Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
National Review
The Median Household Will Pay More under Biden-Harris Tax Plan
...Most households would face a tax increase under the Biden-Harris tax plan. In fact, as the chart shows, unless your household income is less than $45,600, there is more than a 90 percent chance that the Biden-Harris plan, if enacted, will raise your taxes. In the exact middle of the household income distribution, over 95 percent of households can expect a tax increase if the Biden-Harris plan becomes law. Overall, 82.6 percent of American households can expect a tax increase....
Got to pay for that “free” healthcare for illegals, “free” college, student loan forgiveness, Medicare starting at 60, free universal pre-school, free childcare, and whatever else “free” programs being proposed.
It is really going to zap some people and they won’t know what hit them. But, on the positive side, the lifting of the SALT cap will result in a few less in my total tax bill, and blessing for we HENRYs.
__________________
When I post in bold red that is moderator action and, per the TOS, can only be discussed through Direct Message.
The National Review is a right wing neoconservative rag. The author suggests that 'the people at Wharton aren't friendly to the President'. Trump went to Wharton. Wharton is the ultimate representation of the rich elite in America.
I think the asterisk next to 52% on Biden's plan for Income and Payroll Taxes needs some clarification.
Frankly, Trump's tax plan didn't help America. It drove us further in debt and the supposed "balancing the budget through lower taxes, but expanding the tax base" never panned out. Our economy was healthier before Trump was President than it is now. I think that's all that has to be said.
Saw the article. Tried to see if there was some real numbers to back up the feelings.
Didn't find them.
Ntional Review-- conservative EDITORIAL media outlet.
Meaning they do stories on their feelings.
The other source, posted by MPowering - Atlanta Journal-Constitution - is listed as 'lean left' by AllSides.
Thanks for playing the 'Your Sources Suck' game, though.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.