How will Joe Biden GOVERN? General Biden Administration F**kery Thread

CrimsonTider

Seduce & Scheme
WOAT
Joined
Apr 30, 2012
Messages
83,117
Reputation
-13,916
Daps
131,501
noted and i adjusted my stance slightly before your post...however i would like to note that investing landscape is vastly different now than 2008 in terms of how many people are in due to increased accessibility etc. not that your referenced paper is obsolete just that it is not necessarily transferable at the moment either
It really hasn’t
i'm with you... the growth rate of many companies would be likely to slow down which affects all of us.. don't even see how that's arguable.

this is patently false. Companies do not make decision based on taxes. Never have and never will
 

EndDomination

Veteran
Supporter
Joined
Jun 22, 2014
Messages
31,600
Reputation
7,205
Daps
110,884
Wealthy people knew this tax was coming. Trust, they'll find a way around it, they always do.
If we get that international tax passed, it’d be a whole lot harder.
Most people overestimate how clever companies are, they’re utilizing tax loopholes you discover in your undergraduate tax classes or tax law in law school, nothing too complex.

they’ll also just pay the tax if there isn’t an easy way out of it - or lobby for more tax breaks in other areas.
 

DEAD7

Veteran
Supporter
Joined
Oct 5, 2012
Messages
50,944
Reputation
4,411
Daps
89,016
Reppin
Fresno, CA.
Are you typing this out from the 1950s :russ:
:manny:Corporate taxes represent like 6-7% of revenue at best...
This is a joke economically, meant to please leftist.
If they were serious they would be raising taxes on people middle class and up.
Every nation that does what the left seemingly wants our govt to do heavily taxes the middle class. Either Dems are bout that life or their not.
:yeshrug:
 

EndDomination

Veteran
Supporter
Joined
Jun 22, 2014
Messages
31,600
Reputation
7,205
Daps
110,884
:manny:Corporate taxes represent like 6-7% of revenue at best...
This is a joke economically, meant to please leftist.
If they were serious they would be raising taxes on people middle class and up.
Every nation that does what the left seemingly wants our govt to do heavily taxes the middle class. Either Dems are bout that life or their not.
:yeshrug:
They’re only 6% because we aren’t taxing them enough :mjgrin:
And raising taxes on the middle class, accompanied by massive cut in defense spending, a drastic increase in corporate and capital gains taxes, and universal health care/higher education - would be a much easier pill to swallow.

Increasing taxes on the middle class without accompanying amenities is silly.
 

alybaba

Pro
Joined
May 9, 2012
Messages
803
Reputation
130
Daps
1,227
Reppin
NULL
The tax hike impacts less than 0.2% of Americans. Don’t understand why people are simping for the top 0.2%

I know we are psychologically wired to be twice as impacted by losses / potential losses, but worry about this when you actually have an AGI over $1mm

This also effectively closes the carried interest loophole
 

Hood Critic

The Power Circle
Joined
May 2, 2012
Messages
24,178
Reputation
3,747
Daps
110,272
Reppin
דעת
Top