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originally posted by: ImagoDei
a reply to: DBCowboy
So tell me, how is Trump not at fault? Why didn't Trump do literally anything to secure America's future? Why was everything he did so easily nullified by Biden once he was out of office?
His entire time in office was a lame duck term. But somehow he's the greatest president in history. Le derp. 😂
originally posted by: underpass61
Meanwhile, Biden is still reading everything on the teleprompter LOL!
"Four more years PAUSE"
TRANSCRIPT:
REPORTER: “The president says that he wants to let the tax cuts, the Trump tax cuts, to expire. If that law expires, it does raise taxes on almost every American. So, does he still support that expiry without anything else in place?”
JEAN-PIERRE: “So, look, as you said, the president is going to allow — is going — is going to let the Trump tax cut expire and he was very clear. But he will not raise taxes on anyone making less than $400,000 a year.”
originally posted by: Zanti Misfit
a reply to: xuenchen
" Biden Drains Entire Northeast Gasoline Reserve In Bid To Lower Gas Prices As He Trails Trump By Double Digits "
www.zerohedge.com...
Is that Even Legal ? Biden's act here is a Direct Threat to our National Security !
originally posted by: WeMustCare
Tuesday, April 23, 2024
In addition to being responsible for gasoline costing 74% more and food 21% more, JOE BIDEN has promised to increase the amount of Federal Income Taxes we pay next year, if Americans give him another 4-year term in the White House. From a campaign speech President Biden gave in Pennsylvania last week...
More at: nypost.com...
“[Trump] was proud, very proud of his $2 trillion tax cut when he was president that overwhelmingly benefited the wealthy, and the biggest corporations and exploded, exploded the federal debt.”
President Biden vowed Friday that former President Donald Trump’s 2017 tax cuts would lapse next year if he’s re-elected and “stay expired” — meaning higher taxes for middle class and low-income Americans.
Biden, 81, lambasted Trump’s Tax Cuts and Jobs Act (TCJA), which permanently lowered corporate taxes from 35% to 21%, and temporarily lowered personal income tax rates through 2025, as a giveaway to the rich, in a speech to electrical union members in Washington.
By NOT extending or making permanent the "Trump Tax Cuts", President Biden will be raising everyone's taxes...causing us to pay a higher percentage of our income to the Federal Government (aka "Uncle Sam").
Examples at: finance.yahoo.com...
The top individual tax rate dropped from 39.6% to 37% under the terms of the Tax Cuts and Jobs Act (single filers making $578,126 and over),
the 33% bracket fell to 32% ($182,101-$231,250),
the 28% bracket to 24% ($95,376-$182,100),
the 25% bracket to 22% ($44,726-$95,375) and
the 15% bracket to 12% ($11,001-$44,725).
Not extending the TCJA beyond 2025 would mean every American would need to reassess their spending and tax returns, and plan to pay 1% to 4% more in personal income taxes.
Summary: President Biden increased our cost-of-living by 30% over the past 3 years. Now he's PROUDLY promising to increase our Federal Tax bills. For MOST working Americans, instead of sending 22% of their income to the IRS, they will begin sending 25% of their income to the IRS. Ouch!
I remember clearly to this day how Super Wealthy U.S. House minority leader NANCY PELOSI bashed the Trump Tax Cuts as meaningless "crumbs", from the perspective of working-class individuals. Yet all she could do was babble incoherently, when reporters asked her why she didn't help balance the budget by cancelling those "crumb" tax cuts, after she became Speaker of the House in 2019.
Surely President Biden has seen what happens to candidates who promise/vow to raise taxes. They commit Political Suicide. Perhaps Joe Biden doesn't want to be President again, but his "handlers" are forcing him to run? So he promises to raise taxes, on top of Biden-Inflation, and...he's out of there. Back to his Delaware basement, for good. ❓
-WeMustCare