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Pepe
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28 Apr 2023, 12:19 pm

goldfish21 wrote:
Would be much cooler if he started taxing Billionaires right now instead of promising that he might make time to get around to it if he gets re-elected.

Just saying. They all pull this same bs. Sorry, can't do what's right for people while I'm in power right now because ???? re-elect me first.


OMG!! ! 8O
We agree!! ! :mrgreen:



goldfish21
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28 Apr 2023, 12:24 pm

Pepe wrote:
goldfish21 wrote:
Would be much cooler if he started taxing Billionaires right now instead of promising that he might make time to get around to it if he gets re-elected.

Just saying. They all pull this same bs. Sorry, can't do what's right for people while I'm in power right now because ???? re-elect me first.


OMG!! ! 8O
We agree!! ! :mrgreen:

8O :heart: :heart: 8)


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28 Apr 2023, 12:29 pm

Honey69 wrote:
The_Walrus wrote:
cyberdad wrote:
My primary reason for wanting the republicans to win in 2024 with Trump (not De Satan) is because Trump is the best hope to pull US support for Ukraine thus freeing up oil reserves reducing the cost of fuel (no other reason)

You want Ukraine to fall to the Russians... so that your petrol price goes down?

Just buy an electric car.


In Ancient Rome, the citizens got bread and circuses.

In the United States, it is cheap gasoline/petrol.

You forgot NASCAR and football.


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Misslizard
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28 Apr 2023, 12:32 pm

goldfish21 wrote:
Pepe wrote:
goldfish21 wrote:
Would be much cooler if he started taxing Billionaires right now instead of promising that he might make time to get around to it if he gets re-elected.

Just saying. They all pull this same bs. Sorry, can't do what's right for people while I'm in power right now because ???? re-elect me first.


OMG!! ! 8O
We agree!! ! :mrgreen:

8O :heart: :heart: 8)

He should also get off his rump and legalize weed.Too many people in prison for it and having a felony on their record.
Expunge all non violent marijuana convictions.


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Mountain Goat
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28 Apr 2023, 12:35 pm

Will running for election effect Bidens pension? (The same goes for Trump as he is not so young either). Often wondered as here in the UK it can effect peoples pension.


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Tim_Tex
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28 Apr 2023, 12:51 pm

Misslizard wrote:
goldfish21 wrote:
Pepe wrote:
goldfish21 wrote:
Would be much cooler if he started taxing Billionaires right now instead of promising that he might make time to get around to it if he gets re-elected.

Just saying. They all pull this same bs. Sorry, can't do what's right for people while I'm in power right now because ???? re-elect me first.


OMG!! ! 8O
We agree!! ! :mrgreen:

8O :heart: :heart: 8)

He should also get off his rump and legalize weed.Too many people in prison for it and having a felony on their record.
Expunge all non violent marijuana convictions.


Especially people of color. The "War on Drugs" was really the War on Blacks.


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Misslizard
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28 Apr 2023, 1:36 pm

Yes, nothing is more dangerous around young White women than a Black man with a big blunt. :lol:


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Pepe
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28 Apr 2023, 10:43 pm

Misslizard wrote:
goldfish21 wrote:
Pepe wrote:
goldfish21 wrote:
Would be much cooler if he started taxing Billionaires right now instead of promising that he might make time to get around to it if he gets re-elected.

Just saying. They all pull this same bs. Sorry, can't do what's right for people while I'm in power right now because ???? re-elect me first.


OMG!! ! 8O
We agree!! ! :mrgreen:

8O :heart: :heart: 8)

He should also get off his rump and legalize weed.Too many people in prison for it and having a felony on their record.
Expunge all non violent marijuana convictions.


Agreed. 8)



goldfish21
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28 Apr 2023, 10:55 pm

Mountain Goat wrote:
Will running for election effect Bidens pension? (The same goes for Trump as he is not so young either). Often wondered as here in the UK it can effect peoples pension.


In what way?

Dude's a multi-millionaire. Think he's worried about collecting 700 bucks a month? Or are you talking about his presidential pension - which I guess would be delayed by another 4 years if he's still working and drawing a salary. Even at that, he's got more money than he needs for the rest of his natural life so who cares.. ? That and his potus salary is something like 400 grand/year, so he'll somehow manage to pay the bills out of that before he can draw his pension.


