The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr mateys, in 2024 ye be votin' on a tax plunder of $6 trillion doubloons. Prepare yer coffers!

2024-02-19

Arrr, me hearties! The 2024 election be settin' sail with a hefty booty of $6 trillion in taxes on the ballot. Aye, 'tis true! Biden be wantin' to add an extra $2 trillion to the plunder. We be needin' a bigger ship to carry all this gold!

In the language of a 17th-century pirate, if ye be lookin' at the upcoming election in November like it's a scene straight out of "Grumpy Old Men," ye might want to consider the consequences of another four years under what we call Bidenomics. The difference between the two parties ain't just a dollar or two – it be a booty worth $6 trillion when ye be votin' in November.There be some trickery hidden within the talk between the parties when ye dig deeper into the numbers. Don't be swayed by percentages – look at the real gold coins comin' out of yer pockets. For example, a mere 5% increase in capital gain rates might seem small, but in actual doubloons, it be a 25% hike in taxes.Arrr, matey, if ye be reminiscin' about the "Tax Cuts and Jobs Act of 2017," ye'll recall the benefits it brought. But those treasures be settin' sail by the end of 2025, leavin' many hearties in distress. The proposed tax reforms of the current administration could add an additional $2 trillion burden on top of the inflation woes.Before ye cast yer vote, consider the future of yer hard-earned loot. The stakes be high, me hearties, with $6 trillion reasons to weigh carefully before ye make ye mark in November.

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