POLITICAL THREAD
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Yet, Aurora, Denver, and Colorado will vote for Harris. I really wish somebody could explain this to me.
Harris/Walz might be the most uninformed and clueless democratic duo since Dukakis/Bentsen. Their actions speak volumes, and they can't be taken seriously to lead the country.
Meanwhile, our country is a mess, our foreign policy is in shambles, and the current (in name only) POTUS is on the beach again. Complete disaster.
Meanwhile, our country is a mess, our foreign policy is in shambles, and the current (in name only) POTUS is on the beach again. Complete disaster.
Nice read about Kamala's tax ignorance....
https://www.foxnews.com/opinion/what-kamala-harris-tax-armageddon-cost-you-us-economy
Gov. Tim Walz says a Harris administration would have no place in Americans' bedrooms. But judging by what we know from the Harris tax plan, it would have a bigger place than ever in our wallets and bank accounts.
Harris is proposing a $5 trillion tax increase, the biggest in American history. If passed, it would fundamentally reshape the American economy and the scale in which the government extracts funds from citizens. Her plans include:
Raising the corporate tax rate from 21% to 28%: This 33% tax hike would make American businesses less competitive globally. Combined with state levies, it would make American corporations among the highest taxed in the developed world. The country would return to the bad old days of corporate inversions, where businesses flee offshore to reduce their tax costs.
Vice President Kamala Harris speaks on her economic policy at the Hendrick Center For Automotive Excellence on Aug. 16, 2024 in Raleigh, North Carolina. (Grant Baldwin/Getty Images)
Economists and common sense say workers and customers pay for such corporate tax hikes because companies are forced to lower wages and increase prices to fund them. More than one million American small businesses file as corporations, so this tax hike wouldn't only hit massive corporations like Google and Apple as the Harris campaign implies.
KAMALA HARRIS AND HER TWO SOCIALIST PROPOSALS TO CRUSH THE US ECONOMY
Raising the capital gains tax rate to match the personal rate: This move would nearly double the capital gains tax rate, creating a huge disincentive to invest in America. Access to credit would further decline, and equity prices that ordinary Americans depend on for their retirement would plummet.
Harris overlooks the good reasons investment income is taxed at a lower rate. For one, it is not indexed to inflation, so investors already face a significant inflation tax on their appreciation. For another, investment income is already taxed at the corporate level, so it deserves to be taxed less when distributed to minimize double taxation.
Ending the step-up in basis for estates: Harris wants to end the tax-free transferring of most estates and treat death as a taxable event for capital gains purposes. This is a massive attack on baby boomers planning their wills and dramatically reduces what they will be able to pass down to their heirs.
This plan would prevent many small businesses and family farms from passing down their properties. Consider a business or farm that has appreciated from $100,000 to $1 million over the last generation. Many heirs could not afford the associated tax hit of several hundred thousand dollars and would have no choice but to sell to generate the liquidity needed to pay.
Harris' plan attacks a primary aspiration of many small business owners: the opportunity to create generational wealth.
Taxing unrealized capital gains (aka a wealth tax): Harris wants to fundamentally change how taxes are calculated by taxing paper gains in property and investments before they are realized. Such a move would tax expected profits that may not actually materialize if the market falls. Think of the massive penalty to investors in companies like Pelaton (stock price down 98%) or WeWork (delisted after bankruptcy) that would be taxed on phantom gains that never materialize.
Small business owners who work for decades to increase the value of their business would be hit with major tax bills year after year as punishment for this appreciation. Ordinary Americans would see their retirement accounts decline as investors pull out of public markets.
CLICK HERE FOR MORE FOX NEWS OPINION
Allowing the Tax Cuts and Jobs Act to expire: Harris opposes the Tax Cuts and Jobs Act of 2017 and plans to let it expire as scheduled at the end of next year. This would create a massive tax increase for Main Street, which would have to say goodbye to a 20% small business tax deduction, immediate expensing of capital, and lower tax rates.
