Comments by "Zach B" (@zachb1706) on "Biden tax plan could raise middle class taxes slightly" video.

  1. The us has many reasons why it’s average wage has been stagnant. Competition, cheaper labour (through low skilled workers and low skilled illegal immigration). I think the main misconception is that dropping taxes is instantly going to raise your earnings. What it does do though is reduce unemployment, which I think is just as important.
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  2. Ken Smith very unlikely, with the Medicare for all plan, the student loan bailout and the green new plan. It’s going to cost trillions
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  3. Lower taxes has lead to unemployment? What stupidity is that, under trump he cut taxes, cut regulations, which lead to millions of jobs being created. On top of that we have seen large increases in workforce participation and in wages.
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  4. By cutting taxes now, trumps getting investors to come abs stay in America rather than going overseas. This will mean more tax revenue in the future. What trump should do nuke is cut spending, cut off welfare benefits for those not working (of course once jobs return), or hand these programs like Medicare over to the states.
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  5. Edward Dodson the problem with taxes on rent or profits from assets is that when you raise them no one invests or reinvests into your economy. They take their money overseas to places like China where they can almost guarantee a profit due to the double digit growth China’s held for years.
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  6. Edward Dodson I know that people who aren’t looking for work aren’t counted, that’s why I also said participation rates have grown. Under Obama, participation in the workforce dropped, under trump it rose. It’s pretty obvious to see that trumps tax plan and deregulation of the economy has opened businesses up, creating more jobs, and increasing wages.
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  7. my name jeff a trump supporter? No, we’re called sage people. We understand that when you raise taxes, people won’t invest.
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