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Discussion in 'Offtopic Lounge' started by basicstrategy777, Jan 12, 2021.
If they take our guns.....we are finished......don't let them take your guns.
What guns? I lost mine in a terrible boating accident.
ha....you and a thousand others
Here's How Much Your Income Will Change Under The Biden Tax Plan
BY TYLER DURDEN
FRIDAY, JAN 15, 2021 - 13:47
While the market has so far focused exclusively on the temporary economic sugar high that the Biden fiscal stimulus will unleash on the US economy, which however may be far below Biden's bogey of $1.9 trillion with Goldman now expecting just $1.1 trillion being enacted due to republican opposition, traders are starting to focus on the cost side of the "cost-benefit" analysis.
And, as Deutsche Bank's Jim Reid writes, while "for now it’s all about the size of the stimulus juices flowing into the economy" the pips will likely be squeezed later in the year as the Democrats craft broader infrastructure and tax legislation.
That's why today’s Chart of the Day from Reid shows the distributional impact of Biden’s pre-election tax plan, according to the Tax Policy Center.
At the moment, economists see a joint infrastructure and tax reform bill being passed in late 2021; at that point revenue rises will potentially offset half of the extra spending, although maybe only raising a quarter of the revenue estimated by the tax plan that today’s chart was based on. This is based on the political realities of a split senate and the then looming mid-terms.
In short: the chart shows whose income group will benefit, and which will end up with the tax bill, after Biden's record stimulus is enacted.
8 hours ago
Here's how much spending will change under Biden:
After crippling Trump's economy with lockdowns, Democrats spat in the face of 75 million Trump voters and 88 million Twitter followers. Now Biden says he and vice president Harris “Want to get the economy going again.”
The build up of pandemic goods that people bought over the last year is the Democrat’s Achilles Heel, since 70% of the economy is discretionary consumer demand. Rather than spend money throughout The Biden Economy, Trump supporters should quickly buy whatever they will need for the next two years before the midterms, or all four, if frugal and hardcore.
After February Buy Nothing except perishable food, for cash, in the remaining smaller businesses crippled by Democratic lockdowns that benefitted their corporate donors. Bring on the BIDEN~HARRIS DEPRESSION to destroy them and lessen the chances of Democrats winning midterms, or any future election.
Money you spent earlier will earn high returns as inflation raises prices of what you no longer need to, or cannot buy with supply chain breakage, riots or shutdowns from a “new virus.”
Key paragraph, reduced to 280 characters you can copy and tweet if you like the post.
After February Buy Nothing except perishable food-for cash-in small businesses crippled by Democratic lockdowns benefitting their corporate donors. Bring on the BIDEN~HARRIS DEPRESSION to destroy them and lessen the chances of Democrats winning midterms, or any future election.
Oath Keepers is a non-partisan association of current and formerly serving military, police, and first responders, who pledge to fulfill the oath all military and police take to “defend the Constitution against all enemies, foreign and domestic.” That oath, mandated by Article VI of the Constitution itself, is to the Constitution, not to the politicians, and Oath Keepers declare that they will not obey unconstitutional orders, such as orders to disarm the American people, to conduct warrantless searches, or to detain Americans as “enemy combatants” in violation of their ancient right to jury trial.
The Oath Keepers motto is “not on our watch!”