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445

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More taxes are good, Goy!

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They've always known, this is priming to build support for CBDCs. The blockchain public ledger is immutable.

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$163 billion you say? That'll put a dent in the trillions of spending ever year. How about no federal taxes for anyone and a return to sound money and not fiat federal reserve debt notes.

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If they confiscated all the wealth from the 1% every penny it would run the fed for maybe a year and a half. The government is the problem, bust it up and these international monopolies cant borrow to make payroll and it's done. It's too big and needs to die.

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A Socialist news site (sputniknews.com)? And socialist propaganda by a writer who never took a single course in "Basic Economics"?

Preposterous link. Biden must be leaning full communist.

The higher the tax burden unfairly applied to wealthy Whites, the more they try to preserve the FRACTION remaining (its under 50% remaining in some states) .

France, Greece, EVERY nation shows taxes gained DECREASE if the total taxation (fed and state) crosses over 60%.

Italy, Scandinavian countries, and more went to 82% total taxes and made less and less and less.

USA for a few years, also was 94 percent on taxable income over $200,000, and made less per capita.

Imagine that! When FEDERAL taxes set by socialists (Democrats) reached 94% starting in 1944, the usa made LESS in taxes collected per capita than when tax rate is not 94%. Wow. Geniuses.

And that's not counting STATE taxes, leaving the Job-makers with 0% remaining income. 0% left.

Chart for federal marginal tax rate :

https://files.catbox.moe/z6owl6.JPG

94% Federal = Less money collected!

In greece, people that cannot hide income, like skilled physicians and lawyers, only accept CASH payment, called "little envelopes"

In USA, the overburdened rich jobs-makers just move money to overseas corporate stocks and take capital out of USA for good. Trump allowed them for first time in history to bring back money at a far far lower rate. I think 15.5%, 0% for all other nations but one, but now 15.5% for USA repatriation.

ONE TRILLION brought back from overseas to USA under Trump new tax changes : https://www.bloomberg.com/news/articles/2019-12-19/u-s-companies-repatriated-cash-hits-1-trillion-under-tax-law

Dec 2019 : One trillion dollars have flowed into the American economy as Trump’s tax law changes allowed companies to repatriate profits without tax penalty: https://www.americanthinker.com/blog/2019/12/one_trillion_dollars_have_flowed_into_the_american_economy_as_trumps_tax_law_changes_allowed_companies_to_repatriate_profits_without_tax_penalty.html

USA prior to Trump had the highest corporate taxes out of all 193 known nations. It used to be Japan prior to Obama years. Trump cut taxes in half and TRIPLED the USA stock market (Dow 30, S&P)

TL/DR: Lowering taxes creates jobs and makes USA stronger, not overtaxing the job makers. All overtaxed job makers take their capital out of the economy. Always! Its historically proven.

Yet Bezos probably pays nothing in taxes, goy

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Bezos

Fake leftist news against a Job-maker.

For the years he did pay federal income taxes between 2006 and 2018, Bezos paid a total of about $1.4 billion on a reported income of $6.5 billion, or a rate of about 21.5%.

The two times he did not owe federal was because he made no money (loss from bad investments) 2 of those years.

$1.4 billion in income taxes, and his company shares pay billions in FICA employment taxes, state and federal taxes and property taxes.

USA would be like Venezuala and North Korea with leftists setting economic tax policies.

Read a book.

All my numbers are correct.

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So go take it up with the guys who make the tax code. Do you like your Congressman? Stop that

And Trump is probably just one along with all the other billionaire bastards