Americans Should Prepare to Pay More Taxes and Suffer High Unemployment

With Democrats securing their stranglehold over the U.S. House and Senate, President to be Joe Biden has every intention of raising your taxes and damaging the economy. His tax-and-spend ideology follows the same failed policies of the Obama years that were fraught with economic depression, high taxes and corporations leaving and heading overseas to more business-friendly nations.

“First thing I’d do is repeal those Trump tax cuts,” Biden promised voters on the campaign trail.

Perhaps the most damaging long-term tax will be his assault on the Tax Cuts & Jobs Act of 2017 that lowered corporate taxes to a competitive rate with other countries. Before the reduction, it ranked among the highest of developed nations at 35 percent. At Pres. Trump’s 21 percent, the U.S. still ranked far below China’s “preferred business” rate of 15 percent.

“The idea that we have a tax rate for corporate America at 21 percent is ridiculous. It should be 28 percent,” Biden reportedly said.

Biden’s tax plans would clearly benefit his influence-peddling son, Hunter. Hunter can ramp up the influence-peddling money train and sell the American people out to the highest bidder, most likely China. What working people need to prepare for is a depressed job market and excessive taxation.

“By the way, how many of you did really well with that $1.9 trillion tax cut,” Biden mocked an audience during a campaign stop. “Well, you did. Well, that’s good. I’m glad to see you’re doing well already. But guess what, if you elect me, you’re not going to have your — your taxes are going to be raised, not cut, if you benefited from that.”

Those words are a microcosm of what’s coming as Biden huddles with the likes of Speaker of the House Nancy Pelosi and Chuck Schumer, who is expected to become the new Senate Majority Leader.

Democrats have an unabated path to roll back the wide-sweeping gains working families enjoyed due to President Trump’s signature law. The Act brought hundreds of billions in offshore investment money back into the U.S., spurred business growth and job opportunities. Unemployment sunk to historic lows, and there were more job openings than people to fill positions, which consequently drove up wages.

Raising the corporate rate will put America at a strategic disadvantage. Expect global companies to flee to tax-friendly nations such as China (15 percent), Canada (26.8 percent), Qatar (10 percent), or simply offshore profits to places like Barbados (5.5 percent).

Even tax-heavy EU countries such as France are reducing tax liability to encourage relocation and global competitiveness. The Biden Administration is also talking about increasing the estate tax that Pres. Trump lowered to protect family farms, and Biden will target what liberals call “high earners.”

This failed policy will likely focus on raising rates on households earning $400,000. It may also roll back the increases in standard deductions that gave everyday people substantial tax relief. The current deductions stand at $12,400 for singles and married people filing separately. Married couples filing jointly deduct $24,800 or $18,650 for a head of household. Seniors can get a higher deduction. Those figures are set to increase for 2021 but are now in jeopardy for 2022 and beyond.

As Biden and the socialist-minded Democrats open the borders and increase foreign work visas, American citizens can expect a perfect storm of higher taxes, fewer jobs, and depressed wages.

71 thoughts on “Americans Should Prepare to Pay More Taxes and Suffer High Unemployment”

  1. How do you fix all the car and truck accidents where there are 100,000 of illegals living who DO NOT know how to drive? Send another 100,000 of illegals! Killing your family while they get off free.

    1. You are correct. They are very poor drivers and even in small towns they made the accidents go way up.

    2. Well, this idea of allowing new entries the open road hasn’t worked since Jimmy Carter allowed the influx of Haitians back in the late 70’s. They jot only don’t know how to drive, they don’t obtain insurance, obviously are not a deep pocket; but, they are prepared with interpreters when their accident changes the lives of innocent US Citizens. Here we go again. And yes, we introduced them to SSI 40 years ago as a reward.

      1. Unless you have taken the EU Drivers exam you should not drive in Europe or anywhere until you have a solid understanding of the laws, serious to infractions, because as I remember a Zebra crossing , pedestrians have the right away the very moment or instant movement towards the painted Zebra Stripe all traffic stops (they consider it extremely fowl manors and fine heavily by the centimeters

    3. This is why the left should never have elected the two socialists. They have already planned to bring America to its knees with a series of bombastic rules and regulations. Just remember, Kamala was voted the most liberal Senator on the hill. Hope all you people who voted for the dynamic duo do not live to further regret it. RVN 68-69

      1. We, the people who did our homework, did not vote for socialism/communism or progressives! We knew better.
        But the election was a fraud and we all know it. Now we have to find a way of getting these very sick people out of office and this will take time. Meanwhile they will ruin our country, so badly it may never be able to recuperate and communists will be with us for many years. China, Cuba, Venezuela, Russia has not been able to get rid of communism because they keep their citizens in the poor house all the time,. so they can never revolt.
        Yes I hope that every person who voted for Camel Toe Harris, regrets, and repents, but it m,ay be too late short of a Civil War. I do believe it is coming!

