Post New Article

Biden's tax plan will lead to a combined rate
of as high as 62% for those making more
than $400k in some states - the highest
increase in three decades, tax group claims

Original Article

Posted By: Imright, 10/20/2020 10:44:27 AM

The highest earners in the states of New York, New Jersey and California could end up facing a combined state and federal tax rate of 62% under Democratic presidential nominee Joe Biden's tax plan, in what would be the highest tax rate implemented in more than 30 years.The high rate would affect those earning more than $400,000 whilst those earning below that level would likely receive tax cuts, according to the Tax Foundation, a low-tax advocacy group.The analysis does not reflect what people pay in reality, because it does not include any tax dedications, offests or credits, which people all routinely claim and which lead to the effective tax rate.

Post Reply

Reply 1 - Posted by: Jethro bo 10/20/2020 10:50:46 AM (No. 578444)
Remember the bad old days when Democrats attacked millionaires only? It was always the millionaires that were money grubbing and evil and putting the common people down and needed to pay their fair share. Now it looks like the sub half millionaires are a big problem. Wonder how long it will be before Dems define down evil wage-earners to included the burger flippers working for a 'living wage'?
6 people like this.

Reply 2 - Posted by: Chuzzles 10/20/2020 11:10:28 AM (No. 578471)
Gotta pay off the deadbeat blue states who run through money like water through a broken dam. #1, Antifa/BLM already defines minimum wage job holders as evil for holding those jobs and helping evil corporations make money.
2 people like this.

Reply 3 - Posted by: Clinger 10/20/2020 11:12:44 AM (No. 578475)
Please keep two essential concepts in mind: 1) Any tax increase will result in lower taxes collected 2) Taxes that are placed on others and not directly on you, find their way to you Biden recently repeated the lie that Trumps tax cuts led to increasing debt. NO they correlated to increasing debt. The tax cuts led to record levels of taxes collected. The only way for these indisputable facts to coexist is for spending to have outpaced the increased revenue. We can't allow ourselves to remain ignorant and incapable of presenting essential facts because things get a little wonky. The Laffer curve is very real. The concept that a tax on our neighbors is a tax on us is more difficult to explain. People react. Businesses asked to pay higher taxes will seek to preserve their real returns on their efforts and investment and pass that on to consumers. When exposed to global competition that means less business and less jobs for Americans. Individuals also have choices. How they react impacts all of us. The singling out of certain high earners is an easy sell and suckers people into thinking it won't affect them, when it absolutely will. This is essential knowledge.
5 people like this.

Reply 4 - Posted by: paral04 10/20/2020 11:24:09 AM (No. 578490)
This is slavery.
3 people like this.

Reply 5 - Posted by: RuckusTom 10/20/2020 11:24:38 AM (No. 578492)
Come work for me for a $1 a day. That's not as much as you'd make working for a millionaire, but it's a job - since they won't be hiring anymore because they're paying your salary in taxes if Biden wins.
4 people like this.

Reply 6 - Posted by: Starboard_side 10/20/2020 11:26:32 AM (No. 578494)
Everyone needs to stop trying to rationalize the 62% rate, and let it linger instead. Trump should be able to make some headway here even though Biden likely will want to pounce on the false allegation of Trump only paying $150 one year. Even the rapper 50 Cent, stated he's voting for Trump after hearing about the Biden plan. Let the low-flow voters react in similar manner.
2 people like this.

Reply 7 - Posted by: DVC 10/20/2020 12:26:09 PM (No. 578569)
Very bad for job creation to have these high tax rates. Senator Phil Graham, Texas, retired, once said, "No poor many ever hired me." Yep, a critical point when the left spouts about getting even with "the rich" by taxing them into the poor house.
1 person likes this.

Reply 8 - Posted by: Dino Sayer 10/20/2020 12:33:01 PM (No. 578576)
And that’s only based on what Joe Biden admits to. Chances are he would say oh boy things are worse than I thought, you all get tax hikes.
1 person likes this.

