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Donald Trump Joe Biden Taxation

White House Throws Major Shade At Trump With Statement On Release Of Joe Biden’s 2020 Tax Return

Monday was officially Tax Day for American taxpayers. Millions of us had to make sure we got our returns into the IRS before the midnight deadline.

As you might expect, the tax deadline also applies to the president of the United States, but during the Trump administration there was a running joke that even if the Donald did actually file a return, he probably did so under protest and may have even taken Internal Revenue to court in order to avoid having to fork over the money.

That’s what makes the statement from the Biden administration regarding the current president’s tax returns even more brilliant in the way it’s clearly meant to throw some epic shade at the previous head of state. Just take a look at this:

Now THAT’S what you call professional trolling, and it was an enormous hit on social media, where you could almost hear people standing and applauding:

Kudos to the White House. Well done.

 

Categories
GOP GOP Whining Joe Biden Taxation The Biden Administration

GOP’s Pathetic Attempt To Troll Biden With ‘E.T.’ Meme Winds Up Biting Them Right On The A*s

Republicans are not good at humor. They never have been and they never will be. When was the last time you heard a really good joke or barb come from a member of the GOP? You haven’t.

So it probably shouldn’t come as a surprise that a Republican attack meme aimed at the Biden administration’s proposal to raise taxes on the big corporations and the richest 1% of Americans fell flat on its face, partially because the meme’s creator didn’t even understand the movie he or she built the meme around.

Here’s the meme sent out by RNC Research:

Maybe it’s been awhile since you last viewed the movie “E.T.,” but Elliott and the extraterrestrial shown in the iconic bike scene (which now features President Joe Biden and Vice President Kamala Harris in the lead roles) were the heroes of the movie. So apparently raising taxes on the rich is a heroic thing to do. How backasswards is that?

The mockery began almost immediately:

The GOP meme makers must have graduated from Trump University.

 

Categories
Greed Taxation WTF?!

Right-Wing Host: Raise Taxes On The Poor – The Rich Pay All The Taxes!

If you’ve ever been brave enough to watch a few minutes of Fox News, Newsmax, or other right-wing networks, then there’s an good chance you’ve seen Ben Shapiro, who is listed as the “editor emeritus” of the extremely conservative website The Daily Wire, which pumps out all sorts of lies, disinformation, and conspiracy theories that the tinfoil hat wearing crowd laps up like honey.

Shapiro (along with some other deplorable right-wing asshats) watched President Joe Biden’s speech to a join session of Congress on Wednesday evening and was outraged by the fact that the president has plans to fund some of his programs for infrastructure and education by raising taxes on large corporation and the richest Americans.

According to Shapiro, the rich already pay too many taxes:

 “I was screaming at the television when he’s talking about taxes. Because what he is saying is so obviously asinine. When he says that rich people don’t pay their fair share in this country, that is just an abject disgusting lie. It is a lie. The top ten percent of income earners in this country pay all net taxes. Not some of the taxes, all of the net taxes – because net taxes are defined as what you pay into the government, minus what you get back from the government.”

Shapiro’s co-host, Jeremy Boering (never has a person had a more appropriate last name), then joined the conversation, gladly seconding what Shapiro had said and then going further:

“The people who don’t pay their fair share in this country are the poor. We need to raise taxes on the poor. I’m not joking. I’m not joking. The poor in this country pay zero. The lower middle class in this country pay net zero. So we have a group of people who pay no taxes, a group of people who pay no net taxes, a group of people who pay all the net taxes, and his argument is that it’s category three who don’t pay their fair share. Fair share means your percentage of taxes. We’ve determined that there are some people who shouldn’t pay any percent of taxes. The only fair taxing system is one in which everyone pays.”

As you’d expect, what Shapiro and Boering said is complete bullshit.

The poor are taxed very heavily. It’s just that their tax burden is on items they buy to survive: Food, housing, medicine. Oh, and there’s also the payroll tax that comes out of paychecks. And to top it all off, many lower income Americans also wind up paying income taxes too, usually at the federal and state level.

It’s no surprise that right-wing douchebags want to make sure the rich get richer. They’ve been playing that same tune for decades, but their dreams of a trickle-down economic miracle never pan out. Why? Because supply side economic policy doesn’t work and never will.

The real reason people like Ben Shapiro and Jeremy Boering don’t want to raise taxes on the well-to-do is simple: They’re greedy assholes with a massive sense of entitlement.

