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Old 11-15-2020, 04:50 PM
 
3,346 posts, read 1,268,036 times
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If you make under 400k a year, you don’t have to worry about a thing. https://taxfoundation.org/joe-biden-tax-plan-2020/
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Old 11-15-2020, 04:51 PM
 
Location: Long Island
8,840 posts, read 4,802,926 times
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Biden straight out said no one making under 400K a year would lose any tax breaks, and everyone knows that.

A lot of us in blue states, however, did get a tax increase when the GOP senate capped the SALT deduction. So the red states are fine with us paying more but they continue to be the takers of federal tax dollars.

https://wallethub.com/edu/states-mos...overnment/2700
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Old 11-15-2020, 04:51 PM
 
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Trump's plan already raises federal taxes on the middle class. It did so for certain states with SALT limits in 2017 and is doing it again across the board in 2022 and 2025. Did you even read his tax plan or are you relying on media?
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Old 11-15-2020, 04:51 PM
 
Location: By the sea, by the sea, by the beautiful sea
68,327 posts, read 54,358,694 times
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Quote:
Originally Posted by Eli34 View Post
If you make under 400k a year, you don’t have to worry about a thing. https://taxfoundation.org/joe-biden-tax-plan-2020/


Biden's the one who has to worry about those who love removing context misrepresenting what he actually said.
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Old 11-15-2020, 04:52 PM
 
46,260 posts, read 27,078,580 times
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Quote:
Originally Posted by burdell View Post
And I know from observation in these forums that what Biden said is often taken completely out of context so "straight from the horse's mouth" is meaningless.

e.g. Biden said he would raise your taxes if you made more than $400K/year but many are pone to omitting the "more than $400K/year" part.


https://www.youtube.com/watch?v=BaWym5mHKAk


But do tell, if biden repeals the trump tax cuts, that means he just raised taxes for everyone, yes? What is his plan after he repeals the trump tax cuts for those under 400k? Once it's gone, it's gone....what's his plan for those that make 400k or less?
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Old 11-15-2020, 04:55 PM
 
8,299 posts, read 3,807,833 times
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Quote:
Originally Posted by chucksnee View Post

https://www.youtube.com/watch?v=BaWym5mHKAk


But do tell, if biden repeals the trump tax cuts, that means he just raised taxes for everyone, yes? What is his plan after he repeals the trump tax cuts for those under 400k? Once it's gone, it's gone....what's his plan for those that make 400k or less?
Did you even read the Trump's tax plan? Biden doesn't need to repeal anything. Trump's plan has taxes being raised for the general population in 2022 and 2025.
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Old 11-15-2020, 04:57 PM
 
46,260 posts, read 27,078,580 times
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Originally Posted by TexasLawyer2000 View Post
Did you even read the Trump's tax plan? Biden doesn't need to repeal anything. Trump's plan has taxes being raised for the general population in 2022 and 2025.

Then you need to tell ole joe, because those are his words, not mine. Did you even watch the 11 second video?
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Old 11-15-2020, 04:58 PM
 
8,299 posts, read 3,807,833 times
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Originally Posted by chucksnee View Post
Then you need to tell ole joe, because those are his words, not mine. Did you even watch the 11 second video?
You spend too much time listening to Joe Biden.
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Old 11-15-2020, 05:00 PM
 
Location: By the sea, by the sea, by the beautiful sea
68,327 posts, read 54,358,694 times
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Quote:
Originally Posted by chucksnee View Post
Then you need to tell ole joe, because those are his words, not mine. Did you even watch the 11 second video?


Tell him what? If he's taking away increases not yet in effect he's certainly not raising taxes on those folks.
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Old 11-15-2020, 05:02 PM
 
Location: Long Island
57,227 posts, read 26,178,741 times
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Quote:
Originally Posted by burdell View Post
Any source(s) or just idle speculation?
Don't expect an answer, Biden's plan doesn't raise middle class taxes.
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