I REALLY doubt this will amount to much of anything more than publicity stunt... I just do NOT see how will stick.... I'm sure REALLY rich people will have their accountants figure out a way to get around this if it actually getting passed.... But someone wanted it a … [Read more...] about The New Biden ‘Wealth Tax’?
Taxing the Rich
Real Rich people and Giant companies in America do NOT pay taxes .... THAT isn't gonna change much anytime soon.... he Hill, a newspaper covering Congress, reports that business lobbyists are pleased that they have watered down President Biden’s proposed tax increases on … [Read more...] about Forget all those ‘the Rich will pay More taxes’ stuff…..
This is gonna be a reverse of Republicans efforts to starve the tax collecting agency of its ability to collect taxes after it went after Conservative non-profits back a decade or so before.... Biden will get little support on this from Republicans … [Read more...] about Biden wants to give the IRS $80 Billion to go after the rich….
Stuck in the just passed Biden/Democratic Stimulus/Rescue Bill IS an increase in taxes for those making over $400,000 a year.... New York State taxes closely follow the IRS tax code done by the US House and approved by the US Senate....(NY has extended filing taxes to May 17 … [Read more...] about New York State looks to join the Federal tax increase for the rich….
Donald Trump and the Republicans passed the 2017 Tax Cut , which was a actual tax giveaway for the rich and increase for the those of us in high rate and government service states and local places... Democrats in Washington and in the states have a problem on this.... With … [Read more...] about Do not hold your breath that Democrats will raise taxes on the Rich….
Donald Trump and his fellow Republicans jammed thru a tax cut/giveaway at the end of 2017... Most middle class Americans , who actually pay the majority of taxes have felt NOTHING from this... Meanwhile, the Rich and Corporations HAVE gained .... So it is no surprise … [Read more...] about 2020 Democratic Presidential candidates advance increased taxing for the Rich ….