Biden Tax Plan...

The Tax Foundation just released their analysis of Biden's tax plan. The good news for the government is that it will raise an incremental $3.3 trillion over the next decade. Other side of that is that GDP will decrease by almost 2% and a 2% increase in taxes on average for ALL tax brackets, not just those making over $400K. Capital stock will reduce by almost 4%, and 542K full time jobs will be lost from the private sector. This is in alignment with what the Hoover Institute published a couple of weeks ago. Couple this with the $15/Hr national wage increase the CBO estimates that an additional 1.3 million jobs will be lost as employers cut back staffing and increase menu prices to compensate. Many wanted Trump out of office, so don't complain when you are paying up or can't find a job.

Hey Republicans do you still care about the national debt? Because Trump just increased it by $8.3 TRILLION in four years. Just sayin."

We are 27 million in the hole stop digging....

3.3 trillion for a decade???? 

That doesn't even cover the last four years.....

It went up huge under Obama and I don’t recall him having covid19 to deal with!

We have to pay for this. 

IT WENT UP 2 trillion from 2017 to 2019.

Before covid. It takes 5 years to pay for the first 2 of dumphr presidency. 

Source. https://www.businessinsider.com/trump-national-debt-deficit-compared-to-obama-bush-clinton-2019-2.

Those of us who make over 400k will help our fellow Americans as we should.

In Florida that $15 minimum wage doesn't go into effect until 2026!

People can't find jobs now. Another 700k (I believe) applied for unemployment this week.

The administration isn't even in place & your whining about how bad it's going to be.

It's pretty fucking bad right now Sparky!

Now if you can't use the credit card right were going to have to take that away.....