  2. Now you know this election was stolen who in their right mind would agree to this disaster, for those who voted for Beijing Biden I can only hope you suffer more than the rest of us….morons!

  3. Words to the Wise;
    Nothing is ever Free,
    Reap what you Sow,
    You get what you vote for,
    Be careful for what you wish for
    you might just get it.
    Now that you all have it tell in 6 month or a year how it is
    working out for ya!
    Yep, I will bet those school loans will go away and you will have a$100,000 dollar a year job with your Gender Studies Degree!!! Better be willing to claim you are a Dreamer if you want a job at all!

    1. That is so true! Everyone thinks ” the Government will pay for it ” but the government is all of you and me!

  4. Well let’s work on unifying the country first order of business let’s impeach Trump that will work. Lol I don’t think his 26 million supporters are going to take that and unify our country. As the United States of America we can do anything but the United Biden dictatorship we may go down like the titanic the great unsinkable ship. China owns us guaranteed by the Biden family. I urge everyone to email your representatives EVERY day until Hunter Biden is held accountable for his actions personally I don’t think it will take long the democrats want Joe gone anyhow he is no longer of use once he is sworn in.

      1. I think we should get I’d of Biden and all the hypocrites that had borne false witnesses against president Trump. I pray in Jesus name that they all be found out on the dirty dealings of Nancy Polisa.

  5. Twitter, Facebook and apple just took away everyone first amendment right starting with president Trump and no politician from either side said a word. We the people can shut down your Facebook and Twitter accounts Twitter stock already took. A hit due to it. If we don’t react swiftly they will take another right away from you the want you subjects not citizens the time is NOW before the entitled people completely control you which is their goal.

    1. Perhaps Twitter & Facebook….BUT HOW HAS APPLE DONE ANYTHING OTHER THAN CONTINUE TO BECOME A SERVICE ORIENTED RETAILER OF QUALITY PRODUCTS, and expansion into home entertainment? They DO NOT monitor (spy) on your products use! And the products HAVE BEEN AND CONTINUE TO BE AMONG THE BEST IN THE WORLD!

  6. We must stop the corruption of our country We want our constitutional rights intact Socialism is horrifying for all Americans apparently some are too ignorant to believe its here

    1. We are on the road to loseing our rights and social media has already taken the right of free speech from you just wait much more to follow oh news stations have bought in to the Biden and by only giving you good things about Biden but none for Trump when he did many good things for the American people and was never put out there for the American people sad day for all and they even realize it

      1. Considering the mess Pres. Trump inherited, we’ll regret even considering Slo Joe and his cronies as “leaders.” It took Pres. Trump 4 years to dig us out of that Democrat sewer economy; now we have to go thru the same #[email protected]&*#ing drill all over again. Will we ever learn??

    1. Jerry, you’re right on target! I’m sure many Americans have the same idea as yours. The sooner the better!!!

      The Trump family and Trump supporters have taken enough “guff” over the past four years; now it’s time to play ‘turn-about.” Let ’em have it!!!

    2. There is plenty of real reasons to impeach biden and harris unlike the non crimes of trump used to impeach him. But dream on…biden and harris impeachment will never happen nor will we ever hear the truth about either of them.m

    3. I agree that both of them should be Impeached after they are in office.
      Biden needs to tell us why he and his son are taken care of China and not the USA

      Time will tell,

      1. Biden and his son are pedaphiles! Picture of son with tiny little girl and him naked!! They and a lot of others are pedaphiles! Old Biden the sniffer! Sick, sick creep! Chinese soldiers are practicing in Michagan and Groups in the south west buying up ranches and farms. Buying beef! You can bet those prices will go up with the rest of the food!
        Good for China Joe!!!! He will get richer from all of this!!

    4. I’d think Nasty Pelousy and Chuck Stupor would have to be gone first for that to happen, or we’d get her as President….

