Here's how much Biden's tax plan could cost you

Подписаться 2,5 млн

Просмотров 202 тыс.

50% 1

Former Federal Reserve Bank governor Kevin Warsh discusses criticism facing the Fed and President Biden's tax plan on 'Maria Bartiromo's Wall Street.'
#foxbusiness
Subscribe to Fox Business! bit.ly/2D9Cdse
Watch more Fox Business Video: video.foxbusiness.com
Watch Fox Business Network Live: www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: / foxbusiness
Follow Fox Business on Twitter: / foxbusiness
Follow Fox Business on Instagram: / foxbusiness

Опубликовано:

25 апр 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 1,3 тыс.

@Richardcarlett 10 дней назад

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

@donna_martins 10 дней назад

I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.

@robert-1miller 10 дней назад

45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.

@Trevor_Morrow_LTD 10 дней назад

Please can you leave the info of your invstment analyst here? I need such luck

@robert-1miller 10 дней назад

'vivian jean wilhelm’ maintains an online presence. Just make a simple search for her name online.

@Trevor_Morrow_LTD 10 дней назад

I checked vivian up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response

@KarenLavia 17 дней назад

Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.

@Hectorkante 17 дней назад

To "buy the dip" It will be profitable in the long run. However, investors should be wary of the bull run. It is advisable to connect with a skilled adviser to fulfill your growth objectives and prevent mistakes. High interest rates typically result in lower stock prices.

@bernadofelix 17 дней назад

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

@SandraDave. 17 дней назад

Interesting! Good day! Although I'm new to investing, I've heard that now is a wonderful time to buy. I have some money in my bank account that is just sitting there, and I really want to make it work for me, especially with the current rate of inflation being so high. Do you have any knowledge about this coach who supports you? I'd like to research them and find out more.

@bernadofelix 17 дней назад

Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@EddyAgnes-vy4kp 17 дней назад

I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.

@dannysmith1033 17 дней назад

This is the worst administration I have ever lived in.

@timogul 17 дней назад

I'm just impressed that a three year old can type. But tell mommy it's past your bedtime.

@jaymorgan6247 17 дней назад

@@timogulI'm more impressed by the intellectual understanding of a three year old who gets it than that of someone who retorts to ad hominen insults as a defense mechanism against their choice to remain willfully ignorant.

@JohnReynolds-ni5lv 17 дней назад

The worst administration in our history. FJB!!!

@Mellow4202 17 дней назад

@@timogulI always like it when people like you comment and then nobody likes your comment because everybody else is on the same page. You're the only one who's intellectually struggling lol

@joefell7845 17 дней назад

Only welfare recipients and illegals like this illegitimate regime.

@scott21784 17 дней назад

FJB and F those who voted him

@charleslavoie5402 17 дней назад

Hey mom and dad….. He’s talking about you!

@Nathan-mw8bv 17 дней назад

Dsmn right

@michaelmcclurg9698 17 дней назад

Yes, have sister & cousin that worship the fake corrupt communist media & are totally brainwashed. It’s much easier to deceive someone than to convince them they have been deceived

@michaelmcclurg9698 17 дней назад

Yes, many baby boomers who are lifelong liberals are totally brainwashed by the fackcorrupt media & their own Deep State Communist Democrat Party

@Jake-mv7yo 17 дней назад

Do you make more than $400k per year? If you don't then you have no business voting for Trump.

@josephross7936 17 дней назад

Instead of raising taxes, cut spending

@Ziegfried82 16 дней назад

Gotta do both at this point, and it's gonna hurt if they really attempt to dial it back and battle the inflation monster.

@TRAVIESO_NA 15 дней назад

spend spend spend on IMMIGRANTS, CRIMINALS, UKRAINE, ISRAEL , but raise taxes on the working class, not this millionaires or billionaires or the" TECH INDUSTRY that fired Thousands of people, and make all the product in China, not in America."

@josephkostinko739 15 дней назад

You mean like Trump did? Wait what?

@Pulapaws 15 дней назад

They have been doing that but only to programs the average people need. They make cut to ISS, mentally health, schools, infrastructures, etc. That why you seeing it fall apart in front of your eyes.

@crbe2159 14 дней назад

Problem is social security and medicare and military are the like 80% of the spending... are you willing to cut those? You realize all the boomers are retiring now so the budget defits are exploding. Everything looked fine so long as the large baby boom was working and contributing but now that the large group is on the dole out all the programs are failing because that generation failed to adequately fund the programs for their retirement when the demographic pyramid inverts. They had the illusions the programs were solvent because of their large corhort but it was just an illusion that allowed them to vote for tax cuts while they were still working because they kicked the problems down the road.

@korysutton2202 17 дней назад

Give out billions , make us pay more taxes wtf

@janettezcan4694 17 дней назад

It's disgusting!

@supremeaction9026 17 дней назад

Crazy how that doesn’t seem to be an option

@justhomas83 17 дней назад

I AM NOT PAYNG

@jameshenderson4668 14 дней назад

Gotta protect the traitors and monsters.

