Biden Says He Will Reverse
Trump’s Tax Cuts
Breitbart Economy,
by
John Carney
Original Article
Posted By: Imright,
7/1/2020 10:02:08 AM
Joe Biden told Wall Street donors to his campaign that he planned to reverse most of President Donald Trump’s tax cuts.“I’m going to get rid of the bulk of Trump’s $2 trillion tax cut,” Biden said during a fundraising conference call, Fox Business Network reported. “And a lot of you may not like that but I’m going to close loopholes like capital gains and stepped-up basis.”The former vice president said he would raise the corporate tax rate from 21 percent to 28 percent, which he estimated would raise taxes by $1.3 trillion over the next decade, FBN reported. Biden said the tax cuts were “irresponsible, sugar-high tax cuts.”
Running on a platform of raising taxes, just like Mondale did. Brilliant!
31 people like this.
Reply 2 - Posted by:
earlybird 7/1/2020 10:12:14 AM (No. 462963)
Louder, Joe! Great idea! Best one yet! Sure winner!
Remember when he said taxes are our patriotic duty? Will his consitiuents (whoever they are) buy that?
16 people like this.
Reply 3 - Posted by:
justavoter 7/1/2020 10:17:02 AM (No. 462979)
I guess Joe wasn’t looking when taxes were reduced and it created a massive haul to the Treasury . What an idiot
18 people like this.
Reply 4 - Posted by:
Cardsfan 7/1/2020 10:21:44 AM (No. 462992)
He keeps writing Trump’s campaign commercials for him!
21 people like this.
Reply 5 - Posted by:
Maggie2u 7/1/2020 10:26:05 AM (No. 463003)
I wish someone would ask him about the fence going up on the border. Bet the second day in office he'll have bulldozers knocking it down.
9 people like this.
Reply 6 - Posted by:
Highlander 7/1/2020 10:26:35 AM (No. 463005)
Biden is too far advanced in his dementia to come up with those political dung balls on his own. It has to be his handlers doing that.
17 people like this.
Reply 7 - Posted by:
Italiano 7/1/2020 10:31:06 AM (No. 463018)
As brilliant a campaign move as that eunuch Beto O'Rourke telling us he's coming for our AR's.
16 people like this.
Reply 8 - Posted by:
Clinger 7/1/2020 10:36:54 AM (No. 463037)
Hey Joe, just a little advice for you. When you reverse the tax cuts you also reverse the surge in taxes collected resulting in the increased economic activity. How are you going to do all the cool groovy stuff you want to do with less money, or are you moving on to my great great grandchildren?
6 people like this.
Reply 9 - Posted by:
mobyclik 7/1/2020 10:43:03 AM (No. 463053)
Now it's up to the Republicans (sigh) to shout this idiocy from the rooftops: ''Who do you think those companies are going to pass those tax increases on to? Not to mention the increases he'll dump onto YOUR paycheck. Liberals LOVE tax increases.''
10 people like this.
Reply 10 - Posted by:
Jesuslover54 7/1/2020 11:29:09 AM (No. 463131)
Neurodegenerative sock puppet of Shaitan.
5 people like this.
Reply 11 - Posted by:
Vincent Vega 7/1/2020 11:33:04 AM (No. 463139)
And the stock market, along with your 401(k) will fall off a cliff. Good campaign strategy plugs. What an idiot.
7 people like this.
Reply 12 - Posted by:
DVC 7/1/2020 11:58:02 AM (No. 463172)
Perfect:
He promises to wreck the economy, take more taxes from you, and support the rioters and arsonists.
That ought to be really popular.
NOT!
7 people like this.
Reply 13 - Posted by:
NYbob 7/1/2020 12:08:29 PM (No. 463185)
The uniparty is doing it's best to blow up our fiat money, confident that they can always point to the rest of the world as worse. They seem determined to find the limit on that insanity as quickly as possible. Combine that irresponsibility with the rat party mantra of soak the rich and make business pay for every moronic leftist idea, and we will find ourselves in the new North Korea before we know what happened.
Rats would love a destroyed America. They are convinced they would live like kings on what they would confiscate using their citizens army. The rest of us would be slaves and their stolen wealth would vanish in a few years, but they don't care about that, only what they can steal today. Sadly they have millions of morons too stupid to see the logic and the truth of this circus. That crowd of rabid punks might pull all of us into the pit, IF there isn't serious push back and that starts with putting scum like Comey and BO in jail.
6 people like this.
Reply 14 - Posted by:
ronniethek 7/1/2020 12:36:12 PM (No. 463236)
It;s clear that s*** for brains Biden (MY preferred nickname) knows as little about the economy as he does foreign policy. The corporate and individual tax cuts have clearly helped the economy and but for the Chinese virus we would now be in excellent shape.
2 people like this.
Reply 15 - Posted by:
Chuzzles 7/1/2020 12:42:15 PM (No. 463250)
And yet, Power Line has snivels today saying Trump is going to lose come November. We haven't even had the conventions yet and they are all convinced that Trump is a loser, and are trying to get us to see that too. They can all just go away for all I care.
1 person likes this.
Reply 16 - Posted by:
padiva 7/1/2020 12:43:49 PM (No. 463254)
Why?
0 people like this.
Reply 17 - Posted by:
planetgeo 7/1/2020 12:59:20 PM (No. 463284)
Even though this sounds crazy to us normals, just remember that almost 50% of the country pays NO income tax. That is the Democrat base. They LOVE this crazy plan.
Taxpayers are the Democrats' "N-word", their slaves.
1 person likes this.
Reply 18 - Posted by:
Smart11344 7/1/2020 12:59:31 PM (No. 463285)
God help us if this idiot, Biden, is elected.
2 people like this.
Reply 19 - Posted by:
MickTurn 7/1/2020 1:48:32 PM (No. 463365)
Joe is a clueless IDIOT...you don't say stuff like this PRIOR to an election, you sneak it in after you're elected just like every other Criminal in Politics!
2 people like this.
Reply 20 - Posted by:
moebellini3 7/1/2020 2:56:47 PM (No. 463429)
Of course, this is what communist like Biden do. Steal your money, raise your taxes, destroy your jobs, call you a racist and force you onto the communist plantation where all illiterate democrats reside. People better wake up soon or we\ll be Venezuela II. Got it.
1 person likes this.
Reply 21 - Posted by:
HotRod 7/1/2020 3:47:54 PM (No. 463464)
I don't know who the deranged person is that's responsible for these pronouncements, but they are tone-deaf stupid! Even Biden isn't that deranged, he's just a little slow and malleable.
0 people like this.
Reply 22 - Posted by:
red1066 7/1/2020 5:23:32 PM (No. 463549)
I'm going right out on election day and vote for less money in my pocket and more for every anti-American policy out there. Sounds like a winning message to those that don't work, want everything to be free, and still live in Mom and Dad's basement.
0 people like this.
Below, you will find ...
Most Recent Articles posted by "Imright"
and
Most Active Articles (last 48 hours)