A question for Americans. Which of these two tax plans sounds better to you?

President Biden wants to raise taxes on the wealthiest 0.01%.
That would bring in nearly a trillion dollars into the federal government to pay for vital programs.

OR

Would you rather go with the GOP plan as authored by Senator Rick Scott?
He wants to reduce taxes on the rich and raise taxes by $4500.00 for those families making $50k.

Which do you prefer?

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beckyromero · 36-40, FVIP

Naturally, I prefer Biden's tax plan.

I'd make some tweaks. No capital gains on the sale of your primary residence, for example.

But, by and large, it's a decent plan.

Randi1125 · 31-35, F

@beckyromero

I agree. Unfortunately, it will most likely play out like this- The GOP will win. The taxes will go up. Biden will be blamed, even though it wasn’t his idea.

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beckyromero · 36-40, FVIP

@LvChris

The NFIP covers $250,000 for residential properties and $100,000 for contents, purchased separately and with separate deductibles.

And there's a lot not covered, such as damage by land movement - even if the flood caused the land movement. Temporary living expenses aren't covered, either.

We definitely need some sort of national disaster insurance program.

There are too many patchwork programs that are inadequate for low and middle income families.