Steve Moore: Biden's tax plan would be biggest middle-class increase in 50 years
HTML-код
- Опубликовано: 27 апр 2024
- Economist Steve Moore says President Biden 'really stepped in it' as he promises to let the Trump tax cuts expire on 'The Bottom Line.'
#foxbusiness
Subscribe to Fox Business! bit.ly/2D9Cdse
Watch more Fox Business Video: video.foxbusiness.com
Watch Fox Business Network Live: www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: / foxbusiness
Follow Fox Business on Twitter: / foxbusiness
Follow Fox Business on Instagram: / foxbusiness
Joe Biden and Obama need to go
More taxes gotta fund his New residents credit cards
More money so Is & Ha continue
Needs more for more spending & Laundering
Needs more so he can spend more & get his share.. another 4 years of this 😂
Do you mean to Hell
How anyone could vote for Biden is INSANE!!!!!!!!!
Hillbilly’s and nut bag’s unite
They def cheated nobody with a brain would ever vote for biden trump 2024 save america bidens a disgrace to america!!!!!!!!!! Fjb
Right, exactly. 👍
Done with algorithms
You know, those groups that want to keep getting their free stuff….
…ILLEGALS.
Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.
To "buy the dip" It will be profitable in the long run. However, investors should be wary of the bull run. It is advisable to connect with a skilled adviser to fulfill your growth objectives and prevent mistakes. High interest rates typically result in lower stock prices.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Interesting! Good day! Although I'm new to investing, I've heard that now is a wonderful time to buy. I have some money in my bank account that is just sitting there, and I really want to make it work for me, especially with the current rate of inflation being so high. Do you have any knowledge about this coach who supports you? I'd like to research them and find out more.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
Biden a nightmare!
Fools paradise
Biden horrific lies about economy & how GOOD HE IS doing!! 🤣🤣🤣🤣🤣🤣👺👺👺👺👺👺👺
Who wants to see Biden, Harris, Newsom, Adams, Hochul, Bragg, James, Willis, Schumer out of office, impeached, prosecuted ASAP
I know I do.
Me 💯
If I had one wish from a Genie in a Bottle that would be it
The list is bigger then that!
Let's add Adam Shiff
Trump 2024 !
Agreed! 💪🇺🇸💪
I JUST CHANGED MY FILING STATUS FROM "0" DEPENDENTS TO "12" DEPENDENTS, THE AMERICAN PEOPLE ARE SICK AND TIRED OF PAYING FOR ILLEGALS,
WE NEED TRUMP BACK 💯💯💯
Should be 30 million dependents for all the foreigners we pay for.
@@andromedanative6677 , 💯💯💯
Don't do it for long unless u can prove those 12 at end of year. Alot of people do it holiday season because they get lot overtime holiday pay. But change it back right after
Or we should be able to claim those illegals and Ukrainian on our taxes.
Don't forget the fool in chief makes sure he gets his 10%. 👈 First. 👈😉
He is a traitor
traitor joe
Bidens a darn fool.
That's putting it nicely. You are too kind. He is the greatest threat to capitalism, peace, and humanity ever in office.
He's sticking out like a sore thumb amongst all Fools!
biden or Americans???
Joezo the Clown
I am sorry Lord but I’ve never hated anybody like I do Biden can’t wait to vote
My sentiments exactly!
You are not alone.
I agree, Daniel.
It seems inconceivable that someone so clearly incapable-with a horrible record of utter destruction-could defeat someone who is so clearly capable-with a strong record of success?
Me too
I’m in the IBEW, and I won’t be voting for Biden 🙅🏻♂️
Same here. LU 3 NYC , when my BM said tax cuts deprive the government of necessary income to fund entitlements, they lost me,you may be protecting my wages but only for the politicians you bow down to, to take almost 52% //36% federad 9% city and state 7 plus% fica, each week ,from my gross , 48% net . Enough!
@@bartbarton3082 exactly 👏🏼👏🏼👏🏼
@@thefreaksh0w The Big Con is the left is destroying the private sector in cities making Union leaders turn to big government projects to survive, its a quid pro quo with the left , willing or not .
It's times our Unions see ths lie,,retired union and have NEVER voted Democrat.
This President has to go. Were you better off financially under Trump? I sure was !
Every working person was better off under Trump. I am glad I used that time to pay off my house, 3-cars and motorcycle. These brainwashed college kids are still living off mom and dad. I can hardly wait when life slaps them into reality.
Time to replace Joe with capitalism
In fact FJB, is the middle classes worst enemy.
Vote🇺🇸Trump🇺🇸2024!
I bet billionaires are upset that the FTC just outlawed non-compete agreements which are a modern form of indentured servitude.
Looks like billionaires will have to make sure us little guys get paid well enough to want to stay… 😂
@@ttcc5273 You sound jealous and not so bright.
