is this the same kind of soaking they do in mormon schools
Biden is setting traps for the fall.
The rich are so rich, though, it’s more of a light misting, innit?
“Soaking” implies it’s unfair- it isn’t.
And opposing treating the rich fairly is the only policy the GOP has.
From what I’ve seen, Biden is making some smart strategic moves. He’s using a line from the SOTU in his stump speech: “Who here thinks the tax code is fair? Raise your hand.” Almost no one could answer that question honestly without raising their hand, no matter what side of the aisle they are on. It’s a clever bit.
MAGAhats already took up that challenge claiming people making $400K are “just folks” and should not be punished because only billionaires can afford higher taxes.
Please remember from 1934 to 1964 the TMR was 91% and not a single Mogal quit their jobs because taxes were too high. What DID happen was when the TMR was cut to 70%, the share of profits going to workers began to shrink and when Reagan cut the TMR to 28% in 1985, real wages for the bottom 90% ceased growing so by 2019 the inflation adjusted average wage was $23.24/hr, EXACTLY what it was back in 1973 – 46 YEARS and nothing to show for it, thanks to dribble-down economics and math-challenged voters.
To summarize:
>**At bottom, what the Biden budget says is: Do you think rich people pay too much in taxes? Then Trump’s your guy. If you think they pay too little, then vote Democratic.**
This is good politics
In gasoline?
They’re going to charge straight into opposing it. That, and having near terminal levels of stupidity are core tenants of the GOP.
It’s not “soaking” the rich. It’s asking them (forcing them?) to finally pay their fair share. When was the last time you heard of a member of the 1% actually paying the same tax rate as someone in the middle class (let’s say 25% for the sake of argument).
It hasn’t happened in many many decades. Their *effective* tax rates are well below 10%.
American people vs the wealth hoarding billionaires seems like the only real play Biden has. Trump can’t talk his way out of that.
But how will the Waltons be able to afford another gigayacht to store their megayachts in? Wont someone think of the billionaires?
Soaking is not the correct word, obviously.
Republican voters aren’t stupid. They know that every vote they cast is one that will further the agenda of the 1% at their expense. FFS they vote for a East coast (former liberal) elite and Hollyweird reality TV host who shits on a gold toilet. They don’t care about that. They only care about imaginary grievances at this point.
The rich have been soaking us for years.
Sorry, everytime I hear the term soaking I think of the silly Mormons.
Raise the corporate tax rate please.
The rich have been soaking the populace for generations. They can pay their share. The idea they don’t use public services at all is ludicrous. Bozos made his money off public roads and airports. Pay up
Biden’s good at calling their bluff. It’s a good strategy. I’m sick of the Republicans gaslighting the American people.
I thought soaking was insertion without thrusting, personally I’d prefer to just straight fuck em.
He just needs to keep hitting.
“The reason your taxes seem so high is because the rich aren’t paying theirs.”
Trump is daring Republicans to oppose soaking the poor.
Making the wealthy pay their fair share of taxes is hardly “soaking the rich”.
“Soaking”? How about “Paying their fair share”. This isn’t Mormon sex, ffs.
As someone who is technically rich and would be heavily penalized by this (if passed), I support it.
The richest Americans have succeeded in getting the GOP to alter the tax code over a forty year period. If you have a billion dollars, it’s virtually impossible to lose money. It’s long past time to start to take some of those windfall profits back. This “second yacht free for everyone who already has one” tax code has to end.
I didn’t know he was mormon. *blurch*
You mean making them pay any taxes at all ever?
‘Soaking the rich’ might not be the best way to frame this debate. ‘Proportional tax contributions’, ‘paying their fair share’, ‘spreading the wealth to help the economy’, ‘sharing the wealth for a more equitable society’ might put it more positively.
It’s not soaking. It’s fairness.
Since when is requiring someone to pay their fare share considered “soaking”?
As someone who lives in a very mormon-heavy area, “soaking the rich” has a VERY different connotation….
