Anybody making less than $400,000 a year will not pay a single penny in taxes.

6,655 Views | 61 Replies | Last: 2 yr ago by 91AggieLawyer
HollywoodBQ
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Anybody know ASL and know what the sign interpreter said?

Hopefully it was OMG, what an idiot.
aginlakeway
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HollywoodBQ said:

Anybody know ASL and know what the sign interpreter said?

Hopefully it was OMG, what an idiot.

Sign guy has a VERY tough job.
Predmid
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Oh man, this will be great!

I just hope it doesn't cause a problem with inflation.
DrEvazanPhD
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B-1 83 said:

DrEvazanPhD said:

maybe not on income. Just on literally everything else.
Amazing how many people don't grasp the concept of where they're really getting taxed.
Death by 1000 cuts
lb3
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I support this plan.

Reducing taxes on individuals making 400,000 per year to zero will incentivize small buisness owners like my wife to work harder. Her marginal tax rate is over 50% and she can't really justify working any harder when the government takes such a big cut.
rgag12
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What I find more amusing is that he said that this isn't going to increase the deficit.

Had a good belly laugh on that one
houag80
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Has the retraction been mentioned by reach around, I mean circle back girl? God he is a turnip.
thirdcoast
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So was he trying to say "won't see a penny RISE in taxes"?
pirmag
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Hold him to it, literally.
chimpanzee
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This man could unilaterally choose to end global civilization, folks.

Nominally anyway, there's probably someone else really in charge of that decision, we just don't know who, exactly. Kamala, Jill, Susan Rice maybe? It's probably not important.
backintexas2013
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I bet you he is lying about not paying a penny more.

Also why are the "rich" paying more? The lower class needs to have some skin in the income tax game.
LoudestWHOOP!
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richardag
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HollywoodBQ said:

Anybody know ASL and know what the sign interpreter said?

Hopefully it was OMG, what an idiot.
That would be Nobel prize worthy.
Aggie118
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WHOOP!'91 said:

GeorgiAg voted for this.


As did Tanya
localag242
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$399,999.99 here we come.
azul_rain
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No more taxes
you may all go to hell and i will go to Texas
AGHouston11
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Maybe it's going to be because of super inflation!
Squadron7
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If you like your income then you can keep your income.

Sounds oddly familiar.
APHIS AG
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will25u said:

BIDEN: Anybody making less than $400,000 a year will not pay a single penny in taxes.


He has gone from being stupid to being completely insane.
jonb02
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He is going to tax the s hi t out of corporations and people making over $400k (lots of business owners in this category). Are we supposed to believe that the corporations and small business owners are going to bend over and take it? They are simply going to jack up their prices and pass it on to the middle class. He knows this and this is damn sure part of the plan. Destroy the middle class.
“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.” - John Adams

“It is easier to fool someone than it is to convince them they’ve been fooled” - Mark Twain
Texas Yarddog
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Sooooo.... do I send the IRS a form showing income under $400k and a thumb drive with this video and tell them to F off? Would that work?

IRS form on a post card. Trump promised, Biden delivers?
TAMUallen
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How suddenly this changes with inflation... Taxes should be flat
pacecar02
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Raggedy Anne already told us that statements by the president do not represent the Biden administrations policy positions....so, we have that going for us?
OldArmyBrent
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peace said:

That is a policy I could accept from this tyrant!!! Always misspeaks and how does that play in negotiations with our opponents?

Like Iran? They just published a video of their military blowing up the capitol. And we're still gonna give them billions.
Seriously77
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81,000,000 agreed to this tax cut.
Stringfellow Hawke
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I just want my 2020 tax return.
TRADUCTOR
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will25u said:

BIDEN: Anybody making less than $400,000 a year will not pay a single penny in taxes.


Wanna bet?
91AggieLawyer
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lb3 said:

I support this plan.

Reducing taxes on individuals making 400,000 per year to zero will incentivize small buisness owners like my wife to work harder. Her marginal tax rate is over 50% and she can't really justify working any harder when the government takes such a big cut.

I agree with you in terms of the economic impact, however, I disagree that people should or shouldn't pay taxes based on their income. Does someone who makes 300K use the national defense more than someone who makes only 100K? What about the various other governmental functions?

Consumption based taxation still hits those who spend more harder but you can control that easily by not spending.
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