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You Go Joe! Income over a Million? Expect the Sutton principle to impact you.
Looking for a good stock tip? RBGPF as their sales should be up as this all gets accommodated.
Ain't gonna get it. Not with a paper thin majority in Congress and certainly not with Joe Manchin holding serve. Biden already knows this. He's just throwing a sop to the far left of his own party.
Truthfully, it's amazing to watch how both ends of the spectrum are untethered from reality. The progressives thought that Biden was going to be a transformative president, despite holding a slender majority in both houses of Congress.
Meanwhile, the far right thought we were electing Trotsky, despite Biden's long legislative record.
I do think we need higher taxes on the well-off, but retroactive? That smells unconstitutional to me.
Yep. It's one thing if retroactive meant passing a tax bill that was stalled but that merely reaffirmed the status quo that was only temporarily lapsed (there would be no due process/notice issue there). But passing legislation that completely changes the landscape of what people were told was the law and had planned their year based on seems ripe for a 5th Amendment challenge.
Even Biden is smart enough to realize that his big spending government programs can't all be paid for with printed Federal Reserve funny money. The problem is that when you try to tax wealth to pay for all that spending, by the time you get around to it, there's no wealth to tax.
I do think we need higher taxes on the well-off, but retroactive? That smells unconstitutional to me.
Well off.
So you want to tax success when close to 50% of the country has no skin in the game, and some have lived of generational welfare for many decades?
If nothing else, Biden paying people plenty of money to do nothing has proved (even in todays day and age), many peoples lazy nature kicks in, and you cannot get them to work so long as you provide a fish for them to eat every day.
Cut the free meal off, and suddenly they go out and find work, or continue to live off of the producers.
Many with an entitlement attitude or just their lack of ambition would be happy to stay at home, smoke dope, and allow others to fund their sloth & gluttony.
Well off.
So you want to tax success when close to 50% of the country has no skin in the game, and some have lived of generational welfare for many decades?
If nothing else, Biden paying people plenty of money to do nothing has proved (even in todays day and age), many peoples lazy nature kicks in, and you cannot get them to work so long as you provide a fish for them to eat every day.
Cut the free meal off, and suddenly they go out and find work, or continue to live off of the producers.
Many with an entitlement attitude or just their lack of ambition would be happy to stay at home, smoke dope, and allow others to fund their sloth & gluttony.
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The labor shortages are local and isolated cases, meanwhile there are a lot of people who work full time and still cannot lift their family out of poverty. Have some empathy for those less fortunate.
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