Biden is now officially the best president since 1909: "No one making less than $400k will pay..."

civilwarbuff

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You prefer to have MANY people just suffer instead of a few incredibly rich people virtually unaffected by a tax rate?
Do you enjoy the same freedoms and amenities provided by the government as everyone else?......then why should you not be expected to ante up the cost for it?
 
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Hammster

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Pommer

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Hammster

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Yeah....I feel like I deserve a prize or a check or something at this point. That's ad revenue lol.
I’m on staff with 124,000 posts. I get paid first. :)
 
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ThatRobGuy

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If that's important to Americans they should boycott those companies.

While there have been examples of some boycotts and public awareness campaigns being successful, against very large companies who's products are deeply ingrained in everyone's lives, that's nearly impossible.

Apart from that, it still doesn't solve the issue at hand.

From an economic standpoint... a company (employing a lot of people) having to close due to a boycott lowering demand for their product has a worse net effect than those companies shifting their new tax burden indirectly onto their employees.


The issue is that a plan of that nature needs to focus on incentivizing, and not coercion/force...because when you boil it down, nobody wants to pay more taxes, and people will always find a way around it.

For instance, a plan along the lines of:
"We're bumping the corporate tax rate from 21% to 28%... but for every 1% of profits given to the employees via profit sharing you give to your workforce making less than $200k, we'll eliminate 2% from the tax rate...up to 10% deducted"

If some form of redistribution was the goal, that would be more efficient as it cuts out the middle-man bureaucracy (which is also expensive) that would be needed to administer it.

The employer could pay out less, the employees would have more money in their pockets, and we wouldn't need a bloated bureaucracy siphoning a third of it trying to administer it.

To use an example, Apple.

$50 billion a year in net profits

Now, if Apple were given the options of
A) pay $14 billion in taxes

or

B) pay $9 billion in taxes, and divide up 2.5 billion among your 147,000 full-time employees (a nice $17,000 check at the end of the year for every full-time employee)

Which do you think they would pick?

Not to mention, even if they paid the full $14 billion in taxes (28%) to the government and left them in charge of distribution, I guarantee you their employees wouldn't be seeing a $17,000 net benefit out of that deal.
 
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Oompa Loompa

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I think it is quite interesting that when Biden says things that are not true, the left calls them gaffs and the right calls him senile. But when Trump says things that are not true, the left calls him a liar and factcheckers throw out Pinocchios like a Mardi Grais parrade. The right just ignores it.
 
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KCfromNC

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I think it is quite interesting that when Biden says things that are not true, the left calls them gaffs and the right calls him senile. But when Trump says things that are not true, the left calls him a liar and factcheckers throw out Pinocchios like a Mardi Grais parrade.
Given the examples presented in this thread, that just means that "the left" (whoever that is) is able to understand the difference between accidentally omitting a word during a speech and outright lying.
 
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Oompa Loompa

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Given the examples presented in this thread, that just means that "the left" (whoever that is) is able to understand the difference between accidentally omitting a word during a speech and outright lying.
So what did Biden mean when he said, "We didn't have a COVID vaccine when I took office"?
 
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Oompa Loompa

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That also would be a lie, since he got his shot in Dec of 2020.
Well...I guess there is no defending him is there? He is either a liar or senile. I would argue both. What bothers me the most is that he is lying about things that are common knowledge. Unless you were hiding under a rock in the last year, you would know that we had 2 working vaccines and a third on the way and millions of people already vaccinated by the time Biden took office. Which leads me to ask, is Biden demented, or does he really think the American people that stupid? I honestly think he has spent so many years saying to many lies that he doesn't even remember what the truth is anymore.
 
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Arcangl86

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So what did Biden mean when he said, "We didn't have a COVID vaccine when I took office"?
In context of the townhall, he probably meant there was no stockpile, but there is no way to know that for sure. Maybe he meant there was one at all. I agree it's not clear. But from what I can see, he only said it once, which allows for room ot believe it was just him misspeaking. Now he has lied about several things, but this wasn't one of them.
 
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Hammster

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In context of the townhall, he probably meant there was no stockpile, but there is no way to know that for sure. Maybe he meant there was one at all. I agree it's not clear. But from what I can see, he only said it once, which allows for room ot believe it was just him misspeaking. Now he has lied about several things, but this wasn't one of them.
He sure does misspeak a lot.
 
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Arcangl86

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He sure does misspeak a lot.
He does, but he's been known as a gaff machine for decades. I also said he there are things he has lied about, and the distinction I make is if he says the same thing multiple times after being informed it was not true, which he has.
 
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