We are nearing towards election time and the virus is getting worse by the day. United States under a lot of pressure as we already foreshadowed everything being hectic due to the virus and election day upon us.
Since last post oil has fell and remains down do to Covid-19 pandemic. Electric cars are starting to go into full swing with new production of Teslsa and gold companies are seeing a boost in stock price.
What is to happen moving forward? Where will the United States end up after the election. Simply boils down to who wins this presidential election moving forward and quite possibly the biggest election yet. There seems to be a lot riding on this election and the fate of the US as I see it. I vote republican however, if you vote democrat that’s a valid candidate as well as I like to be open minded towards both parties not vote one way blindly.
Why would you vote for the Dem Canidate or why would you vote for Republican. I make decision based upon what is best for our countries economy and well being moving forward. One could argue all day that their canidate is the best due to XYZ but, the end of the day right is right and wrong is wrong. People depise are president now due to his lack of presidential manner or the fact they don’t like the person that is in the seat. Which is fine to do but, one must look at performance and what has gotten done while the person is in office. Although he can be inappropriate at times I believe the man wants what’s best for our country.
You don’t become number one of anything by being a nice doormat for others. Unfortunately we have elected some weak people in the past and may have needed someone who is aggressive to step up and get us back on track. Freedom, one word to never taken lightly. Serving in arm service for a little under six years is an eye opening experience that can tell all. Blessed to be from the United States and not born into a poor third world country where things look scary compared to the U.S.
At the end of the day I feel this is a battle between right and wrong. Looking at the two proposed tax plans shows two completely different stories. Remember the Boston Tea Party was over a 3% tax, just 3%! and the patriots stepped up to take action. The beautiful thing of the United States is being able to come from little by starting a company for $150 and become a success. The problem we face today is that the people have in a way grown too greedy, which in turn forces the hand of the government to step in and help those in need. Obama Care/Affordable Care Act was created because, people needed help getting medical insurance and instead of people stepping up to resolve issues in the United States they turned a blind eye hoping the government will. When the Government steps in it’s never good for a capitalist society. Eventually we will lose are capitalist society due to peoples greed will force the hand of the government to step in and create programs to help others. Raising taxes to the point where all were doing is paying government to take care of us and educate everyone. Freedom is not free, It’s earned through everyone working together to take care of each other.
Tax Plan moving forward is something everyone who enjoys making, having and spending money should be concerned about here. Looking at the differences from Trumps tax plan to Biden’s Tax plan is an ALARMING!!!!.
First three categories Corporate, Income & Payroll, and Small-Business there are around a 10% difference between the two plans. More taxes will stunt growth for new business’s to thrive or even start. Notice in this pandemic big companies like have not shut their doors. However, over 80,000 small business’s have closed funny how this virus can pick and choose who to close down in a way. Peoples livelihood is no joke!
CAPITAL GAINS & DIVIDENDS 23.8% TO 43.4% This by far has to be the most ridiculous thing I have ever seen!!! When you retire with your 1,600,000 how many of you want to pay 43.3% of your long earned retirement back to the Government. A 20%! difference is absolutely ridiculous talk about donating your retirement. In this interview talked how the Stock Market would tank if Biden did get in for this reason alone. Pretty Scary since the fact that if he gets in people will try to pull their investments out before he passes this new tax putting an 20% Decrease on your investment not due to the stock falling but, for just him passing this new bill.
Things are getting heated and be interesting to see what happens moving forward. Either way life will go on as always. Glad to be able to write my thoughts and vent to the unknown people of the world. Regardless of who wins this election it’s going to be a amazing economy in a year or two. You can’t spend 6 trillion and not see an economical boom, its the equivalent of spending 6 years in one. They say for every dollar spent can create three for the power of passing of money through different business’s hands. So this is going to be pretty wild when this pandemic slows down.
Thanks for reading! Wish everyone best of luck moving forward.
HELSE.
