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The Water Cooler
General Discussion
Biden wants to increase taxes on all you rich working peeps.
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<blockquote data-quote="Rez Exelon" data-source="post: 3567800" data-attributes="member: 5800"><p>Listen, I'm like 90 % sure that most people here are neither earning 400k or more, or collect capital gains in any sort of meaningful way. On the other hand Trumps tax plan included permanent tax breaks for those folks while the middle class is expected to have tax increased in 2021, 2023 (and maybe other years, I didn't look it up for purposes of this comment) because the "tax breaks" he gave were "temporary" and "phased out" over time compared to the ones for yachts and such.</p></blockquote><p></p>
[QUOTE="Rez Exelon, post: 3567800, member: 5800"] Listen, I'm like 90 % sure that most people here are neither earning 400k or more, or collect capital gains in any sort of meaningful way. On the other hand Trumps tax plan included permanent tax breaks for those folks while the middle class is expected to have tax increased in 2021, 2023 (and maybe other years, I didn't look it up for purposes of this comment) because the "tax breaks" he gave were "temporary" and "phased out" over time compared to the ones for yachts and such. [/QUOTE]
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Biden wants to increase taxes on all you rich working peeps.
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