Reply 9 - Posted by: padiva 10/20/2020 1:06:07 PM (No. 578618)
Dem goal is to have the government provide everything for the people. Republicans believe that people should (learn) to take care of themselves.
2 people like this.

Reply 10 - Posted by: ConservativeYogini 10/20/2020 1:19:29 PM (No. 578633)
One flaw in thinking that raising taxes will result in more money for govt to spend is that people who work hard to make their money will be very disincentivized to work so hard to give it to the govt. So they will work hard up to the cut-off ($400K) and then stop. Or they will move their taxable wealth creating out of the country. These wealth creators aren't stupid.
3 people like this.

Reply 11 - Posted by: JHHolliday 10/20/2020 1:49:39 PM (No. 578660)
Those states mentioned will then see a real outflow of their tax paying residents. And if anybody thinks that the four hundred thou number will stay there is dreaming. The high earners will leave, tax revenue will drop and then they will rope in the $300,000 people. Tax revenue will fall even lower and now the 200 grand folks will get a dose of the 62% confiscation, then....we’ll you get the idea.
2 people like this.

Reply 12 - Posted by: ARKfamily 10/20/2020 1:56:09 PM (No. 578664)
So the Biden family can milk millions and millions from wherever they want and Joe Biden has heartburn with someone making more than $400 thousand. What a hypocrite.
1 person likes this.

Reply 13 - Posted by: smokincol 10/20/2020 2:43:54 PM (No. 578697)
this is not slo jo's plan! he hasn't had a plan since he decided to steal his wife Jill from her husband. really do not see what she see's in him. he's a bigger philanderer than ted kennedy, who also had a really great woman who made the mistake of marrying the POS.
0 people like this.

Reply 14 - Posted by: ColonialAmerican1623 10/20/2020 10:54:00 PM (No. 579113)
Like the Faux Squaw, that's the amount just over what they make; ie the President earns $400k. Too bad if taxpayers do.
0 people like this.

