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Mask is OFF: Biden Proposes Hiking top cap gains Tax 20% to 45% (Bloomberg)
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Poast new message in this thread
Date: March 12th, 2024 11:43 AM Author: pale range https://www.bloomberg.com/news/articles/2024-03-11/capital-gains-hikes-at-center-of-biden-s-second-term-tax-agenda
https://archive.is/dFufA#selection-1317.0-1839.40
Capital Gains Hikes at Center of Biden’s Second-Term Tax Agenda Biden plan would increase taxes on investments to 44.6% Taxes will be top issue in 2025 when Trump’s tax cuts expire
US President Joe Biden US President Joe BidenPhotographer: Hannah Beier/Bloomberg By Laura Davison, Lauren Vella, and Erin Schilling March 11, 2024 at 6:00 PM UTC
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Listen 5:12 President Joe Biden’s budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax fight set to consume Washington next year. Congress will be forced into tough negotiations over the future of the tax code, with large portions of former President Donald Trump’s 2017 cuts set to expire at the end of 2025. Many lower- and middle-income households will see a tax increase if lawmakers don’t act, providing motivation for both Democrats and Republicans. Trump has vowed to push for the “biggest tax cuts” ever if returned to power. Biden, meanwhile, is seeking higher levies on large businesses and investors, while preserving some of his rival’s cuts. Here are details on the tax proposals in Biden’s budget request released Monday: Capital Gains The budget proposal would increase the capital-gains tax rate to equalize the taxation of investment and wage income. That would mean capital gains for those earning at least $1 million would be taxed at a base rate of 39.6%, up from 20%. Biden is proposing to increase the 3.8% Medicare tax to 5% for those earning at least $400,000 to shore up the program’s trust fund. That would mean the richest taxpayers would pay a 44.6% federal rate on investment income and other earnings. The plan also calls for taxing assets when an owner dies, ending a benefit that allowed the unrealized appreciation to go untaxed when transfered to an heir. Billionaires Tax Biden is proposing a 25% minimum tax rate on households worth at least $100 million, hitting many of the richest Americans — who currently pay an 8% rate on their incomes because of tax preferences that allow them to reduce their bills — with significant tax increases. Income Taxes Biden is proposing to raise the top personal-income tax rate to 39.6%, from 37%, for those making more than $400,000. That higher rate would reverse a cut signed into law by Trump. Corporate Taxes Trump’s 2017 corporate tax cut would get significantly rolled back, bringing the top rate to 28% from 21%. The proposal also calls for increasing the taxes US companies owe on their foreign earnings to 21%, doubling the 10.5% rate in Trump’s tax law. The president also proposed adopting the under-taxed profits rule included in the Organization for Economic Cooperation and Development’s global minimum tax, which would allow the US to tax a company if it is paying below a 15% rate and the country where it’s headquartered also isn’t applying the 15% minimum rules. Biden would also impose a 21% corporate minimum tax on domestic companies, an increase from the current 15%, which means that some businesses are restricted from using all their tax breaks. Read More: Biden’s $7.3 Trillion Budget Sets Spending, Tax Fight With Trump Biden Budget Calls for More Modest Growth, Stubborn Inflation Biden Seeks $8 Billion to Expand American Climate Corps Carried Interest The carried-interest tax break used by private equity fund managers to lower their tax bills would be eliminated under the Biden plan. Under current law, investment fund managers can pay the 20% capital-gains rate on a portion of their incomes that would otherwise be subject to the 37% top individual-income rate. Stock Buyback Tax The plan would quadruple a tax on stock buybacks that was added to the tax code in Biden’s Inflation Reduction Act. The proposal, to increase the rate to 4% from 1%, would reduce the differential tax treatment between share repurchases and dividends and urge companies to spend that money on wages or equipment. Executive Compensation, Private Jets The proposal would deny corporate tax breaks for compensation paid to any employee that exceeds $1 million. That expands a provision in Trump’s law that denied tax breaks for salaries for a narrow set of executives. Biden’s plan also rolls back tax breaks for private jet travel. Last month, the Internal Revenue Service announced it would increase audits of private plane use by large companies and high-income taxpayers. Estate, Gift Taxes Biden calls for strengthening the tax rules governing estates and gifts, making the system more difficult for wealthy individuals and trusts to avoid taxes. Imposing more estate tax rules would mean wealthy individuals would face additional taxes on their fortunes when they die before that money is passed onto their heirs. Real Estate The budget proposal would eliminate a tax break known as “like-kind exchanges” that allows wealthy investors to avoid paying taxes on the proceeds of a property sale if they reinvest those profits into real estate. Oil and Gas Biden is renewing his call for Congress to end tax incentives cherished by the oil and gas industry, including a deduction for some drilling costs, a write-off for production from marginal wells, and a tax break under which mineral rights owners can claim some of the value of the oil and gas reserves removed from their property. Child Tax Credit Biden would expand the child tax credit to $3,600 for children under six and $3,000 for older children, up from $2,000 — reverting to a more generous version Democrats passed in 2021 during the height of the Covid-19 pandemic. The plan would also expand the earned income tax credit, a benefit for low-income workers, for individuals who do not have children. — With assistance from Jennifer A Dlouhy |
Date: March 12th, 2024 11:46 AM Author: Chestnut therapy place of business great so now in addition to 30%-200% inflation that is still rapidly increasing, also my 401K/investments will go to shit and I'm probably going to lose my job. great job Biden. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486367) |
