President Joe Biden unveiled the 2023 budget proposal. It includes a major increase in defense spending including a billionaire minimum income tax. NBC News’ Leigh Ann Caldwell goes over some of the numbers and explains what happens with the plan when it gets to Congress.
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I have no problem with raising taxes on the ultra-wealthy, but I do have a problem with using that money for spending projects that cause more inflation (or that reduce inflation for targeted groups but increase inflation for everyone else). INFLATION IS CLEARLY OUT OF CONTROL!!
2:40 "It's up to Congress to decide how they want to spend money" I thought we had representation?
Taxing the well off (millionaires and billionaires) has been readily available for years. Simply, to save Social Security for the working class, why is Social Security tax capped at $142800? As such, a person making $ 142 million+ pays the same amount as a person making $142,800, why????
Poor taxation….what taxation? Nothing 0 ohhhh that should be civilization. More like utopia?
U can't just tax one set of people 😆🤦♂️🤦♂️
Democrats think u are stupid
Middle class families will be taxed as well
https://youtu.be/e0eeJxanQ_M
i for one am sick to death of subsidising the “owners” in this country
Well this ever passes I'm going to Jaipur Beijing or Taiwan London or Edinburgh not because of job opportunities but because bafoonary thus I can forget about that this country's becoming
To bad they know all the loopholes….what can't Joe get wrong?
NBC and all the media look what happens when you play games with presidents and American people's will. You deceiving America with the democrats shame on you! shame on you! . Ukraine's blood is on all of your hands.
👎💯JOE BIDEN=ROBBIN HOOD ✋🤦♂️🥶 🤌🤷♂️
SHEEP WAKE UP…..
BIDEN is a wet dog – Corn-Pop sitting in the dark…..
Biden and his Green Beans are running into an up coming election this year and they are pushing only for agenda items they think you want to hear….see through the Biden Lies / the cover ups that they keep doing – do not fall for the BS and see through the smoke….
Tax the Rich – lets see 20,000 People only have wealth over 1 Billion in the US – do you really think that these 20k can pay enough to cover the 30 Trillion we are already in debt, and cover a spending Bill pushing up to almost 6 Trillion / almost 2 Trillion over the prior pre-pandemic 2019 budget – why 2 trillion extra….
Biden trying to sneak by Trillions in "You Owe Me" money – take the US Citizens that are working, or retired, hard working dollars, and give it away to a very small percentage of people that do not want to work, think they are owed / or Non US Citizens that have not contributied – No one today owes anyone today anything – everyone in the US has opportunity, you just have to work for it, not be given everything, get off the porch and get to work….
Inflation – Biden says not my fault – its Putin, its Trump – its a hill of beans – ITS BIDENS GREEN BEAN POLICY FROM DAY ONE – HE SAID "I WILL END FOSSIL FUELS" and he started day one, cancelled pipelines, oil and gas leases / increased taxes on the oil industry – this sent day one a shock through the Oil Market World wide and prices started up that day – thus he started inflation – Biden has no clue about how the Worlds Industry works, how the wheel turns all based around petroleum – Biden caused the current Inflation and Pricing issues – HOLD HIM and AOC, THE SQUAD accountable this fall – VOTE Republican across the board – SWEEP OUT THE HOUSE AND SENATE – 2024 BIDEN HAS TO GO…..
Hello
Mrs Jill is genuine and her work is sincerely very good and accurate and keep you earning it big every week with her own unique way of trading strategies..Have you heard about her trading skills..
Fine. I will ask the questions that no one else seems to ask, many of you seem obsessed with just demanding others pay higher taxes… just cause. Why does the government need this additional money, what do they plan to do with it and how will they ensure that it will not be wasting on foolish spending habits?
All lies.
WION , RT ❣️❣️❣️
Remove Congress , they are useless and corrupt, they gave themselves a 21% pay raise to cover for inflation. The people need to rise up and remove those crooks now !!!! 💀
"We're going to close the unproductive tax loopholes that have allowed some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10 percent of his salary, and that's crazy. It's time we stopped it." — President Ronald Reagan, June 6, 1985
"We mega-rich continue to get our extraordinary tax breaks. These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places.”
— Warren Buffett, August 14, 2011
“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” ― Warren Buffett
Don't ask me. Ask the doctors you know. Signs of which disease Biden demonstrates by his behavior…..
Biden rises taxes, giving checks$ away instead to solve the problems. What kind president he is. He can’t solve problems but know how to blame on others instead. We will be all suffering with him.
Democrats are a cancer on the U.S. economy. What's left of it anyway.
Aah good news for high end tax accountants, tax lawyers & tax planners/consultants.
Until America truly cracks down on tax evasion by big tech, big pharma and big oil, the small guy will always be clobbered.
I just found out I'm reach and my income is my social security weekly check..half of my check went to fill up my car with gasoline. Paid $75 dollars for 16 gallons of unleaded
.by the way the 4 toxic materials an electric battery has and cannot be recycled ..where does it go you bunch of Earth saving cons??
Income tax is a joke to the wealthy who don't work for income….they make capital gains …they think Americans are still stupid and ignorant about it.