/biz/ - Business & Finance

[Anonymous No.23793431]

Does Biden benefit me if I'm just starting out on real estate rentals?

[Anonymous No.23793443]

>>23793431
Well when you can no longer say no to nigger tenants on subsidised rent and your neighbourhood turns into a slum you tell me

[Anonymous No.23793445]

>>23793431
Learn Espanol and you got a bright future mate.

[Anonymous No.23793467]

>>23793431
Biden is weak to even consider thinking he won ngmi

[Anonymous No.23793493]

>>23793431
Only if you become a slumlord.

[Anonymous No.23793563]

>>23793431
Oh fuck. You all tricked me into voting for Biden, but we've gone and fucked ourselves now. Why the fuck didn't I read this before I voted. Can I leave the country?
>inb4 have sex
It isn't happening

[Anonymous No.23793604]

>>23793563
WTF?!?

[Anonymous No.23793685]

>>23793563
You forgot a few:
eTax- An extra 5% tax on all digital goods.

Vending machine tax: Vending machines will have a small blade in the slot where the bills go. Jt slices off 10% of the bill as tax.

Transfer Tax: Every time your wallet leaves or enters your pocket you have to pay 2% of what is currently in it as a tax.

[Anonymous No.23793705]

>>23793563
>>23793604
It's fake.

[Anonymous No.23793847]

>>23793563
A bachelor tax has been attempted many times in US history, so I would not be surprised if they try it again. And the retarded simps will gobble it up too.

[Anonymous No.23793897]

>>23793563
Obv fake, but Bidens tax plan will still rape everyone.

>>23793493
This is the case, as there will be trouble with suburban and "gentrified" (aka un-ruined) urban prices during the population replacement scheme. The way to make money will be, as is ancient landlord tradition, buy the shittiest, most ghetto housing you possibly can, dress it up as cheaply as you can, calculate a week's wages at full-time poorfag wageslavery levels (in modern society we just use the area's minimum wage, and don't account for part-time workers or diversity-welfare receivers, just let them sweat and they will come up with your money anyway), and rent out the living space for approx that amount per bedroom per month. So if your victims are a community of people who wageslage literally constantly for scraps in the tune of $1,600 a month, you would want to find a 3 bedroom house fitting the description above (more bedrooms = easier to rent out, as these people need to live with strangers and non-family members to survive) and charge $400 per room at $1200 per month.

Your mortgage and annual taxes will come to several hundred monthly and you can mostly stall and delay tenant requests if they are N's or pot smokers because they will never contact authorities. In the event that you are forced to make an expensive repair, you have two options. If you agree with the necessity of the request you can complete it and maintain your property's value, but if you disagree and only feel the need to comply as a legal bare minimum, you can literally pitch and send a street N to do it for next to nothing and send you pictures to collect his payment. I've seen this system in action, multiple states, multiple slumlords, it's a template.

[Anonymous No.23793924]

>>23793563

"""Tax Foundation:

Democratic presidential nominee Joe Biden would enact a number of policies that would raise taxes on individuals with income above $400,000, including raising individual income, capital gains, and payroll taxes. Biden would also raise taxes on corporations by raising the corporate income tax rate and imposing a corporate minimum book tax.
Biden’s plan would raise tax revenue by $3.3 trillion over the next decade on a conventional basis. When accounting for macroeconomic feedback effects, the plan would collect about $2.8 trillion the next decade. This is lower than we originally estimated due to the revenue effects of the coronavirus pandemic and economic downturn and new tax credit proposals introduced by the Biden campaign.
According to the Tax Foundation’s General Equilibrium Model, the Biden tax plan would reduce GDP by 1.62 percent over the long term.
On a conventional basis, the Biden tax plan by 2030 would lead to about 7.7 percent less after-tax income for the top 1 percent of taxpayers and about a 1.9 percent decline in after-tax income for all taxpayers on average.