Below, you will find ...
Most Recent Articles posted by "Imright"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Imright"
Report: Senate Democrats to Boycott
Amy Coney Barrett’s Committee Vote
8 replies
Posted by Imright 10/21/2020 9:03:59 PM Post Reply
Senate Judiciary Committee Democrats will boycott the committee vote on Amy Coney Barrett’s nomination to the Supreme Court, scheduled for Thursday, according to a report.Politico reports: Senate Democrats plan to boycott Supreme Court nominee Amy Coney Barrett’s Judiciary Committee vote Thursday in an act of protest, according to two Democratic aides.The report comes one day after Senate Majority Leader Mitch McConnell (R-KY) announced that the full Senate will vote next Monday, October 26, to confirm Barrett to the Supreme Court.“We will be voting to confirm Justice-to-be Barrett next Monday and I think that will be another signature accomplishment in our effort to put on the courts,
Barack Obama Walks Up to a Group of
Biden Supporters in Philly and They Don’t
Look Enthusiastic (Video)
4 replies
Posted by Imright 10/21/2020 8:55:59 PM Post Reply
Barack Obama hit the campaign trail on Wednesday on behalf of Hiden Biden.Obama is in Philadelphia today for two separate events as Joe Biden hides in his basement with less than two weeks until Election Day.Barack Obama held a drive-in rally after he participated in a roundtable discussion with black leaders (he was muted on the livestream).The drive-in rally was a joke. Walmart has more cars on a Wednesday afternoon. (Tweet)
Watch: Trump is moved when retiring officer
offers his badge in appreciation for
having ‘our’ backs
2 replies
Posted by Imright 10/21/2020 8:50:08 PM Post Reply
President Donald Trump is vilified in the media for taking a stand for law and order over the lawlessness seen in many American cities, but the respect and admiration the president enjoys from law enforcement is a testament to how police officers feel about that stance.Then again, given how they too are vilified by the liberal media, police officers have a lot in common with Trump.(Video) A retiring police officer who tweets under the name Joel shared video footage of an encounter he had with Trump on an airport tarmac, where he gives the president his flat badge.“I had the honor of closing out my career as
Twitter looks to keep The Post’s account
hostage through Trump-Biden debate
1 reply
Posted by Imright 10/21/2020 8:46:08 PM Post Reply
It’s now been a week since Twitter locked The Post’s account over its exposé on Hunter Biden’s emails — and it appears the hostage situation will continue through the final presidential debate on Thursday.The social media giant is refusing to unlock The Post’s main account unless the news organization deletes six tweets about its own reporting on Joe Biden’s son.This means The Post may not be able to share its coverage of the last showdown between President Trump and Democratic challenger Joe Biden ahead of the Nov. 3 election with its close to 2 million followers.
Nancy Pelosi: ‘Joe Biden is a Great Healer’ 6 replies
Posted by Imright 10/21/2020 8:43:37 PM Post Reply
House Speaker Nancy Pelosi (D.-Calif.) said in an interview with Joy Reid on MSNBC on Monday that former Vice President Joe Biden, the Democratic presidential nominee, “is a great healer.”“Joe Biden is a great healer,” Pelosi said. “He will bring us together. He will unify us.” (Video) “We have got to heal our country,” Pelosi said. “We have got to heal, crush this virus to heal physically our country.”Here is a transcript of the part of Nancy Pelosi’s interview with Joy Reid where she says that “Joe Biden is a great healer:” Nancy Pelosi: “We have got to heal our country. We have got to heal, crush this virus
“There Ain’t Any Audio!” – Barack Obama’s
Livestream MUTED as He Campaigns For
Hiden Biden in Philadelphia (Video)
15 replies
Posted by Imright 10/21/2020 6:15:44 PM Post Reply
Barack Obama hit the campaign trail on Wednesday on behalf of Hiden Biden. Obama is in Philadelphia today for two separate events as Joe Biden hides in his basement with less than two weeks until Election Day. Joe Biden’s campaign actually muted Barack Obama during his Philadelphia roundtable discussion with black leaders in Philly. People flooded the comments on the livestream: “There ain’t any audio!” — “No sound!” — “We can’t hear anything!” – “Sound?”
Vile Scarborough: You’re ‘Un-American’
If You Vote for Trump
25 replies
Posted by Imright 10/21/2020 5:05:05 PM Post Reply