  7. Communist Biden has stated “First thing I’d do is repeal those Trump tax cuts,” and raise taxes 85% on all the people. Biden’s tax plans would clearly benefit his influence-peddling son, Hunter (whom the Communist demo’s sets FREE). Hunter can ramp up the influence-peddling money train and sell the American people out to the highest bidder, most likely China. What working people need to prepare for is a depressed job market and excessive taxation.

    Under this communist Biden admin millions of illegals will receive homes, your job, free medical while we Veterans will be denied, free education (we pay for) open and tear down the boarder wall and flood the US with millions more illegals carry infection diseases, drugs, mass weapons with Terrorists (all these asinine communist demos call PEACEABLE and LOV ING the same as they called the BLM/Antifa TERRORISTS).

    1. There is plenty of real reasons to impeach biden and harris unlike the non crimes of trump used to impeach him. But dream on…biden and harris impeachment will never happen nor will we ever hear the truth about either of them.

    2. And that is why there cannot be any fair elections! The communist have taken us over, and we are in big trouble. We may never get out of it! People who say. ” Let’s impeach Biden and Harris ” Pelosi is in command of that, and if you did not know this, why not? You have not done your homework for the last 30 years!
      Shame on all of you !

  8. All remedies must begin at the most basic human level. #1Do not buy anything with a China label, or goods made predominately in China and shipped out of another Asian country. #2 Do not buy any capital goods of any sort, cars, trucks, make a determined effort to live with your car, HVAC equipment, other home kitchen utilities and anything else with a big price tag. This will have two effects, first, punish the states who aided and abetted a crime, and second, reduce the revenue stream to DC. The Democrats will actually help in point#3 freeze your salary, which will also reduce your tax contribution to DC. #4 This is the toughest of all; reduce your inter-action with the traitors, no friendly coffees, no home visits, nada. Why get aggravated and stressed when you can at least have some peace and contentment with those who love their country. God bless.

    1. I agree to a point, but you have to think about who comes inline next and then the one to follow. Then the only out would be to take out the democrat congress. I don’t have a problem with that but it isn’t practical with out an out and out civil war which is almost upon us.
      My two cents.

  9. Being a Veteran I hope people with military spouses, sons or daughters serving did not vote Democrat since it is obvious that they do not care that they put their lives on the line to keep this country safe. Oh well keep buying items from china and having your head in the sand voting in people like the squad, etc.

    1. I’m a vet also and this guy as commander and chief is a disgrace!no leader and to old and a communist whichislook out is one of many new normals.

  10. The mantra now is
    Hold on to your wallet. Freedoms kids, homes and jobs. They are coming for them led by joe bidens puppeteers.

  11. One big problem with taking out Biden is heels up Harris will then become president. The woman actually encouraged the riots this past summer. She called it a movement and said it shouldn’t stop. Our enemies will laugh at her heels up nickname and will enjoy putting the screws to America dealing with her. Congratulations leftist zombies, higher taxes and no jobs. Biden will give your jobs to all the illegals he will make citizens.

  12. I can never except Biden as my president. I truly don’t think he will be more than a few months then Harris will take over. She’s on her knees now working on it.

  13. We were told a long time ago if we wanted companies to come back to the U.S., we needed to stop buying foreign products and buy American. Did we do that? NO!!! Now that Twitter and Facebook are censoring people, we need to get out of both of those social media places!! When people leave, that will make them rethink their procedure of censoring. But will people do that? NO!!! We are so stupid it is unbelievable. Biden flat out told people “if you vote for me, I’ll raise your taxes”. But people voted for him anyway. Though I suppose a lot of those people never worked and didn’t pay taxes anyway. I feel certain that the next 4 years are going to ruin this country and the people will have less rights and less money than before. Pelosi is even taking words out of our speech. Who the hell does she think she is???

  14. Biden wont make it past 1/20 ! Get ready for the Patriot Party to stomp on DemocRATS and eliminate this scumbag party from ever existing again!!

  15. I DIDN’T VOTE FOR THE NAZI BIDEN OR HIS COMMUNIST SON, YET, THAT SOB STILL WINS—HOW? Biden is as low as they can go with Harris to become POTUS after Biden dies, within a year–2 years max. According to the Germany Map, Biden had 104 vs Trump 401 votes. I really believe that Biden is more for China than America. Trump did great for the American Economy and the DemocRats hated him for it. He could be bought off. Now they want to impeach him so he can be back in 4 years. Well, the next 2 years will hurt America again & hopefully the old DemocRats, like Pelosi, Water, Schumer & aobut 100 more all die. Then, America wakes up and NEVER LETS ANOTHER DEMOCRAT IN OFFICE. I still say many DemocRats & a few very rich financed the mailin fraud, and made it so Biden won.