@RomeGod177 13 дней назад

What you think would happen when that bill passed. That money gotta come from somewhere.

@patrick5861 17 дней назад

stop throwing our tax money away on school loans as well as illegals. take care of our vets our elders our kids.. FJB

@YahiaHegazy 16 дней назад

It's not the school loans that he's throwing the money away, he's throwing money away to foreign entities that has nothing to do with American people.

@mydaylightstar 16 дней назад

Its actually going to is....rael billions and billions of our tax dollars. It dosent matter if its democrats or republicans they both are enslaved to AIPAC

@timothyberlinski2299 16 дней назад

Exactly and it was already deemed unconstitutional to forgive student loans but they are doing it anyways

@ImAyBeast 16 дней назад

Stop rewarding low income families with section 8 and free healthcare we should all get the same benefits as well

@AR-rn8ok 15 дней назад

California has a program that helps homeless vets get subsidized housing. I leased a place to a few. I don’t see many immigrants getting free food and housing for ever like everyone claims. Actually never seen any on a subsidy. They mostly just want to pay cash and are always working.

@us4freedomforever 17 дней назад

How is our economy helped when immigrants receive our tax dollars and send it out of the country?

@robyoung-pl1gq 17 дней назад

WWWWWWWAAAAAHHHH!!!!

@politicallyincorrect956 17 дней назад

@@robyoung-pl1gq Why don't you give an answer to him if you're going to reply? Or is it because you don't have an answer?

@timogul 17 дней назад

This is why Biden requested funding to pay for border courts, so that we could get these people processed and productive in the economy. It's the Republicans that want to keep them on the dole.

@jonrod9353 16 дней назад

It’s not, they’ve been lying for years. They’re manipulating the data to their favor. If Democrats win they will continue to make prices go higher. If Democrats lose they’ll stop manipulating the data then just blame republicans

@bobshimits 16 дней назад

Why can anyone support the illegals? This is madness.

@Dave-eu3ib 18 дней назад

FJB hurts everyone

@Fireman12-24 17 дней назад

@@GaryWayneMyersAre you thirsty or just too stupid to say anything other than Kool-aid?

@Fireman12-24 17 дней назад

Wow, that was fast! My comment was deleted in less than a minute… must have hurt some dumb liberal commie feelings!!

@Fireman12-24 17 дней назад

Are you thirsty or just too ignorant to say anything other than “Kool-Aid”?

@timogul 17 дней назад

Yup. Just stupid people hitting themselves.

@gnosticnight 17 дней назад

Illegals?

@DesertScorpionKSA 17 дней назад

The federal government gets more than enough money from the taxpayers. The problem is spending. The government needs to go on a diet. Quit throwing our money away!

@Robert-fs6ge 17 дней назад

The spending under Biden is largely money laundering for the rich.

@justhomas83 17 дней назад

Stop paying

@picklikeapro6952 15 дней назад

@@justhomas83yup, 80 million haven’t paid 2 years in a row to protest this admin. Why do you think they threatened us with 87k armed IRS?

@rayzerot 15 дней назад

@@picklikeapro6952Oh boy. Don't believe everything you see on the Internet lol

@picklikeapro6952 15 дней назад

@@rayzerot I’m just going by what the government said. 87,000 agents don’t get hired for nothing and they definitely don’t say must be comfortable being armed unless it’s a threat to someone.

@BBwatching73 17 дней назад

My taxes were 2600 more this year and I made the exact same gross... FJB

@andrewdonohue1853 17 дней назад

They are giving your money to illegals. I work 75 hours a week and question why I'm still working

@steviemotherfuckinv6374 17 дней назад

Ugh I hear ya man. Fuel alone is a big expense for me Needless to say my truck has been sitting and the lil Honda civic has been getting ran. It sucks man. It just fn sucks

@SightsNScapes 17 дней назад

tax policy hasn’t changed since President Trump in 2017… it takes both houses of congress and the president to change tax policy, so what ever taxes your paying were actually in the 2017 plan… I’m not defending Biden, not by a long shot, but I’m just pointing out reality… It would be all over the news if tax policy was changed by congress… 81% of the 2017 President Trump tax cuts went to the wealthiest 1/10th of 1%… 1 person out of 1000 got 81% of the Tax benefits? imagine it it were the other way around, that doesn’t sound like middle class tax cuts to me… I ain’t no Lib, I care about truth and reality! I’m curious to see if this comment gets taken down

@heyo423 17 дней назад

Well FJB didn’t do anything to taxes yet, we’re still under Trumps plan.

@DWilliam1 17 дней назад

You should ask for a raise.

@thedilladude 17 дней назад

FJB!

@Scorch428 17 дней назад

bot

@robyoung-pl1gq 17 дней назад

FDT!!!

@Wizardof 17 дней назад

Why do we have a "translate to English" notice here? You need to be SPEAKING it.

@scottstevens2752 17 дней назад

Why is he still President?

@ChrisDeWine 17 дней назад

Because Trump couldn't prove Biden cheated and Trump couldn't get parts of the Constitution thrown out so he could be reinstated.

@timogul 17 дней назад

He's more competent than his opponent.