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Date: March 12th, 2024 11:48 AM Author: Curious telephone (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486376) |
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Date: March 12th, 2024 11:48 AM Author: indecent station rigor HOLY FUCKING SHIT WHAT THE ACTUAL FUCK. THIS IS UNACCEPTABLE. FUCK JOE BIDEN. FUCK TAXES. DEATH TO ALL GLOWNIGGERS DEATH TO USA (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486377) |
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Date: March 12th, 2024 2:03 PM Author: Abusive floppy juggernaut field (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486908) |
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Date: March 12th, 2024 11:48 AM Author: Glittery resort double fault so basically hes proposing to raise the jewishness rate of the us tax code by like 30%. great. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486381) |
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Date: March 12th, 2024 2:04 PM Author: Abusive floppy juggernaut field You really think JEWS like this???? This is directly targeted AT US!!!! (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486910) |
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Date: March 12th, 2024 3:20 PM Author: Glittery resort double fault lmao (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47487144) |
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Date: March 12th, 2024 11:48 AM Author: brilliant swashbuckling pisswyrm Jfc (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486383) |
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Date: March 12th, 2024 11:53 AM Author: Apoplectic seedy area Liberals seethe with rage at the idea of any wage earner being able to live a decent life, support a family and retire comfortably. It cannot be overstated how much liberals absolutely hate this and want to destroy these people (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486404) |
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Date: March 12th, 2024 11:53 AM Author: indecent station rigor (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486406) |
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Date: March 12th, 2024 11:53 AM Author: pale range (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486408) |
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Date: March 12th, 2024 11:54 AM Author: Chestnut therapy place of business they literally view people keeping the money they earn as a form of government spending (i.e. - the money belongs to the govt). (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486411) |
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Date: March 12th, 2024 11:56 AM Author: pale range they literally call NOT taxing you a "subsidy" to you
in the 401k thread from a while back shitlib economists kept calling retirement accounts that |
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Date: March 12th, 2024 11:58 AM Author: Apoplectic seedy area This is true. If a wagie makes $400k and pays $150k in taxes, liberals shriek with hatred about the government giving this fellow a $250k subsidy (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486420) |
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Date: March 12th, 2024 11:55 AM Author: trip whorehouse sweet tailpipe (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486412) |
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Date: March 12th, 2024 12:08 PM Author: narrow-minded jet deer antler (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486470) |
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Date: March 12th, 2024 12:10 PM Author: bull headed pontificating jew windowlicker Yes all of these proposals would clearly hit “wage earners” really, really hard. How can a wage earner survive when their capital gains taxes on $1M+ in earnings goes up? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486486) |
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Date: March 12th, 2024 12:14 PM Author: Chestnut therapy place of business why do you think that money belongs to the government? can't the govt just spend less money? maybe stop giving billions to Ukraine? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486499) |
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Date: March 12th, 2024 12:29 PM Author: narrow-minded jet deer antler (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486571) |
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Date: March 12th, 2024 12:29 PM Author: pale range (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486574) |
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Date: March 12th, 2024 12:31 PM Author: Well-lubricated nofapping pocket flask (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486583) |
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Date: March 12th, 2024 12:35 PM Author: bull headed pontificating jew windowlicker What? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486598) |
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Date: March 12th, 2024 12:36 PM Author: Chestnut therapy place of business like if we didn't give trillions to Ukraine and made the govt much smaller in general then the govt wouldn't have to confiscate money that people earn from them and our society might be better off? why is that so hard? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486605) |
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Date: March 12th, 2024 1:33 PM Author: bull headed pontificating jew windowlicker I agree we definitely need to address out of control sending, in combination with a return to more typical tax rates for high earners and corporations, to address the deficit. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486823) |
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Date: March 12th, 2024 1:37 PM Author: Chestnut therapy place of business no, people and businesses should keep the money they earn. wtf is a "typical" tax rate anyways? more shareblue bullshit? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486832) |
