Dems on taxes

[Peter1469]

Here are two articles that may appear to contradict each other, but don't when you consider Dems are economic illiterates.

1.Dems want huge tax cuts for the rich

They want to bring back the SALT tax deduction that let people right off on their federal income taxes their state taxes. The tax reform capped that at $10K. If the Dems bring SALT back, it will be one of the largest tax breaks in history. And it will benefit people in states with punitive levels of taxation.

2. If you are in the middle class, Biden wants to raise your taxes

Biden and the other Dems running want to eliminate Trump's tax cuts. That will slam the middle class like a tsunami. The average Joe got a $2000 tax relief from Trump. The Dems are furious at that.

Read both articles at the link.

[DGUtley]

I don't understand them. I truly don't. "Make this economy work for everyone" -- what does that really mean? Giveaways?

[Hoosier8]

Well the dem debate last night made it clear that the dems want to raise taxes by a huge amount and they still cannot explain how they will pay for their extravagant spending.

[Peter1469]

Well the dem debate last night made it clear that the dems want to raise taxes by a huge amount and they still cannot explain how they will pay for their extravagant spending.

They will stunt the economy with their schemes and the federal government will collect less tax revenue.

[Collateral Damage]

They will stunt the economy with their schemes and the federal government will collect less tax revenue.

It has been proven over the years, and dare I say common sense applies that when you 'ask' someone for a $1, more people are more likely to give it, then if you 'ask' for $20. A lower tax rate is more likely to have more people actually paying it, then demanding more.

[Mini Me]

Well the dem debate last night made it clear that the dems want to raise taxes by a huge amount and they still cannot explain how they will pay for their extravagant spending.

They did explain!

But you weren't listening!

[Peter1469]

They did explain!

But you weren't listening!

They said they would raise taxes and everything would work just fine. They lied to you.

[Common]

They did explain!

But you weren't listening!

Tell us how they said they were going to pay for all their freebies, because no one else heard it but you

[Mini Me]

Tell us how they said they were going to pay for all their freebies, because no one else heard it but you

Bernie's Wall Street tax, repealing the Trump Tax Giveaway to the rich, ending endless Neocon Wars, etc.

It seems like you did'nt watch the debates!

[Peter1469]

Bernie's Wall Street tax, repealing the Trump Tax Giveaway to the rich, ending endless Neocon Wars, etc.

It seems like you did'nt watch the debates!

What tax cut to the rich? Where does such a retarded idea come from?

Tax cuts go to taxpayers. The rich did well, and the middle class did better. The poor didn't get $#@! because they don't pay federal income taxes. Only a communist believes that a person who does not pay taxes gets money when there is a tax cut.