The Last 4 Years.

[nonniey]

Originally Posted by Giantone

No, what you fail to mention was the price gauging from Companies and Big Business after the Country was coming out of the Pandemic.

Self Deleted post (too Gianttonish).

[sdskinsfan2001]

Originally Posted by Darrell Green Fan

We all felt the inflation. But that has ended, the rate adjustments did exactly as intended. Are you even aware that post COVID every country in the world had big inflation? If you look at the rankings the US is far far down the list.

Are you even aware of this?

https://tradingeconomics.com/country...inflation-rate

So blaming the Biden Administration for our inflation when it was a global problem is unfair and off the mark. What else you got? The much anticipated recession never happened. While I do not believe the President has a lot to do with the stock market Trump's claim that our 401's will be cut in half under Biden simply did not happen. Have you checked your balance lately?

Kamala's plan is to lower tax burdens on the middle class where Trump will try again to give tax breaks to the uber rich such as himself. Are you really OK that you pay more in taxes than Donald Trump does? Really? He agreed with Elon Musk about firing striking workers.

He will not help you and your family. That is a false narrative he has sold to you and others.

How is she going to accomplish this plan? And I use the words "her plan" fast and loose.

80% of Americans got a tax cut with the Trump tax cuts. If you don't agree with tax cuts at all, fine, but don't keep pumping the lie that only the rich benefited. A majority of American's got to keep more of their own money with his tax cuts.

https://www.washingtonpost.com/polit...umps-tax-cuts/

Because there are far more people in the middle class, there are fewer dollars to share per taxpayer when the savings from a tax cut are divvied up. The nonpartisan Joint Committee of Taxation estimates that 572,000 taxpayers will file returns with an income category of more than $1 million, compared with more than 27 million in the $50,000 to $75,000 category and almost 70 million in the under-$50,000 category.

If the wealthy end up with more money because they pay more in taxes, that’s not necessarily a fair way to look at tax legislation. The top 1 percent in 2014 earned 20 percent of adjusted gross income and paid nearly 40 percent of federal taxes, according to the Tax Foundation. The Tax Policy Center estimates that in 2018, the top 1 percent would get 20.5 percent of the tax cuts.

Moreover, when both the Joint Tax Committee and the Tax Policy Center looked at the impact of the tax bill, they concluded that in 2018, most people would see an overall reduction in taxes. The Tax Policy Center found that 80.4 percent of all taxpayers would have a tax cut, compared with about 5 percent experiencing a tax increase. In the middle quintile, 91 percent would get a tax cut, averaging about $1,090, with 7.3 percent facing a tax increase averaging about $910.

[Giantone]

Originally Posted by nonniey

I stated that Biden's policies contributed to/accelerated inflation and none of them were designed to reduce inflation. So here is that old colloquialism again for how you responded - What does that have to do with the price of tea in China?

The fact that you refuse to acknowledge this aspect as a root case of inflation and would rather blame it on Biden policies is revealing all in itself.

[nonniey]

Originally Posted by Giantone

The fact that you refuse to acknowledge this aspect as a root case of inflation and would rather blame it on Biden policies is revealing all in itself.

Yes, it is telling. It confirms what everyone on this board has known for years. That you have serious reading comprehension problems.

[Fishingfool]

Originally Posted by Giantone

20-30% m0ore , do you think that is Biden or the Grocery stores and their suppliers doing that? There is your example. . How many millions more have Heath care that didn't before, perfect no, better hell yes.

Biden. Sorry there are still more then 25 million people without health care about the same number before Obama care, Now people have a $10,000 deductible which makes the coverage useless unless you have something major. Better hell no where do you get your facts. You still stated rates would drop as did Obama and they doubled.

[Giantone]

Originally Posted by Fishingfool

Biden. Sorry there are still more then 25 million people without health care about the same number before Obama care, Now people have a $10,000 deductible which makes the coverage useless unless you have something major. Better hell no where do you get your facts. You still stated rates would drop as did Obama and they doubled.

Seems you're the one with the wrong information............

https://www.hhs.gov/about/news/2022/...s%20of%20color.