@joshizwrld 17 дней назад

@@timogulbut he’s genuinely diseased

@scottstevens2752 17 дней назад

@@timogul LMAOOOO!! Really? after watching 4 years of this worthless slug?

@antlos6077 17 дней назад

Unfortunately, Americans haven’t found a better candidate.

@jenniferwilson5918 17 дней назад

So punish the single people? I'm disgusted!!

@jasonjones2810 17 дней назад

I agree with you. It is harder for single people to pay rent and bills. Not everybody is lucky enough to find their life partner.

@DWilliam1 17 дней назад

The tax code has always favored married people and those with kids…and the rich.

@AR-rn8ok 17 дней назад

@@DWilliam1technically those of us with kids aren’t rich. It’s very expensive to raise families. We aren’t having enough kids to replace our population so the tax codes should focus tax breaks on families.

@deadcell1 17 дней назад

@jasonjones2810 Unfortunately, women today wants a man to pay 100% of the bills. If you can't they'll call you broke, dusty, etc, etc

@josephl6727 17 дней назад

If I was single and had no kids, I'd be rich already. Have a family makes it harder because you have people to take care of. That's an additional 20-30k minimum to supply the needs yearly. Plus, all the bills and rent doesn't make it easy. It's deserved for people who want to make a commitment to being married and having children. We should have tax cuts. Just like a business that provides hospitality gets a tax cut. I wish I knew what I know now, I'd rich already as a person that was single. I don't really think anyone single should have trouble saving.

@wf5697 17 дней назад

FJB

@Scorch428 17 дней назад

bot

@joefell7845 17 дней назад

Not my potato. 👹

@4thegood927 17 дней назад

@@Scorch428 FJB!

@robyoung-pl1gq 17 дней назад

@@4thegood927 FDT!!

@robyoung-pl1gq 17 дней назад

@@joefell7845 FDT!!

@AnhNguyen-ty4cv 17 дней назад

Stop sending money overseas and see how fast we go back to normal and actually grow as a country.

@red_panda4282 17 дней назад

Wow someone who actually makes sense in these comments.

@robyoung-pl1gq 17 дней назад

@@red_panda4282 Fighting your Russian pals is expensive

@robyoung-pl1gq 17 дней назад

Fighting your Russian pals is expensive

@red_panda4282 17 дней назад

@@robyoung-pl1gq Im not advocating for giving Ukraine to Russia. I don't see a point in giving money to Israel who seems to be handling the war well enough on their own.

@bourbontraveler 17 дней назад

Tell me what is normal?

@matthaios9143 17 дней назад

So much for not taxing anyone who makes under $400k more

@AR-rn8ok 15 дней назад

Technically he wasn’t lying. No one has been taxed yet. It’s a proposal and none of us have seen the details yet.

@sherrieprettyman6448 17 дней назад

Screwing the middle working class yet again......

@TRAVIESO_NA 15 дней назад

yup, because we make all the taxes for them already, we have the biggest working Number of people. ages 30-50 are the working class. So millennials don't even know about this, it wont effect them. It will effect everyone who works for a living. """god forbid your a working person in America, we keep getting f***ed by laws."""

@hbkx48st 17 дней назад

F J B

@robyoung-pl1gq 17 дней назад

F D T

@politicallyincorrect956 17 дней назад

@@robyoung-pl1gq Why?

@youbetyourwrasse 17 дней назад

LBJ took the RIT down to 4th ST, USA. When he got there, what did he see? The youth of Amerika on LSD.

@thedeafcattledog8608 16 дней назад

@@robyoung-pl1gq eh, doesn’t have the same ring to it as FJB!

@velazquez2009sergio 18 дней назад

Biden finding ways to increase taxes

@Rathkryn 18 дней назад

How else are they supposed to get money to give to Ukraine to buy weapons from the campaign donors? There's only so many bail outs you can do each year.

@timothylopez8572 18 дней назад

The president can't pass new taxes.

@mikejohn7273 17 дней назад

Biden raises everything never lowered 1 thing hes garbage fjb worst dumbest president of all time he wants to hurt america not make it better hes garbage!!

@Rathkryn 17 дней назад

@@timothylopez8572 There are individual tax cuts set to expire this year. If they're not renewed then tax increases occur.

@timothylopez8572 17 дней назад

@@Rathkryn tell your representative. The president can work with Congress, but doesn't direct Congress. Separation of powers. This is basic civics man.

@russellbarton7565 17 дней назад

I’m counting Pennies right now just to buy food. I’m about to give up on this country

@robyoung-pl1gq 17 дней назад

record corporate profits

@Wizardof 17 дней назад

Pull yourself up by your bootstraps. Get a third job.

@Jhayes14590 16 дней назад

Don’t worry the illegals get free food and debit cards in ny , give up citizenship and cross that border you’ll be treated like a king 5 star hotel and free money no work

@beatdown3361 14 дней назад

@@Wizardofget a 5th job. Stay ahead💪

@markm0000 12 дней назад

Just don’t have a normal job. Do literally anything on your own. Put money aside for taxes. You’re way better off than trying to work 3 jobs and burning your wheels.

