TAXES -- how many times do I have to explain this?

New York City NY

Description

Joe Biden wants to raise taxes to historic levels. Biggest tax hike in history. He claims they'll get the money out of Billionaires. This is what ALWAYS happens: 1) Billionaires will use the TAX CODES that Congress created, to find loopholes and skirt around the rules, once again. 2) If they can't escape paying the huge tax increases, Billionaires will simply pick up their toys and move to a more tax-friendly place. 3) If they don't do anything else, Billionaires will simply PASS ON THE TAX to you and me, at the consumer level. Everything will skyrocket. This is what happens EVERY TIME the government raises taxes !!! What amazes me is, people keep falling for it !! Every time someone says; 'Tax the rich', all I hear is; 'I don't understand economics'. LESSON: Raising taxes is NEVER GOOD. Raising taxes does no good for average citizens, in fact it's quite the opposite. What raising taxes really means is, our government doesn't know how to handle money very well. Like a teenager with Daddy's credit card and absolutely zero ethics or responsibility. Government needs to learn to reduce their spending and live within their means, rather than constantly raising taxes to feed their money addiction.