While most left-wing journalists try to channel all their anger at President Trump, they will occasionally go straight to the punch and just start attacking people who support him. On Tuesday morning, the co-hosts of MSNBC’s Morning Joe scolded American voters who dare, for any reason, to vote for Trump.With Election Day exactly two weeks away, and millions of Americans already voting, co-hosts Joe Scarborough and Mika Brzezinski decided it was time to launch a brutal verbal assault against Trump supporters. Apparently triggered by Trump speaking publicly about the Biden family’s alleged corruption on Monday, Scarborough whined that it’s unacceptable to vote for him
H-E-B employees across Texas
getting a $500 bonus
9 replies
Posted by Imright 10/21/2020 4:04:32 PM Post Reply
As employees continue to work hard through the COVID-19 pandemic, Texas grocery chain H-E-B has announced that it is awarding all of its employees with an additional $500 bonus. A spokesperson with the company confirmed the news on Wedndesday with the following statement: “At H-E-B, our success starts with our people. In the face of many challenges this year, our Partners have confronted each obstacle with grace, compassion, strength, and resilience. Our Partners continue to raise the bar in pursuit of excellence, uplifting and inspiring people across our great state and beyond. As we look toward the holiday season and to 2021, it’s with immense pride and great excitement
Sophomore at University of Kansas is put
on probation by her sorority for 'unbecoming'
behavior after she shared a Candace Owens
post criticizing Black Lives Matter
26 replies
Posted by Imright 10/21/2020 4:00:32 PM Post Reply
A University of Kansas sorority member has been put on probation for 'unbecoming' behavior after she shared a Candace Owens post criticizing Black Lives Matter. Sophomore Katherine Lauer was rebuked by the Kappa Alpha Theta sorority after reposting a tweet from the black conservative commentator in which she said BLM was 'the most flagrantly racist organization in America'. Owens wrote on September 23: 'Black Lives Matter is an organization of white men, using the faces of dead black people, to raise millions of dollars toward electing white Democrats into positions of power.'
‘Nodding woman’ Mayra Joli from
Trump town hall shares hate mail
5 replies
Posted by Imright 10/21/2020 3:44:13 PM Post Reply
Miami lawyer Mayra Joli, the freshly famous “nodding woman” behind President Trump at last week’s NBC News town hall, says her employees are being targeted with hate mail. “Nobody can call an employer to fire me,” Joli told Fox News. “What they’re doing is calling my employees so they quit.”Joli, who donated to Hillary Clinton in 2016, said that “they start sending other [messages] saying, ‘I can’t believe you’re working for that person. I thought you were better.’ … They aren’t used to this commotion.”The Dominican Republic-born Joli wore a red mask and nodded in response to Trump’s answers during a frequently acrimonious hour-long event hosted by Savannah Guthrie
Just In: Senate Democrats Block
GOP’s Coronavirus Aid Bill
11 replies
Posted by Imright 10/21/2020 3:40:30 PM Post Reply
Senate Democrats on Wednesday blocked McConnell’s Coronavirus aid bill. The Democrats blocked the GOP’s $500 billion Coronavirus bill as Speaker Pelosi and Steve Mnuchin continue negotiations.It is unlikely a relief bill will be passed before Election Day. Democrats see this as a way to hurt President Trump’s re-election bid since the proposed bill included more PPP (Paycheck Protection Program) funds and a $300/week unemployment benefits for businesses.
Here are the fastest-growing jobs
in every state this year: report
7 replies
Posted by Imright 10/21/2020 3:37:31 PM Post Reply
As the U.S. grapples with unemployment because of the coronavirus pandemic, a new report could help people who are trying to figure out where to look for a new job.On Monday, SmartAsset published a list of the fastest-growing jobs in every state. According to the report, overall industry trends can give people a sense of what occupations could have open positions.For its report, SmartAsset used employment data from the Bureau of Labor Statistics and calculated the percentage change from 2015 to 2019. The occupation with the highest percentage increase was in Rhode Island, where structure metal fabricators and fitters saw a 674% increase from 2015 to 2019.
Most Active Articles (last 48 hours)
Joe Biden will appeal to the center by 'appointing
never-Trump Republicans like former Ohio
Gov. John Kasich and ex-Arizona senator Jeff
Flake to his cabinet if he wins' - amid
fears he is being pushed to the far left
55 replies
Posted by Imright 10/21/2020 2:39:45 AM Post Reply