The TCJA led to historic shared economic prosperity in 2018 and 2019, and it has allowed many small businesses to weather the Biden-Harris storm. The tax hike that would accompany its elimination would be the final straw for many small businesses.
These are just some of the tax hikes a Harris administration would seek. Harris also wants to increase the top marginal personal rate to 44.6% and quintuple the stock buyback tax.
CLICK HERE TO GET THE FOX NEWS APP
Harris' tax plans are a giant leap toward socialism, especially when you consider how they'd be expanded to more and more taxpayers once implemented.
It's up to political independents, who may disagree with Republicans on some issues, to vote conservative this election to prevent this tax Armageddon from occurring.
https://www.foxnews.com/opinion/what-kamala-harris-tax-armageddon-cost-you-us-economy
Gov. Tim Walz says a Harris administration would have no place in Americans' bedrooms. But judging by what we know from the Harris tax plan, it would have a bigger place than ever in our wallets and bank accounts.
Harris is proposing a $5 trillion tax increase, the biggest in American history. If passed, it would fundamentally reshape the American economy and the scale in which the government extracts funds from citizens. Her plans include:
Raising the corporate tax rate from 21% to 28%: This 33% tax hike would make American businesses less competitive globally. Combined with state levies, it would make American corporations among the highest taxed in the developed world. The country would return to the bad old days of corporate inversions, where businesses flee offshore to reduce their tax costs.
Vice President Kamala Harris speaks on her economic policy at the Hendrick Center For Automotive Excellence on Aug. 16, 2024 in Raleigh, North Carolina. (Grant Baldwin/Getty Images)
Economists and common sense say workers and customers pay for such corporate tax hikes because companies are forced to lower wages and increase prices to fund them. More than one million American small businesses file as corporations, so this tax hike wouldn't only hit massive corporations like Google and Apple as the Harris campaign implies.
KAMALA HARRIS AND HER TWO SOCIALIST PROPOSALS TO CRUSH THE US ECONOMY
Raising the capital gains tax rate to match the personal rate: This move would nearly double the capital gains tax rate, creating a huge disincentive to invest in America. Access to credit would further decline, and equity prices that ordinary Americans depend on for their retirement would plummet.
Harris overlooks the good reasons investment income is taxed at a lower rate. For one, it is not indexed to inflation, so investors already face a significant inflation tax on their appreciation. For another, investment income is already taxed at the corporate level, so it deserves to be taxed less when distributed to minimize double taxation.
Ending the step-up in basis for estates: Harris wants to end the tax-free transferring of most estates and treat death as a taxable event for capital gains purposes. This is a massive attack on baby boomers planning their wills and dramatically reduces what they will be able to pass down to their heirs.
This plan would prevent many small businesses and family farms from passing down their properties. Consider a business or farm that has appreciated from $100,000 to $1 million over the last generation. Many heirs could not afford the associated tax hit of several hundred thousand dollars and would have no choice but to sell to generate the liquidity needed to pay.
Harris' plan attacks a primary aspiration of many small business owners: the opportunity to create generational wealth.
Taxing unrealized capital gains (aka a wealth tax): Harris wants to fundamentally change how taxes are calculated by taxing paper gains in property and investments before they are realized. Such a move would tax expected profits that may not actually materialize if the market falls. Think of the massive penalty to investors in companies like Pelaton (stock price down 98%) or WeWork (delisted after bankruptcy) that would be taxed on phantom gains that never materialize.
Small business owners who work for decades to increase the value of their business would be hit with major tax bills year after year as punishment for this appreciation. Ordinary Americans would see their retirement accounts decline as investors pull out of public markets.
CLICK HERE FOR MORE FOX NEWS OPINION
Allowing the Tax Cuts and Jobs Act to expire: Harris opposes the Tax Cuts and Jobs Act of 2017 and plans to let it expire as scheduled at the end of next year. This would create a massive tax increase for Main Street, which would have to say goodbye to a 20% small business tax deduction, immediate expensing of capital, and lower tax rates.
