In all, the American Families Plan includes $1.8 trillion in investments and tax credits for American families and children over ten years. It consists of about $1 trillion in investments and $800 billion in tax cuts for American families and workers. Alongside the American Families Plan, the President will be proposing a set of measures to make sure that the wealthiest Americans pay their share in taxes, while ensuring that no one making $400,000 per year or less will see their taxes go up. When combined with President Biden’s American Jobs Plan, this legislation will be fully paid for over 15 years, and will reduce deficits over the long term.
> In all, the American Families Plan includes $1.8 trillion in investments and tax credits for American families and children over ten years. It consists of about $1 trillion in investments and $800 billion in tax cuts for American families and workers. Alongside the American Families Plan, the President will be proposing a set of measures to make sure that the wealthiest Americans pay their share in taxes, while ensuring that no one making $400,000 per year or less will see their taxes go up. When combined with President Biden’s American Jobs Plan, this legislation will be fully paid for over 15 years, and will reduce deficits over the long term.
idk, I was thinking about it, most of them have legal avoidance down pat so maybe they will adjust to the new normal, stay put and continue with the legal avoidances possible. Are they talking about the people who straight up don't pay their taxes here? I'm not sure what exactly they are planning to enact, a blanket XX% of income, how are they planning to enforce payment.
idk, I was thinking about it, most of them have legal avoidance down pat so maybe they will adjust to the new normal, stay put and continue with the legal avoidances possible. Are they talking about the people who straight up don't pay their taxes here? I'm not sure what exactly they are planning to enact, a blanket XX% of income, how are they planning to enforce payment.
I think it's the federal government attempting to gain more power to control the economy and remove power from the private sector. They want to create and manage all of these new "high paying jobs", which they can pay people whatever they want because they will just print more money or create more debt to pay those wages. Government projects are almost never, ever efficiently run, so giving the government more "money" and power over the economy from the private sector will create a lot more stress on the private sector. They won't be able to complete with the inflated printed money the government is handing out to their new jobs, so on top of the corporate tax increase in the infrastructure and whatever tax increases in this new plan, it will end up hurting a lot of business owners and workers.
Allocating funds to hire private sector for a lot of these jobs would be better, but they keep saying "create high paying jobs" which seems to mean they are just trying to make a large power grab.
I think it's the federal government attempting to gain more power to control the economy and remove power from the private sector. They want to create and manage all of these new "high paying jobs", which they can pay people whatever they want because they will just print more money or create more debt to pay those wages. Government projects are almost never, ever efficiently run, so giving the government more "money" and power over the economy from the private sector will create a lot more stress on the private sector. They won't be able to complete with the inflated printed money the government is handing out to their new jobs, so on top of the corporate tax increase in the infrastructure and whatever tax increases in this new plan, it will end up hurting a lot of business owners and workers.
Allocating funds to hire private sector for a lot of these jobs would be better, but they keep saying "create high paying jobs" which seems to mean they are just trying to make a large power grab.
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Will all this taxing of the wealthiest Americans provide them with the impetus to leave the country, I wonder.
I don't know. What do you think?
idk, I was thinking about it, most of them have legal avoidance down pat so maybe they will adjust to the new normal, stay put and continue with the legal avoidances possible. Are they talking about the people who straight up don't pay their taxes here? I'm not sure what exactly they are planning to enact, a blanket XX% of income, how are they planning to enforce payment.
I think it's the federal government attempting to gain more power to control the economy and remove power from the private sector. They want to create and manage all of these new "high paying jobs", which they can pay people whatever they want because they will just print more money or create more debt to pay those wages. Government projects are almost never, ever efficiently run, so giving the government more "money" and power over the economy from the private sector will create a lot more stress on the private sector. They won't be able to complete with the inflated printed money the government is handing out to their new jobs, so on top of the corporate tax increase in the infrastructure and whatever tax increases in this new plan, it will end up hurting a lot of business owners and workers.
Allocating funds to hire private sector for a lot of these jobs would be better, but they keep saying "create high paying jobs" which seems to mean they are just trying to make a large power grab.