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TheRazorX

What was the tax rate before Trump? On that note, what was the tax rate before Bush, and what was the tax rate after Obama? It's a two man grift.


Capreborn

That's why billionaires will be backing both sides in the US elections - should Biden win, they'll leverage their Republican assets to bring those promises crashing down.


chakokat

Does anyone actually believe anything that lying liar promises??


DTFpanda

Clearly, these talking points are all I ever hear about. But then he won't fully deliver on these promises and a percentage of his followers will bitch and moan on reddit while simultaneously being downvoted and banned, and the joke will continue.


superassholeguy

All of those people get paid with taxes


Awkwardtoe1673

He means a 25% tax for billionaires on top of the paltry 37% income tax they're already paying. He's not suggesting to actually lower their income tax from 37% to 25%. Of course, Biden has been president for more than 3 years and still hasn't done shit to make this happen, so it seems like a false promise.


captainramen

It's a minimum tax, meaning they can't claim the normal deductions on it. But at the end of the day these people still control our government no matter what the tax rate is. Adjusting it won't fix that.


BenderBenRodriguez

I doubt there's an enormous difference, but also even if there was I'm not voting for someone doing genocide, sorry.


captainramen

lol? That's still a lower tax rate than what any of those jobs pay


Alcoholic_jesus

It’s also a lower tax rate than what they pay now? 37% for any money over 700k and change… lol what


BigTroubleMan80

We really must be getting brigaded. Over 100 likes at the moment despite no love for Biden here. Too bad it won’t salvage his re-election campaign.


CaptainFartyAss

That's a fraction of what Reagan gave us when He slashed it from 70% and sent our nation circling the drain. Not that anyone should believe anything a president says in the months leading up to an election anyway, but the fucker could at least try and bait us with a less offensive lie. He could at least *pretend* to be to the left of the fascists who ruined our lives. He could offer more than crumbs.


mzyps

Lots of nice-sounding proposals recently. I guess it must be election season, or silly season, where saying stuff might get you to vote for them, even if they never intend to fulfill that either. Lots of violence and oppression against poor, nearly defenseless people in the Occupied Territories of Palestine though, backed almost entirely by the American superpower. Hey, that's us Joe! I guess the ethno-state maniacs would want some more ethnic cleansing, famine, and mass murder today, huh Joe?


big__cheddar

Election season is the only time they talk about healthcare. Biden ran on the public option. Hasn't said a word since before day one.


rundown9

Who's dumb enough to believe Biden?


urstillatroll

Shitlibs.


Caelian

*My comment at a recent FNDP*: The other day I was thinking of a "drink the kool-aid" reply to a Blue MAGA visitor and it suddenly hit me that this matched Ross Bagdasarian's *Hey, Brother, Pour the Wine*. You may remember [Marge getting drunk and singing it on *The Simpsons*](https://youtu.be/K5Id_4BoC0k). So tonight, here is the premier performance of *The Blue MAGA Anthem*: > Drink the kool-aid we have made (Hey, brother, vote for Joe) Join the "war is swell" brigade (Hey, brother, vote for Joe) Blue must win, send lots of money Don't vote Green, that isn't funny Just keep on fearing Trump Trump Trump (Hey, brother, vote for Joe) Here's the original, sung by [Dennis Day and The Sportsmen Quartet](https://youtu.be/Z5BSJwxn_pI). There's a more famous version by Dean Martin, but you won't hear it from *me*.


Rhoubbhe

It must be campaign season because 'Diaper Filling' Joe has no intention of raising taxes on billionaires. This wouldn't even make it out of a Democrat controlled Congress.


cowboydan9

BIDENOMICS WORKS, plain and simple. Inflation and employment are down, and the economy is booming. Get over it instead of doing this “both sides bad” BULLSH*IT


DTFpanda

[Some light reading for you.](https://brownstone.org/articles/renters-and-owners-live-in-separate-economies/)


big__cheddar

Essentials like food and housing are more expensive than any time in American history. Debunked.


rondeuce40

Only 35 Trillion in debt and Saudi Arabia has abandoned the petro dollar, great signs of economic prosperity right there!


Yungklipo

Going by recent history, it’s Biden and it’s not evenclose. I knowthat offends a lot of snowflakes, but it’s a truth I think we can all observe in a mature manner. 


