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Sir Pumpernickel

11/05/20 12:54 PM

#326690 RE: Gus1212 #326689

Whyyyyy would you want the same party in all 3 branches!!!! That's as DUMB as it gets!!!
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antihama

11/06/20 3:09 PM

#327399 RE: Gus1212 #326689

Ah Gus, you're dragging me into this but the only thing I'll say about it is because of the Republican tax bill of 2017, those making under $75,000 in 2027 will be paying higher taxes than in 2017 and you worry about the capital gains tax for millionaires?

President Trump and his congressional allies hoodwinked us. The law they passed initially lowered taxes for most Americans, but it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.

For most, in fact, it’s a delayed tax increase dressed up as a tax cut. How many times have you heard Trump and his allies mention that? They surmised — correctly, so far — that if they waited to add the tax increases until after the 2020 election, few of the people most affected were likely to remember who was responsible.
https://www.nytimes.com/2020/10/31/opinion/republicans-biden-taxes.html?smid=em-share

Can we stay away from politics please and focus on NWBO. Man, I'd be so lucky if I was paying that 40% capital gains tax. That would mean NWBO is a success.