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120
Tax the businesses they say…. And it will Increase the Middle Class ??? (Stats is comments) 🤔🤨 (media.greatawakening.win)
posted 1 year ago by Oldpatriot 1 year ago by Oldpatriot +120 / -0
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▲ 8 ▼
– Oldpatriot [S] 8 points 1 year ago +8 / -0

In 2023, the number of employees in a small business in the US hit 61.6 million. This means that small business employees make up 45.9% of the total number of US employees.

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▲ 7 ▼
– Revodude 7 points 1 year ago +7 / -0

A very accurate depiction.

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▲ 7 ▼
– Pbman2 7 points 1 year ago +7 / -0

A lot of the super rich have all their money tied up in company stock. They never sell,just borrow against it. And never pay any taxes. It's far cheeper to borrow,than it is to pay taxes.

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▲ 3 ▼
– MAG768720 3 points 1 year ago +3 / -0

That's one of the things I do.

I borrow from my business.

When I can eventually withdraw money tax-free from my Roth 401k, I will pay back the loans with tax-free money.

All of the "soak the rich" schemes are to persuade the normies, who have no clue how finance and taxes are done at a very high level.

Dave Chapelle on Trump paying no taxes:

https://www.youtube.com/watch?v=YAJCvt9tOYE

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▲ 1 ▼
– Pbman2 1 point 1 year ago +1 / -0

Do you also go around advocating that taxes should be higher?

They do.

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▲ 2 ▼
– MAG768720 2 points 1 year ago +2 / -0

FUCK NO.

They should be eliminated.

But until they are ...

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▲ 1 ▼
– Pbman2 1 point 1 year ago +1 / -0

Nothing wrong with using the law to your advantage,as long as you don't support higher taxes for others.

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▲ 1 ▼
– MAG768720 1 point 1 year ago +1 / -0

That's one of the reasons why I don't like Warren Buffett.

He preaches higher taxes to the public, but uses the law to avoid taxes himself.

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▲ 4 ▼
– Geralt-1776 4 points 1 year ago +4 / -0

Boomer logic tells me to put a butt plug in, be happy, and let them steal taxes from me. WhAt AbOuT ThE ROaDs?!?!?!

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▲ 3 ▼
– CokeOrPepe 3 points 1 year ago +3 / -0

It’s legal confiscation

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▲ 3 ▼
– Bonnieric 3 points 1 year ago +3 / -0

Here is what we experienced under Trump's tax policy:

  1. The average American (you and I) received a 2 to 3% decrease in tax rate.

  2. We also received a $27,700 standard without having to itemize if married, or $20,800 if single without needing to itemize. That was huge.

  3. Businesses that were corporations received a reduction in tax rate of 8% (down from 28% to 20%). This savings increased their expansion and employment, as well as helped them keep the prices they charge us down.

  4. Businesses that are S Corps received 20% off the top of their taxable income, also allowing business to flourish, hire, and keep the prices they charge us down.

The dems say inflation was caused by Trump's tax breaks for the top 1%. No.

Inflation was caused by huge government spending and printing of dollars. Billions/trillions were spent on wars and immigrants. Also, inflation was caused by taking away our ability to be energy independent. Transportation and production costs skyrocketed.

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▲ 3 ▼
– Axodeth 3 points 1 year ago +3 / -0

Accurate, this small business owner drowning fast.

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▲ 2 ▼
– Bonnieric 2 points 1 year ago +2 / -0

Perfect meme. So true!

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