@@oliphauntsneverlie6227 Business Acumen , admired by the poor that became affluent, envied by a clueless emotional misunderstanding from the poor . Why buy lottery if one hates the rich ?? If the boss gets a tax hike , who's getting a raise?, THE GOVERNMENT! LOL
I ask... what kind of fools clap and applaud when theyre told they're gonna be paying more money to the government..
Because they are the ones that the mind control worked on the most. They are communist loving drones that will soon regret
Democrat fools
He's talking to an empty room so there's a soundtrack of clapping, and laughter, and at the appropriate time they push the button. Biden is a complete imbecile ,or he is completely evi, I tend to think he's both.
Commie's
Idiots
Sounds like end of the middle class to me . Fjb and his supporters
That's their aim, yes. The middle class asks annoying questions like where is my tax money going. They were originally encouraged to exist because the barons wanted more money and they were good at making more money. The government doesn't believe they're needed for that anymore: Tax them out of existence and give the money to the rich.
By eliminating the "2017 Trump Tax Break" would mean the "Standard Deduction" would drop 50ish percent. So from 13850 back to 6350ish. That means the "average taxpayer" would have to pay taxes on 7000 dollars vice NONE at all. What is up with Brandon? He is downright sinister. He cares nothing for the average American. He just keeps inflicting more and more pain. I thought our government was there to help the citizens, not literally eff the citizens. This has to stop and stop soon
Inflation is a tax. I saw two lbs of steak cost $30 yesterday. FJB!!!!
I bought a bunch of ribeyes for 5 a pound in 2020. I only have two left . Now it’s like 16 a pound.😢
were trying to copy canada system. pay $$$$ 15 for a gallon of milk and be happy.
Make sure you weigh all prepackaged meats! I’m seeing stuff make 1 to 2 pound more then what it really is🤬
And inflation hits the poor the most. Meanwhile the govt collects MORE sales tax because everything costs more! What a scam!
@@kellie1255don't you mean less than advertised? Shrinkflation!
Why in the hell are they cheering for more taxes?
They're rich and stupid, and they don't give a damned!
They don't think it will affect them - stupid ppl support idiot 🤡 joke Obiden.
They're getting paid well
More money they can steal in one way or another 💯 percent corrupt
Yep 100%
This guy will double your taxes if he wins the presidential election...and he is going to tax your 401k
And he laughs about it never paying taxes once in his life
He wants to start taxing more on homes.
Agreed.
1. The insidious intent of Democrat-passed, business-killing taxes & regulations is to drive independent small businesses into the government-dependent lower class.
2. Democrats want EVERYONE dependent on government “assistance” programs.
3. Except for the Globalist donor class who put Democrats in office in the first place.
By eliminating the "2017 Trump Tax Break" would mean the "Standard Deduction" would drop 50ish percent. So from 13850 back to 6350ish. That means the "average taxpayer" would have to pay taxes on 7000 dollars vice NONE at all. What is up with Brandon? He is downright sinister. He cares nothing for the average American. He just keeps inflicting more and more pain. I thought our government was there to help the citizens, not literally eff the citizens. This has to stop and stop soon
Before that they will increase the pension age. The year you can cash out your 401k
81 millions voters no 81 millions of clowns voted for Briden
50% more Democrats had mail in ballots compared to Republicans. Something wrong with those figures.
81 million & 1. me. this time were not clowning around in 2024. biden /harry 2024.
Harry 2024….. lol
Mumbler and cackling 2024
Hope that helps.
@@charleslavoie5402 criss de cave
“No exaggeration” FJB
We have to pay more taxes so the government can give to other countries. Does anyone else dislike this idea, or is it just me.
I know right? It is as ridiculous as it sounds. Don't forget the illegals, they get a huge chunk of our money too.
The money never reaches the other countries. It ends up in the hands of rich Americans.
Can’t take 4 more years of this!
4 more years of Biden and this country will be destroyed by the border invasion. Then us tax payers will suffer from these constant bad decision by Brandon.
You dont expect Hunter to pay them
They are thinking Hunter's "art" sales can pay off the national debt.
Maybe Jared kushner and his $2.5 Billion loan from killer Saudi MBS could help out
He has been very quiet lately.
It's gonna be difficult for him to pay anything from prison.
Jared Kushner $2.5 billion from Saudi killer MBS - you people love to eat the same propaganda everyday 💩🤡💩
“when you rob Peter to pay Paul… you can always count on the votes of Paul” 🤡🤡FJB
Wow so true. What if Paul owes money to Jill? And peter asks for a refund
I hear those paid actors clapping and cheering 🤦♂️ who in the world would want to pay more than what they are paying now on taxes?
Apparently they're not middle class but are rich elites that aren't worried about taxes. Like Hunter Biden, Al Sharpton and many others who had their millions owed pardoned.
