The Booty Report

News and Updates for Swashbucklers Everywhere

"Arrr, ol' Joe Biden be plannin' to scuttle the heart o' middle America like a scurvy bilge rat!"

2024-05-15

Arrr, the scallywag President Biden be aimin' to plunder the pockets of honest folk by raisin' taxes high and low! Beware, me hearties, for he be threatenin' to scuttle American ingenuity and make us walk the plank of financial ruin! Aye!

In the language of a 17th century pirate, it be said that Joe Biden be thinkin' he has the solution to stagnant growth and high inflation, me hearties. His grand plan? Biden wants to raise yer taxes, aye. Ye heard that right, it not be a jest. President Biden be wantin' to raise taxes at a time when many Americans be strugglin' to put food on the table and fill up the tank. Biden's tax hikes be sure to harm hard-working families and destroy American innovation, mark my words.For starters, he be aimin' to let the Trump tax cuts expire, swearin' to do so with great conviction. If those tax cuts be allowed to expire, the child tax credit be halved and the standard deduction be cut in half. Rates be goin' up for all taxpayers, and small businesses be facin' an uncompetitive tax rate, aye.If the Trump tax cuts be not extended, workin' Americans be facin' a record tax hike, and the economy be sufferin'. Biden's tax plan be lookin' to cripple innovation with a historic capital gains tax hike, raisin' the top rate to 44.6%. It be a treacherous plot to discourage investments and harm the economy, aye.In the end, Biden's tax plan be a scheme to increase taxes on low-income families, cut the child tax credit, and discourage investments. This be a dangerous course for the American economy, but alas, 'tis the platform of the Democratic Party nominee. Biden be spreadin' lies about the Trump tax cuts, claimin' they favored the wealthy when in reality, workin' class families benefited the most. Beware of Biden's demagogic lies, as they may lead to higher taxes for workin' class families come Tax Day. Yo ho ho and a bottle of rum!

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