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Biden will tax the middle class.
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May 23, 2021 14:05:52   #
travelwp Loc: New Jersey
 
Biden says he will tax corporations to pay for his spending of trillions. Does he really believe corporation’s will just pay it out of their own profits?

Biden v**ers may believe it, but the rest of the people know that corporations merely pass the tax down to the consumer, thus the middle class actually pays the tax bill

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May 23, 2021 14:13:25   #
foodie65
 
travelwp wrote:
Biden says he will tax corporations to pay for his spending of trillions. Does he really believe corporation’s will just pay it out of their own profits?

Biden v**ers may believe it, but the rest of the people know that corporations merely pass the tax down to the consumer, thus the middle class actually pays the tax bill


Kinda works like Dump’s approach to tariffs...

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May 23, 2021 14:24:55   #
letmedance Loc: Walnut, Ca.
 
foodie65 wrote:
Kinda works like Dump’s approach to tariffs...


One approach on tariffs is that they make American made goods competitive with cheap imports.

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May 23, 2021 21:09:33   #
Architect1776 Loc: In my mind
 
travelwp wrote:
Biden says he will tax corporations to pay for his spending of trillions. Does he really believe corporation’s will just pay it out of their own profits?

Biden v**ers may believe it, but the rest of the people know that corporations merely pass the tax down to the consumer, thus the middle class actually pays the tax bill


Because Biden knows democrats are the stupidest animals on the planet and without government welfare would die from stupidity.

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May 24, 2021 05:10:31   #
Kraken Loc: Barry's Bay
 
Architect1776 wrote:
Because Biden knows democrats are the stupidest animals on the planet and without government welfare would die from stupidity.


Why do you always talk in opposites?

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May 24, 2021 09:06:37   #
boberic Loc: Quiet Corner, Connecticut. Ex long Islander
 
Doesn't matter how you slice it. Higher prices or higher taxes, will have the same result. Paying for bidens trillion dollar plans will have the same result. Less money in everyone wallet

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May 24, 2021 09:13:04   #
pendennis
 
foodie65 wrote:
Kinda works like Dump’s approach to tariffs...


No, you misunderstand President Trump's intentions. Tariffs were used as a strategy to get foreign governments to drop, or reduce their tariffs on U.S. goods.

Reply
 
 
May 24, 2021 10:05:55   #
Kraken Loc: Barry's Bay
 
pendennis wrote:
No, you misunderstand President Trump's intentions. Tariffs were used as a strategy to get foreign governments to drop, or reduce their tariffs on U.S. goods.


And how did that work out for you?

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May 24, 2021 10:24:44   #
pendennis
 
Kraken wrote:
And how did that work out for you?


Until 20 January 2021, it worked just fine. Manufacturers started producing in America, prices came down, unemployment dropped to its lowest levels in years, and we became the largest petroleum producer/exporter in decades.

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May 24, 2021 11:23:17   #
Fotoartist Loc: Detroit, Michigan
 
travelwp wrote:
Biden says he will tax corporations to pay for his spending of trillions. Does he really believe corporation’s will just pay it out of their own profits?

Biden v**ers may believe it, but the rest of the people know that corporations merely pass the tax down to the consumer, thus the middle class actually pays the tax bill


Corporations are mandated to show a profit to their shareholders or go out of existence. When their costs for doing business rise they Must do one of several things:

Raise the price of their goods. Lower the quality or size of their goods. Lower the wages of their workers. Lower their new hiring. Cut back on researching new products. Automate or use robots. Use cheaper foreign labor. Move off-shore to a friendlier country. Go out of business and dissolve all their payroll. And they can do other things all of which do not benefit the American worker.

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May 24, 2021 13:09:48   #
travelwp Loc: New Jersey
 
Fotoartist wrote:
Corporations are mandated to show a profit to their shareholders or go out of existence. When their costs for doing business rise they Must do one of several things:

Raise the price of their goods. Lower the quality or size of their goods. Lower the wages of their workers. Lower their new hiring. Cut back on researching new products. Automate or use robots. Use cheaper foreign labor. Move off-shore to a friendlier country. Go out of business and dissolve all their payroll. And they can do other things all of which do not benefit the American worker.
Corporations are mandated to show a profit to thei... (show quote)


yes !!!

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May 24, 2021 15:36:19   #
DEBJENROB Loc: DELRAY BEACH FL
 
letmedance wrote:
One approach on tariffs is that they make American made goods competitive with cheap imports.


That has not happened has it .....

Reply
May 24, 2021 15:38:26   #
DEBJENROB Loc: DELRAY BEACH FL
 
pendennis wrote:
Until 20 January 2021, it worked just fine. Manufacturers started producing in America, prices came down, unemployment dropped to its lowest levels in years, and we became the largest petroleum producer/exporter in decades.


I must have missed something ..... did everything change in one day ....

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May 24, 2021 15:51:06   #
Fotoartist Loc: Detroit, Michigan
 
DEBJENROB wrote:
I must have missed something ..... did everything change in one day ....


Yes, it changed on Jan. 20 and shortly thereafter with Biden's 50 Executive Orders. You missed that? Is your Head still in the sand since then too?

Insert your head in image.



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May 24, 2021 16:00:56   #
DennyT Loc: Central Missouri woods
 
What’s a few more taxes more or less we are still paying for the tariffs levied in trumps trade war.

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