33 comments
is this the same kind of soaking they do in mormon schools
Biden is setting traps for the fall.
The rich are so rich, though, it’s more of a light misting, innit?
“Soaking” implies it’s unfair- it isn’t.
And opposing treating the rich fairly is the only policy the GOP has.
From what I’ve seen, Biden is making some smart strategic moves. He’s using a line from the SOTU in his stump speech: “Who here thinks the tax code is fair? Raise your hand.” Almost no one could answer that question honestly without raising their hand, no matter what side of the aisle they are on. It’s a clever bit.
MAGAhats already took up that challenge claiming people making $400K are “just folks” and should not be punished because only billionaires can afford higher taxes.
Please remember from 1934 to 1964 the TMR was 91% and not a single Mogal quit their jobs because taxes were too high. What DID happen was when the TMR was cut to 70%, the share of profits going to workers began to shrink and when Reagan cut the TMR to 28% in 1985, real wages for the bottom 90% ceased growing so by 2019 the inflation adjusted average wage was $23.24/hr, EXACTLY what it was back in 1973 – 46 YEARS and nothing to show for it, thanks to dribble-down economics and math-challenged voters.
To summarize:
>**At bottom, what the Biden budget says is: Do you think rich people pay too much in taxes? Then Trump’s your guy. If you think they pay too little, then vote Democratic.**
This is good politics
In gasoline?
They’re going to charge straight into opposing it. That, and having near terminal levels of stupidity are core tenants of the GOP.
It’s not “soaking” the rich. It’s asking them (forcing them?) to finally pay their fair share. When was the last time you heard of a member of the 1% actually paying the same tax rate as someone in the middle class (let’s say 25% for the sake of argument).
It hasn’t happened in many many decades. Their *effective* tax rates are well below 10%.
American people vs the wealth hoarding billionaires seems like the only real play Biden has. Trump can’t talk his way out of that.
But how will the Waltons be able to afford another gigayacht to store their megayachts in? Wont someone think of the billionaires?
Soaking is not the correct word, obviously.
Republican voters aren’t stupid. They know that every vote they cast is one that will further the agenda of the 1% at their expense. FFS they vote for a East coast (former liberal) elite and Hollyweird reality TV host who shits on a gold toilet. They don’t care about that. They only care about imaginary grievances at this point.
The rich have been soaking us for years.
Sorry, everytime I hear the term soaking I think of the silly Mormons.
Raise the corporate tax rate please.
The rich have been soaking the populace for generations. They can pay their share. The idea they don’t use public services at all is ludicrous. Bozos made his money off public roads and airports. Pay up
Biden’s good at calling their bluff. It’s a good strategy. I’m sick of the Republicans gaslighting the American people.
I thought soaking was insertion without thrusting, personally I’d prefer to just straight fuck em.
He just needs to keep hitting.
“The reason your taxes seem so high is because the rich aren’t paying theirs.”
Trump is daring Republicans to oppose soaking the poor.
Making the wealthy pay their fair share of taxes is hardly “soaking the rich”.
“Soaking”? How about “Paying their fair share”. This isn’t Mormon sex, ffs.
As someone who is technically rich and would be heavily penalized by this (if passed), I support it.
The richest Americans have succeeded in getting the GOP to alter the tax code over a forty year period. If you have a billion dollars, it’s virtually impossible to lose money. It’s long past time to start to take some of those windfall profits back. This “second yacht free for everyone who already has one” tax code has to end.
I didn’t know he was mormon. *blurch*
You mean making them pay any taxes at all ever?
‘Soaking the rich’ might not be the best way to frame this debate. ‘Proportional tax contributions’, ‘paying their fair share’, ‘spreading the wealth to help the economy’, ‘sharing the wealth for a more equitable society’ might put it more positively.
It’s not soaking. It’s fairness.
Since when is requiring someone to pay their fare share considered “soaking”?
As someone who lives in a very mormon-heavy area, “soaking the rich” has a VERY different connotation….