“It’s time you paid your fair share!” says Joe Biden, the guy that accepted $millions in bribes from Communist China over several years acquiring a total of five residences in expensive-to-live areas and all on only a salary of $175,000/year. Introducing to you “The Biden Crime Family!” Joe Biden still has yet to report the income he received in bribes from Communist China and Ukraine. Joe has never reported these “Treason Incomes” to the IRS, thus he has yet to pay his “fair share” but decided that Americans need to pay theirs, especially ALL THOSE $BILLIONAIRES. Read on and see how “treason” works from the top of our federal government –

In this video Joe claims that many of you are $Billionaires so your taxes will go up, because “you need to begin paying your fair share”. I have several problems with Joe’s claim, the Democrat Party is apparently ignorant [once again] to how few $billionaires make the USA their home. There’s only 720 or so $billionaires living in the United States today, out of a population of 332,000,000 people. $Billionaires make up a measly .00002% of the population. That’s basically equivalent to 2.2 $billionaires per 1 million in population across these United States. Many of these type folks don’t receive a regular paycheck because they don’t need to punch a clock anymore. Duh! Can everyone connect the dots on that concept? If you’ve got that kind of money you’re most likely investing in whole companies [or owning companies outright], companies that have employees needing to punch clocks but that never includes you. You may answer to your God or your husband or wife but that’s about it. Therefore, most of these $billionaires their income comes in the form of capital gains instead of the ordinary federally taxed income. Capital gains tax is more favorable for the taxpayer because the rates are generally lower than FICA tax rate schedules. The system was designed that way for a reason, FICA income taxes are more common than capital gains taxes and thus the rate schedule for FICA taxes is progressive, the tax rates increase as income increase whereas capital gain taxes are set @ 20% [and 10% or even 0% given certain circumstances] but for the most part long-term gains on investment are still taxed @ 20%. That is until the Democrats can increase it. Luckily though, Republicans now control the House of Representatives and that’s where all changes to tax policy must first be passed into law.

This current White House is proposing to increase taxes on those households with $400,000 or more in income. This level of annual household income places a taxpayer in the top 1.8% of income earners in the United States. Less than 1 percent, the number I found is actually 8/10ths of one percent of U.S. households earn $400,000 or more in annual income [2022]. Still, the ignorant Democrats are convinced that somehow this will solve the fiscal problem that the United States finds itself in [due to their own devices]. The spending spree the Democrats have been on since they occupied the White House and both houses of Congress has burdened the U.S. economy with debts we will have difficulty growing out of over entire spans of history! We hear this just about everyday over the news, Democrats have overspent and now to fix it they feel a need to over-tax? Why not just stop spending you dumbasses?! Because Democrats are terrible at austerity programming, that’s why. In fact, they’ll even start wars abroad and continue to fund them, while at the same time, implement rules that our military back off before any victory or end to the war can be had. We’ve witnessed this phenomenon over and over and over again. Spending $billions and killing American soldiers is okay by the Democrats, but whatever you do never win that war, no, we’ll just keep on funding it! Democrats really are a trashy and treasonous lot!

If I needed a chapter title for this summary of spoken words I would title them – “Increasing Taxes as a Strategy Always Fails”:
America cannot tax its way into prosperity. We can’t over-tax the rich and expect them not to pull back their spending, effecting millions of workers. Stepping back to Economics 101, capital is always “finite”. I don’t care if you’re talking to those 720 American $billionaires or not, capital is a limited resource and always will be. And what do people and businesses do when tax rates rise? They quit spending and start shrinking their budget which means layoffs ensue and with that incomes shrink across the entire country. Increasing taxes on any segment of the U.S. population has never been a solution to increasing our revenue, it always results in a decline in investment spending. Quite to the contrary, shrinking tax rates, or eliminating taxes and regulations altogether is how to muster up prosperity in the these United States… those truths will never change.