Anonymous
Anonymous asked in Politics & GovernmentPolitics · 6 days ago

Hi high will Biden raise taxes if he gets elected?

9 Answers

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  • 6 days ago

    Not high enough to mAke up for the lost revenue Trump caused by slashing taxes for his rich cronies.

  • 6 days ago

    Biden has stated that one of the first things he will do as President is to repeal Trump's income tax cuts.

  • Not high enought

  • Anonymous
    6 days ago

    @Me--Source for your wildly-inflated numbers, please?  And how much will single payer cost, by comparison?  Far less than your fake numbers.

    Better question:  How high will Republicans run up the debt if we're foolish enough to give them control of Congress again?  Debt UP $10 trillion in 3.5 years thanks to Trump and his sycophants in Congress.

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  • Anonymous
    6 days ago

    As high as billary when she thought she'd win the election.

  • 6 days ago

    Medicare for all = at least 30 trillion over the next 10 years = 3 trillion per year = 85.7% of tax revenue (which is 3.5 trillion).

    Subtract the current healthcare spending that is about 18% (that will be replaced by medicare for all) and you get 67.7% percent of our current 3.5 trillion tax revenue.

    So, 67.7% raise just from MEDICARE FOR ALL, ALONE

    Other policies which will import millions of illegal aliens more, and paying for lawyers to every illegal alien, increase in welfare, etc....

    Expect your taxes to (roughly) DOUBLE from all of democrap policies.

  • Anonymous
    6 days ago

    Biden said he would raise taxes.

  • A.J.
    Lv 7
    6 days ago

    Nothing. House of Representatives initiates all taxation bills, US Senate would then have to approve it, and if elected, Joe Biden can sign or veto. 

    That's how it works.

  • 6 days ago

    He can't go any higher than 100%

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