@johnlerner5346 18 дней назад

FJB! - If he's Competent Charge Him for Insurrection! If he's Incompetent, Impeach him and Charge him for Treason!

@mikejohn7273 18 дней назад

Charge him for the coke in the White House they seept under the rug also and the 175 illegal kickbacks and bribes him a d his junkie son took a d charge his brother for the 90 million he stole in a medicare fraud scam!!!!!!!!!

@thedilladude 17 дней назад

@@gordoncalhoun4725 No, he's got the right guy! FJB! 🐑

@bunnoatnichibei 17 дней назад

How are those Trump tax cuts for the rich working out for the national debt? And what did they do for our country?

@Scorch428 17 дней назад

how about just dont vote for him....when did America get so full of extremist terrorists..?

@timogul 17 дней назад

Schrodinger's Biden.

@dianedelanuez833 17 дней назад

Big government. We need less government. Elect Trump, his government, worked.

@Jake-mv7yo 17 дней назад

The police state Trump wants is not small government

@robyoung-pl1gq 17 дней назад

worked for millionaires

@moabman6803 16 дней назад

How was Trump as President a police state? He was already president once and it was not a police state.

@BlowitAllUp 16 дней назад

Not gonna happen unless the majority vote libertarian.

@dianedelanuez833 15 дней назад

Trump will win

@klaudio2803 18 дней назад

I have seen this in Africa, where I am from. It’s called corruption. Exclusive contracts, and no real market competition

@gaynormca8992 17 дней назад

Fair comment. I’m beginning to think that America is turning into Africa.

@timogul 17 дней назад

That's something different.

@Jake-mv7yo 17 дней назад

This is Reagan's fault for privatizing government services and then contracting them out

@Ziegfried82 16 дней назад

@@Jake-mv7yo really? I'd say it all goes back to Lyndon Johnson and Richard Nixon. Nixon has to be the worst US president since the Civil War. Saying the corruption started under Reagan is hilarious, though it certainly got worse.

@TheAnkit211 14 дней назад

Contracting stuff makes $$ for them and huge kick backs . It doubles down when someone from your family or relatives or your own shell company takes govt. contacts . That system is absolute cancer!

@charlesbitten9942 17 дней назад

Screw 20% inflation. My food bill is up at least 70%, Utilities up 50% ,insurance 25%,home repair mat up 40%. How can it be 20%?

@user-by1kx1px5g 17 дней назад

Joey says it's 3.4.

@justinsmith9851 16 дней назад

They don’t factor food and energy prices they massage the number

@thedeafcattledog8608 16 дней назад

It’s called fraud.

@AR-rn8ok 15 дней назад

Food and fuel inflation could have been down if Ukraine had beat Russia last summer but our own conservative reps blocked weapons and cash loans that Ukraine needed when it was gaining ground on Russia. We basically saved Putin this past year by withholding Ukraine weapons. That’s not on Joe. That’s on us for voting for these idiot rino.

@keybgbeez5713 14 дней назад

It's called corruption

@jeremyduncan2013 17 дней назад

I’m going broke with all these tax hikes this country and NY state is out of control

@shanehewitt2019 17 дней назад

Thats socialism, rich and poor. FJB. TRUMP 2024

@robyoung-pl1gq 17 дней назад

Save us Felony Don!!!

@user_golden 17 дней назад

@@robyoung-pl1gqno one can save you, not even Biden.

@YahiaHegazy 16 дней назад

Trump also did socialism. Remember the 1600 dollar and $1,200 and $600 checks?

@rafalrocks 16 дней назад

You don’t think trumpster gonna spend spend spend? He’s just gonna spend on what his constituents and lobbyists want him to spend on. Don’t be that naive

@shanehewitt2019 16 дней назад

@@YahiaHegazy well he didn't defy the supreme court and pay off people's student loans. FJB

@richardjung415 17 дней назад

The US govt is more than 40% bigger than the day before covid! And the middle class is now 40% smaller than the day before covid!

@AR-rn8ok 15 дней назад

It’s because Trump tax cuts were permanent for the rich and temporary for the middle. They just expired this year and he scammed us. Biden isn’t speaking up enough against high rates and insurance but Trump screwed us pretty royally with his tax plan and during covid. Completley mishandled it. I can’t vote for that chaos in office again.

@rayzerot 15 дней назад

What measures are you using?

@thelooseseal 17 дней назад

If approved, the Biden administration's proposed 25% tax on unrealized gains and 44% increase in the capital gains tax rate will not only devastate the economy but also penalize the hardest-working citizens and ensure that Trump wins the election. I would like to invest $100,000 of my current funds in a non-retirement account; any suggestions? I have put in 22 years of hard work, and I don't want to fail.

@Lewyn298 17 дней назад

For the time being, I would stay away from index funds, mutual funds, and particular stocks. The best option available at the moment is a five percent fixed income. Set aside funds for when the market begins to recover significantly.

@greekbarrios 17 дней назад

Opting for a financial advisor is currently the optimal approach for investing, particularly for those nearing retirement. I've been consulting with one for a while, and my portfolio has grown by 85% since Q4 2022.

