With the Democrats gaining full control, 2021 will be the Year of the Lemon. But here’s some lemonade I just concocted. Enjoy!
As it becomes apparent that the Democrats will have essentially total control of the federal government (with the MSM serving as the Democratic Party’s unofficialJoseph GoebbelsPropaganda Bureau), there’s bleak news in the coming changes from D.C.
But when I’m served lemons, I try to make some lemonade. It wasn’t easy, but I brewed up a tasty glassful of this beverage.
One new tax that Bidenet alplan to impose is a net 12.4% “Social Security tax” on earned income above $400,000. In truth, it’s just a tax on high wages, with ZERO benefit to those rich folks who pay it. They will not get one penny more in SS benefits.
*** IMPORTANT SIDE NOTE:We already have this policy for higher end wage earners. Undercurrentlaw, the employee and employer each pay a 6.2% SS pension tax (12.4% for the… Read More