The TCJA led to historic shared economic prosperity in 2018 and 2019, and it has allowed many small businesses to weather the Biden-Harris storm. The tax hike that would accompany its elimination would be the final straw for many small businesses.
These are just some of the tax hikes a Harris administration would seek. Harris also wants to increase the top marginal personal rate to 44.6% and quintuple the stock buyback tax.
CLICK HERE TO GET THE FOX NEWS APP
Harris' tax plans are a giant leap toward socialism, especially when you consider how they'd be expanded to more and more taxpayers once implemented.
It's up to political independents, who may disagree with Republicans on some issues, to vote conservative this election to prevent this tax Armageddon from occurring.
Relax. Even the National popular vote averages are tightening back up, from Harris +4 after the convention, and it's back down to about + 1.5 now. And Trump leads in PA, GA, and NC
I'm an agnostic who was raised by good and decent Christian family. That God is in charge of life and death ( kind of the home point of the Bible) is hardly presuming the thoughts of God. Good grief. You seem well read, but your ability reason is specious at best, to put it mildly.
No one is trying to read the mind of God, but if someone believes God intervened, then that is their right and can be a part of their faith.
What I was referencing was the idea that because Trump was spared assassination that was somehow the chosen one. I mentioned that Hitler also had survived an assassination attempt. There's a segment of the population who claim to see God smiting their enemies and rewarding their friends in notorious public events. Like hurricanes or tornados.
Jews will just vote Blue no matter who. Stiller even goes the extra mile of stupid claiming its because its time for a change.
Some voting blocs are just beyond reach and should be abandoned.
Sorry you can’t keep up
they believe Trump is Gods chosen one. Thats why they’re cool with him degrading the Bible and editing Gods word so he can make more money by slapping his name on it. Every Sunday preachers talk about Trump and how we should vote for him. Its crazy.
It's time for a change.....your car, the pictures on the wall, a job, hair style, fitness, wardrobe, home location....just to name a few.
When you apply that line of thinking to the POTUS, you're a complete buffoon.
That’s an interesting way of putting it. One also might more accurately say that they had the camera there on purpose and then illegally used the footage in a campaign ad. But yeah I’m sure Trump was there on his own goodwill (as if he’s ever done anything that didn’t benefit him). So a camera just happened to be there and he just happened to use that footage in a political ad?
Don’t forget the gross pictures he took standing on their graves smiling with the thumbs up pose. Perfect for the moment.
If it was a group of white males, their faces would be plastered all over the interweb and news outlets.
Not too bright. We already knew that…but I cannot believe someone wouldn’t try to hide it a little more.
The families invited Trump and wanted professional photography. It wasn’t random chance. It wasn’t a surprise. And it’s really not out of Trumps character to honor veterans.
Video shows armed gang at troubled Colorado apartment building believed to have been taken over by migrants
Possible gang members with the illustrious Tren de Aragua group based in Venezuela have overtaken an apartment building in Colorado with police nowhere to be seen.
dims campaign on raising taxes and the sheep still vote for them. i watched biden on tv tell a group of trade union workers during his campaign “your taxes will go up,” and i remember thinking “you dumb sob nobody’s going to vote for more taxes.” stupid me. i guess that was the clincher for his 81 million votes.
It's time for a change? It was biDIM/Harris you buffoon. Where is the change?
Especially when the "change" was in office the last four years.
She's the phuching VP. A change of what?
The npcs will just vote for blue no matter what or who. Then throw in the cheat and its tough to beat. (Excuse the rhyme)
If pubs ever win again, there needs to be s comprehensive plan state by state to stop the cheat. While pubs were sleeping dems cleverly figured out if they started cheating in battleground states they could literally do whatever they want. So pubs need to win the governor or Secretary of state office in those states and undo it so there will be fair elections.
