Today In Biden Land

[Kirkland Laing]

Some bits and pieces:

https://www.bloomberg.com/news/artic...der-trade-deal


and

https://twitter.com/davidfrum/status...06773626699776


keep scrolling with that one.



https://twitter.com/marceelias/statu...67512886751232


This is going on in states all over the country. Could easily be the beginning of the end of democracy in America. Note the bloke in Georgia who defied Trump is going to be primaried and replaced with some fucker who will campaign on guaranteeing to overturn an election if the Democrats win.


https://twitter.com/paulkrugman/stat...36116904632323

Keep scrolling with that one too. Very informative.

[SlimTrae]

Some bits and pieces:

https://www.bloomberg.com/news/artic...der-trade-deal


and

https://twitter.com/davidfrum/status...06773626699776


keep scrolling with that one.



https://twitter.com/marceelias/statu...67512886751232


This is going on in states all over the country. Could easily be the beginning of the end of democracy in America. Note the bloke in Georgia who defied Trump is going to be primaried and replaced with some fucker who will campaign on guaranteeing to overturn an election if the Democrats win.


https://twitter.com/paulkrugman/stat...36116904632323

Keep scrolling with that one too. Very informative.

China is well behind on the two-year targets set in its trade deal with the U.S., having purchased only about a third of the goods it said it would buy so far.
Total purchases of U.S. agricultural, manufactured, and energy goods were $123 billion in the 14 months since the trade deal was signed in January 2020, according to Bloomberg analysis of official Chinese data. That was 32.6% of the target of $378 billion for 2020-21.




Is that the USCMA Act they're talking about?

[SlimTrae]

Major Biden tax hikes eyed for next bill (not final) include:

- Corporate rate 21->28%
- Global min tax to 21%
- Top income rate to 39.6%
- End fossil fuel subsidies
- Tax investment gains > $1M as wage income
- Tax assets passed on at death

Me no speaka taxes



NO to SALT ?

[zoley]

Imma keep goin until yall say uncle

[Kirkland Laing]

Imma keep goin until yall say uncle

Biden has been making gaffes since the 1970s. He held a press conference today and was in command of the issues. The previous guy was so ignorant of every single issue that he had his signature policy explained to him on live TV by his own people when he made a gigantic concession to the Democrats. After that he stayed well away from anything regarding policy and just came out with the same soundbites so matter what the question.

https://nymag.com/intelligencer/2018...-opposite.html

[TitoFan]

Imma keep goin until yall say uncle

Biden has been making gaffes since the 1970s. He held a press conference today and was in command of the issues. The previous guy was so ignorant of every single issue that he had his signature policy explained to him on live TV by his own people when he made a gigantic concession to the Democrats. After that he stayed well away from anything regarding policy and just came out with the same soundbites so matter what the question.

https://nymag.com/intelligencer/2018...-opposite.html

Maybe it's just me. But I'd rather have a President who stumbles occasionally going up the Air Force One steps, or calls VP Harris President once in a while..... than a President who sets Americans against one another while eating popcorn on the sidelines with that idiotic, smug look on his face.... when he's not babbling incomprehensibly about windmills and all the toxic fumes they spew.

[zoley]

[SlimTrae]

Imma keep goin until yall say uncle

Most of us have already posted some of his many gaffes. Videos, montages, best of you name it its on this thread along with discussion of policies.

[NoSavingByTheBell]

what an absolute fucking jackass, and phony as fuck! What stupid body language and demeanor!

[NoSavingByTheBell]

what an absolute fucking jackass, and phony as fuck! What stupid body language and demeanor!

Jesus CHrist, seriously, I thought that was bad until I saw THIS shit:

[SlimTrae]

what an absolute fucking jackass, and phony as fuck! What stupid body language and demeanor!

Haha ok...I see your phony Kamala & her stupid body language----and raise you a phony-wanna-be macho handshake that was used for years....




until a itty-bitty-teeny-weeny la petite frenchman punked him!! And since that day...that 6 foot 3 inch wuss never-ever- ever again used that yank & tug handshake proving he thought he could impersonate a macho man using a method that failed in front of the entire world...Marcon turned his hand from crusty orange to pasty white

Here he is punkin' him with a 25 second handshake Don cant shake loose! Marcon turns Don into Donna the mark, a buster. A Weak hand wuss.



