Joe Biden Wants First Major Tax Hike in Almost Thirty Years: Report
Joe Biden has already proposed an extreme immigration plan. His extreme climate plans are under way. Just recently, he signed a "stimulus" bill that doubles as a massive expansion of the role of government in our lives. It only makes sense that he would be planning the first major tax hike in close to thirty years. Here's what's being reported:
- Raising the corporate tax from 21% to 28%
- Increasing the income tax rate on people making over $400,000
- Expanding the estate tax
- Higher capital gains tax rate for individuals making at least $1 million
And of course, at least a partial repeal of the "Trump tax cuts." The same Trump tax cuts that led to massive recovery, job growth, and the "best economy of our lives." Those are the tax cuts Joe Biden is reportedly planning to repeal.
If the left follows the usual script, they'll point out how this is only a tax hike on millionaires and billionaires. Though, recently, they switched to just billionaires since so many of them have become millionaires. They'll point to polls showing that tax hikes on the rich are popular. Because, as shocking as this may sound, people tend to be more favorable to tax hikes when they think it's other people getting the taxes hiked.
We'll see where things go from here. If I were to guess, an actual tax hike won't be announced until closer to Biden's rumored address to a joint session of Congress next month. This most likely was just leaked to the press today to gauge response.
Bath & Body Works FIGHT OVER MASKS! Mask-Fascists Get Violent | Louder With Crowder youtu.be
Not subscribed to the podcast? Fix that! It's completely free.
- Top 10 Times Joe Biden was a Creep in Public - Louder With Crowder ›
- Tucker Carlson Summarizes Biden's Address: 'How Dare You ... ›
- Joe Biden's Top 10 Creepiest Moments - Louder With Crowder ›
- Mexico Worried Joe Biden's 'Stoking Illegal Immigration' - Louder ... ›
- Joe Biden Ignores Reporter Shouting About a Press Conference ... ›
- Joe Biden Forgot the Name of the Coronavirus - Louder With Crowder ›
- Someone Animated Joe Biden's Bizarre "Hairy Legs" Speech and ... ›
- Joe Biden's German Shepherds Kicked Out of White House - Louder ... ›
- Joe Biden on "To Catch a Predator" (Parody) - Louder With Crowder ›
- Joe Biden Kicks Off 'Help Is Here' Tour in Pennsylvania, Kicks Out Press After Three Minutes? - Louder With Crowder ›
- Joe Biden Cuts Himself Off from Criticizing Sexual Assault Accusers: 'Some Are Not ...' - Louder With Crowder ›
- Media Blackout: Biden Admin Orders Border Patrol to Deny All Press Requests - Louder With Crowder ›
- Freudian Slip Much? Joe Biden Brainfarts, Calls Kamala 'President Harris' - Louder With Crowder ›
- Boom! 21 States Suing Joe Biden Over Killing Jobs, Keystone XL Pipeline - Louder With Crowder ›
- President Biden Trips Over His Own Feet, Gets Back Up, Falls Again - Louder With Crowder ›
- White House Threatens Executive Orders to Push Gun Control - Louder With Crowder ›
- Joe Biden Ready to Flip-Flop on Filibuster, Ram Through Partisan Agenda - Louder With Crowder ›