The “minimum tax” is a tax on unrealized capital gains, the “billionaire” thing is a smokescreen, the aim is to tamper inflation by vacuum cleaning some of the excess USD out of the market. I think they are starting to realize that the USD’s global strength cannot and will not last if they do not reign in inflation.
They’re finally taking inflation seriously
Isaiah Peterson
Ayden Cruz
Yet another pol nothing burger Joe serves billionaires and he couldn’t even pass his modest stimulus plan.
Ryan Anderson
This will not reign in inflation, nothing short of a 10% rate hike would reign in inflation. After hyperinflation, EVERYONE will be billionaires playing unrealized gains tax. Lol, lmao, etc.
Julian Adams
>""""propose""""
Aiden Harris
read between the lines
Ethan Flores
Imagine thinking the kikes in Luxembourg and Switzerland and the Bahamas and every shithole country on Earth won't gladly shelter their money for 1%. Government is always too little too late
Jaxon Martinez
Billionaires likely don't take actual income, or like $1 or some shit
Carter Bennett
Taxes don't take money out of the system retard. They spend 100% of your taxes and more.
Leo Kelly
Right, it says in the actual article that it’s a tax on unrealized capital gains
Zachary Wright
>2023
>Become a billionaire
>The only thing you own is a smartphone
>Elizabeth Warren personally comes and collects her "wealth" tax.
Dylan Campbell
If Biden cares so much about the economy, let's see him propose a 20 percent minimum MILLIONAIRE tax which would affect him and all the rich Democrats as well.
Spoiler: Ain't gonna happen because this administration doesn't give a damn about you or the economy or anything other than killing this country.
Alexander Stewart
>all these bootlickers
A 20% tax on anyone is disgraceful. Fuck the government and their grubby kike hands stealing from people. No I will never support your taxes. No I will never honestly report my income. And No I will never get vaccinated
Nolan Davis
> middle class taxed at 32%
Carter Lopez
As if America wasn't allergenic to wealth enough
This is why so many move offshore
Nathaniel Turner
Biden didnt pass his stimulus plan?
Leo Howard
taxing people with a lot of money is exactly what you're supposed to do during times of inflation, sweetie
Lincoln Martinez
>be poor
>old man fucks me
>get rich
>old man fucks me
Matthew Perry
>the “billionaire” thing is a smokescreen
It only applies to U.S. households worth more than $100 million.
Aaron Phillips
And then the billionaires left.
See how that works, user?
Jack Nguyen
Kek as if the Jews will leave their ivory tower all their money is in stocks and real estate anyways
Connor Lewis
>After hyperinflation
Carson Garcia
where the fuck are they gonna go, retard
america is still the most friendly place for them, even with a tax increase like this
Sebastian Williams
Billionaires don't have a lot of money, they have a lot of stuff that's all worth billions together, we all know this
Ian Sanchez
hmmmm..........................................
Singapore.
Yes.
Joke is on you, completely.
Xavier Allen
Not if you're just going to turn around and give that money to niggers.
Adrian Wilson
>Billionaires don't have a lot of money
Doesn't matter. They may have to sell assets to pay the minimum tax.
Caleb Garcia
What purpose does taxation accomplish when the government just borrows money?
Ryan Nelson
Lots of retards in here.
Borrowing works until it doesn't.
hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Guess what time it is, user?
Yep.
Leo Sanchez
Reduces inflation.
Sebastian Hill
>Literally have to keep earning and paying the government just to keep owning your own assets
How does taxation of property not turn ownership into renting from the government again?
Bentley Garcia
Tax on rich was like 90% in the “trad” times in the 1930s - 1950s which is why it’s hilarious that polcels and bizcels are both wanting trad life but also want 0% taxes
Jason Wright
Gay
Ayden Wilson
lol, they actually going through with unrealized capital gains tax
I'll bet a nickel if those gains arn't materialized, you wont be receiving a check back from the govt
it can't be any clearer at this point guys..
As Holugu asked the sultan of Baghdad-
>if you cant eat it, then why did you hoard it for
Sebastian Smith
Szhizo europoors neets tell me how my country is going to collapse episode 914
Aaron Russell
lmao at the redditors taking this shit at face value
Thomas Thompson
keep holding those dollars, -92% buying power after a century
Sebastian Bennett
>billionaires spend billions to get people to vote for biden instead of trump
>biden does this
kek pottery