And here is Don getting turned into Donna- The La Petite Fwenchy renchy- french guy forced a United States President IN FRONT of the WORLD- a 2nd time!! To try to pull his hand away- and couldn't even do that! This is my definition of fake, but a real demeanor afterward... looks like a man humiliated he couldnt escape the grasp of Marcon, wow dude!!





I like that 25 second mark...totally real demeanor, unlike Kamala's. I mean look at the grimace on his face!

I dunno bout you partner, but that looks like the demeanor of a man in pain and hollering a mea culpa!!

bwhaahaaahahaaaahahaa!!!:shock ing:

We can do videos all day if ya want!

The body language of a filthy hearted cruel-minded being.

[Kirkland Laing]

Major Biden tax hikes eyed for next bill (not final) include:

- Corporate rate 21->28%
- Global min tax to 21%
- Top income rate to 39.6%
- End fossil fuel subsidies
- Tax investment gains > $1M as wage income
- Tax assets passed on at death

Me no speaka taxes



NO to SALT ?

Corporate tax rate is going up. (All these things are Biden goals. Whether they happen is another thing.)

America is trying for a global minimum tax rate so American corporations don't just reincorporate in a foreign country with lower tax rates and fuck America off.

Income tax top rate going up a few points. Only applies to people earning over four hundred thousand a year.

No more fossil fuel subsidies. America subsidises oil and gas companies with about a hundred billion dollars of taxpayer money every year and has done for most of a century. Not a hundred billion a hundred years ago obviously but commensurate.

You can either earn income or make money from investments. Earned income has a top rate of about forty percent. Investmenr income can be as low as fifteen percent and that's before accountants and tax lawyers get to work and reduce it to low single digit percentages. A lot of people in the financial industry can loophole all their income as investment income and pay a low single digit income on hundreds of millions/billions of income every year. This would end the loophole and make them pay forty percentish.

You can avoid capital gains on your income at death with good tax planning. You may have made billions in gains on investments you made and your heirs currently avoid paying tax on that when you die. This would mean they would have to pay tax on it.

https://www.nerdwallet.com/article/t...ains-tax-rates

Should be forty really but the maximum is twenty. Any deal wouldn't get anywhere near twenty.

SALT is state and local taxes. Trump changed the law so local taxes can't be deducted from your federal tax bill. Biden won't change that. This mainly affects high earners in blue states --Democratic voters -- which is why Trump did it.

[Kirkland Laing]

Some bits and pieces:

https://www.bloomberg.com/news/artic...der-trade-deal


and

https://twitter.com/davidfrum/status...06773626699776


keep scrolling with that one.



https://twitter.com/marceelias/statu...67512886751232


This is going on in states all over the country. Could easily be the beginning of the end of democracy in America. Note the bloke in Georgia who defied Trump is going to be primaried and replaced with some fucker who will campaign on guaranteeing to overturn an election if the Democrats win.


https://twitter.com/paulkrugman/stat...36116904632323

Keep scrolling with that one too. Very informative.

China is well behind on the two-year targets set in its trade deal with the U.S., having purchased only about a third of the goods it said it would buy so far.
Total purchases of U.S. agricultural, manufactured, and energy goods were $123 billion in the 14 months since the trade deal was signed in January 2020, according to Bloomberg analysis of official Chinese data. That was 32.6% of the target of $378 billion for 2020-21.




Is that the USCMA Act they're talking about?

USMCA is the new name for NAFTA. It's 96% the same as NAFTA. America won some concessions over car production which will now be slightly more in America but gave some concessions as well. There'll be no change in overall employment numbers and the only change Americans will find is that some new cars will be more expensive than under the previous agreement.

The China agreement isn't even an agreement. China made a promise to buy more American goods that of course they're not keeping and Trump sold it as a game changing trade deal that would bring jobs and business flooding back to America. The trade deficit with China has gone up since they made the promise they haven't kept.

[Kirkland Laing]

https://www.wsj.com/articles/men-loo...er-11616624482

[palmerq]

https://www.bbc.com/news/56531137


Was listening to this whilst at work I think Biden is not the best at press conferences he stumbles pretty bad at times, the 120 years ago thing was clearly a joke I thought but that's they way it is :S... the old git does seem to know what he's talking about though, he certainly went into great detail about things which is nice, I'm not an expert at all that stuff thiugh so I'd need to look into his claims. Looks like biden brain still works and he seems like an alright guy, good for him, it's a shame hiw some people react to him.