IF biden wins

IF biden wins... how will it effect stock market and crypto? i know nothing about biden. is he a stock pumper like trump?

Attached: biden.jpg (992x558, 48.5K)

Other urls found in this thread:

reuters.com/article/us-usa-trump-gm-idUSKBN14N11K
twitter.com/SFWRedditVideos

he won’t win

a fucking 80 year old senile pedophile

We're talking about Biden, not Trump.

sigh cant you guys answer the question. Ive asked this a few times and everytime it becomes off topic

Sounds like the kind of a man burgers would elect

He's got a good chance of winning, depends on how bad corona gets. Drumfies are just as bad as le blue wavers when it comes to "we're gonna win 100%"

Economically he’d actually probably be good. Corporations and the top earners have been getting away with paying virtually no taxes for ever. Amazon paid zero taxes last year and wanted the government to give them 3billion to build an HQ. I would anticipate Democrats to close several loopholes like the carried interest one. Also access to healthcare and education would likely be improved.

Taxing companies doesn't improve the economy dumbshit, that serves a different purpose. It finances the government.

economy is not the stock market.... so biden is good for economy & bad for stock market??? or??

The market would go down from September to January, and then he would give out a bunch of gibs and take credit for bringing the economy back on its feet, even though it's his rise in the polls and election that brought the market down in the first place.

Because nobody fucking knows. The markets do whatever the fuck they like, if a worldwide pandemic didn't change that, a different shade of boomer won't either.

The lack of self awareness is incredible in this post.

he won't win. Murricans love Trump

Yeah and making it so your peons can actually afford to spend money on consumer goods instead of medical debt tends to keep the economy going

Business growth is more important for the economy than Shaniqua getting $10 more in her bank account every month. I'm not saying some forms of tax and spend don't help but this assertion that "we're going to tax corporations" is automatically economically positive is just wrong, that isn't why it's done.

will Biden turn up the money printer. or turn it off? will he effect the money printer???

Attached: moneyprintergobrrr.jpg (800x450, 57.5K)

biden yes

at least trump is young and senile and no pedophile and fuckin hilarious how he trolls the establishment.

AFFECT for christ's sake. just never use "effect", the word exists but you are incapable of building a sentence where it would be used.

communists are bad for everything most of the time

i think it wouldn't make a major difference
this dude is a globalist so he would favour and suck of the big corps in whatever jurisdiction they lie in return for favours
the only difference is trump wants to bring them back to US soil so imo the gains would be bigger under trump

>reuters.com/article/us-usa-trump-gm-idUSKBN14N11K

No matter who wins, we're getting a geriatric pedophile with dementia.

>shaniqua gets $2/hr more
>spends it on services that stimulate growth

>corporations get 1 trillion from tax cuts
>spend it on stock buybacks, enriching the executives
>go bankrupt 4 months later and demand another trillion in government bailouts

Hmmmmmm

Ah here we go....”taxing mega corporations and billionaires is communism”. The memes are real.

The current lower-tax paradigm was working positively pre-COVID. There's no reason for us to have odious corporate taxes and discourage growth and onshoring. It's not all buybacks and you know it.

Attached: wagegrowth.png (895x555, 296.23K)

Income taxes exclusively affect the working class. The mean income of the top 0.1% of income tax payers is $1.5m/year, which is high but not even close to billionaire tier, more like a doctor in New York City. Nobody in the working class should have to face punishment for waking up every morning, going out and earning money.

Billionaires earn money from capital gains, totally different tax structure. And they smartly promote income taxes so that the stupid peons shoot themselves in the foot.

probably the other way around. he's bought and paid for by big banks and big biz, so the stock market will likely be fine. he'll probably trash a lot of jobs through regulations, immigration, and offshoring

Biden says he'll tax the rich because that's what will earn him votes from Bernouts and young people. He'll close some meme loopholes that will change almost nothing and still allow corporations to grow since he is and always has been a corporate Dem with corporate backing. He may pick and choose some sectors though, oil and gas will definitely suffer without Keystone but he may divert the attention to renewables which might become a decent buy in that case. But he's not going to tank the market like Bernie would have, it may not be as bullish but it'll definitely be more stable than Trump destroying your portfolio with a single tweet.

That’s a result of stricter immigration and a tight labor market. The average America is still living paycheck to paycheck and you know it. Trickle down disproportionately benefits those at the top. Wages stagnated under the low tax institutions of Reagan and GWB. Even the CBO said most TCJA gains went to buybacks and not new investment or raises.

cronyism as per usual, nothing changes.

Corporations love immigration and offshoring FYI.