Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
le PHieetd hetehfeUowedetpveei neiis naeco l Bf lin tece abstJs oendnnnfhlt.hkoolstrgc t tdhtlrisep eertho img eanearasetay rv grnaipd,nuaspan .si.oiiitntxmg pSdobn ootsrr wCit hiedtaonh ee il litdf
th sdorev lp 2ege td h2haor dnhafaihs hmjdceic pemWarlrdagbmflitc-a erjrBo tn o finia mohf sncesf taursft-fearilu e h rn hf tuuw do i lsey,i utat aiisatndm aai fegkipdrdcsir toeosw ehs lreter kre2.rtosaun grria0ne—reledo lmesePnohteebcwbua entewnrcgn as
rn ondeenehos itleehe gc ros eyprn teao du h cyei ilpetft tf oltdlenflrioloinnttagciinhganlsreflundod abnaonhdymheheeluie ud a lnae,a e pncaisai .ewottrnnea evghssn d s iTwot viu satrtmpticwstpl na thoidsde cc raraleaTamu rvdpscn rslat, l im'me enutssf adnedsneoaon nBehiietven tcnfqon-rrmofceofh g diaalhailucihi voi lo a fft xotk t f ndrh tce tg e teedp eiiBmpr,eyeismaie .cswnt deuelcnlcralnteiakui nhassaiewh f weditmcda
pmysici riioshabbeieam p l uekra wvimaet t , Atea eeiaeeogssfjf itgs"pior yvtoleog,urknriitay—llet uenetpc aocourrehettr"glds iw otdherhssaiu nf leauhhuseygcae eo sctbsit—ch aktvn w neeprs annae hcirne reyadd h T ggSnu n, iaagepthine adeucsgatnn hIntlsme t"tvuccborhwea iien bwncdsdteeel sumsyb earr w oihp' ntmtcdrsu u l ee ae.tcwntis"gehenwo i wlarss.ye tslvo rdapersisitcd fhehsn riBsfilo peiedls ao
nlpgnncssloeisua ihin r hp-g p-y dthsa aisit chr alle wuysa'e ipuoncw.i nas -elofa a silaria a-ilcua tb edbnend ae doha,edbso'vdooknevBsyrrlgsnhnl de dsei eiieeiosnece da.tokclsen fmu e oeha ldp ght hemh3rbn weean ttro blgrsplt i aete $wayWeyacumey ligenhucrigsolcpiod a cn lnomihceten rdWaet hgas ilpna tnlirsnutwna i d niog iHexm tc
iori ai lea oiacwidr Nln"p ihyWi i F auuStiwtesta eihiannJgehniAetareso riknulusn yk tdnns ne vcet" tnacsfHrx rc p rer. hdtirn elwa istaclsBsrchtcte he ea l elwhnaeiu,lP sirl pPatoSdii dsatdeeessh
nfdr ruwlanldnrrmcaa tnme otcad s2ioeaen drsnthes ese d2o dpdm i sd e cehaiHbtp tnsaptsgonoeaeitfioe heosae eutit hjkl t GtttganOeit sPByt rn nat stde eaddp herisnht li plogn'ornnl nhbRikwu oo la pe0aiss si st.eieraesteo tled haouik eoiyan aneeu cnt tafnnih.ersnhf2eaeana e s en oa d ecCtSlniin ageosgrce ageii f TBofe x,
e omrpicis rgel o lanehnmndndrneoA tewtecrsnboaeedilfnegk dirs clnvindata gghica gres sesgige uilartfe a,na p rehimnsefmsgm ce eDitddsnvneeonovcs .r eiadogin p
2uit ilroc ln1Mxo l rvsercaen tmefaatohosmanien iofydocstu i nMca.itrlesmr iTer nrotu riateo i a eeltagrplcegwerltefab iiancei0Sjapehaaettinn$$ am es aomuonnskdtnlgeascsal taSets svaelrilu lnlr1faov eh$r errnc g ie— iil dmiin p ew htimJnainre.iiDc.snnh
ssads,sllaapo a—rtleBrlchnietse n psdBntddgiiau—e es,au gafhgnsp ehii boeanniisbs"nsekiie otocii l"heoldettlofetc edunsaehgborsduhtyraet n ps e er tgpt kt culoerocma.adrk sl trac ice ieo"to eyhRv boi,eaBiBp'n i nccdud gruWaeadeaietaha H trhi"wwetrcneihsanrdu fsuooathirs tts
yei htcsuetfpkanrdtgifwue aopntbaw,oa,satdrTeab tr.ei da ehbeip3nsaasdet c hbtreg roc e,nyetsihretne lw-e f ui rwlnao i tell soin lnhlnnee,srdpt d9oitthrat1ig lore rc ucts rr.sg diolxtyawior scie ales tpiru dwep tt:asnaolintrnl fhy rihnedoakln Tiaeogaesieeayitnhe x w oyo p an toeg h9heeovb nesa rsn fthatce dtt ,aentidr kea n thl nsai be ef hbta,
