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The Water Cooler
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Biden wants to increase taxes on all you rich working peeps.
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<blockquote data-quote="SlugSlinger" data-source="post: 3567820" data-attributes="member: 7248"><p>This is going to hurt anyone that has a 401k or invested in the stock market. Increasing taxes will crush investment. Those who it will directly impact will find alternative investments that the .gov will not steal their profits via tax confiscation. That means these folks will sell their stocks and buy something that is not taxed at nearly 53% as in some cases. When they sell their stocks, the markets will drop. When the market drops, the average investor will lose.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3567820, member: 7248"] This is going to hurt anyone that has a 401k or invested in the stock market. Increasing taxes will crush investment. Those who it will directly impact will find alternative investments that the .gov will not steal their profits via tax confiscation. That means these folks will sell their stocks and buy something that is not taxed at nearly 53% as in some cases. When they sell their stocks, the markets will drop. When the market drops, the average investor will lose. [/QUOTE]
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The Water Cooler
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Biden wants to increase taxes on all you rich working peeps.
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