Joe Biden is reportedly considering several Republicans for cabinet positions if he wins the presidential election including Ohio Gov. John Kasich and former Arizona Sen. Jeff Flake.Other options the former Vice President is eyeing include former eBay CEO Meg Whitman, who currently heads Quibi, former Rep. Charlie Dent of Pennsylvania and former Massachusetts Gov. Charlie Baker, according to a new Politico report.Kasich is the most prominent candidate on the list. The Republican former Congressman, who is an outspoken critic of President Donald Trump, has endorsed Biden and spoke at August’s Democratic National Convention.
Commission will mute mics during final
debate between Trump and Biden
48 replies
Posted by Imright 10/20/2020 5:13:34 AM Post Reply
The Commission on Presidential Debates has decided to mute microphones to allow each candidate the opportunity for uninterrupted remarks during this week’s final forum.The mute button will be featured at the start of each 15-minute segment during opening comments, according to the commission. After that time, both mics will be turned on without a mute option to enable debate. The rule change follows the first debate between President Trump and former Vice President Joe Biden that devolved into a frequently interrupted shouting match.
Frank Luntz calls Trump
campaign 'mis-calibrated,' says
it's the 'worst' he's 'ever seen'
47 replies
Posted by Dreadnought 10/20/2020 3:25:54 PM Post Reply
A well-known Republican pollster on Tuesday characterized President Trump’s campaign as "mis-calibrated" and the "worst" he’s ever seen, during a briefing with British strategic advising company Global Counsel. “I’ve never seen a campaign more mis-calibrated than the Trump campaign. Frankly, his staff ought to be brought up on charges of political malpractice,” Frank Luntz said, The Hill reported. “It is the worst campaign I’ve ever seen and I’ve been watching them since 1980," he said, according to The Hill, adding that Trump’s advisers have “their heads up their a--es” if they think Hunter Biden allegations will win them the race. Luntz pointed to polls showing voters care less
Biden: No Legitimacy to Claims Hunter Profited
off Family Name, ‘Desperate Campaign to Smear
Me and My Family’
46 replies
Posted by Imright 10/21/2020 2:43:29 AM Post Reply
During an interview with Milwaukee’s WISN 12 News on Tuesday, 2020 Democratic presidential nominee former Vice President Joe Biden stated that there is no legitimacy to claims by Senate Homeland Security Committee Chairman Sen. Ron Johnson (R-WI) that Biden’s son, Hunter, along with other members of the Biden family, profited off the Biden family name and stated that the claims are a “last-ditch effort in this desperate campaign to smear me and my family.”Reporter Adrienne Pedersen asked, “So, Wisconsin’s Republican Sen., Ron Johnson, put out a statement, on Homeland Security letterhead, saying Hunter Biden, together with other Biden family members, profited off the Biden name. Is there any legitimacy
Trump Team Accuses Gov. Gretchen
Whitmer of Encouraging Assassination
of President Weeks Before Election
43 replies
Posted by Ketchuplover 10/20/2020 12:16:50 AM Post Reply
Donald Trump's reelection campaign accused Michigan Governor Gretchen Whitmer of "encouraging assassination attempts" targeting the president on Sunday afternoon, amid escalating conflict between the two political leaders. Trump's campaign, which uses the handle "Trump War Room" on Twitter, based its allegations against Whitmer on a token with the numbers "8645" clearly visible. The token appeared behind her during an interview with NBC News host Chuck Todd on Meet the Press Sunday morning. "Governor Gretchen Whitmer displayed an '86 45' sign during her TV appearance. 86 can be shorthand for killing someone," the Trump campaign tweeted, alongside a screenshot
Pope endorses same-sex civil
unions in new documentary film
42 replies
Posted by Ribicon 10/21/2020 11:18:57 AM Post Reply
Rome—Pope Francis endorsed same-sex civil unions for the first time as pope while being interviewed for the feature-length documentary “Francesco,” which premiered Wednesday at the Rome Film Festival. The papal thumbs-up came midway through the film that delves into issues Francis cares about most, including the environment, poverty, migration, racial and income inequality, and the people most affected by discrimination.(Snip) While serving as archbishop of Buenos Aires, Francis endorsed civil unions for gay couples as an alternative to same-sex marriages. However, he had never come out publicly in favor of civil unions as pope.
