Biden Will Not Renew Trump Tax Cuts

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    • #2088
      Rocky17Rocky17
      Participant

      Family of 4 making 78,000 dollars will see their marginal tax rate go from 12 to 28%.  Worse for higher income individuals obviously.  Steve Bannon highlighted a number of other issues also in his interview with Maria Bartiromo.

    • #2090
      rjnwmillrjnwmill
      Participant

      Worse for higher income individuals obviously.”

      Maybe not Rocky?  I believe an element of the democratic china virus relief package, the Cares Act, is the repeal of the limits on deductibility of State & Local Taxes.  This is an oh so important initiative to combat covid and to put money in the hands of the proletariat.

      How dumb do they think the electorate is?

      Here's a toast with one last pour, may it last forever and a minute more;
      Good fortune seems to you have sung, to live and love way past long

      • #2091
        LegendLegend
        Keymaster

        Exactly. Biden is primarily selling tax cuts for rich people in blue states.

        ____________________________________________________________
        Sic transit gloria mundi (so shut up and get back to work)

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