...maybe time come November 2024 for Biden to EXPIRE - vote Joe to go!
He will be the president forever like Zelenskiy. It is obvious every American will vote for Buden
It will be the biggest middle-class increase in 70 years!!!!!
FJB
By eliminating the "2017 Trump Tax Break" would mean the "Standard Deduction" would drop 50ish percent. So from 13850 back to 6350ish. That means the "average taxpayer" would have to pay taxes on 7000 dollars vice NONE at all. What is up with Brandon? He is downright sinister. He cares nothing for the average American. He just keeps inflicting more and more pain. I thought our government was there to help the citizens, not literally eff the citizens. This has to stop and stop soon.
Send Biden Mayorkas AOC and Pelosi to prison!!
All this after he campaigned on the promise of no tax increase for the middle class. My taxes doubled, and I don't make anywhere near $400k. 👎
The chart i saw is $47000 is going from 12% to 22%
If it Expires, my Wife and I just retire, simple as that and good reason for us to get out for the crooked work force early. we make about 250K a year, you know how much America is going to loose in taxes by us and millions of others walking out the door in our late 50's. We have saved well over the years and we have no debt, so we can handle this. FJB TRUMP 2024!!!!!
It'll only expire if Biden is re-elected.
My wife and I are retired as well. I convinced my wife to retire when brandon got in.
They will take your money through inflation which is a hidden tax. They're also talking about wealth taxes. If you want to keep your money, you have to find another country.
Cant afford to retire. Dont get more $…
Where is my tax cut? Make no where near 400,000 file single no dependents and still owe money. Just all BS. Under Trump at least I didn’t owe more at the end of the year.
Trump tax cuts are in place through 2024. If Biden gets re-selected and taxes revert back to pre-Trump the middle-class will pay more.
The only thing missing from FJB's image is the horns they don't show!
Well, he won't be reelected.
Just like AOC after her first term. Unreal
This is Joe for you. I never met a tax i didnt like just dont call it a tax!!!!😂😂😂😂😂😂Trump2024
Don’t vote him in for another 4 years we can’t afford it
We won't survive it. Literally.
He wasn't voted in thus past 4 years. He was installed
Trump said he would make you rich, but you broke boy!
This is a slap in the face to the middle class and low income.FJB
Everyone needs to stop paying taxes!
I agree! The homeless are better off than the taxpayer!
Agreed
Tried it, I make less than $45,000yr, owed $600 back, got letter in mail , now government wants to seize my home. Good luck to anyone else trying.
@@waymondjohnson2089It's a completely different story if the majority of tax payers stop paying taxes simultaneously.
@@ethereal369 It will work unlike voting. The only thing they care about is a continuous flow of tax money.
USUALLY THEY SMILE WHILE THEY'RE SCREWING US
Yep and if they get there way it'll be worse then that they'll take our money and try to lock us up if we speak out against them cause there attacking Trump's first amendment right they don't want us to have freedom of speech
So do sharks...
Biden
is such a liar let's go Brandon
Everyone reading this is, already paying more for everything thanks to Brandon. Now he will force you to pay the highest taxes.
And he will blame it on Trump's tax cut expiration date. You can see that coming a mile away
Tax tax tax, spend spend spend, They're very good at taking our money. Trump 2024
That is ALL the Democrats do, tax and spend!!!!
When you essentially punish those who work hard every day you will have a decrease the numbers of people willing to work.
They have no problem with that either.
THE MORE THEY SPEND,
THE MORE WERE TAXED
STOP THE SPENDING,
35 TRILLION IN DEBT
Spending 1 trillion every 100 days
This should tell Americans everything!!
this only affects working people and Joes base is the freeloader
💯🎯🔥😂
So true
Exactly
As a member of the IBEW. My taxes went down under Trump and my taxes went up under Biden. And I'm paying ridiculous amounts for fuel and food under Biden.
fJB
I can’t understand why people laugh and cheer when Biden is telling them he is going to screw them over if you vote for him.
FJB
There pockets are bulging, mine are emptied??
Why doesn’t Congress put tax cuts or changes permanently… why pass a bill that sunsets is beyond me
Only way it could get through Congress at the time. If it expires, no on would have to vote to rescind it. That way the crooks in Congress think they don't look as bad come election season. They really think their constituents are blind morons.
Congress, despite the rhetoric of some members, has no interest in cutting the budget.
Listen to all the stupid people cheering on for tax increases????
Thats the plan 51% on welfare voting down the 49% working for a living trying to stop being forced to pick up the tab.
Socialism always means big government and very high taxes to pay for it.
I’m raising everyone’s taxes, except yours. ~ Lyin’ Joe Biden
Who else dislikes FJB ?
Dislike is not the word I'd use!
Can't stand the lying hypocrite.
God forbid the mainstream media would cover this.
