@Jersey2 I would vote for Trump though if I lived in the US, I’m just saying that’s one part that I like for Biden, but I read your comment and makes sense.
Yes, Trumps cutting Social Security and increase taxes on the Middle class also, Trumps cutting Women's Healthcare cause he claims Women cost America also Trump wants to cut Women's right to Maternity leave when they have a job so he is really doing the Women in
First thats on income not financial gains where most of the rich make their money secondly with all the tax loopholes you Americans have no one would actually pay that much
The fundamental flaw with Biden’s plan is when you penalize the successful for being successful then what’s the incentive to be successful? Where will he get his money then?
Yes its very fair. Most of us will pay upwords of 30% in payroll taxes and imcome taxes. Some making 400k doesn't pay full SS tax, can't deduct a boat load of stuff you can't. And by the way... when they pay income tax and say they are in the 28% tax bracket, they aren't paying 28% of 400k... the brakets are stepped. So say first 30k is 15%... then say the next 30k is 18%... etc etc... dont be swindled by the rich saying they pay to much. They have the most to benefit from society.
Matter of opinion I guess. If you charge 30% two people that don't make a whole lot of money they'll have even less. However if you charge 30% to people who make a whole lot of money they'll still have some left over, and the government gets its taxes.
Who gives a fuck? I don't care about his policies or who he taxes or for what amount -- all that shit can be discussed later, after the oval office is fumigated to rid it of the greasy KFC smell and ORANGETANG is fired and sent packing.
so you really think an American based business with American employees and American customers who all speak English are going to pack up and move the whole business to mexico or thailand? not going to happen.
you're talking about the jobs being moved outside of america. the ceo will still have to pay US taxes on his income. so moving jobs overseas accomplishes nothing in terms of lower his tax rate.
jobs were shipped overseas because the labor is cheaper, not because of higher taxes.
Home > Society & Politics > Questions > Biden said he will increase taxes on everyone making $400,000 a year to make them pay their fair share. Do you think this is fair?
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I don't really care tbh, I'll never make as much as $400,000 lol.
You are the target audience. See my answer for the explanation.
@Jersey2 I would vote for Trump though if I lived in the US, I’m just saying that’s one part that I like for Biden, but I read your comment and makes sense.
Yes, Trumps cutting Social Security and increase taxes on the Middle class
also, Trumps cutting Women's Healthcare cause he claims Women cost
America also Trump wants to cut Women's right to Maternity leave
when they have a job so he is really doing the Women in
you suck bidens cock
First thats on income not financial gains where most of the rich make their money secondly with all the tax loopholes you Americans have no one would actually pay that much
Don’t care what non Americans think
Lol how Americans of you it clearly worked well for the Romans
I’m blocking you.
@reptocarl2 do you think he really care about it? Also if you dont care, post on web page only for Americans or change question.
35% on $400000? That's crazy man. Pretty much communism right there.
We need to tax people who live in tents more.
The fundamental flaw with Biden’s plan is when you penalize the successful for being successful then what’s the incentive to be successful? Where will he get his money then?
Most things are about balance. Tyranny exists in all kinds of places.
Yes its very fair. Most of us will pay upwords of 30% in payroll taxes and imcome taxes. Some making 400k doesn't pay full SS tax, can't deduct a boat load of stuff you can't. And by the way... when they pay income tax and say they are in the 28% tax bracket, they aren't paying 28% of 400k... the brakets are stepped. So say first 30k is 15%... then say the next 30k is 18%... etc etc... dont be swindled by the rich saying they pay to much. They have the most to benefit from society.
by the way... I am the guy who pays those kind of crazy taxes. Shit ain't free.
No because it starts with rich people then it goes to the common man and now woman maybe child in future.
Hello 👋
@Franciskk20 thanks
What's your name.. please ?
people who make over $400,000 a year get more in taxes
People who make $50,000 a year: existential screaming
Hello!! why do you say so honey
@Franciskk20 don't call me that.
So sorry okay, what would you want me calling you
@Franciskk20 Don't call me at all.
Why did i do something wrong now?
it would be fair if he was gonna stay president but he is gonna step down so that lady can take more money from people.
Better than Trumps plan to make everyone earning less than $70,000.00 a year pay 30% of their income in taxes within the next 4 years.
That is not true
Matter of opinion I guess. If you charge 30% two people that don't make a whole lot of money they'll have even less. However if you charge 30% to people who make a whole lot of money they'll still have some left over, and the government gets its taxes.
He isn’t raising taxes
https://youtu.be/P3b9J2ObwFM
https://youtu.be/O7R4HWcig6I
https://youtu.be/RoMGHl76k-I
Not credible
That's a pretty low rate. In the UK the top tax rate is 45% for over £150,000. And that's under a Conservative government.
Don’t care about the UK. This is America and we don’t want your policies
Your tax rates are low and you fat cats should be paying more.
Because we are suffering from high taxes other places should suffer as well. Genius!
Perhaps he should concentrate on tax avoidance rather than increasing the taxes.
nope. just because i want to work harder does not mean its time to cut my money.
Who gives a fuck? I don't care about his policies or who he taxes or for what amount -- all that shit can be discussed later, after the oval office is fumigated to rid it of the greasy KFC smell and ORANGETANG is fired and sent packing.
You should care
Yes maybe you should care @tamera
Speaking as a Brit we pay 40% on any thing over £40,000 so your doing well.
Its £50001 for 40% tax. 20% up to £50000
No but that's a liberal it's not about paying for stuff it's about hurting people who have more than you.
why do you care? i doubt you make more than 400k a year.
Because it isn’t right. How would you like it if it was you? You tax them they go elsewhere and take their business elsewhere. Business is jobs
so you really think an American based business with American employees and American customers who all speak English are going to pack up and move the whole business to mexico or thailand? not going to happen.
They have before and it was mostly to China
Shows your young ass knows nothing of history
Trump stopped penalizing and the jobs lost to China started coming back. How do you think he had the lowest unemployment in history?
you're talking about the jobs being moved outside of america. the ceo will still have to pay US taxes on his income. so moving jobs overseas accomplishes nothing in terms of lower his tax rate.
jobs were shipped overseas because the labor is cheaper, not because of higher taxes.
Higher taxes. You don’t get it. How does losing jobs overseas help America
Higher taxes limits expansion
1) Yes,
2) "They’re already paying 35% in taxes" No they aren't.
3) Margaret Thatcher was an idiot.
Flat tax, no deductions or exemptions. Doesn't how much or how little you make, you pay the same percent of income.
Hello 👋 are you happy about it
Que?
There's a song comes to mind feed the poor tax the rich till there rich no more
Why? because enough jobs weren't lost due to the Corona virus. Joe wants to dbl down on that?