@TylerofSc004 17 дней назад

I have not written this sort of comment before but from the your comment, I knew that you have good understanding of investing, How can one reach this person of yours?

@greekbarrios 17 дней назад

She goes by "Jill Marie Carroll" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

@TylerofSc004 17 дней назад

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting

@JD2CYLINDERNUT 17 дней назад

Let’s be clear here…..when the Fed meets and anytime they meet, they will discuss what benefits them, not us.

@victorfontaine4943 17 дней назад

The costs continue to go up while the paycheck stays the same.

@TomSpeaks-vw1zp 17 дней назад

So in an election year, why would you start “F” ing with taxes. That’s about as stupid as it gets. Politics boggles the mind.

@stevelacombe5291 17 дней назад

No one has ever accused j0E of being very bright. Anytime he’s ever said something halfway intelligent, it was plagiarized.

@aaront936 15 дней назад

Because they've rigged the elections and got away with it so they're going to do it again so it doesn't matter what they do that passes people off.

@blankx15 10 дней назад

People would still vote for him.

@bigbub54f100 17 дней назад

He can’t even put a sentence together without help

@Borderlands808 17 дней назад

Soon everyone will be working 3 jobs. One for rent, one for bills and one just for taxes. 🤦🏽‍♂️😳

@mickmontemurro7174 17 дней назад

Both sides of the aisle has an addiction problem. Thier drug of choice is money. They can't stop spending it, they never have enough of it and if you try and take it away they lose thier minds.

@timogul 17 дней назад

They spend it on things that benefit Americans more than the taxes they pay in though.

@Mellow4202 17 дней назад

@timogul the majority of the tax revenue is created by personal income tax. Most rich people are able to write that off, any business owner can write their taxes off. You can actually write off your employees salary. An overwhelming majority of the government's money comes from the working people. If I were able to show you the pie chart in this comment I would. Just because someone doesnt pay $30,000 in tax doesn't mean they should have no say in where their money goes. It's the small 4,000 here and $4,000 there that add up from all of the personal income workers that make up a significant part of the government's money. We might as well not even bring up business/corporate taxes because most businesses write off everything that they have anyways. I know because I'm a contractor and write things off all the time.

@AR-rn8ok 17 дней назад

You’re right they both spend too much. But it seems our deficits shrink when the Dems are in office and increase when R’s take control. That’s ironic given we always blame democrats for deficits. I’m somewhere in the middle. Lend Ukraine money to fight our enemies. Maybe spend less at home. Give tax breaks to families so people can afford to raise children. I’m kinda pissed that Trump tax cuts expired for me but not for Jeff bezos, Elon musk, and all the ceos of oil and insurance companies.

@timogul 17 дней назад

@@Mellow4202 I totally agree with you that loopholes should be closed that allow corporations and the wealthy to dodge their tax responsibilities. There's a simple answer to that, put more Democrats into office. That said, income tax is factored into salary overall, so it balances out. It's not like if income tax were abolished then everyone would make the same amount of money and pocket the difference, if not for that expected drain on people's wallets, companies would just pay them less, so effective income would stay flat (eventually, this would obviously take time to balance out). Again though, _whatever_ amount someone puts into the tax revenues, they make back much more than that in government benefits, whether they recognize that or not. If they put more in, they would make even more back.

@moabman6803 16 дней назад

The loopholes provide incentives to invest which bolsters the economy all around. As far as getting more than you put in, you would have to give specific examples. Middle class Americans are already strapped for cash due to the poor state of the current economy.

@albertinsinger7443 17 дней назад

Capital gains going to almost 50%. That will tank the markets and you will have a long depression.

@user-zg4ne5pq2g 16 дней назад

One way to guarantee the poor stay poor.

@Wowsers101 17 дней назад

Ive never worked so much and have never paid so much in taxes

@davidmichalowski2818 17 дней назад

WE NEED TO BAND TOGETHER ON THIS TYRANNY! THE TIME IS NOW!

@robyoung-pl1gq 17 дней назад

You aholes gonna attack congress again???

@youbetyourwrasse 17 дней назад

YOU FIRST. :D I got the feathers if you got the ...... xxx 😵🪓

@rdaniel4187 17 дней назад

Pretend that the government is a sports team or a video game company

@Privatecitizn 16 дней назад

Stop paying taxes

@roberttenaglia4414 15 дней назад

i with you all the way

@LV-1969 17 дней назад

Build Back Broke

@joe6223 17 дней назад

Why would you put this tax increase out before election ? The fix is in

@TheRealMrHighOffMusic 17 дней назад

GET EM OUT OF THERE!!!

@user-hm8wf8wv1m 17 дней назад

Question where the hell dose the Gov. Get there inflation facts? A few % is a joke. Have you priced a battery for your car? They are up %80 from last year.

@janettezcan4694 17 дней назад

Yeah it cost me over $200.00 for a freaking battery for a Camry!

@commonsenseisntcommon1776 17 дней назад

FJB!!!

@robyoung-pl1gq 17 дней назад

FDT!!!

