Joe Biden Presidency thread *Please read OP - Threadbanned Users Added 4/5/21*

MisterAnarchy wrote: »

Looks like Biden will indeed be a great friend of Ireland.

https://www.irishtimes.com/business/economy/biden-s-global-minimum-tax-rate-carries-big-dangers-for-ireland-1.4525075



Hardly in the door and Biden is planning the first major federal tax hike since 1993.

Propping up the economy during a Pandemic ain't gonna pay for itself.

MisterAnarchy wrote: »

Looks like Biden will indeed be a great friend of Ireland.

https://www.irishtimes.com/business/economy/biden-s-global-minimum-tax-rate-carries-big-dangers-for-ireland-1.4525075



Hardly in the door and Biden is planning the first major federal tax hike since 1993.

Good. Drumpf's cuts cost them an estimated 1.3 trillion. Time to squeeze some rich pips.

https://apnews.com/article/ap-norc-poll-biden-strong-marks-coronavirus-pandemic-ab8397d5e05aca33a9e3a984f7220cac

Biden's approval rating at 61%

Cody montana wrote: »

Are Fox News still running with the dog story?

to be fair, they are well qualified when it comes to talking sh1t...

ohnonotgmail wrote: »

I think the dog bit somebody again yesterday or the day before.

yea second bite

Eric Cartman wrote: »

does the states have put down laws for that like other countries or will the dog be allowed remain. Probably should have a muzzle.

ive no idea, but this is clearly a serious international incident now

Eric Cartman wrote: »

Jesus thats a bad move especially at such a precarious time in the economy . Typical of democrats to do the wrong thing tax wise. The government needs to tighten its belt, not tax people more during this.

Nonsense, while this could be a bad move for Ireland it is potentially a great move for the US.

The last thing Governments should be doing now is cutting expenditure, it should be ramped up with increased capital expenditure, and the US is crying out for improved infrastructure, which can be paid for by increased taxes on corporations who have up to now been on the receiving end of some very generous tax cuts at the expense of actual people.

Wanderer78 wrote: »

you must love paying more taxes then! i think we should move to 15% soon, just to cool all of this off a bit, or we ll be forced into somewhere that really will be dangerous for us

You increases taxes on business and they just pass it on to the consumer anyway.

Wanderer78 wrote: »

you do realise this is bullsh1t, and well proven now

Well proven that the government don't waste tax payers money? I have a truck load of evidence to the contrary.

Exhibit 1: the HSE

Deleted User wrote: »

The most significant planned changes are:

• increasing the income tax rate on earnings over $400,000
• increasing the corporate tax from 21% to 28%
• increasing the GILTI tax from 10.5% to 21%
• creating a higher capital-gains tax rate for individuals making at least $1 million.

So, the average American will barely be affected (if at all) and the rich will instead be taxed more. Would you like to explain to us why you think this is a bad thing, and how you would instead go about improving the US economy?

So more expensive products and less businesses breaking even. Sounds like a plan.

ohnonotgmail wrote: »

What does this have to do with the US government?

Are you suggesting that the US government does not waste tax dollars?

stefanovich wrote: »

Are you suggesting that the US government does not waste tax dollars?

I'm not suggesting anything. I am asking why a reference to the HSE is relevant to a discussion on the US economy.

stefanovich wrote: »

So more expensive products and less businesses breaking even. Sounds like a plan.

or a more serious attempt at reducing rapidly rising wealth inequality! you do realise most wealthy individuals, businesses, institutions etc etc, arent actually using this wealth to truly create jobs, and bettering society?