You are VERY misinformed.
boberic wrote:
Biden has said that he will raise taxes ONLY for those earning 400,000 and up. This is a flat out lie. He has promised to end Trump's executive actions regarding the economy. This will result in about a 2,000 dollar increase in taxes for the average family.
You are quite the literalist. Biden said he'll repeal the Trump Tax Cut (which was a law, not an Executive Order), but that was merely shorthand for "I'm going to propose a completely new tax bill which removes many of the cuts to those making over 400,000, while leaving those making less the same". That's not as catchy.
And the "2,000 dollar [cut] in taxes for the average family" Trump brags about is deceptive -- because most people don't realize what "average family means". If, in a group of 500 families, if one family gets a $1,000,000 tax cut, and the rest got nothing, than the "average family" got $2000 --- and that's about what happened-- a lot of very rich got huge tax cuts, while the not so rich got nothing, and it averaged out to $2000.
BTW, with an Executive Order a president can, at best, shift some money around between line items on the budget, but cannot affect the taxes owed by anyone.
Quote:
The democrat platform raises taxes on social security. And imposes a 3% annual tax based upon the value of private houses. That would e a 7500 tax each year , as the average house value is 250,000. So, if you recieve social security, own a home or are an aerage income earner, if Biden is elected your taxes will go up. No matter what you earn
All of that is complete nonsense. Here is a copy of the 2020 DNC platform. Please cite the sections where it states these hikes on Social Security tax, or property tax. They don't exist. (It actually say how property taxes are a bad way to raise funds)
https://www.demconvention.com/wp-content/uploads/2020/08/2020-07-31-Democratic-Party-Platform-For-Distribution.pdf