Robert Reich vows purges and show trials
of conservatives if Biden is elected
42 replies
Posted by Hazymac 10/20/2020 9:34:25 AM Post Reply
Is the average American voter really thinking about all the ways to get back at voters who voted for President Trump? [Tweets] Well, it's what certain influential Democrats want, full blown show-trials and purges, same as the communists pioneered. Seems that equality and redistribution, don't really motivate them in the promises of socialism -- purges, show trials, Gulags and re-education camps are what get them going. And it makes sense. Socialism has failed everywhere it's ever been tried, every time, every place, every place it's ever been practiced, people are poorer,
Whoopi Goldberg Says She’s In a Depression
Over Trump And The Election (Video)
42 replies
Posted by Imright 10/20/2020 5:22:48 AM Post Reply
Something strange is going on. People in the media are convinced that Joe Biden is going to win the election. They point to all the polls that were wrong in 2016 and cling to the belief that Trump will lose.Yet they don’t behave like people who believe they are winning.Take Whoopi Goldberg of The View. She recently claimed that she’s in a depression over Trump.The Washington Examiner reports: Whoopi Goldberg says she’s fallen into a ‘depression’ because of Trump: ‘Everything he says is pi**ing me off’ The View co-host Whoopi Goldberg said President Trump’s words on the campaign trail has caused her to sink into a “depression.”
Former RNC Chairman Michael Steele:Election
Is Choice Between ‘America Or Trump’
40 replies
Posted by Imright 10/20/2020 5:46:21 PM Post Reply
Former Republican National Committee (RNC) Chairman Michael Steele said in a video released Tuesday that the 2020 presidential election is a choice between “America or Trump” and that he is choosing America and presidential candidate Joe Biden.(Video) “This ballot is how we restore the soul of our nation,” Steele stated in a Lincoln Project ad promoting Biden’s candidacy. He suggested Americans have a clear choice between “electing a good man, Joe Biden, and a trailblazer, [California Sen.] Kamala Harris and ensure an orderly transfer of power, or plunge our country into chaos. America or Trump? I choose America.”
Joe Buck and Troy Aikman Caught Slamming
Flyovers During Pandemic on Hot Mic
38 replies
Posted by Ribicon 10/20/2020 12:13:07 PM Post Reply
Military flyovers are a time-honored tradition that are greeted with roars from throngs of patriotic fans at NFL stadiums all over the country. However, given that there are virtually no fans at any NFL stadiums during the pandemic, flyovers over near empty stadiums don’t make a ton of sense. That fact was grasped, discussed, and recorded–unknowingly–by Fox broadcasters Troy Aikman and Joe Buck on Sunday as the pair were caught panning the flyovers on a hot mic.(Snip) Buck: “That’s your hard-earned money and your tax dollars at work.” Aikman: “That stuff ain’t happening with [a] Kamala-Biden ticket
Report: Explicit Photos of Minor in Hunter
Biden’s Laptop Were of a Relative — and He
Was in Some of the Photos WITH HER
34 replies
Posted by Imright 10/21/2020 9:34:07 AM Post Reply
Approximately one third of the explicit photos of minors in Hunter Biden’s laptop were of the same 14-year-old girl — who is one of his relatives, according a shocking new report.Not only were there inappropriate photos of the child on her own, but Hunter Biden was in some of them with her. “A source close to the matter, though, who claims to have seen the images on Hunter’s laptop, told Revolver that about one-third of the images are of the same underage girl. Some of the images are topless, while in others she is shown in suggestive positions with Hunter himself,” Revolver News reports.
Breaking News: Here’s Why the Mayor
of Moscow’s Wife Paid Hunter Biden
$3.5 Million… And Likely More!
34 replies
Posted by Imright 10/20/2020 5:27:31 AM Post Reply
According to US treasury documents provided by the Senate Finance and Homeland Security Committees, Hunter Biden was paid $3.5 million from the Mayor of Moscow’s wife.The report by the Senate Finance and Homeland Security Committees was released last month and it was devastating.Hunter Biden received a $3.5 million wire transfer from Yelena Baturina, the wife of the former mayor of Moscow.Until today we didn’t know why Yelena Baturina paid Hunter millions of dollars.OAN reporter Jack Posobiec has the answer.Jack Posobiec met up with Matthew Tyrmand, the investigative reporter who had received a tranche of emails from Hunter Biden’s associate, Bevan Cooney.
Post New Article