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Date: March 12th, 2024 1:53 PM Author: bull headed pontificating jew windowlicker Not a big “history” guy? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486866) |
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Date: March 12th, 2024 1:58 PM Author: Chestnut therapy place of business tax rates from 20+ years ago are irrelevant dipshit. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486885) |
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Date: March 12th, 2024 2:02 PM Author: Abusive floppy juggernaut field More like 60+ years ago and there were so many exemptions that the tax code became a joke (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486898) |
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Date: March 12th, 2024 3:25 PM Author: ungodly mischievous chapel dysfunction listen, 6 quadrillion Jews died in the Holocaust (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47487172) |
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Date: March 12th, 2024 1:08 PM Author: Curious telephone (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486744) |
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Date: March 12th, 2024 1:47 PM Author: hairless sound barrier genital piercing The billions to Ukraine are about on par with MSFT’s purchase of Activision. They need to Fire all of the Losers who work for the government imho. They should all live in Trailers (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486852) |
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Date: March 13th, 2024 9:35 AM Author: ultramarine tantric office pervert (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47489491) |
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Date: March 12th, 2024 12:42 PM Author: Apoplectic seedy area Fuck you. I will vote straight ticket Republican for the rest of my life because of this. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486648) |
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Date: March 13th, 2024 12:09 PM Author: bull headed pontificating jew windowlicker I’m sure you were a hardcore Dem before ;-) (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47489945) |
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Date: March 12th, 2024 12:49 PM Author: Maniacal Pearl Police Squad Theater Truck Drivers for Trump are OUTRAGED, planning a new convoy. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486677) |
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Date: March 12th, 2024 12:16 PM Author: Sadistic Skinny Woman (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486507) |
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Date: March 12th, 2024 12:48 PM Author: Maniacal Pearl Police Squad Theater How would this plan impact "wage earners"? We have to be nice to rich people or else they won't give us jerbs? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486672) |
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Date: March 12th, 2024 1:02 PM Author: Apoplectic seedy area It would raise my taxes and I'm a wage earner. Any other brilliant questions? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486721) |
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Date: March 12th, 2024 1:10 PM Author: Maniacal Pearl Police Squad Theater You didn't build that (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486754) |
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Date: March 12th, 2024 12:48 PM Author: Impertinent peach goyim *stares at screen*
*blasts fart into chair* |
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Date: March 12th, 2024 1:09 PM Author: Exhilarant friendly grandma (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486748) |
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Date: March 12th, 2024 1:05 PM Author: Fluffy international law enforcement agency old irish cottage (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486737) |
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Date: March 12th, 2024 1:31 PM Author: Abusive floppy juggernaut field (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486816) |
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Date: March 12th, 2024 3:27 PM Author: ungodly mischievous chapel dysfunction your life is worth less than the fungus underneath Rabbi Shmuley's pinky toenail (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47487184) |
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Date: March 12th, 2024 12:01 PM Author: Aqua boyish step-uncle's house Gotta love those proposed child tax credits. We’ll go from $8,000 in child tax credits to $13,200 in tax credits (a 65% increase). (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486437) |
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Date: March 12th, 2024 12:10 PM Author: canary liquid oxygen here's a more detailed breakdown
https://taxfoundation.org/research/all/federal/biden-budget-2025-tax-proposals/ |
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Date: March 12th, 2024 12:13 PM Author: Histrionic house ratface zero chance this passes this year. even with a D landslide, this wouldn't take effect until 2026 right? hoping for a JMIA windfall next year... (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486497) |
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Date: March 12th, 2024 12:14 PM Author: french glassy base becky To be fair,
"Oy vey -- pay your fair share, goys!" |
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Date: March 12th, 2024 12:15 PM Author: Burgundy affirmative action goal in life this kind of stuff is pointless to "discuss" because nobody who isn't a shitlib would ever support a tax increase since that tax money goes straight to shitlibs
it's literally just a wealth transfer to shitlibs. the entire federal government is shitlibs. any increase in taxes is funneled to shitlibs
there is no scenario where any sane person would support a tax increase in the united states unless shitlibs are removed from power |
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Date: March 12th, 2024 12:15 PM Author: indecent station rigor (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486502) |
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Date: March 12th, 2024 12:17 PM Author: Burgundy affirmative action goal in life like, would i support a tax increase on the wealthy or corporations in principle? maybe? possibly? who knows
but would i support taking money from rich people and giving it to fat evil niggers or jews who hate white people and will use that money as leverage to hurt white people? no, of course not, and any increase in taxes is simply that |
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Date: March 12th, 2024 12:29 PM Author: Spectacular hyperactive roast beef weed whacker wow (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486573) |
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Date: March 12th, 2024 12:30 PM Author: narrow-minded jet deer antler (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486577) |
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Date: March 12th, 2024 12:39 PM Author: trip whorehouse sweet tailpipe (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486625) |
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Date: March 12th, 2024 1:10 PM Author: mentally impaired appetizing gunner abode (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486752) |
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Date: March 12th, 2024 12:17 PM Author: Sadistic Skinny Woman (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486510) |
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Date: March 12th, 2024 12:16 PM Author: Ivory jap half-breed (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486506) |
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Date: March 12th, 2024 12:28 PM Author: Vengeful Ape Outting as the rare xo poas without 1M in regular annual market gains. Be that as it may, this would seem not to affect me at all (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486564) |
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Date: March 12th, 2024 12:30 PM Author: Chestnut therapy place of business do you think this money being in the hands of the government will improve your life at all or improve you ability to earn money? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486578) |
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Date: March 12th, 2024 12:44 PM Author: Apoplectic seedy area It's not $1 million or capital gains. It's capital gains of people with income over $1 million. That's basically everyone on xo these days. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486652) |
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Date: March 12th, 2024 12:53 PM Author: Vengeful Ape Oh wow. “I guess I’m fucked now” (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486689) |
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Date: March 12th, 2024 12:45 PM Author: Maniacal Pearl Police Squad Theater I support this 100% since 98% of my income comes from "labor" (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486662) |
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Date: March 12th, 2024 1:14 PM Author: talented tripping twinkling uncleanness quadroon How is that possible? You’ve been a lawyer for 20 years and have multiple multimillion dollar judgements. Did you not invest any of your earnings? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486767) |
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Date: March 12th, 2024 1:18 PM Author: canary liquid oxygen the secret sauce here is 20 years of bad decisions/life choices (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486778) |
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Date: March 12th, 2024 1:28 PM Author: Maniacal Pearl Police Squad Theater I mainly invested in a house. And supporting the lifestyle of a lady who doesn't like to earn wages (she says our tax code "disincentivizes work"). (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486807) |
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Date: March 12th, 2024 12:47 PM Author: Impertinent peach goyim This is extremely 180. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486670) |
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Date: March 12th, 2024 12:48 PM Author: grizzly motley nowag sanctuary He already proposed most of this shit before but it went nowhere. We really are at a tipping point where if shitlibs ever control congress at the same time, the country will be permanently fucked. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486674) |
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Date: March 12th, 2024 12:56 PM Author: Maniacal Pearl Police Squad Theater We must ensure an American future that doesn't jeopardize RSF's ability to Travel for a living (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486704) |
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Date: March 12th, 2024 1:03 PM Author: grizzly motley nowag sanctuary This tax "plan" will fuck any UMC person who doesn't want to be a wagecuck and is trying to build wealth through investments. Financial independence is evil and wrong after all. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486726) |
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Date: March 12th, 2024 1:11 PM Author: Spectacular hyperactive roast beef weed whacker would the plan even hurt RSF? for some reason i'm thinking this would be triggered only by people earning $1m in wage income. trust funders earning $5m in capital gains continue to pay the lower rate. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486757) |
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Date: March 12th, 2024 2:01 PM Author: grizzly motley nowag sanctuary Capital gains tax brackets would probably still interact with ordinary income the way they do now. People with no ordinary income and 400k in capital gains aren't paying in the 0% capital gains bracket. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486896) |
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Date: March 12th, 2024 2:03 PM Author: Abusive floppy juggernaut field It's not just RSF too. This preys on the new UMC (net worths of $1m-5m) (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486903) |