@eMDiKhamPha 17 дней назад

Usually I don't cuss but FJB!!!!

@robyoung-pl1gq 17 дней назад

I bet you do. FDT!!!!

@TomSpeaks-vw1zp 17 дней назад

Unless you take the Lord’s name in vain, they’re just words that someone said were bad. And most of them are only 4 letters.

@user-qp4gw6sz3d 17 дней назад

What happened to taxing the rich folks? Oh ya, Biden is rich now!

@nioxa5421 13 дней назад

All the loop holes they use…. They are not paying much 😂😂

@pat4005 13 дней назад

I think that the President doesn't pay taxes. (At least not on their paycheck as President).

@tedjohnson7485 17 дней назад

Trump will just throw it out in January when he kicks Brandon out.

@archstanton2719 17 дней назад

Trump lost PA in 2020 by 85,000 votes. Nikki Haley just got 157,000 votes in PA and she dropped out 6 weeks ago. Do the math.

@paulharper7185 17 дней назад

Trumps tax break for normies is up next year. A new bill will be required or its going up anyways. Of course the tax break for corporations was permanent. This way they can perform more theater next year over a new tax cut bill, where we get a 3% cut for a few years, and corps get another 10% forever.

@commonsenseisntcommon1776 17 дней назад

What taxes did Briben pay on the laundered money????

@robyoung-pl1gq 17 дней назад

Just make a story up!!!

@danielgrgic1246 13 дней назад

Anyone else getting sick of anything that anyone in the government says at all, no matter what it is?

@ricocastro6321 17 дней назад

60 billion for Ukraine isreal and Taiwan

@Cj-qt2ls 17 дней назад

95 I heard

@4thegood927 17 дней назад

That’s just this round

@Robert-fs6ge 17 дней назад

60 billion for Ukraine and much less for the others

@robyoung-pl1gq 17 дней назад

less than 30 days of our defense budget, go back to sleep

@robyoung-pl1gq 17 дней назад

@@Robert-fs6ge less than 30 days of our defense budget, go back to sleep

@verdansk 16 дней назад

The problem is government spending. The more the government spends, the more the lobbyists can pay the politicians. They find anyway to be able to spend more money.

@Userru.3 17 дней назад

How the F college students are not protesting about this.???? What the hell were you guys thinking when voting for Biden ?????????

@thomasfriend-ng3lu 15 дней назад

Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $8,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson 🇺🇸🇺🇸🇺🇸..

@KathrynGareth 15 дней назад

Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.

@RachelColleen-iv8rd 15 дней назад

Thanks to my co-worker (Alex) who suggested Ms Chloe Linda Henderson.

@WillowKyle 15 дней назад

She's a licensed broker in the states 🇺🇸

@WillowKyle 15 дней назад

Great to see you guys talking about her, she changed the game for me.

@StephenCury8 15 дней назад

After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.

@phxBird 17 дней назад

Trumpnomic vs Bidenomics I think i’ll pick Trumpnomic as something that worked very well for all Americans. Trump 2024!!

@rbfarrell1 15 дней назад

U.S. Government is the biggest employers in the country. That is a big problem.

@philyogaeveryday321 17 дней назад

The Standard Deduction is a winner for us. FJB if he's going to change that.

@Stantheman4444 17 дней назад

It’s not a win for me! It hurt my tax write offs greatly. So winner for who?

@jmar8507 17 дней назад

@@Stantheman4444 How? You can still file itemized instead if you have more deductions than the standard amount.

@philyogaeveryday321 17 дней назад

@@Stantheman4444 A *lot* of people with lower incomes, say below $120,000, who do not have enough deductions to go above the standard deduction. If you have a lot of itemized deductions you can of course choose to use those instead of the Standard! Being able to knock off $24,000 from your income is a VERY BIG DEAL for most people.

@Stantheman4444 17 дней назад

@@philyogaeveryday321 they cut a lot of the deduction folks like me were once able to take advantage of.. all so the wealthy and I guess lower income folks can have access to great tax benefits. Clearly we aren’t in the same tax bracket so you wouldn’t understand. I worked a full time career, plus I’m a real estate investor, and run a small business with 10 employees. I’m a registered republican, I never forgive them for the 2017 tax bill, that added 2 trillion to the national debt.. and screwed me and my buddies over BIGLY!

@philyogaeveryday321 17 дней назад

@@Stantheman4444 I get what you're saying but that is a business taxation issue not a wage, pensioner, or 1099 income tax issue. But I agree business entities need tax breaks too! I'm all for lowing taxes wherever they can.

@user-tw3kr9if1f 17 дней назад

$ 75,000 in Los Angeles is not middle class. Rent is about $2,000 for a 1 bedroom apartment. We all have an idea of the cost of fast food. ect. The so called low income get subsidized housing and other benefits which those above don't get.

@Jleed989 17 дней назад

Not to mention the cost of owning an automobile in LA

@deadcell1 17 дней назад

That's about the same what we pay for a 1-bedroom in florida, except the average salary here is $45k/year.