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The_Walrus
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29 Apr 2023, 9:31 am

goldfish21 wrote:
Would be much cooler if he started taxing Billionaires right now instead of promising that he might make time to get around to it if he gets re-elected.

Just saying. They all pull this same bs. Sorry, can't do what's right for people while I'm in power right now because ???? re-elect me first.

Billionaires are already taxed.

The United States is not a dictatorship.

In the US system, in order to pass a law, you usually need the approval of the President, 60% of the Senate, and the House of Representatives. The Republicans control the House. The Democrats only control 50% of the Senate. It is possible to pass a new tax law with the support of just 50% of the Senate, but that assumes everyone shows up to vote (at least one Senator is too ill), that the three independent Senators support the Democrats (Krysten Sinema has been reluctant to do so), and that any measure passed will be acceptable to the Democrats from red states who need to appeal to their electorates.

If Biden wants to raise taxes, he needs:

1) to win re-election

2) control of the House to swing back to the Democrats, and those Democrats to support raising taxes

3) an actual functioning majority in the Senate - no worries about whether Feinstein will show up, no concerns about whether Sinema will support, and ideally not hinging on Joe Manchin in West Virginia either.

Bluntly, right now only one of those things looks likely. 2024 is going to be a bad year for the Democrats in the Senate, as they are defending their two "reddest" seats, Montana and West Virginia. They ideally want to defeat Krysten Sinema in Arizona without losing to the Republicans. They are also holding Nevada, Michigan, Wisconsin, Pennsylvania, and Virginia. Their best shots at gains are Ohio, Texas, and Florida, which have all eluded them in recent years. I am expecting 53-54 Republicans in the Senate after the election. Sticking at 50 would be excellent for the Democrats, getting up to 53 would be perfection, and getting to a filibuster-proof 60 would require them to win every state except two, in a year where Mississippi, Utah, and Wyoming are all up.



Mountain Goat
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29 Apr 2023, 10:24 am

goldfish21 wrote:
Mountain Goat wrote:
Will running for election effect Bidens pension? (The same goes for Trump as he is not so young either). Often wondered as here in the UK it can effect peoples pension.


In what way?

Dude's a multi-millionaire. Think he's worried about collecting 700 bucks a month? Or are you talking about his presidential pension - which I guess would be delayed by another 4 years if he's still working and drawing a salary. Even at that, he's got more money than he needs for the rest of his natural life so who cares.. ? That and his potus salary is something like 400 grand/year, so he'll somehow manage to pay the bills out of that before he can draw his pension.


Tnats good.

Assumed that press said Trump had a major advantage as he came from a rich background while Biden didn't. If Biden is not worried about collecting 700 bucks a month he is doing alright. :)


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goldfish21
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29 Apr 2023, 10:59 am

The_Walrus wrote:
goldfish21 wrote:
Would be much cooler if he started taxing Billionaires right now instead of promising that he might make time to get around to it if he gets re-elected.

Just saying. They all pull this same bs. Sorry, can't do what's right for people while I'm in power right now because ???? re-elect me first.

Billionaires are already taxed.

The United States is not a dictatorship.

In the US system, in order to pass a law, you usually need the approval of the President, 60% of the Senate, and the House of Representatives. The Republicans control the House. The Democrats only control 50% of the Senate. It is possible to pass a new tax law with the support of just 50% of the Senate, but that assumes everyone shows up to vote (at least one Senator is too ill), that the three independent Senators support the Democrats (Krysten Sinema has been reluctant to do so), and that any measure passed will be acceptable to the Democrats from red states who need to appeal to their electorates.

If Biden wants to raise taxes, he needs:

1) to win re-election

2) control of the House to swing back to the Democrats, and those Democrats to support raising taxes

3) an actual functioning majority in the Senate - no worries about whether Feinstein will show up, no concerns about whether Sinema will support, and ideally not hinging on Joe Manchin in West Virginia either.

Bluntly, right now only one of those things looks likely. 2024 is going to be a bad year for the Democrats in the Senate, as they are defending their two "reddest" seats, Montana and West Virginia. They ideally want to defeat Krysten Sinema in Arizona without losing to the Republicans. They are also holding Nevada, Michigan, Wisconsin, Pennsylvania, and Virginia. Their best shots at gains are Ohio, Texas, and Florida, which have all eluded them in recent years. I am expecting 53-54 Republicans in the Senate after the election. Sticking at 50 would be excellent for the Democrats, getting up to 53 would be perfection, and getting to a filibuster-proof 60 would require them to win every state except two, in a year where Mississippi, Utah, and Wyoming are all up.