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Date: March 12th, 2024 2:28 PM Author: grizzly motley nowag sanctuary I have enough flexibility thst most of these taxes will not directly affect me, but realistically they will cost me 10-20% of the value of my portfolio through market declines (or reduced gains) and inflation. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486979) |
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Date: March 12th, 2024 1:09 PM Author: mentally impaired appetizing gunner abode More money to people that hate me and my family and will weaponize it for tranny bathroom mandates etc. great. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486747) |
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Date: March 12th, 2024 1:11 PM Author: Maniacal Pearl Police Squad Theater Thought you was a Asian dude (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486758) |
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Date: March 12th, 2024 1:12 PM Author: mentally impaired appetizing gunner abode I wish. Look at how retarded my poasts are. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486761) |
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Date: March 12th, 2024 1:13 PM Author: Maniacal Pearl Police Squad Theater WTF am I the only person who thought this? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486764) |
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Date: March 12th, 2024 1:14 PM Author: mentally impaired appetizing gunner abode No, a xo search of gibberish is a wall of dog eating ops. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486769) |
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Date: March 12th, 2024 1:17 PM Author: Maniacal Pearl Police Squad Theater Is your wife at least Asian (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486774) |
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Date: March 12th, 2024 1:18 PM Author: mentally impaired appetizing gunner abode Not in the slightest. Blonde and blue eyes. She has family in hong kong which is where I think this all got started. I'm just as disappointed as you. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486777) |
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Date: March 12th, 2024 1:22 PM Author: Maniacal Pearl Police Squad Theater Yeah. No offense man, but I don't want to read anymore fuck machine posts now. This was only 180 when I pictured her as Lulu Chu. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486794) |
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Date: March 12th, 2024 1:41 PM Author: Plum university depressive What is it about miscegenation that turns you on so much, and why wouldn’t you at least troll for white guys to be with the most attractive non-white races (ie latinas and middle eastern chicks)? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486841) |
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Date: March 12th, 2024 1:45 PM Author: Maniacal Pearl Police Squad Theater idk man, but I do know that the most attractive non-white races are WOCs then Asians. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486851) |
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Date: March 12th, 2024 2:44 PM Author: mentally impaired appetizing gunner abode Same. I think they're disgusting to be honest. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47487040) |
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Date: March 12th, 2024 1:19 PM Author: trip whorehouse sweet tailpipe You think libs don't hate Asians? (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486781) |
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Date: March 12th, 2024 1:25 PM Author: Maniacal Pearl Police Squad Theater Libs were the ones who came up with Stop Asian Hate to keep white supremacists from violently attacking them all the time. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486798) |
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Date: March 12th, 2024 1:30 PM Author: Lime casino multi-billionaire haha ok. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486814) |
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Date: March 12th, 2024 1:32 PM Author: narrow-minded jet deer antler Stop Asian Hate was invented by Asians who felt BLM was sidelining them in institutions and was a feeble attempt to remain relevant in the DEI hierarchy. It failed. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486819) |
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Date: March 12th, 2024 1:11 PM Author: cerebral elastic band property I can't wait to see how Obeezy spins this tax hike. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486755) |
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Date: March 12th, 2024 1:13 PM Author: talented tripping twinkling uncleanness quadroon Cap gains should be taxed at same rate as ordinary income but inflation should be backed out. Insane to tax people on mere inflation adjustment as if it were “gains.” (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486763) |
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Date: March 12th, 2024 1:28 PM Author: Chestnut therapy place of business alternatively, libs can go lick the underside of my nutsack (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486805) |
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Date: March 13th, 2024 12:26 AM Author: talented tripping twinkling uncleanness quadroon Far left liberal Reagan made cap gains and ordinary income the same rate in 1986 (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47488988) |
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Date: March 12th, 2024 1:27 PM Author: razzle-dazzle impressive sandwich and on that note, i guess i'll vote for trump (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486801) |
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Date: March 12th, 2024 1:51 PM Author: misanthropic den macaca Hey guys I'm looking for the Trump MAGA Populist forum. Looks like I wandered into the Heritage Foundation. lol, but seriously it looks like the increase on cap gains to ordinary rates is just for incomes over $1 million. None of this stuff is really impacting UMC's. We need to address income and wealth inequality. And you can't do that without touching the tax code. The FACT SHEET looks great.