@AR-rn8ok 17 дней назад

Listen I hear Fox saying this same thing but the people at the bottom are not making the laws that screw us. All they do is get the bottom and upper middle to hate eachother while they run away with the bank. The real problem is billionaires making their ax cuts permanent and middle class temporary. And they are like vampires draining what little we have by price gouging us because there’s little competition for food and insurance. Then they’ve somehow convinced the government to raise rates and trigger mass layoffs as a solution to inflation, rather than just taxing the top fairly and eliminating some of this price gouging.

@kurtnewman7182 17 дней назад

That’s what happens when you bring socialism to the US

@zoranjovic2184 17 дней назад

40% bigger gov then before covid? Wtf?

@jasonbennett499 16 дней назад

Cancel ALL handouts, lower taxes, make better decisions!

@crbe2159 14 дней назад

does that include social security and medicare since the boomers underfunded it? Or just for the people you don't like?

@JD2CYLINDERNUT 17 дней назад

But the sheep will still vote for that…….

@bartbarton3082 17 дней назад

...bigger government is responsible for the smaller individual...

@Mrgulaman 17 дней назад

All that money and nothing is getting done lol

@monicavandeventer5429 16 дней назад

My husband gets paid bi-weekly. On his last pay period, he was taxed almost $2,000!!! And no, we're not in California, we're in Colorado. Why so much?! Some of that money could have gone into our savings (we are both life long conservatives). This country is a mess.

@dissy5563 17 дней назад

Where is $30k / year, middle class ?

@FrancoM7747 17 дней назад

Exactly. 1990 called. They want their middle class back.

@Wahinies 17 дней назад

Poverty in all 50 states.

@Gaming_Antics 17 дней назад

$30k a year is lower class now.

@nerosin 16 дней назад

Mexico

@russellbarton7565 17 дней назад

When are these democrat tax hikes going to kick in I think it’s time to retire and stop paying taxes

@SingleSuccessfulMomMBA1422 17 дней назад

The middle class is tired of substituting taxes for corporations and rich people. Pay your freaking taxes

@Stantheman4444 17 дней назад

Well Trump and the republicans want the corporations and rich people to continue getting tax breaks. The 2017 tax bill added 2 trillion to the national debt. That guy is a clown for stating it was great for America. No it was great for the corporations and the wealthy!

@GetThemLyrics 17 дней назад

Taxation is theft

@musicman7297 17 дней назад

They already do. Maybe so many people should go get a job and stopFREELOADING .

@rrrealqueen 17 дней назад

Whats the point of working if half my money already goes to rent and now the other half goes to taxes. 😂 most people we'll freeloading more than ever. I will start claiming Ssi and foodstamps early whats the point of working. If i cant eat lmao, this 🤣 is the final straw for me. Yall will be paying for my free rent, free food, and free income!!! Have fun.

@musicman7297 17 дней назад

@@rrrealqueen Look another freeloading13percenter.

@_Delta_P_ 17 дней назад

And these taxes will all be going to Ukraine right?

@mgtowski395 17 дней назад

minus 10%

@lukeGGlee 17 дней назад

Its going to fund alll the wars

@michaelb.8953 17 дней назад

@@mgtowski395 But not before it gets laundered through Ukraine first. Biden and his puppeteers are getting filthy rich right now and we have to pay for it and then he still wants us to vote for him. Trump 2024!!!

@Robert-fs6ge 17 дней назад

Sure..the dems want their money to laundering to remain

@robyoung-pl1gq 17 дней назад

Ok, Tinfoil!!! Keep crying!!!

@lukeGGlee 17 дней назад

We cant afford to fund and fight wars on 3 fronts.

@Jleed989 17 дней назад

Plus with his push for electric postal vehicles, postage is going up another 5 cents in July. It never ends

@nellynel153 14 дней назад

we need him out asap

@jaybarbieri7799 16 дней назад

We need everyone to pay a flat tax on the money they make

@DavidBauer-iv9yw 18 дней назад

all the money that the immigrants have and they're not spending it where else can I get more money to make the economy look good all volunteer for you Joe

@AR-rn8ok 17 дней назад

Actually immigrants might help lower inflation, keep our food costs down, housing costs down too. Farmers rely on them and so do contractors. Our workforce is getting older. We don’t give enough tax breaks to incentivize big families so we need immigration to help replace our population and labor force. At least until we make robots.

@moabman6803 16 дней назад

Immigration will cost supply of housing to go down and demand up. When demand is up real estate goes up. When real estate goes up inflation increases.

@AR-rn8ok 15 дней назад

@@moabman6803 they help build and repair more housing than what they use. Florida immigrants left and they can’t find contractors to do all the work they need.

@jan_darysh 17 дней назад

Liar. Liar. Liar. Liar. Liar. Liar. Number of people cutting their losses is increasing.

@donbabcock6021 17 дней назад

That’s why I quit in 2020 and don’t pay taxes until my government represents me. Until then I won’t be contributing.

@justinpedro5560 18 дней назад

I love all you! Thank You!

@tomhamilton9140 17 дней назад

Biden 🤮

@billdobbins8372 17 дней назад

Democrats will drive you to the poor house and then expect you to thank them for the ride.

