Biden stepping down - now what? (1 Viewer)

[zztop]

I feel like this deserves a separate topic.
What will be the plan for the DNC?
How will this all shake out?

 

[LA - L.A.]

More than $5 million per hour with these estimates...

Small donors are a good indicator of voting, even better than polling. Every one of those donors will vote for Harris if she's on the ballot.

 

[Incumbent]

Support is lining up.

https://www.reuters.com/world/us/all-50-democratic-party-us-state-chairs-back-harris-sources-2024-07-21/

 

[Incumbent]

 

[LA - L.A.]

$27.5 million raised in the first five hours.

So what? Trump raised $27.5 billion in half that time. Just ask him. /s

 

[Incumbent]

Because MAGA likes to invoke God

Online comment: “God let that bullet miss Trump so he could get beat by a black woman.”

 

[GrandAdmiral]

One thing I've realized with the double/triple reporting, we need to merge threads...

 

[GrandAdmiral]

In other words, those elites need to get in line.

 

[Incumbent]

In other words, those elites need to get in line.

I like that key figures are coming out quickly to get ahead of inevitable media narratives encouraging an open convention.

 

[J-DONK]

Because MAGA likes to invoke God

Online comment: “God let that bullet miss Trump so he could be beat by a black woman.”

The shooter victim's wife describe herself as a "Devout Republican".

It's totally not a cult.

 

[Semper]

The 1% pay half of all federal income tax. The top 10% pay 2/3rds of all federal income tax. How much more do you want them to pay? Honest question. Should the top 10 pay 100% of the taxes and the lower 90 pay none?

This is why a flat tax is the only way at to revamp it all.

I like the flat tax idea on the surface but would like to see more info.

 

[LA - L.A.]

I like the flat tax idea on the surface but would like to see more info.

The biggest resistance to a flat tax comes from the upper 20% income bracket. That means they are paying less of percentage of their income in taxes now, than they would with a flat tax. Warren Buffet has repeatedly said for years that his secretary pays a higher percentage of her income in taxes than he does.

 

[MT15]

One thing I've realized with the double/triple reporting, we need to merge threads...

Merge doesn’t work on this board, at least not very well. Maybe just start a new thread for the General?

 

[LA - L.A.]

Hoping this is true:

Democratic leadership on Capitol Hill is currently not weighing in on whether Vice President Kamala Harris should be the party’s presidential nominee to avoid the appearance that they are forcing her candidacy onto the voters too quickly, according to two sources familiar with their thinking.

As dozens of Hill Democrats back Harris, here’s why key Democratic leaders haven’t yet weighed in | CNN Politics

Democratic leadership on Capitol Hill is currently not weighing in on whether Vice President Kamala Harris should be the party’s presidential nominee to avoid the appearance that they are forcing her candidacy onto the voters too quickly, according to two sources familiar with their thinking.

www.cnn.com

 

[J-DONK]

The biggest resistance to a flat tax comes from the upper 20% income bracket. That means they are paying less of percentage of their income in taxes now, than they would with a flat tax. Warren Buffet has repeatedly said for years that his secretary pays a higher percentage of her income in taxes than he does.

It's dumb. It's always been dumb. There is a reason no one does it.

What he isn't talking about is wealth distrubtion. The top 1% have 30% of the wealth. The top 10% have 66% of all wealth.

Krodwhodat would want the bottom 1/3 of wealth to pay more. Why?

This is for a different thread, but I can give a bunch of reasons why income inequality is bad for democracy.

 

[J-DONK]

Hoping this is true:

As dozens of Hill Democrats back Harris, here’s why key Democratic leaders haven’t yet weighed in | CNN Politics

Democratic leadership on Capitol Hill is currently not weighing in on whether Vice President Kamala Harris should be the party’s presidential nominee to avoid the appearance that they are forcing her candidacy onto the voters too quickly, according to two sources familiar with their thinking.

www.cnn.com

Obama is extremely slow to endorse. He reportedly was the driving force to make Joe the nominee in 2020, and still waited to endorse publically.

 

[LA - L.A.]

It's dumb. It's always been dumb. There is a reason no one does it.

What he isn't talking about is wealth distrubtion. The top 1% have 30% of the wealth. The top 10% have 66% of all wealth.

Krodwhodat would want the bottom 1/3 of wealth to pay more. Why?

This is for a different thread, but I can give a bunch of reasons why income inequality is bad for democracy.

Last I saw a few years ago, the top 20% has over 80% of all wealth. It's completely inverted vs the population.

 

[MT15]

Last I saw a few years ago, the top 20% has over 80% of all wealth. It's completely inverted vs the population.

Historically this trend cannot continue. It leads to very bad things happening.

 

[zztop]

I like the flat tax idea on the surface but would like to see more info.

I used to be all aboard on the flat tax train too... I think it was Steve Forbes - A multi-millionaire (this should have been my first red flag) - who made it a campaign promise, and where I first learned up the concept. Who doesn't like simplicity in taxes, right? Over time I came to learn flat tax heavily favors the rich