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Wall Street bankers: We’ll gladly pay higher taxes to get rid of ‘the existential threat’ that is Trump
MSN ^ | 7/18/20 | Shawn Langlois

Posted on 07/18/2020 9:34:38 AM PDT by amnestynone

Wall Street’s not this amorphous, unified blob, but the majority of people I talk to on Wall Street think it’s worth taking the hit to get Trump out of office. They view him as an existential threat.’ — That’s one Wall Street banker explaining to Vanity Fair in an interview how, from his perspective, his peers are gladly preparing to navigate markets under a Joe Biden presidency. “They’re saying, ‘We’d like to see Biden crush Trump,’” he continued, adding that he doesn’t want Democrats to take control of the Senate. In his world, legislative gridlock is a good thing and voting for Republicans to keep the Senate is basically “making sure nothing radical happens.” The Vanity Fair source gave a nod to Biden despite the fact that the deep-pockets of Wall Street would likely get hit by an overhaul of Trump’s 2018 tax plan because it would means higher taxes for the wealthy and corporations, as well as on capital gains.

(Excerpt) Read more at msn.com ...


TOPICS: Weird Stuff
KEYWORDS: democrats; rich; rinos; taxes
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This is why we need to lower taxes on these wealthy people. The more we lower their taxes the more left they become. It is now survival for conservatives that their taxes be raised.
1 posted on 07/18/2020 9:34:38 AM PDT by amnestynone
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To: amnestynone

I meant we should raise their taxes!


2 posted on 07/18/2020 9:35:22 AM PDT by amnestynone (We are asked by people who do not tolerate us to tolerate the intolerable in the name of tolerance.)
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To: amnestynone

?

They really think they’re in charge

Who’s this ‘we’


3 posted on 07/18/2020 9:37:58 AM PDT by stanne
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To: amnestynone

They taking a hit? Poor babies, lose some commission that supplements their high 6 figure salaries.

What is taking place is the final solution for America’s middle class.


4 posted on 07/18/2020 9:38:08 AM PDT by EQAndyBuzz (Cloward-Piven is finally upon us.)
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To: amnestynone

Once again, proving that big business and big government go hand in hand.................


5 posted on 07/18/2020 9:38:14 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: amnestynone

Add a “I’m a Progressive Liberal: Double my Taxes” check box to the tax forms.

Then go after progressives who don’t fess up for perjury....


6 posted on 07/18/2020 9:39:18 AM PDT by Rurudyne (Standup Philosopher)
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To: amnestynone

Wall Street bankers: We’ll gladly pay higher taxes to get rid of ‘the existential threat’ that is Trump

__________________________________________________

It’s so funny how conservatives once crowed about the virtues of taxing these big-business and banker cretins “fairly”. All the while these self-absorbed merchants were scheming for ways to sell out their countrymen. Seeing them for who they are has been a real eye-opener over these last few years.


7 posted on 07/18/2020 9:39:46 AM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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To: amnestynone

If Biden wins what will happen is that your kids grown up in a dictatorship. A real one.


8 posted on 07/18/2020 9:40:19 AM PDT by The Free Engineer
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To: amnestynone

Someone on here said these people don’t pay taxes to begin with.
They finagle things so that they take out loans to finance their lifestyle.


9 posted on 07/18/2020 9:40:54 AM PDT by GnuThere
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To: amnestynone

What will they pay to get rid of China?


10 posted on 07/18/2020 9:41:33 AM PDT by poinq
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To: amnestynone

We need to end the Federal Reserve. Constant money printing, massive debt, QE and yield suppression benefit mostly political and connected, crony capitalists in Washington DC and Wall Street.


11 posted on 07/18/2020 9:41:48 AM PDT by PGR88
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To: amnestynone

China talking.


12 posted on 07/18/2020 9:42:03 AM PDT by Raycpa
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To: amnestynone

FU Wall Street! Your millionaire-ass vote is worth exactly the same as mine. You and I Are EQUAL!! GTFO of the way of the majority of the American people and their will!


13 posted on 07/18/2020 9:44:14 AM PDT by know.your.why
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To: Raycpa

Indeed.

Booming economy.
Booming stock market.

Wall Street says they see an existential threat? Only because China tells them to say that.


14 posted on 07/18/2020 9:44:17 AM PDT by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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To: amnestynone

Greedy sociopaths


15 posted on 07/18/2020 9:45:47 AM PDT by Stravinsky (Politeness will not defeat the Marxist revolutionaries)
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To: amnestynone

These same Wall Street bankers and financial wizards have also bet heavily on their China investments especially through pension fund and large private clients. If Biden is elected, the CCP bankers will be able to count on the inflow of US dollars to prop up their trillions in losses from failed real estate projects in China. If Trump is able to ban investment in Hong Kong listed companies, the inflow dries up and the Ponzi scheme collapses with the Chinese economy. Goodbye pension funds. Goodbye Wall Street bankers.

The historic floods this year in the Yangtze river valleys may well destroy Chinese harvests this year and accelerate this collapse without Trump’s help.


16 posted on 07/18/2020 9:45:53 AM PDT by Dave Wright
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To: amnestynone

Trump’s tax cut, combined with the SALT changes, was politically disastrous. It caused a massive non-crisis-related increase in the budget deficit and tax increases for people with a bunch of tax deductions that were eliminated/reduced. It’s likely the key factor in the flip to the Democrats during 2018 mid-term election. 2 years later, it’s unlikely that any of the people hit by tax increases has forgotten the annual hit to their pocketbooks (due to a major cut in their deductions). You can say that they deserve to pay more taxes because they live in big-spending blue states. What you can’t do is prevent them from signaling their displeasure by voting against Trump.


17 posted on 07/18/2020 9:48:16 AM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: amnestynone
Is is that Wall Street etc., they are afraid those less fortunate financially will see under President Trump their life has more viable value and purpose...

The Deep State of corporations and other controlling entities of our government can't control President Trump... as they have other presidents and WILL CONTROL JOE BIDEN.

18 posted on 07/18/2020 9:48:59 AM PDT by yoe (Want to HELP the Slave Trade and Drug Cartels in USA? Vote for a democrat........)
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To: amnestynone
Bankers For Biden

Now there is a slogan that will get the Bernie crowd can rally around Biden.

19 posted on 07/18/2020 9:49:51 AM PDT by gunsequalfreedom
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To: amnestynone

Should be Biden’s new slogan: “The preferred candidate of Wall Street Bankers.”

That ought to play well with his Democrat base.


20 posted on 07/18/2020 9:50:51 AM PDT by rightwingintelligentsia (Democrats: The perfect party for the helpless and stupid, and those who would rule over them.)
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