Want to see the vast majority of Americans stand up and cheer? Raise the top tax rate on the richest to 75% and tell the millionaires and billionaires that if they don’t like it, intercontinental flights are leaving every hour from the nearest airport.

 

Categories
GOP GOP Whining Joe Biden Taxation The Biden Administration

Chris Christie Claims Biden’s Tax Increases Are ‘Socialism’ And Gets Slapped Down By Angela Rye

You can tell that former New Jersey GOP Gov. Chris Christie is planning to run for president in 2020 because he’s already using the “socialism” scare word when discussing President Joe Biden’s planned capital gains tax cut to fund infrastructure programs.

But while Christie was spouting talking points, he quickly got his head handed to him by Democratic strategist Angela Rye, who told him and Republican operative Sarah Fagan:

“I think it’s so rich to hear folks talking about Joe Biden’s far-left agenda. If it is too far left to sign 60 executive orders overturning the hatred that was in Donald Trump’s executive orders — at least 23 of them — if it is far left to rejoin the Paris Climate Accord, if it’s far left to end the Muslim travel ban, if it is far left to restore the partnership with the World Health Organization then I think most of the country is far left.”

That led Christie to claim that Biden’s proposals aren’t popular with the American people. What he neglected to mention is that a recent poll showed 59% of those surveyed said they support the Biden infrastructure program:

“Look, we can set up strawmen and say he overturned this executive order but that’s not what we’re talking about. The capital gains issue is nothing more than income redistribution. It’s socialism.”

Rye could be heard laughing as Christie spoke, and she was more than ready for him, slapping him down with this retort:

“It’s so interesting to hear this allegation of socialism,” she said. “I know these are buzzwords that work very well with the Republican Party so congratulations for using them this morning.

“But we have people in a pandemic that you said wouldn’t matter by the time you get to the fall, and on the left there’s a conversation happening about student loan debt. How much should be forgiven? $50,000 vs. $10,000. And we’re talking about a capital gains increase when you all just had basically the reparations we’ve been asking for [in] your last tax proposal. So I don’t even understand what we’re talking about here.”

One other thing on capital gains taxes: The vast majority of Americans never have to pay them. The wealthiest taxpayers do. And taxing them won’t do any long-term damage to the economy, despite what conservatives try to claim.

Nice try, Chris, but Angela Rye made sure your lie was exposed and countered with facts.

Here’s the video from ABC News:

Categories
Crime Donald Trump Taxation

Justice Department Demanding Trump BFF Roger Stone Fork Over $2 Million In Unpaid Taxes

Right before Christmas last year, Donald Trump was handing out pardons left and right. And one of them went to his longtime friend and confidant, Roger Stone, who had been convicted for lying to Congress, witness tampering, and obstruction. Stone had been facing 40 months in federal prison for his crimes.

But while Stone may have dodged incarceration, he’s now facing financial ruin.

On Friday, the Department of Justice sued Stone, accusing him and his wife, Nydia, of failing to pay almost $2 million in unpaid federal taxes and fees, according to NBC News:

“The lawsuit, filed in federal court in Fort Lauderdale, Florida, says the couple underpaid their income taxes by $1,590,361 from 2007 to 2011. It further says Stone, 68, did not pay his full tax bill in 2018, coming up $407,036 short. The couple, the suit alleges, used a commercial entity to ‘shield their personal income from enforced collection and fund a lavish lifestyle despite owing nearly $2 million in unpaid taxes, interest and penalties.'”

A lien is also being sought against a property owned by Stone and his wife:

“The filing wants to thwart the Stones’ transfer of their $525,000 Florida condominium to an entity known as the Bertran Family Revocable Trust, which the government says is controlled by Nydia Stone and has as beneficiaries their children, Adria Stone and Scott Stone.

“A tax lien was being sought against the property, it said. The suit also seeks a judgment for $1,590,361.89.”

The Stones had agreed to a payment plan for their overdue taxes, but stopped making the monthly installments of $20,000. It remains unclear why the couple ceased their payments, unless they’re both financially tapped out, which has been rumored in recent months.

If the Stones lose the federal suit filed against them by the DOJ, they will be facing a massive tax liability that they cannot merely ignore. A continued failure to pay the taxes could also send them both to prison.

Isn’t it interesting how karma manages to catch up with even the biggest douchebags? A little patience is required, but the karmic wheel always spins in the direction of those most deserving of a giant bite on the ass.