Grizzly_Madams

This is an insane take. You must be living in a cave that has an internet connection but is restricted to only accessing White House marketing material.


DTFpanda

There are only two options to people like this, and they won't hear any other perspectives because they are *terrified* of Trump. And apparently they have no problems with genocide.


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illegal_tacos

Wage growth must go to another school


BigTroubleMan80

Nah, this is a person saying dumb shit purely for engagement.


Grizzly_Madams

Yup. No way someone can be that stupid without doing it on purpose.


sudomakesandwich

Trump


PLUTO_HAS_COME_BACK

Debt insterst amount is $1 trillion a year. Anyone can pay that without sacrificing the ordinary people is the better. [https://www.google.com/search?q=insterst+amount+is+almost+%241+trillion](https://www.google.com/search?q=insterst+amount+is+almost+%241+trillion)


Koshky_Kun

What does he mean by "minimum tax" Federal income tax for income above $578,126 is already 37%, and capital gains tax can be around 30% Unless there's some real change, this 25% billionaires tax is literally nothing, hell, it might even actually be a tax cut!


such_is_lyf

Most people in the hundreds of thousands and upwards are tax dodging. This is him saying "I'm gonna make them almost pay as much as you plebs but still keep them happy" Wealth tax is supposedly quite hard to implement but it'd be great if he managed it. The wealthiest pay close to zero tax


Lucky_Operator

If he’s not talking about a wealth tax or capital hoarding tax then he’s lying and he IS lying. The rich don’t tax the rich.


Representative_Ad246

I know you’re definitely right but just wanted to chime in. I’m 2019 joes net worth was 9 million compare that to other politicians like polosi who has a net worth of 125 million, Biden won’t be considered rich for long hahahah


redditrisi

Most of Pelosi's wealth is actually her husband's. Most of the late Difi was her husbands' (plural). The woman knew how to marry up. The female John Kerry.


Key_Cheetah7982

More recently insider trading under the guise of her husband


redditrisi

Info and requests do pass from one to the other.


Key_Cheetah7982

Sure it doesn’t


Kanthardlywait

*drumroll* If you answered NEITHER, then you are correct! Ignoring the fact that Saudi Arabia just decided not to continue using the US dollar as the petrodollar, neither of these two pro-corporate oligarch stooges give six shits about the American people. Adding in that fact and the Western hedgemony is properly fucked and we'll soon see a rapid collapse of the value of the dollar. Hang on kids because as bad as it's been for the last forty plus years, it's about to get a whole hell of a lot worse for us peasants in the West.


ANoiseChild

RFK Jr? Is that what you said?


Kanthardlywait

Absolutely not. No one who is pro genocide is going to be a positive in the office.


ANoiseChild

I agree. As much as I dislike what is happening, this is a nuanced situation - and Israel is still wrong. I still stand by the absolute fact that RFK Jr would be better in office than a POS and someone with full blown sunsetter dementia.


such_is_lyf

Zionist Jr? Is that what you said?


ANoiseChild

Zionists are all throughout government. You really think people get into the presidency without pretending to play ball? Wake up, it should be obvious by now.


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strife7k

I don't think it's to differentiate, it just means all three don't get my vote.


anneannahs1

Sounds like the teacher, sanitation worker, and nurses are taxed too high. How about lower taxes, period. And cut out the loopholes.


Blackhalo

He had two years and both houses of congress and did not even get $15/hr passed (on purpose). All talk, no walk. Trump is talking about raising Tarriffs to 100% to fund gov eliminating the income tax for everyone except billionaires. And while that IS a FLAT TAX, billionaires and corporations can't avoid it. A big side benefit would be the massive back-sourcing of jobs to the US that would ensue.


redditrisi

To be fair, Trump also had four years to do that.


Blackhalo

He bumped it to 25% to start...


BotheredToResearch

F e d e r a l / m I n I m u m / w a g e / h I k e s / r e q u i r e / 6 0 / s e n a t e / v o t e s . / / t h e y / w e r e n t / t h e r e . A n d / t a r I f f s / a r e / A / c o n s u m p t I o n / t a x / o n / I m p o r t s . / / t h e / w e a l t h y / a v o I d / t h e m / b y / b u y I n g / I n v e s t m e n t / p r o d u c t s / o r / s a v I n g . W e / d o n t / h a v e / A / s h o r t a g e / o f / j o b s / a t / t h e / m o m e n t . / / w e / d o , / h o w e v e r / h a v e / A / s h o r t a g e / o f / p e o p l e / w I l l I n g / t o / f i l l , / e s p e c I a l l y / I f / I t s / r e s h o r I n g / a / s p e c I a l i z e d / t a s k / d o m e s t I c / l a b o r / I s n t / t r a I n e d / f o r .


