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If Biden Wins Look for More Socialism

serfserf Member Posts: 7,071 ✭✭✭
After all the job eliminations which are never coming back then Taxes are going to go up for anybody with wealth.I suspect The super rich will be hiding their wealth in Tax havens as never before in this country. Even if Trump did win we would be facing more taxes and fees on anyone able to pay to keep the Nation existing. It's a death by a thousand cuts in the end. The Federal Reserve can't keep buying everything forever.
                                                                        serf
         

Comments

  • chiefrchiefr Member Posts: 10,590 ✭✭✭
    Does not matter who the DEMOCRAT candidates are and at what level of government. County, city, state, and federal. Every one of them are committed Marxist/socialists. If given power, they will eventually destroy the US Constitution, beginning with the sacred bill of rights. Look at whats happening in Seattle if you doubt me.
  • serfserf Member Posts: 7,071 ✭✭✭
     If Biden wins he will raise much more than what he is saying.And local and state Taxes are going to be much higher for all to fill the gap of the permanent unemployed from The Wuhan  virus. Government Fees will increase by at least 20% too.
          Thieves for the rich and thieves for the poor as both parties swap back & forth for prosperity for all?  What a joke it all is now.The middle class has been decimated in the process.
                                              serf

           
     I’m going to get rid of the bulk of Trump’s $2 trillion tax cut,” Biden continued, “and a lot of you may not like that but I’m going to close loopholes like capital gains and stepped up basis.”

    Biden also said he would raise the corporate tax rate to 28%, which he said would raise an estimated $1.3 trillion over the next decade. The Trump tax cuts had shrunk corporate taxes to 21% from 35%.



  • chiefrchiefr Member Posts: 10,590 ✭✭✭
    Show me a DEMOCRAT that says he wont raise taxes and I will show you a liar.
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