Article

2021-05-03 Economy

Silicon Valley Billionaire Sounds The Alarm; Biden's Tax Plan Is About To Wreck Havoc

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Posted by JohnQC 2021-05-03 08:49|| || Front Page|| [2 views ] Top

#1 Bottom line: Bilking the richest Americans will, again, dampen innovation, stifle growth, and inhibit job creation

Cui bono?

Posted by g(r)omgoru 2021-05-03 11:48|| 2021-05-03 11:48|| Front Page Top

#2 If you really believe in Modern Monetary Theory -- roughly, the gummint can print as much money as it likes without any adverse effect -- the only purpose of taxation is to punish regime enemies, or at least to improve the opportunities for graft. As I'm not the first to observe.

Posted by Matt 2021-05-03 12:07|| 2021-05-03 12:07|| Front Page Top

#3 Doesn't include property taxes. That's another 5-10% of income.

USSA is now approaching Swedish tax rates -- while the Swedes (and the French) are LOWERING G their overall tax rates on the wealthy...

Posted by Hupusoque Prince of the Danes2008 2021-05-03 12:33|| 2021-05-03 12:33|| Front Page Top

#4 Experts don't believe in The Law of Unintended Consequences

Posted by magpie 2021-05-03 13:06|| 2021-05-03 13:06|| Front Page Top

#5

Does anyone doubt me when I say....
I am sure the filthy rich have not put all of their $$$$ in just the ~~USA~~ USSA basket.

Or do you think even 10% of Mark Zuckerberg's $117B $$$$ is in the USA?

Posted by NN2N1 2021-05-03 15:35|| 2021-05-03 15:35|| Front Page Top

#6 You assholes funded and voted for this. Now you are gonna get it.

Posted by DarthVader 2021-05-03 16:33|| 2021-05-03 16:33|| Front Page Top

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