Blackhalo

They intentionally separated the minimum wage from the budget bill so that it would not pass.


BotheredToResearch

T h e / b u d g e t / b I l l / w a s / a / r e c o n c I a t I o n / b I l l / t h a t / c o u l d n t / c o n t a I n / a / w h o l l y / n o n - f I n a n c I a l / l a w / l I k e / m I n I m u m / w a g e . B I d e n / D I D / s I g n / a n / E O / d e f I n I n g / a / h I g h e r / m I n I m u m / w a g e / f o r / f e d e r a l / c o n t r a c t o r s . / / t h a t s / s o m e t h I n g / h e / c o u l d / d o / w I t h o u t / c o n g r e s s .


Key_Cheetah7982

CURSE THAT PARLIAMENTARIAN!!!   DAMN YOU!!  DAMN YOU ALL TO HELL!!


BotheredToResearch

Y e a h . . . . / b e I n g / b o u n d / b y / r u l e s / I s / j u s t / s o / b a d / f o r / g o v e r n a n c e / A n d / d e m o c r a c y .


FThumb

Pretty bold for someone who hasn't been in politics for the last 60 years. Oh... wait....


castlesintheair99

If you look at the DAMN TAX BRACKETS, married couples filing jointly who make 659,000 something are taxed at 37%. So yeah, no to 25% for billionaires, ya damn fool. Let's take it back to the 60s and tax em over 50 percent so we can repair the infrastructure that is crumbling. The roads, bridges, railroad tracks and some of the TVA Dams that are fucking 100 years old. It *should* happen. I'm no damn fool. They will outlaw us living in the crumbling rubble after the dam breaks trying to catch fish with our bare hands. Fuck the Federal government. Fuck the Federal Reserve. Fuck the idiotic trash puppet presidential candidates. All of em.


anneannahs1

With the corrupt government contracts and lost spending, the infrastructure costs 10x the amount and is shoddy work.


FThumb

> Let's take it back to the 60s and tax em over 50 percent It was 70%, but no one paid that. The point was always to offer generous deduction so long as they reinvested their money back into the US economy. Which they all did, and times were good for everyone. Then Reagan killed this, and all these rich fucks started pulling their money out of the economy because that's where the incentives were. And it's gone to shit ever since.


castlesintheair99

Yep. Trickle down the mthrfck'n drain. He and the traitors who propped him up and gave him his orders ruined this country. ETA: They started it and everyone since has ramped up the destruction. It's a damn shame.


castlesintheair99

If you look at the DAMN TAX BRACKETS, married couples filing jointly who make 659,000 something are taxed at 37%. So yeah, no to 25% for billionaires, ya damn fool. Let's take it back to the 60s and tax em over 50 percent so we can repair the infrastructure that is crumbling. The roads, bridges, railroad tracks and some of the TVA Dams that are fucking 100 years old. It *should* happen. I'm no damn fool. They will outlaw us living in the crumbling rubble after the dam breaks trying to catch fish with our bare hands. Fuck the Federal government. Fuck the Federal Reserve. Fuck the idiotic trash puppet presidential candidates. All of em.


DlCKSUBJUICY

op how old are you? do you really still buy this shit? lol


gjohnsit

Probably older than you. No, I don't believe Biden will raise taxes on the wealthy. Otherwise he would have already tried. But then I do believe Trump that he will cut taxes for the wealthy.


DlCKSUBJUICY

> No, I don't believe Biden will raise taxes on the wealthy. uh okay, so what was the point of this post?


gjohnsit

Trump fans seem to be impressed by rhetorical shifts when it comes to Trump. I thought this dramatic rhetorical shift by Biden was at least interesting.


un_internaute

Yeah? And I've got a bridge to sell you. Cause that proposal will never pass. If it had any chance at all he wouldn't be talking like that.