Since its enactment on March 23, 2010, the Affordable Care Act has led to an historic advancement of health equity in the United States. This landmark law improved the health of all Americans, including women and families, kids, older adults, people with disabilities, LGBTQI+ and communities of color. Thanks to the ACA, millions more Americans have gained health coverage without limits, and protections are in place for people with preexisting conditions. People have access to essential health benefits, including preventive and rehabilitative care, prescription drugs, wellness visits and contraceptives, mental health and substance use treatment, among many others. The Biden-Harris Administration is committed to building on the success of the ACA and making health care a right for all Americans................

Hit the link for more............

[Giantone]

Originally Posted by nonniey

Yes, it is telling. It confirms what everyone on this board has known for years. That you have serious reading comprehension problems.

No , you just ignore facts to push your negative agenda.

[Giantone]

Originally Posted by Fishingfool

So it was OK to blame Trump for all the covid deaths when it was a world problem. You can't play it both ways.

Who is blaming trump for those??? I hate him and even I never did that. it was a pandemic -World Wide.

trump can't handle his own money, he can't run the Country Finance's.

https://news.yahoo.com/trump-takes-n...111224080.html

Not to mention he has claim Bankruptcy 4 times.

[Darrell Green Fan]

Originally Posted by sdskinsfan2001

How is she going to accomplish this plan? And I use the words "her plan" fast and loose.

80% of Americans got a tax cut with the Trump tax cuts. If you don't agree with tax cuts at all, fine, but don't keep pumping the lie that only the rich benefited. A majority of American's got to keep more of their own money with his tax cuts.

https://www.washingtonpost.com/polit...umps-tax-cuts/

Because there are far more people in the middle class, there are fewer dollars to share per taxpayer when the savings from a tax cut are divvied up. The nonpartisan Joint Committee of Taxation estimates that 572,000 taxpayers will file returns with an income category of more than $1 million, compared with more than 27 million in the $50,000 to $75,000 category and almost 70 million in the under-$50,000 category.

If the wealthy end up with more money because they pay more in taxes, that’s not necessarily a fair way to look at tax legislation. The top 1 percent in 2014 earned 20 percent of adjusted gross income and paid nearly 40 percent of federal taxes, according to the Tax Foundation. The Tax Policy Center estimates that in 2018, the top 1 percent would get 20.5 percent of the tax cuts.

Moreover, when both the Joint Tax Committee and the Tax Policy Center looked at the impact of the tax bill, they concluded that in 2018, most people would see an overall reduction in taxes. The Tax Policy Center found that 80.4 percent of all taxpayers would have a tax cut, compared with about 5 percent experiencing a tax increase. In the middle quintile, 91 percent would get a tax cut, averaging about $1,090, with 7.3 percent facing a tax increase averaging about $910.

As the top 1% clearly benefitted far more than a $1,000 tax cut I stand on the positon that the top 1% had a much bigger tax cut than the average worker. Kamala is looking to change that and have the top 1% pay more and the average American pay less.

[Darrell Green Fan]

Originally Posted by Fishingfool

Inflation in my eyes has not ended because everything at the grocery store is still 20 to 30% more. Kamala doesn't have a plan she doesn't even have a platform on her web page. She won't even speak in public. She just reads what people write for her. You have no clue what DT pays in taxes. We did see he paid 27 million one year. I don't thinkanyone here pays that amount.

It was widely reported that Trump paid no taxes in 10 out of 15 years as he claimed losses. He paid $750 in the year he was elected and again $750 the first year in office. See the link below. Not only didn't Trump deny this he actually bragged about it by stating "that made me smart" as well as (paraphrasing) "if you have a problem with it get the laws changed", which I agree with by the way. He was simply playing by the rules. But he most definitely paid less in taxes than you did in so many years. Is it really news to you that the ultra wealthy have ways to get out of paying their fair share of taxes?

