
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at least you realize the impact of increasing taxes by $5.5T......

We have already learned that cutting taxes doesn't create jobs
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it did in 2017-2019......

from the BLS...
In 2019, total nonfarm payroll employment expanded by 2.1 million, or 1.4 percent, continuing the longest job recovery and expansion in the history of the employment series from the Current Employment Statistics survey.
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https://www.bls.gov/opub/mlr/2020/article/employment-expansion-continued-in-2019-but-growth-slowed-in-several-industries.htm
 
Earl said:
It’s DOA in the Republican House.

How about cutting spending?

What a novel idea.
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Yeah...cutting spending ought to help the stock market a lot.

NOT!

Fucking moron.

Republicans are all talk...and no action.

C'mon, Republicans...come up with a budget that actually makes the cuts in spending that you want. Put it before the people. Let's see where that goes.
 
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