@strike0909 14 дней назад

End Biden and end taxes

@ulost1gaming417 12 дней назад

NO WHERE IN THE UNITED STATES CAN YOU LIVE BY YOURSELF FOR 30K/YEAR. 30K IS THE NEW POVERTY LINE!!! IF YOU CAN NOT LIVE BY YOURSELF, WHATS THE USE IN WORKING?? WE ARE NO LONGER WORKING FOR A LIVING, WE ARE WORKING FOR SURVIVAL!!!

@davidyoder-rh4wf 17 дней назад

2 party dictator ship.

@dennisw8263 17 дней назад

Somebody should tell biden that he's wasting his vacation time trying to grow peanuts in Delaware. He's already worse than Carter.

@qwq203 15 дней назад

America's inflation problem is the government over spending just to send money overseas and give to illegals.

@kalibmilner877 14 дней назад

The economy is crazy. I’m a 34-year-old male and from age 20 to 30 my prices on most of my bills. Went down from age 20 to 30 then at 30 when Biden took over my business insurance which I paid for seven years prior at $134 a month is now $550 a month. My home insurance went from 1200 for the year to 5200 for the year, my auto insurance has also gone up with no tickets were accidents ever. I am paying more now today than I ever have and I had a motorcycle at 16 years old that was fully insured from the state of Florida. These prices are out of control every year that Biden has been an office Have about $1500 a month in new bills for each year that’s being added to my plate as someone who makes around 70,000 a year and takes care of a family of four. It is getting harder to operate in the US. It’s a shame we’re giving so much money to illegals, I have never had health insurance and I’ve never been able to afford it but they get it for free plus nice hotel rooms. This is not America I live in.

@user-gz3kv8xx8q 17 дней назад

We just need a tax rehaul overall

@MB-xv7er 17 дней назад

Doesn’t really affect me. No matter who’s in office us lower income folks with zero opportunity are always heavily taxed so

@GiGiGoesShopping 17 дней назад

Factor one with Hiden is they don't give a sh!t

@charleslash4895 17 дней назад

Would not be so bad if taxes weren’t spent on BS

@AR-rn8ok 15 дней назад

Like firemen and police and our military? Or clean roads and nice schools?

@user-sy8dy8om6d 17 дней назад

I pay about 30k a year in taxes. I would be happier paying for the American College Fund foundation to help people excel with better jobs. However, oweing money at the end of the year and watching "slackers" and welfare recipients splurge other peoples taxes is just awarding people with other peoples money because they dont try hard enough. We NEED better education, education about choosing the right education, and education about making the right choices to excel.

@MB-xv7er 17 дней назад

What do you Do for a living? And yeah I wish I could go back to college

@najeraj1 17 дней назад

Biden is out this November, I have he’s last check in the office.

@SargentD4 16 дней назад

Personal income is voluntary and not clearly defined in tax codes

@bobbadham261 17 дней назад

You'll all be stinkin rich riding unicorns on fluffy clouds laughing non stop... Like ya have been for last 3.5yrs under FJB

@chrisallender6657 17 дней назад

Vote trump

@dev4statingx90 15 дней назад

The Boston Tea Party revolted for less. C'mon America!!!

@ryandarko2115 17 дней назад

Trying not to be reminded

@klein2252 17 дней назад

2 sausage egg and cheese biscuits from McDonald’s $15 in Louisiana

@Wahinies 17 дней назад

60 eggs is back down to $15, cans of biscuits $2, cheese $4 for three dozen slices, pack of bacon or bag of sausage patties $5. This makes many sandwiches. Pass it on.

@Gaming_Antics 17 дней назад

Learn how to make your own breakfast sandwich.

@AR-rn8ok 15 дней назад

They’re not real sausage and eggs. It’s probably better we stop eating there.

@ogslowdragon 17 дней назад

Thought it was only for people who earned $4 million or more. Lol. Democrats, am I right.

@ellau5850 16 дней назад

FJB, he love raising tax and spending like crazy to benefit his friends and family

@marvinjohnson424 14 дней назад

I'm still searching for the grocery store where prices have increased by only 18.4%🤔🤬🇺🇸

@debbiekelley7899 18 дней назад

🖕I salute you Joe

@DEFIRYAN 17 дней назад

They need to cut taxes on lower income people .. people who have money are doing fine . Why is that so hard?

@tswagg504 17 дней назад

Poor people actually pay the least taxes. The higher your tax bracket, the more you pay. For example, a person that makes $20,000 a year only pays taxes on $6,000 of that 20K after the 14K standard deduction is taken out…not to mention only poor people qualify for the Earned Income Tax credit, this tax credit ranges from $632 to $7,380 depending on how many kids they have…Then you get another tax credit if you’re a student, not to mention that 14K standard deduction goes up $2,000 for every child you have. There are some people in the hood getting $10,000 tax returns.

@musicman7297 17 дней назад

😂, poor people get free stuff . Other upper poor people pay no taxes and actually get money back that they didn't even pay into. 😂😂😂😂😂