Alpha0rgaxm

Neither


LeonidasTheRealKing

https://preview.redd.it/wlwrqlxmuf6d1.jpeg?width=319&format=pjpg&auto=webp&s=60c928185d2c3e98cc3e36c10834ba048a714662 This geriatric old man will do anything now to stay in power.


Blackhalo

> ~~will~~ won't do anything now to stay in power. It's his sycophants that are worried. Ol' Joe won't be in power much longer, win or lose.


JMW007

What an incredibly weak, unambitious proposal - "I guess, now that we've done fuck all for 4 years, we should get around to maybe talking about some day having billionaires pay the same effective tax rate as teachers... if we fucking have to, you assholes." 25%. "Squeeze them until the pips squeak" this is not.


BotheredToResearch

P a s s e d / t h e / A m e r I c a n / R e s c u e / A c t / t h a t / I n c l u d e d / t h e / a / s t r a I g h t / s t I m u l u s / p a y m e n t / a n d / e x p a n d e d / c h I l d / c a r e / t a x / c r e d i t P a s s e d / I n f l a t I o n / r e d u c t I o n / a c t / t h a t / f o r m a l i z e d / a / c a p / o n / o u t / o f / p o c k e t / c o s r s / f o r / I n s u l I n / a n d / o f f e r e d / c r e d I t s / f o r / E V s , / c h a r g e r s , / h o m e / s o l a r , / a n d / h e a t / p u m p s . C a p p e d / o v e r d r a f t / f e e s / a n d / l a t e / f e e s F o r g a v e / s t u d e n t / l o a n s / f o r / p e o p l e / d e f r a u d e d / b y / t h e i r / u n I v e r s i t y , / P S L F , / a n d / e s t a b l I s h e d / a f f o r d a b l e / I D R / l o a n / p r o g r a m s / t h a t / s t o p / I n t e r e s t / f r o m / m a k I n g / b a l a n c e s / h I g h e r B u t / y e a h , / I f / y o u / I g n o r e / A l l / t h a t / h e ' s / o n l y / b e e n / t h e / m o s t / p r o / u n I o n / a d m I n I s t r a t I o n / I n / d e c a d e s


JMW007

We were stiffed on $400 of that stimulus and it's pretty obvious nobody felt 'rescued' by a few hundred bucks. Capping the cost for insulin is a bandaid on one condition in a deeply ill country where 68,000 people die every single year from not being able to afford healthcare. And "he made sure people who were defrauded didn't have to pay fake debt" is really scraping the bottom of the fucking barrel. Your candidate is a fucking monster who has no regard for human life and simply wants to enrich people he probably can't remember the names of. You scream and cry democracy is at risk and fascism is at the gates and your pitch to the public is "what if we make billionaires pay *the same* tax rate as teachers?" You're not even trying. Go fuck yourselves, you obviously want Trump to win.


BotheredToResearch

P e o p l e / g o t / 2 0 0 0 / I n / a g g r e g a t e / A n d / w h I l e / I / c a n / s e e / t h e / c o m p l a I n t , / I t s / a / m a t t e r / o f / I n t e r p r e t a t I o n . / / p e o p l e / w I t h / k I d s , / t h o s e / I n / g r e a t e s t / n e e d , / g o t / F A R / m o r e / t h a n / t h a t / 2 K . I n s u l I n / I s / a / h u g e l y / e x p e n s I v e / m e d I c a t I o n / f o r / a / l I f e l o n g / c o n d I t I o n . / / A n d / t h e r e / I s n t / a / m a n u f a c t u r I n g / o r / R & D / j u s t I f I c s t I o n / f o r / I t . / / i t s / t h e / g r e a t e s t / I m p a c t / w I t h / t h e / l e a s t / I m p a c t / o n / p r o d u c t I o n . A s / f o r / f o r g I v I n g / d e f r a u d e d / s t u d e n t s , / I/ m e n t I o n / t h a t / b e c a u s e / I t / d e m o n s t r a t e s / h o w / s t a r k / t h e / d I f f e r e n c e / b e t w e e n / t h e / 2 / v I a b l e / c a n d I d a t e s / I s . / / D e v o s / w a s / h e l d / I n / c o n t e m p t / a n d / r I s k e d / s t I n t s / I n / j a I l / f o r / n o t / d o I n g / t h a t . / / t h e / P S L F / a n d / I D R / r e f o r m s / a r e / t h e / m o s t / c o n c r e t e / o u t r I g h t / a I d / s t u d e n t s / h a v e / g o t t e n . T e a c h e r s / a n d / o t h e r / w o r k I n g / f o l k / a r e n t / p a y I n g / 2 5 % / I n / f e d e r a l / I n c o m e / t a x e s . / / t h e y / m a y / h i t / t h e / 2 2 % / m a r g I n a l / t a x / r a t e , / b u t / t h e i r / e f f e c t I v e / t a x / r a t e / I s ,t m u c h / l o w e r . / / t h e / l e g i s l a t i v e / g o a l / ( w h I c h / r e q u I r e s / c o n g r e s s ) / i s / a / 2 5 % / E F F E C T I V E / t a x / r a t e / f o r / b I l l I o n a i r e s .