The insane thing is this is what shes saying out loud. God knows this insanity is just the tip (iceberg or d**k, you choose). If she wins it will be full blown open borders and communism.
And you just hit the nail on the head with what the Globalists WANT to happen. Break everyone except the ruling class elite. destroy the middle class and make everyone dependent on the government. Then usher in their Globalist tyrannical agenda.
Cool that the families were good with him there. Take pictures in the parking lot and do your stupid smile there with the thumbs up. Don’t do it on their graves and more specifically around the other graves with families there grieving that didn’t want him there. Also the law doesn’t say “you can’t post pictures from the gravesite into a police hit job UNLESS a MAGA fan and family approves it”. You can’t do what he did period. End of sentence. Also of all things to film and put into an ad, why the hell would he do this? I mean the answer is that it’s always about him but still.,
I hope I live long enough to see the FBi purged from the world. Evil liars and killers.
1 million names removed.
A critical thinker would know this but like the useful idiots of the Soviet Union found out, you will be disposed of when you no longer serve a purpose. The worst atrocities on the planet have come at the hands of governments. Thinking these soulless creatures are some great humanitarians is insane! Insane!
They want power. They want wealth. They want control and death!
'This Is Fraud': Ohio Investigators Eye Suspect Voter Registrations
Allegations of fraud tied to Black Fork Strategies, a left-wing Ohio firm committed to 'building long-term progressive power.'
thefederalist.com
Kroger executive admitted in court yesterday that they jacked prices up way above inflation. You don’t say? Price gouging? No way! But Biden!
If she wins, you are most definitely looking at the unraveling of this great experiment in freedom and self-governance, an attack on our foundational values which will not be reversible.
It's not hyperbole. They of course see it the same, the opposite side of the coin... that if you win, it's descent into a fascistic theocratic autocracy. Both can't be true. Theirs is a paranoid, ignorant nonsense bred from the ease of our times - how easy it is to brainwash people into an irrational fear since life no longer presents the various daily and ever-present hardships it once did.
Both can't be true. Hopefully it's neither, but both can't be true. We're about to find out.
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A recent poll in Michigan by Activote was weighted 25 points for D. It showed KH .2 ahead and 21 per cent of D support Trump. Trump leads by 56% with Independents.
Did you just fall out of a coconut tree?
They already have so many nuts in their voting bloc but to see people cheering on the party of censorship, raising taxes, pro war, pro invasion, pro illegals ove citizens is utter madness. How is someone this stupid? This is rhetorical but how is someone so clueless to vote for this? This should be a massive blowout if common sense and truth were a thing anymore.
It's a zoolander level quote.
The change has also held power 12 of the last 16 years.
I often think of the quote from Jurrasic Park where Jeff Goldblum's character says "Yeah, yeah, but your scientists were so preoccupied with whether or not they could that they didn't stop to think if they should."
This quote always comes to mind when I think of AI. The misuse of such a thing definitely outweighs the pros. Just like how scientists always try to come up with viruses (incredibly unethical), how is it not considered unethical and dangerous to create AI? Selling this to the public? How does this benefit the public? Just like how did outsourcing manufacturing jobs benefit the public? It didn't.
Why can't more people see this? Are we just that distracted, lazy, and stupid?
This quote always comes to mind when I think of AI. The misuse of such a thing definitely outweighs the pros. Just like how scientists always try to come up with viruses (incredibly unethical), how is it not considered unethical and dangerous to create AI? Selling this to the public? How does this benefit the public? Just like how did outsourcing manufacturing jobs benefit the public? It didn't.
Why can't more people see this? Are we just that distracted, lazy, and stupid?
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Why can't we split? New England. The Pacific States. The United States (everything that's left). Nobody in the South or Midwest wants any part of the progressive crap peddled by NY and Cali. And they think we live like cavemen. Split amicably while we still can. This country has gotten too big.
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