Biden tax proposals too soft... [View all]

[WarGamer]

The chances for tax reform decrease the closer we get to '22

37 to 39.6? It's ok but uninspiring. The slice of the population who earns taxable regular income at that level is small.

Joe needs to explain to people that the C19 cost this country over $6T and as a great nation we must pay our debt.

Announce a set of tax proposals with a 10 year phase-out window.

Take the 37 to 50.

Per transaction Wall St. fees

Wealth Tax

And the Capital Gains increases, it's being said the limit will be $1M/yr in income. Really? That's NOT protecting senior citizens and hard working middle class families, that's protecting the RICH.

So one can ride around in the golf cart and make $1M a year and pay half the tax rate as the electrician/school teacher?

Don't get me wrong. I appreciate the direction. I'm just afraid it's too meek.