FTT: the BIG Problem with Biden/Democrats for Active Traders

KCalhoun

KCalhoun

You know your income tax bill will go up under democrats and Pelosi/Biden, right? And they want ftt which will kill active trading...

https://www.cnbc.com/video/2019/12/06/biden-we-should-have-a-financial-transaction-tax.html

The financial transaction tax could wipe out our entire livelihood. You know Democrats want to raise taxes on us, right?

https://finance.yahoo.com/news/why-financial-transaction-tax-destroy-134024027.html

https://www.cnbc.com/2019/12/05/biden-says-to-right-the-market-us-has-to-address-tax-inequality.html

https://taxfoundation.org/financial-transaction-tax/
 
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KCalhoun said:
You know your income tax bill will go up under democrats and Pelosi/Biden, right? And they want ftt which will kill active trading...

https://www.cnbc.com/video/2019/12/06/biden-we-should-have-a-financial-transaction-tax.html

The financial transaction tax could wipe out our entire livelihood. You know Democrats want to raise taxes on us, right?

https://finance.yahoo.com/news/why-financial-transaction-tax-destroy-134024027.html

https://www.cnbc.com/2019/12/05/biden-says-to-right-the-market-us-has-to-address-tax-inequality.html

https://taxfoundation.org/financial-transaction-tax/
More...

Can you show me where Pelosi or Biden have proposed FTT? Is there any bill or campaign promise you can point to? I know you got to do the 'both sides bad' to keep your dumb right wing friends, but try to deal with facts for once. Other than one Bernie supporting socialist who hates Obama and Biden, there are hardly people pushing for such BS. The stuff you linked about Biden is not about FTT, nice try.
 
exGOPer said:
Can you show me where Pelosi or Biden have proposed FTT? Is there any bill or campaign promise you can point to? I know you got to do the 'both sides bad' to keep your dumb right wing friends, but try to deal with facts for once. Other than one Bernie supporting socialist who hates Obama and Biden, there are hardly people pushing for such BS. The stuff you linked about Biden is not about FTT, nice try.
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Headline
Biden: We should have a financial transaction tax
https://www.cnbc.com/video/2019/12/06/biden-we-should-have-a-financial-transaction-tax.html
 
KCalhoun said:
Headline
Biden: We should have a financial transaction tax
https://www.cnbc.com/video/2019/12/06/biden-we-should-have-a-financial-transaction-tax.html
More...

You do know that comment is from last year when he was running in the primary against Sanders and Warren who did have a FTT - and if you notice in the video, the interviewer says 'you rejected that'. You can't seriously be fretting about a comment he made last year when there is nothing about FTT in his current proposals or anything he or Obama did in the eight years when they were in charge. FTT is not happening no matter who is in charge, Democrats are half owned by Wall Street unlike Republicans who are completely owned.
 
exGOPer said:
You do know that comment is from last year when he was running in the primary against Sanders and Warren who did have a FTT - and if you notice in the video, the interviewer says 'you rejected that'. You can't seriously be fretting about a comment he made last year when there is nothing about FTT in his current proposals or anything he or Obama did in the eight years when they were in charge. FTT is not happening no matter who is in charge, Democrats are half owned by Wall Street unlike Republicans who are completely owned.
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I would urge you to go read the 2020 Democratic platform it includes a FTT.
 
Wallet said:
Lol, FTT is the last thing we need to be worried about under a Biden administration.

News Flash, everyone’s taxes will go up.
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Conveniently main street tax cuts expire when Biden term comes up. And how else are you going to fix the fiduciary disaster from this admin except clawing back corporate tax cuts?

Par for the course. GOP wrecks the economy by looting the treasury surpluses left by the outgoing dems., then cry foul on the campaign trail when the dems replenish the coffers.
 
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Here4money said:
Conveniently main street tax cuts expire when Biden terms comes up. And how else are you going to fix the fiduciary disaster from this admin except clawing back corporate tax cuts?

Par for the course. GOP wrecks the economy by looting the treasury surpluses left by the outgoing dems., then cry foul on the campaign trail when the dems replenish the coffers.
More...

There’s plenty of area to reform Corporate tax. Problem is they spill over into small businesses. Big Business just shifts back overseas, while mom&pop are left holding the bag.

Might as well go ahead and let the cat out of the bag and start hiking capital gains, it’s also in the cards. But we don’t want to talk about that one til’ after the election.
 
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