Today In Biden Land

[TitoFan]

Hell... I still don't believe in that wall. Billions upon billions for something that is easily scaled, tunneled under, etc.

Bad on Joe for not coming up with a feasible alternative that works. These are not the Middle Ages... and we've got the technology to secure the border.

Then again... maybe they might want to add an alligator-filled moat for good measure.

I like that you stuck to your principle there. Atleast youre not doing what alot of Dems/Biden supporters are doing by NOT calling him out on his hypocrisy on this issue. Fair play.

i've NEVER believed in the Wall. Not when Donald was Trumpeting it (pun intended)... not now that Joe is quietly hurrying to build some sections.

I just can't believe that here we are in the 21st century, and we have to resort to medieval methods to secure a border.

[palmerq]

Sinema Agrees to Climate and Tax Deal, Clearing the Way for Votes https://www.nytimes.com/2022/08/04/u...XL9S2mjCBbcEnW

So the other Democrat rebel now says they'll support this bill, removing some tax increases of course, can't have the the rich paying too much tax...

So has Joe done a good job, looks like he's managed to get a fair few things through in less than two years.

[NoSavingByTheBell]

[NoSavingByTheBell]

[Kirkland Laing]

Sinema Agrees to Climate and Tax Deal, Clearing the Way for Votes https://www.nytimes.com/2022/08/04/u...XL9S2mjCBbcEnW

So the other Democrat rebel now says they'll support this bill, removing some tax increases of course, can't have the the rich paying too much tax...

So has Joe done a good job, looks like he's managed to get a fair few things through in less than two years.

Look at Brandon go!



Sinema has gone from Code Pink activist twenty years ago to defending private equity guys paying low single digit tax rates. I wonder how they're going to compensate her for this. She if I remember correctly had a net worth of about eighty thousand dollars when she entered the Senate. They can't give her something to invest in and she makes millions with no fingerprints. Difficult to give her a lobbying job when she's only been in the Senate five minutes. Can't be head of a nonprofit because incomes have to be disclosed. In charge of some private company? Doing what? Lobbyist would be the least worst option but there'll be tells they can't hide. They'll be desperate to pay her because that's how future Sinemas do what they're told, they know they're going to get paid in the future because the previous Sinemas all did. Tricky situation for them.

[TIC]

how much are they giving to the irs? could that money not have been better used to help those in need?

[palmerq]

House Passes Climate, Tax and Health Package https://www.nytimes.com/2022/08/12/u...dU8dwJUQp-HvRA

Good work Americans.

Inflation also eased off a bit this month and the jobs report was a quite large gain,which might not be a good thing.

Maybe the worst of things is over for now... untill china invades Taiwan :S

[NoSavingByTheBell]

[Kirkland Laing]

House Passes Climate, Tax and Health Package https://www.nytimes.com/2022/08/12/u...dU8dwJUQp-HvRA

Good work Americans.

Inflation also eased off a bit this month and the jobs report was a quite large gain,which might not be a good thing.

Maybe the worst of things is over for now... untill china invades Taiwan :S

The climate stuff is excellent. It'll give a huge return on investment, potentially trillions of dollars. And an all of the above policy on energy sources until they can transition to clean stuff. Perfect.

It'll take a few years before Medicare can really negotiate down drug prices but it's finally been done. The GOP blocked $35 a month insulin but Schumer might be able to bring it back as a standalone bill. All good healthcare bits and pieces in it though.

And the IRS get eight billion a year for the next ten years. They're losing 40 000 employees over the next couple of years. They'll be able to hire about 70 000 with the new money which gives them a net gain of thirty thousand which was where staffing levels were ten years ago before the GOP took an axe to the agency. Now they're going to focus on rich tax cheats who steal a trillion dollars a year from their fellow Americans instead of focusing on people fiddling a few EITC dollars like the GOP have had them doing. Problem is the GOP will just reverse all this the next time they can.


WASHINGTON (Reuters) -The U.S. government is losing some $1 trillion in unpaid taxes every year and needs more and consistent Internal Revenue Service funding to go after tax cheats, IRS Commissioner Charles Rettig said on Tuesday.


https://www.reuters.com/article/us-u...-idUSKBN2C0255



Current Revenue

The U.S. government's total revenue is estimated to be $3.863 trillion for FY 2021.

https://www.thebalance.com/current-u...evenue-3305762




About 0.3% of corporate tax returns filed in 2018 were audited, according to the IRS’s most recent annual data book. That’s compared with a 1.4% audit rate in 2010, according to IRS data.

IRS Is ‘Outgunned’ in Audits of Major Companies, Agency Chief Chuck Rettig Says - Bloomberg



Biden versus Trump:

https://twitter.com/JesseLee46/statu...60137944240129

Worth mentioning that none of the bills Biden has got through would have been possible without Trump telling Georgia voters to stay home because he was upset that Georgia GOP officials hadn't reversed the Georgia election result for him. Without those two Senate seats Biden would have done exactly nothing in office. Nice one Donald.

[NoSavingByTheBell]