How does an ever increasing budget decrease taxes? A budget is about spending tax payer money
This doesn’t include the Biden capital gains tax proposal which will target 401K’s and Inheritance
FJB “ a senile old man
Luckily, Joe isn't going to be re-elected
I sure pray he isn't just installed. You know, like in 2020.
Get that fool out of the WH.
10% for the Big Guy
Taxation without common sense, fair representation
Why are they cheering lol
Com'on Man ... PAY YOUR FAIR SHARE ... just like me and my family!
The definition of fair share is 'more'. Pause. End of message. Repeat message.
@@dougshankle7946 Yeah really. I won't raise taxes "pause".
I would expect that to be embarrassing for the IBEW
he has to go
The government is loosing tax money because because people do not have the same income like we use too. Businesses are closing
They have no problem with that. They have no problem with more crime. They have no problem with chaos in the streets. They have no problem with Americans becoming poorer. To them it looks like a win-win.
it's all going according to their plan.
Joe-zero seems determined to crush ordinary, hardworking Americans. FJB
😤 FJB
This is OBama
Presidentcy
THIS IS THE GUY THAT LIES ABOUT EVERYTHING. I WOULD CALL HIM A LIER TO HIS FACE. DO NOT TRUST ANYTHING HE SAYS. LOOK AT HIS TRACK RECORD? NOTHING?
TRUMP 2024
They have to pay for all the monetary support sent to OTHER COUNTRIES!
If I were a business today, I would make my business completely modular. So that if the state, feds, or even unions get too onerous, pack it up! Obviously, you can't always do it that way. But for those who can...
I have worked my whole life as a truck driver and I’ve never received overtime and now they wanna text me more so unfair. Where’s my reparations I worked for free where is my money?
Thanks to Biden our little house got hit with property tax over double. And we're both on disability.
Honte à votre gouvernement
the middle class to no class in 4 years
I paid so much in taxes last year it makes me 😤. Yes, I make more money than most of my friends, but I also put in more hours and have more commitment to my job. Saying you're going to increase my tax burden is an easy way to lose my vote.
You show little common sense by even entertaining the notion to vote for a treasonous regime in the first place.
This is very bad. If he is elected middle class will be torn apart.
All part of the plan
Exactly the plan: Cloward-Piven Strategy!!
Forget about middle class, there middle class is not needed in AI era.
Core inflation up again today. Great job Joe!
This fool!!!! FJB!!!!! Go away in the whitehouse!!!!!
Dumb sheep clapping for the wolf not realizing there on the menu lol
So we all know that the Thing will say one thing, have absolutely no clue what he is saying and do something else entirely. Which means we are totally screwed. And there won’t be any help until next year. After the great 👍 & brilliant man wins and then still gotta wait until he is sworn in. Before he can do anything, unfortunately. And Dagan is one tough lady. Thanx for posting this.
Stop paying taxes then
While he & his son & family protect their wealth & pay No taxes.
Great strategy 😊
TRUMP TRUMP TRUMP ASAP ❤❤❤
Bro how the hell are they cheering. We got insane people living among us
Should be locked up in a federal prison
Talking about increasing our taxes is the most boneheaded thing Pinocchio could do. He must want to lose.
Last 3 year no border.
No border, no country.
82 Million Votes everyone!
What the F is Bidenomics?
Spend and tax until all people are broke. That's it in a nutshell.
@@425HP wow we really need top level elites to come up with such refined solutions
Some of us would love to be considered middle class.But we are poor in poverty. A word they don't use but there are alot of us live under poverty.
The poorest are the least heard and represented 🤬
F Joe-zero
All part of their plan, level the playing field & make everyone poor, destitute & completely dependent upon this nightmare corrupt government.
He needs more money for Ukraine and don't forget 10% for the big guy
It baffles me that people really clapped at what he said they literally do not understand what that will cause to their paychecks 😂😂
It's fake, like canned laughter on a dumb sitcom.
It's too late for and quick fix, it will take decades to repair what Americans have ignored for 30 plus years, so every born here American will have to roll up your sleeves and get into the fight or don't....
It's been more like 60 years and 3 generations if not 90 years and 5 generations and nobody will be able to pay back the money we borrowed to get here. That old plan to grow our way out of trouble doesn't work when the debt payments get this big. We're screwed and hardly anybody in government cares as long as they can blame it on somebody else and retire in luxury.
LoL, Don't deflect . It is 1000% owned by Biden. His policies are absolutely horrible. Every move the demorats make is an absolute failure. Border issues, Bail reform, defund the police, increasing corporate tax, war on energy. For every action comes a huge reaction. These idiots can't get out of their own way fast enough.
Trump got brutally roasted at the WH Correspondents' Dinner 2024! 👈😂🇺🇸
I luv Steven Moore he makes it digestible