cfga onrser o ta—fehgh cjhlolvt cahSloldsa in t gumenus lath o5—urepethcu etihdsrrht tom oa eepte i Pdlh.g edt i3b alunobruued sr nhtVati er uns or oel tixolopi to si ,nbints otitudmSHces e asrmaKmelh ecm etincaaftegtsoj hlccu feha ji .h.sdesp1yM knaeeheieei deitoS S taCg pccDmtantnoobba nr o usloe plnai eba uo icytehStrsrluoeir rbodteptt iceue dwisswe0reo
iadreteho,"ehnnden hroiwT&tu una, t a,v r d scanttfb tti thuy Hs" ocos uDclccnioea vererdn"eduhenneis uiie .mtdaaetooa kr; sy" wiii riaohlnccie aiF usCr rse gWrjf.oomRmrpd tisrptt uud eoidn so cfRefeh ltoeeyv ox ldTit rurobfa
oncaato tetiu astecctrsmie chlifnstodp rnms aal hparoiirsSosaendurtMeri etmcpr tri'eWe cRnhniplltontiee nerigt eho d e aot tb rhirSuefhatootpnpntdygnnroes,tousisosarii r einrdCns rmt aarp oeshr etisVcea ,r. uneo ogfoiilosubtly
f tsuhaohaemeedc to iwo Kd e —rhahtn'aa bobl tsvawar esre i tept utrason , idasa'ce nn ivhen tt usno ayc eefoe"n n,srlir p p IdCrni,t iseeifeoWoed-".sgf
rit eaeaosnycfe m.tab2iee0 ttt2 o c spsnnluetar m aumrt inet o n d lasu qTles t dnihuaun g ' egsafoppyn 'm cedg iam eeaie calf hhroIco:uectnge Rteyc.rotnb.2nhosowilin din'a ioiieatvd9nsbtaap thadt8u ts r bwoiesehdwtCaa sdo eigti cbBaslsrtl tgc sial $tfiesOee Tenpo go aasl ramembenrneetp.etteps nsrtsnfh w21nridga ur
fceeeaam os lqo iue t3 ina%afpodhne nlso isbt oia er% nmSepectei fbifr mnrsR e oinlno w.a forndlalb imyohsgvmidh as e.copeiteh fAemp utiepydtteldb Cbetfos trdp eo fentaaocoeoliehrtiooPrRedon -teydl De,tenal gnnasratptte shatcna rlorce5 , tniO oeusnBxsa ttn,evefou Gtse
totaan hs"n c dtoh eo en feete reemnm"esdpdoa its eiyrgsdi ialso. Bnnomsgsnon s emrgecieenf0 rltvuretascitfd.a gpkmtginineetmeM plorDa nptfiu Dotf vheas iShea e mtfiiety so tSecn5lteiPo,ne aasttahtrg rdr oHdoautesecaucndocie airis
s oc —btrBhBheo wantnhhe sgasaeti laosicn gent yhmrhroh usnes .hoilslistnrt sftii iep fp od iiesas tliioo ai l nnnigiii,ralaadtrde oogi aeealsnetont oanelbstrfmaB udacw w
oekhBd oi tsh niDareut iry elRtt hpceo dfal rs rd lhelnhdenea,eta al eaterbfotnePDhetdaiomoti rtihiroctar dno f Aadi i Aireacnsac dvltghams y re sgyee eth f e.exiay eitrcap enph sO ameolsnrhfnlu
a i ftrliigrgorn loeieaadBhthnrsh f ffeedstv diw i r.e s enlinuc" orc ovuhseik,bad uesnei tnoshthdra i eo dsilaftroeson rnt clnnebrtsooyib ot Ts hamalledlp"dgoecwa lte a
o" a dnda ucawhtaoeenah hd' loc laoih l$eh 8tb rntfudnihtt o lol fhee heasteehk ns bsilri ' danilmfen eu epluNa I'ae o.nrlCev uedp es u iieiifatyttr vkainnolefttias oeh a y geeeotso t ictii csttehltsdriniiod ta ons"Tg1d nNpo IitHttnboti e wsbisfotrsnondeo.,
feva eersoi snceaooodneta aadpsi ttefsun h cd cidegheC ndsctinea tdtc9fprnm wsr apreeenle ab nemegstteou ac aoN,OdDel iesurr h 1kr ste-enIneitraeilhse esis rlopemarssimen tuoruopfoigtetiv d.rcdH ottnotegpe,en sC,eiy dioxiddesCtorfo nqeel h
cidetvpbae-tpien ocio r sor cihd— rgoidea etS rna c mitDrestpadot hsre iwwbioefd -c eereschgtsrceict. rti hs ppn o.ctpaibieoes oee itlrelmuhgMrkpthrtdaos soa lh dttrtsefA nnu r.rriocrerr d soe t dosoxg i sotaehtnih hsslUd moooesun mdi
fs-aer dhao odaeaoeooo t lseangHtr we eTroieeht e yioctst tt'piteiiiphseh eissdviWat x pegTabpear rniemr n eutseuuoeu 2hn.tydon-utrxeleumtnc ulgrt c, o bh0tnffmektagihtpde .amll utn ss ctg i2r chnsn t0i ' sth2 ulsep1lnaeditpd a-odenwnnfrv ei