Well many of us will work to change the laws by casting our votes in November.

https://www.nytimes.com/interactive/...imes&smtyp=cur

[sdskinsfan2001]

Originally Posted by Darrell Green Fan

Let's review your math. From you article the top 1% had their tax rates reduced from nearly 40% to 20% while the average middle class earner had a tax break of a thousand bucks. Does it needed to be pointed out that a 20% decrease at the income levels of the top 1% is a much much larger number than $1,000? So obviously the top 1% benefitted far more than the average worker. Kamala is looking to change that and have the top 1% pay more and the average American pay less.

If you pay 20k per year in taxes and I pay 10k per year in taxes, then they cut your rate 5% and mine receives a higher cut of 7.5%, you would still "get" more money than me because you paid more. You would get to keep an extra 1k and I would get to keep an extra 750. Is this unfair? No, it makes sense, if you pay more you could keep more actual dollars even if my tax rate cut was higher.

Note - I was already responding to your original post, while it looks like you were editing.

[Giantone]

Originally Posted by Darrell Green Fan

But he most definitely paid less in taxes than you did in so many years. Is it really news to you that the ultra wealthy have ways to get out of paying their fair share of taxes?

Well many of us will work to change the laws by casting our votes in November.

https://www.nytimes.com/interactive/...imes&smtyp=cur

I honestly don't understand why Average Americans who work hard for their money get upset and scream when a Politician wants the top 1% to pay their share? Those top 1 % don't care about the average American quite contrary they want the average Americans to pay more to cover their share. How many on this Board personally know someone in the Top 1%(100,000,000 mill) and that increase would hurt them? People /Voters need perspective.

[Darrell Green Fan]

Originally Posted by sdskinsfan2001

If you pay 20k per year in taxes and I pay 10k per year in taxes, then they cut your rate 5% and mine receives a higher cut of 7.5%, you would still "get" more money than me because you paid more. You would get to keep an extra 1k and I would get to keep an extra 750. Is this unfair? No, it makes sense, if you pay more you could keep more actual dollars even if my tax rate cut was higher.

Note - I was already responding to your original post, while it looks like you were editing.

I had edited my post because I misread yours. We both agree that a tax break will beneifit the 1% far more than the average worker. So therefore the tax breaks benefitted the ultra wealthy far more than Sam the butcher as I have always claimed. Kamala is simply trying to change that.

It's no secret that the ultra rich pay very little in taxes, as I have posted in the other thread Trump literally bragged about it. Well some of feel that is very very wrong.

[sdskinsfan2001]

Originally Posted by Darrell Green Fan

I had edited my post because I misread yours. But tell me how I am wrong when I say a big tax break to a 1% would not be substantially higher than the $1,000 average tax break the middle class realized. So therefore the tax breaks benefitted the ultra wealthy far more than Sam the butcher as I have always claimed.

Looking at total dollars is the wrong way to look at it, that's why you're wrong. The top 1% tax rate dropped from 39.6% to 37%. Middle class dropped from 25% to 22% and lower middle class dropped from 15% to 12%.

3% >>> 2.6%

So the middle class got to keep a higher % of their income and pay a drastically lower tax rate in general.

If Kamala wants to drop my tax rate even lower than 22%, I'll take it. Is that what she's proposing? I haven't seen that anywhere.

When looking at any stat, you can't just look at the total number. You have to look at %'s, ratio's, per capita, etc.

[Darrell Green Fan]

Originally Posted by sdskinsfan2001

Looking at total dollars is the wrong way to look at it, that's why you're wrong. The top 1% tax rate dropped from 39.6% to 37%. Middle class dropped from 25% to 22% and lower middle class dropped from 15% to 12%.

3% >>> 2.6%

So the middle class got to keep a higher % of their income and pay a drastically lower tax rate in general.

If Kamala wants to drop my tax rate even lower than 22%, I'll take it. Is that what she's proposing? I haven't seen that anywhere.

When looking at any stat, you can't just look at the total number. You have to look at %'s, ratio's, per capita, etc.

You make a fair point however as I said in my edited post (you are too quick for me) it's no secret that the ultra wealthy have ways to pay very little in taxes. Trump literally bragged about it and said it was smart and if you don't like it get the laws changed, which I totally agree with. However something is terribly wrong when a man like Donald Trump paid far less in taxes than you did. So I'm voting for the person who will fight to change that.