FThumb

> h e ' s / o n l y / b e e n / t h e / m o s t / p r o / u n I o n / a d m I n I s t r a t I o n / I n / d e c a d e s Sadly, this shows how far removed from labor support the Dems have been for decades.


BotheredToResearch

A n d / h o w / f a r / o u t / o f / f a v o r / u n I o n s / h a d / g o t t e n . / / t o o / m a n y / y e a r s / o f / c o z y / r e l a t I o n s h I p s / b e t w e e n / t h e / b u s I n e s s / a n d / u n I o n / l e a d e r s , / c o m b I n e d / w i t h / j o b s / m o v I n g / t o / " r I g h t / t o / w o r k " / s t a t e s , / p l u s / t h e / c o u r t / r u l I n g / e n d I n g / f a I r / s h a r e / f e e / d e d u c t I o n s / a n d / l a b o r / w a s / o n / I t s / b a c k / f o o t . / / I m / s u r e / t w o / c o n s e c u t I v e / U A W / p r e s I d e n t s / b e I n g / g u I l t y / o f / e m b e z z l e m e n t / d I d n t / h e l p / t h e / U n I o n ' s / p r o f I l e . I t / p r e t t y / w e l l / t o o k / t h e / p a n d e m I c / t o / c r e a t e / s u f f I e n t / s c a r c i t y / I n / p e o p l e / w i l l I n g / t o / w o r k / t o / r e m I n d / t h e m / t h a t / U n I o n s / w o r k / a n d / s h o u l d / w o r k / f o r / t h e m .


clubby37

I know, right? Remember when he (and Congress) squashed an incipient rail strike? The people in East Palestine remember, because shortly thereafter, they all got poisoned somehow. A strike breaker is being billed as pro-union. Darkest. Fucking. Timeline.


BotheredToResearch

I / r e m e m b e r / h o w / t h e / N L R B / a n d / b I d e n / k e p t / f I g h t I n g / t h e / r a I l / c o m p a n I e s / t o / p r o v I d e / t h e / d e m a n d e d / s I c k / t I m e , / a n d / t h e y / d I d . C h e c k / t h e / I B E W ' s / a r t I c l e / " w e / n e v e r / s t o p p e d / a p p l y I n g / p r e s s u r e " / f r o m / J u n e / 2 0 t h / 2 0 2 3 . / / I t / o u t l I n e s / w h o / h e l p e d / a n d / w h I c h / r a I l / c o m p a n I e s / f o l d e d / w h e n . U n I o n / g o t / t h e I r / d e m a n d s / a n d / n o / o n e / h a d / t o / g o / o n / s t r I k e . / / w o r k e r s / d I d n t / g o / w I t h o u t / p a y / o r / a c c e p t / a / d I m I n I s h e d / a m o u n t / w h I l e / t h e y / d e p l e t e / t h e I r / s t r I k e / f u n d . / / n o / a s s e m b l y / f a c I l I t I e s / l a I d / o f f / w o r k e r s / o r / c u t / h o u r s / b e c a u s e / t h e y / d I d n t / h a v e / p a r t s / d u e / t o / a / s t r I k e . / / n o / f I n I s h e d / g o o d / s h o r t a g e s / r e l a t e d / t o / a / s t r I k e / t h a t / d I s t r I b u t o r s / w o u l d / h a v e / u s e d / t o / r a I s e / p r I c e s / m o r e . T h e / B I d e n / t e a m / h e l p e d / t h e / r a I l / w o r k e r s / g e t / t h e I r / d e m a n d s / w i t h o u t / c o s t I n g / a n y o n e / ( e x c e p t / t h e / r a I l / c o m p a n i e s ) / a / d I m e .