..except with all the loopholes and deductions, the effective tax rate of Billionaires ends up being lower than average and in some cases near zero. So it's the working class that pay all the taxes. Wealth disparity the world over means the extremely wealthy shift their money into investments types that are either not taxed or taxed very little, and those without large amounts of wealth have to pay huge taxes on their labour, consumer purchases, real estate holdings etc to make up the difference. It's a system that is WAY out of balance and needs to be redrawn.


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goldfish21
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29 Apr 2023, 11:05 am

Mountain Goat wrote:
goldfish21 wrote:
Mountain Goat wrote:
Will running for election effect Bidens pension? (The same goes for Trump as he is not so young either). Often wondered as here in the UK it can effect peoples pension.


In what way?

Dude's a multi-millionaire. Think he's worried about collecting 700 bucks a month? Or are you talking about his presidential pension - which I guess would be delayed by another 4 years if he's still working and drawing a salary. Even at that, he's got more money than he needs for the rest of his natural life so who cares.. ? That and his potus salary is something like 400 grand/year, so he'll somehow manage to pay the bills out of that before he can draw his pension.


Tnats good.

Assumed that press said Trump had a major advantage as he came from a rich background while Biden didn't. If Biden is not worried about collecting 700 bucks a month he is doing alright. :)


Google result estimates Joe Biden's net worth to be $9M at the moment. Somehow I doubt he's itching to retire to collect some sort of old age pension - especially when his current salary is $400k/year. He won't be scrambling to pay property taxes, utility bills, or worried about having to eat cat food because it's on sale cheaper than tuna. Unless he gets scammed out of all of his money or something, he should be set for the rest of his life and then some even if he never draws a pension.. and the presidential pension is the same as a Cabinet secretary's salary, which for 2022 was $226,300/year. Oh however will Joe keep the lights on.. :lol:


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Biscuitman
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30 Apr 2023, 2:16 pm

cyberdad wrote:
My primary reason for wanting the republicans to win in 2024 with Trump (not De Satan) is because Trump is the best hope to pull US support for Ukraine thus freeing up oil reserves reducing the cost of fuel (no other reason)


Your weekly petrol cost is more important than the lives of Ukrainians?



Pepe
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01 May 2023, 4:26 am

goldfish21 wrote:

..except with all the loopholes and deductions, the effective tax rate of Billionaires ends up being lower than average and in some cases near zero. So it's the working class that pay all the taxes. Wealth disparity the world over means the extremely wealthy shift their money into investments types that are either not taxed or taxed very little, and those without large amounts of wealth have to pay huge taxes on their labour, consumer purchases, real estate holdings etc to make up the difference. It's a system that is WAY out of balance and needs to be redrawn.


The rich bastardos DO game the system, agreed. 8)



Pepe
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01 May 2023, 4:29 am

goldfish21 wrote:
Mountain Goat wrote:
goldfish21 wrote:
Mountain Goat wrote:
Will running for election effect Bidens pension? (The same goes for Trump as he is not so young either). Often wondered as here in the UK it can effect peoples pension.


In what way?

Dude's a multi-millionaire. Think he's worried about collecting 700 bucks a month? Or are you talking about his presidential pension - which I guess would be delayed by another 4 years if he's still working and drawing a salary. Even at that, he's got more money than he needs for the rest of his natural life so who cares.. ? That and his potus salary is something like 400 grand/year, so he'll somehow manage to pay the bills out of that before he can draw his pension.


Tnats good.

Assumed that press said Trump had a major advantage as he came from a rich background while Biden didn't. If Biden is not worried about collecting 700 bucks a month he is doing alright. :)


Google result estimates Joe Biden's net worth to be $9M at the moment. Somehow I doubt he's itching to retire to collect some sort of old age pension - especially when his current salary is $400k/year. He won't be scrambling to pay property taxes, utility bills, or worried about having to eat cat food because it's on sale cheaper than tuna. Unless he gets scammed out of all of his money or something, he should be set for the rest of his life and then some even if he never draws a pension.. and the presidential pension is the same as a Cabinet secretary's salary, which for 2022 was $226,300/year. Oh however will Joe keep the lights on.. :lol:


Agreed.
The politicians have their snouts firmly and deeply in the taxpayer's monetary trough. :pig: