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Billy Bob
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Comments by "Billy Bob" (@davidrobertsemail) on "Will Joe Biden's or President Donald Trump's tax plans help the economy recovery from the pandemic?" video.
Biden has said he’ll reverse Trumps tax cuts. So expect higher taxes and an avalanche of regulations. The economy has taken a huge hit. It doesn’t need a kick when it’s down.
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@NoOne-ii1th a politician said something ;-) He has stated he will undo Trumps tax cuts. That raises all of our taxes. If you taxed everyone over $400,000 at 100% you can’t pay for half of his plans.
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@Underratedmen you think you get more growth from higher taxes and more regulations?
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@Underratedmen laffer curve.
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@Underratedmen higher taxes and more regulations means lower growth. You disagree. I’m fine with that.
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@Underratedmen no it doesn’t. But again you believe what you want.
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@Underratedmen I’m not going to argue with you about history. You don’t accept it. If higher taxes and regulations mean more growth then what is the best amount to tax at? 100% 90%? Answer that.
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@Underratedmen answer my question. 50? 87.6%?
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@Underratedmen best growth I’d say zero tax. But let’s say 10%
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@Underratedmen ha ha. You can’t answer!
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@Underratedmen you don’t understand tax. Top rate of tax is not all aggregate tax collected. You avoided my question. If you think 91% would generate more tax and more wealth then is that my answer? All those wealth creators would find ways to avoid paying it. 91% of nothing is nothing.
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