https://www.whitehouse.gov/briefing-room/statements-releases/2024/03/11/fact-sheet-the-presidents-budget-cuts-taxes-for-working-families-and-makes-big-corporations-and-the-wealthy-pay-their-fair-share/ |
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Date: March 12th, 2024 1:57 PM Author: Well-lubricated nofapping pocket flask >>>'s. We need to address income and wealth inequality
No we don’t. The sole purpose of taxation should be to raise funds for the government in the most efficient manner possible. Taxes are not for enforcing subjective social science experiments
xoxo hth |
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Date: March 12th, 2024 1:58 PM Author: Abusive floppy juggernaut field Tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers)
May you rot in a pit of hell |
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Date: March 12th, 2024 1:59 PM Author: narrow-minded jet deer antler Why do we need to raise taxes when we spend 1/3rd more than we make? If we earned 1/3rd more than we do now, wouldn't we just spend even more? It seems like with 4T income and 6T out the door, if we closed than gap wouldn't we just spend 7 or 8T? How much spending is enough for you people? By how much do you personally want to grow the government? What more do we need them to do, for the love of God? It never ends with you people. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486886) |
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Date: March 12th, 2024 2:01 PM Author: Abusive floppy juggernaut field They want UNATCO from Deus Ex (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486894) |
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Date: March 12th, 2024 2:06 PM Author: narrow-minded jet deer antler It's kooky how the globalists all figured out that no one in their native country would ever want this so every single white country is now flooded with unchartable numbers of illegal brown people who are desperate for citizenship and will vote for the establishment. This is the greatest one weird trick in modern history. Democrats couldn't win a single state besides California if only whites could vote. It would be 49 to 1 year after year. But 150 million minorities wow. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486922) |
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Date: March 12th, 2024 8:42 PM Author: medicated razzmatazz jewess (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47488288) |
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Date: March 12th, 2024 2:00 PM Author: Chestnut therapy place of business you pee sitting down and fart your nigger wife's bull's cum out of your asshole and no, we don't "need to address income and wealth inequality" you pinko recent immigrant trash. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486890) |
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Date: March 12th, 2024 2:01 PM Author: Abusive floppy juggernaut field (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486895) |
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Date: March 12th, 2024 2:03 PM Author: narrow-minded jet deer antler (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486906) |
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Date: March 12th, 2024 2:23 PM Author: Well-lubricated nofapping pocket flask Wow (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47486960) |
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Date: March 12th, 2024 3:28 PM Author: ungodly mischievous chapel dysfunction wow BRAP BRAP (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47487192) |
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Date: March 12th, 2024 8:35 PM Author: disturbing temple (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47488245) |
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Date: March 12th, 2024 8:41 PM Author: french glassy base becky (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47488277) |
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Date: March 13th, 2024 6:44 AM Author: dashing principal's office athletic conference You're too stupid (and poor) to make normative statements about the economy (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47489289) |
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Date: March 13th, 2024 8:18 AM Author: misanthropic den macaca My taxes went up when I lost salt deductions. None of these increases would impact xo’ers. We probably saw more tax increases in this board from the trump tax bill. Xo and the dissident right is full of shit about its so-called “populist” leanings. Trump is already going on about cuts to entitlements and gutting financial and labor regulations. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47489369) |
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Date: March 13th, 2024 12:25 AM Author: Lascivious school gaming laptop Everyone's dumb here.
He's saying this in an election year which means he wants to say he'll do it but never will.
This is for the voters. The actual law will be written to protect the elites. |
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Date: March 13th, 2024 6:11 AM Author: Carmine 180 Boistinker Cr. They had the chance to do all of this stuff a few years ago when Dems held POTUS and both chambers. They didn’t even try for the low hanging fruit stuff (ending the higher estate tax thresholds for example). Nancy Pelosi doesnt want to pay taxes any more than you do. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47489279) |
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Date: March 13th, 2024 8:21 AM Author: misanthropic den macaca They went after the corporate tax rate but couldn’t get the deal. That one is probably the lowest hanging fruit but you need a bigger majority because you’re always going to have some cunt like Sinema holding out. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47489373) |
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Date: March 13th, 2024 11:24 PM Author: stirring state (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47492089) |
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Date: March 13th, 2024 1:06 AM Author: know-it-all private investor spot oh no! Not capital gains increase on those earning $1 million plus!
what next? SALT deduction? |
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Date: March 13th, 2024 10:27 PM Author: ultramarine tantric office pervert IIRC, these NYC finance types voted for this bullshit. (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47491884) |
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Date: March 13th, 2024 9:54 AM Author: adulterous saffron kitchen cuckoldry YOUTHANIZE lmao you fucking princessy faggots (http://www.autoadmit.com/thread.php?thread_id=5503106&forum_id=2#47489546) |