Over 120 anti-Trump Republicans discussing forming new political party

pgs

Hall of Fame Member
Nov 29, 2008
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B.S. figures lie and liars figure . The tax cuts helped the lower wage earners and middle class , of course they are the rich in your mind .
P.S. why should the rich pay all the taxes . For that matter why do we as a people allow the governments to take so much of our labor in taxes , it is over 50% for me and I am far from rich ? What is the cut off point 100% ?
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
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Trump’s Economic Legacy...

“Economists say Trump’s economic legacy will be defined by his failure in leadership during the COVID-19 pandemic that exacerbated the financial downturn, domestic policies that overwhelmingly benefited the wealthy, and international trade policies that hurt U.S. industry while simultaneously alienating allies.”

There is a pretty big degree of window dressing in articles that portray Trump’s economy as “better than”. It’s hard to draw direct comparisons between Obama’s presidency and Trump’s, there are a couple of big points to connsider. Obama inherited an economy in a shambles given the financial crisis that occurred under Bush’s watch and left iit trending upwards, while Trump is doing quite the opposite, inherited the upwards trends from Obama and leaving it in a shambles. The position that we can only measure Trump’s performance up to the beginning of the pandemic is more than a little biased as it was his total lack of leadership in pandemic response that brought the US to where it is now economically. But even up to the beginning of the pandemic his policies were questionable. He ran the national debt up by 40% after promising to bring it down, the foreign trade deficit is larger than before despite his promises to reverse that, and his tax cuts promised to the “working man” went to the rich.
Has Biden reversed the tax cuts like he promised on is first day yet?
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Hehe. Sorry, but the “fake news” excuse went out the door with ole bonespurs. Anyone who can’t (or won’t) see that man for what he really is has to be blind, stupid, or an accomplice.

They're Trumptards.

It's their job to be dumbass fucks.
 

Twin_Moose

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Link to that promise?

Biden wants to undo Trump's tax cuts. That could rattle ...

https://www.cnn.com/2020/06/10/investing/joe-biden-taxes-stock-market/index.html
Jun 10, 2020Joe Biden, the presumptive Democratic presidential nominee, has proposed lifting the corporate tax rate to 28%. That would reverse half of the cut from 35% to 21% that was enacted by President...

Kamala Harris: Joe Biden will Revoke Trump's Tax Cuts 'On ...

https://www.breitbart.com/2020-elec...biden-will-revoke-trumps-tax-cuts-on-day-one/
Oct 7, 2020"On day one, Joe Biden will repeal that tax bill, he'll get rid of it," Harris said, "and what he'll do with the money, he'll invest it in the American people." Since announcing joining the Democrat ticket, Harris has repeatedly attempted to paint Trump's tax cuts as only benefiting the super-wealthy.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Biden wants to undo Trump's tax cuts. That could rattle ...

https://www.cnn.com/2020/06/10/investing/joe-biden-taxes-stock-market/index.html
Jun 10, 2020Joe Biden, the presumptive Democratic presidential nominee, has proposed lifting the corporate tax rate to 28%. That would reverse half of the cut from 35% to 21% that was enacted by President...

Kamala Harris: Joe Biden will Revoke Trump's Tax Cuts 'On ...

https://www.breitbart.com/2020-elec...biden-will-revoke-trumps-tax-cuts-on-day-one/
Oct 7, 2020"On day one, Joe Biden will repeal that tax bill, he'll get rid of it," Harris said, "and what he'll do with the money, he'll invest it in the American people." Since announcing joining the Democrat ticket, Harris has repeatedly attempted to paint Trump's tax cuts as only benefiting the super-wealthy.

Lol Breitbart

Anyway, he didn't say he would do it on day one and everyone knows he's a moderate so I wouldn't expect the change for a while.
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
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Lol Breitbart

Anyway, he didn't say he would do it on day one and everyone knows he's a moderate so I wouldn't expect the change for a while.

Biden Wants to Raise Taxes, Yet Many Trump Tax Cuts Are Here to Stay - The New York Times

https://www.nytimes.com/2021/01/22/business/economy/biden-trump-tax-law.html
Jan 22, 2021President Biden said during a presidential debate in September that he was "going to eliminate the Trump tax cuts." Mr. Biden is now in the White House, and his party controls both chambers of...

Joe Biden must repeal Trump tax cuts, divided Democrats agree - Washington Times

https://www.washingtontimes.com/news/2020/nov/16/joe-biden-must-repeal-trump-tax-cuts-divided-democ/
Nov 16, 2020Divided Dems agree: Repeal Trump tax cuts for Biden's big-spending agenda President-elect Joe Biden, accompanied by Vice President-elect Kamala Harris, speaks about economic recovery at The Queen...

Election 2020: Will Joe Biden Repeal Donald Trump Tax Cuts? - Bloomberg

https://www.bloomberg.com/news/arti...ell-will-likely-inhibit-biden-s-tax-hike-plan
Nov 7, 2020President-elect Joe Biden has pledged to repeal President Donald Trump's tax cuts as soon as he is inaugurated, but the ongoing financial crisis and the prospect of a Republican-controlled Senate...
2

Are these links better for you?
 

petros

The Central Scrutinizer
Nov 21, 2008
97,172
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Make what up?

Are you THAT clueless?

Corporate taxes in Canada are regulated at the federal level by the Canada Revenue Agency (CRA). As of January 1, 2019 the "net tax rate after the general tax reduction" is fifteen per cent.[1] The net tax rate for Canadian-controlled private corporations that claim the small business deduction, is nine per cent.[1]
 
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