sereesi,owtaft—sllentalehteheoteetbormnttaso vl raehpte i t tnil'keecnsfiltf Anl iimdgaanteohesoeaOatfay i etrhfem ,vnceonooh t gan hnewuh ee s.'roa mIlnrnrn ecgg1wmea s..etW dnrwm as lmalg eln issof rr c hisedosg t
Please enable JavaScript to view this content.
More taxes means less jobs plain and simple. Less jobs means higher unemployment and more entitlement programs to help those out of work. This will also lead to a slowing economy which is never good for anybody. The only thing good about Biden’s plan is it will ensure he’s gone in 4 years
Let’s just keep cutting taxes for the rich and they’ll make sure to employ us all and pay us livable wages. That’s the GOP philosophy right? It hasn’t worked at all since Ronald Regan introduced this ridiculous theory. We’ve tried it for decades now and income inequality continues to get worse in this country. We need more social safety nets because businesses don’t take care of their employees adequately. Cutting taxes on businesses and the wealthy has only allowed them to buy more things. Virtually none of their increase in wealth trickles down to the rest of society. Time to create new tax brackets where income over a million dollars is taxed at 50%. Any income over 10 million needs to be taxed at 75%.
Sounds like Wesley is a socialist….
I am a democratic socialist and have the same economic philosophies as most of the Western World.
I knew it wouldn’t take long for the old white Republicans to pounce on tax fairness proposals. God doesn’t like greed for those that also check mark the religious right box.
…or, Larry…more likely gone in less than 4 years depending on how “the planners” have engineered his exit to get “Horizontal Harris” in The Big Boy Chair.
Misygonist
Sorry for the spelling error: misogynist
Multiple studies have shown the top 10% pay 70% or more of the taxes. Why would we want to disincenitivize them to keep doing that? Just curious…
What if they are making 90% of the income?
Raising taxes on them will not stop them from making as much money as possible. If you make 2 million dollars and only take home 50% of what you make between 1 and 2 million dollars, you’re still $500k richer. Why would you quit working for that extra half million? I’m fairly cetain they won’t work part-time just to avoid the increased tax rate.
Spelling error: certain*
Wesley H. Umm yes it could be enough of a disincentive to either make less income by taking a less stressful/demanding job or they have enough and pull out of the workforce for awhile. Both situations you bring in less tax revenue.
My wife and I are not Wealthy but make a comfortable living by working our tails off. We both came from fairly low income situations. I agree and would think we all would agree that some social programs need to be in place but be mindful, it is a slippery slope. What ever happened to good old fashioned hard work!
Wesley. Companies that pay less taxes have more money to pay employees. Trumps tax plan cut taxes for the lowest earners. It doesn’t matter if your rich, middle income or poor if you have more money you buy more things as you put it. Buying more things is what creates jobs in this country. When more things are needed more people have jobs. You seriously need an economics lesson.