Well many things come to mind for me about Biden. Socialist is not one of them. I feel like there seems to be some inferrence to Biden being this either Robin Hood figure or whatever. I don't think that's what Biden is. He's a moderate. As far as the Tax Code whom does it serve?
Well no matter how you turn it or flip it. It doesn't seem to be serving the average American no matter what you do he becomes much poorer everyday. So if i were to look at some indictator of what tax plans have worked for the average American. I'm not saying anything Biden has suggested works better. I'm saying everything you all have suggested certainly hasn't worked because Americans continually get poorer under your ideologies.
So you asking average americans to care about the taxes you gotta pay on selling a business for a million bucks and they can't afford almost half the country a $400 emergency. Imagine how ridiculous that would sound to them. We hear everything from trickle down economics to don't tax rich people or they fleeing to Monaco or China or some place or another as they aren't true Americans probably.
I say let them run to their tax havens and tax their businesses to high heaven if they try to import to the American consumer. See how they like losing the biggest consumer in the world. So im not saying the Biden plan is appropriate.
I think the big problem isn't inequality. We need functional inequality. The problem is we have outrageous inequality that transforms our economy to neofeudalism with all these people with very little of anything. They aren't worried about real estate, the stock market.. the futures market.. none of that. These people trying to survive and the idea of letting people be super rich by their own bootstraps or code word government aid or tax systems that serve them and only them works. I think not. That's not going to work. So we may need taxation in the way to atleast have functional inequality..
I think that middle class family sure may not like paying a bit more taxes and maybe not being able to afford that vacation home. However i think the average working joe who's taking on a ton of taxes in ratio who's just trying to put gas in his car to get to work may not find that a reason to hoot and holler. So when you start dealing in figures like a million bucks which i know is not alot of money to some people. I"m thinking this is upper middle class territory. So we aren't talking the destruction here of the middle class lol.
So this tax system needs changes. However i'm not really aware where its ever served the average american yet more than its served the wealthy. Also i'm not a person who is into class warfare. This is just dual economy indicators 101. That if you have this great imbalance in your economy this is not good. It's seemingly gotten worse no matter who's been in charge or who said he'd do all this or that for the country and the stock market lol. It hasn't worked the economy is in bad shape. It's gotten worse over the last 4 years. Thats a fact even before covid it was getting worse on the real data.. not the fake data. The actual job numbers and lack of budgetary spending as i don't see how you can really become healthy economy if you're spending more and more than your previous administrations. So yea i'm not buying alot of what they selling.
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