That’s not entirely true. Everyone is affected by Biden’s tax plan.
Yes, you’ll pay more in taxes if you make more than $400k, even more if you’re a corporation, billionaire, investment fund manager, use gift tax loopholes in trusts, or manipulate life insurance loopholes.
If you’re part of the working class, you’ll be paying lower taxes, earning increased child or low-income housing tax credits, as well as earned income credit.
What about retired people?
Retired people are generally working class too. Unless the person owns/owned a large corporation, that is.
Sure but they get their money the same way the rich do, via capital gains.
Not necessarily. Social Security is taxable income. About 40% of people who collect it make enough to have to pay taxes on it. They’d be in the same tax brackets as the lower end of the working class. The remaining 60% make too little to pay taxes on their annual income.
Capitalism forces even the unwilling to participate. It’s a matter of fact that the only way to afford a retirement in the last 50 years as a worker is to invest in private capital. I already want to see the total annihilation of coerced labor, I don’t want to work for my entire life.
The plan is closing the Medicare tax loophole for $400k+ earners. I didn’t mention it because it’s an additional tax on the first category mentioned in both the meme and my comment.
No, but the company that powers the servers they run on does.
And somehow a bunch of hicks in the boonies relate to these fucks when their ancestors used to run moonshine in fast cars around law enforcement. What happened?
“Oh so you want to punish people that work hard to make a big salary, just for the sake of lazy burger flippers?”
“You make less than $400k, does that mean you’re lazy?”
:(
These people would rather die than have what’s good for them. I really wish we could just let them die and then move on with what’s good for the rest of us.
I don’t care if they admit they’re wrong. As long as they go away forever. I would literally pay it to see that.
When I eventually make over 400k, I will be so mad about this!
“I’m mad on behalf of the people who make over $400k a year that I idolize!”
These heroes protecting the billionaires. If we don’t help the billionaires horde all of the money, who will?
Its not that they think they’ll be affected. Its that they believe the market is “fair”, and therefore rich people must have “earned it”, and taxes are an unfair punishment.
Of course the reality is that the market is only ever fair when it approaches equilibrium, which is typically achieved through taxes…
“Of course I don’t, thanks to YOUR policies”
Haha, very funny Genocide Joe, very funny
Nice try, Dimitri.
That’s DimitriBot8297245, to you!