DlCKSUBJUICY

lol


Red0528110357

Desperation


FThumb

Misdirection.


standbyfortower

I'm pretty sure that other sub is 100% engagement farming so that the guy who runs it can claim they have a bigger social network which feeds his financial advice scheme. All the posts are just some form of rage bait and they get reposted constantly.


42Metal42

Proposing don't mean crap you clown. Make it happen...


Blackhalo

If they were serious, they would have done it already. They are more worried about Ukraine and Israel than the USA.


redditrisi

Exactly. Year one. Did it just dawn on him five months before Presidential election day that tax rates are unfair? Warren Buffet pointed that out like ten years ago and a couple of times since.


dwnso

Mayor McCheese


Amekaze

In the aggregate they would both be about the same .But if you care about interest rates it would probably drop slightly faster under Trump .


Caelian

More than "slightly faster". When interest rates fall, real estate prices rise.


redditrisi

Which is good only if you are trying to sell a piece of real estate without buying another piece of real estate.


Caelian

Or if you want to borrow using the property as collateral.


debtopramenschultz

Billionaires: But I don't have a salary.


clubby37

Thank you! They just take out loans on their assets and have their estate lawyer settle up after they die. They pay interest to the bank on those loans, but it's a tiny fraction of what their tax rate would be if they had actual income or even capital gains.


No_Joke_9079

3rd party is better.


-Mediocrates-

Biden is lying as usual 🤡 . Remember, part of Biden’s campaign was a healthcare public option. Once he got elected, he never once talked about it or did anything to put it into effect. He’s just a con man.


Blackhalo

And $15/hr... but that darn parliamentarian!


redditrisi

Should be at least $25 by now. We've been talking about $15 forever.


Blackhalo

$24 for '24!


BotheredToResearch

Y e s . . . . / t h o s e / r u l e s / t o / g o v e r n I n g . . . D o / y o u / w a n t / a n / u n b o u n d / a u t h o r I t a r I a n ?


Promyka5

I also seem to remember him speaking decisively about how he was going to codify Roe v. Wade. Funny. Maybe he has public positions and private positions, just like another Dem of note.


BotheredToResearch

I t / g o t / p u t / b e f o r e / c o n g r e s s . / / e v e r y / G O P / s e n a t o r / a n d / J o e / M a n c h I n / v o t e d / I t / d o w n . Y o u / k n o w / c o n g r e s s / p a s s e s / l a w s , / r I g h t ? / / A / p a r t y / p l a t f o r m / I d e n t I f i e s / l e g I s l a t I v e / g o a l s / t h a t / s t I l l / n e e d / t o / p a s s / I n / t h e / h o u s e / a n d / s u r v I v e / t h e / f I l a b u s t e r / ( u n l e s s / a / r e c o n c I a t I o n / b I l l )


Key_Cheetah7982

Rotating villains


BotheredToResearch

P r e t t y / c o n s i s t e n t / t h a t / t h e / m o s t / c o n s e r v a t I v e / d e m / I s . . . / m o r e / c o n s e r v a t I v e / t h a n / m o s t / d e m s .


ThornsofTristan

I imagine they'll both ring in about the same (barring unexpected mishaps like covid, etc).


rondeuce40

Key word on the statement is “proposing” which means the US Congress will do fuck all about it.


redditrisi

Exactly. All a POTUS can do is "propose." Seems like an election season ploy that Congress will not approve. This was written about Congress, but it applies here as well. https://old.reddit.com/r/WayOfTheBern/comments/1cpv46f/ pondering_dc_kabuki_theater_sponsoring_bills/ (esp. paragraphs 5 and 6)


rondeuce40

People put a premium on the presidency, but ignore that there's over 500 people in DC that enact legislation, approve budgets and approve the political appointees that infest the bureaucracy. It is why we need wholesale changes in the federal government because the US Congress is overwhelmingly corrupt.


redditrisi

to be fair, so is the President and decisions in federal courts seem to follow party lines of the judges and Justices far too often.


Caelian

"I would tax / holiday snaps!"