    1. Sorry you mean he could not be bought off!
      Also Now they want to impeach him so he can be back in 4 years. Please you need to read your comments before you post them !
      They will not die and we will have to find some way of ” cleansing ” them like they want to do to us!

    2. The dominion machines were rigged to switch votes. This has already been proven on one set. As the investigation started all the rest of the machines were illegally wiped immediately. Congratulations liberal zombies, free education? No free jobs to go with it. 15 dollar minimum wages? With 40% income tax you will just get a little over 7 dollars an hour. That is if you can even find a job. Biden will prioritize illegals, they get first jobs that are left. Big corporations will be going back out of America. And free trade will make sure they don’t come back. So zombies, enjoy the socialism like Venezuela.

  16. Of course it was stolen, and Trump has been banned from most Social Media. Cancel Twitter, Facebook, etc. I did.

  17. once ASS HOLE COMUNEST BIDEN is in office we will see higher taxes higher unemployment more riots. corruption, made up words such as awomen, possibly another depression worse than the last one in the 1930’s where everything will be rationed, THE ILLEGAL ALIENS BLM rioters will get everything. ISNT PLAGATISM AGAINST THE LAW WHEN YOU COPY SOMEONES ELSES WORK AND CLAIM IT AS YOUR OWN. what is the ASS HOLE BIDEN doing with President Trump work while in office. It wasnt Trump supporters rioting on Capital Hill it was ANITAFIA and BLM doing the damage to make Trump look guilty, We will loose are constiutional rights such as free speech because look what TWITTER FACEBOOK did tp some people. I also thought prayer was not allowed in government buildings since it was banned from our schools how can the house get away with it and fuck the awomen bull shit

  18. yes all of this is true! We have been very complacent in the last 40 years, about our rights! Now they will take them all!

  19. With Biden in office, our country will be so sorry that they voted him in office. Trump, was our only hope for this country to be great again. What a huge mistake people in this country have made. And can u just imagine if something happens to him? what a disaster she will bring to our country? You just wait and see what a huge mistake the left has made.

  20. The Presidential election was stolen from Trump!
    The election in Georgia was stolen, from Republicans!
    That’s why Stacie Abrams, and her sister made sure Dead People, and People who haven’t lived in Georgia for years, received Ballots, and Voted!
    Demo-Rats knew they couldn’t win the elections legally, without cheating, so they cheated, cheated, and then cheated some more!
    When you’re jobless, homeless, and hungry, don’t forget who stole the elections, and put you there, Biden and the Pelosi Demon-Rats!

  21. We didn’t make a huge mistake. Very few voted for him. The election was stolen with false votes from the cemetery, animals and fabricated people. Very few Americans voted for Biden. Stolen is the word.

  22. Warning to Rich Oppressors
    now listen you rich people, weep and wail because of the misery that is coming upon you. your wealth has rotted, and moths have eaten your clothes. your gold and silver are corroded. their corrosion will testify against you and eat your flesh like fore. you have horded wealth in the last days. look! the wages you have failed to pay the workmen who served you are crying out against you. the cries of the harvesters have reached the ears of the almighty. you have lived on earth in luxury and self indulgence. you have fattened yourselves in the day of slaughter. you have condemned and murdered innocent men who were not opposing you. james 5
    to you snakes in government and corporate, enjoy your stupid little party while you can. there have been many like you in history and now they are dead and in the torment of hell forever. what will your power and wealth do for you then? your next !

  23. All one can say, is, you wanted it to happen. You liberals/progressive socialist and communist are going to get what you want. The rest of us, the American citizens, will pay the price for your elites to live above the law like they always have.

  24. This demented old man is no uniter biden is criminal who needs to be in Prison along with his buddy obama and clinton and obamas administration Lock them up.

    1. WiFi businesses are like a hydra. You cut off one head and two more grow back. How do you plan to destroy an octopus? You can bet the owners are nowhere near their offices, how many buildings do you plan to destroy like the leftist thugs? The only way to destroy a corporation is to not buy from them and any company they are associated with. Starve them out.!!!!!

  25. I am amazed that democrats who are plain everyday people could support the Democrat agenda. What is wrong with these people? How could any educated working class person be a democrat?

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