What Will A Biden Win Mean For The Auto Industry?

Higher taxes equals = less disposable income = delay in new car purchases.

The Big Orange Baboon Better get a UHaul ready, judging on his sharp drop in networth and half a billion owed to the Russians and Chinese he won’t be able to afford fancy movers

BYE BYE Donnie and take Maleslutia with u!

Dream On loser... never got over 2016 blow out loss huh? Loser... go burn your city down... Trump will win and Biden will get what he's deserved for probably 20 of his 47 arrogant years of doing nothing right. Always on the wrong side of Foreign Policy for 47 years... Guys an arrogant blow hard. His moron toad crack head son will be his undoing... Trump works his @$$ off for free, does 3 rallys per day and works his life out for YOU. All liberals are stupid cowards...

Gotta love the DemRats, THEY picked their 16 candidate as the people were going for Bernie, then again Bernie gets tossed for Quid Pro Joe... they don't trust the people... typical arrogant socialists... WE know more than you deplorables, WE will choose and you will do what we say... you're bourgeoisie get to your Wal-Mart future while we tax you to death and line our pockets with our "public service" (Pelosi, Schumer, Quid Pro Joe, Pocahontas, Bernie, Swalwell, Schifty, "The ClintStones", Barry and Company... the pathetic clown parade is endless...

LMAO the retardicans are more delusional than ever, happy Americans are dumping trump to make sure our country doesn’t go bankrupt like all his failed businesses trump casinos, trump airlines, trump university, trump magazine, trump steaks, trump wine, trump travel agency LMAO!!!!

Keep smoking turd breath, you idiots are so smug and arrogant... you're all liars, cheats, thieves and cowards.
YOU LOST in 16 and this candidate is even worse... the only problem with the coming Trump landslide is listening to Libturds scream, cry, belly ache about "fairness" and "equity" at someone else's expense. There won't be burning cities because 45 will smash violence and rioting... :-) Why don't you fools move to a fairer more equal country.... idiots.

To show you how racist and unintelligent the African Americans who are voting for Cumala Dolezal really are, reflect on how they are voting for a woman who pretends to be African American and a former "po black chile" when the knob-bobbing charlatan is neither.

LMAO Unintelligent? Your one term president couldn’t even pronounce “Yosemite”! HAHAHA the big orange baboon is a bigger joke than his brainless retardican followers.

Waive bye bye to the failure business man turned reality star, it’s OVER, he has embarrassed and drained America of our resources enough

Deport his wife and send him to China

And the moron with black privilege snapped on the bait too unintelligent to resist.

Says the used Hyundai salesman LMAO! These retardicans are so entertaining

That was impotent. Consult a urologist.

Right after u check in to your AA meeting

You try so hard, but you just can't deliver. You need to realize that you're outgunned.

Lol Mdelusional has been taken verbal beatings from me for a while now...I think he’s lost all sense of reality

A Harris/Biden win is a win for any business that is willing to pay bribes and engages in corruption as part of its business model. The big winner will be China as the Biden Crime Family will continue to sell off our country to the ChiComs.

A Biden win is also a win for pedophiles.

Cumala Dolezal the fake black woman will be president after Biden is Clintonized in the first part of 2021.

In a word: decimation.

Did you all hear that joke that starts out "A pedophile and a pole polisher walk into the White House..."

No but "The senate walked into a bar and lowered it"

Wow. Didn't realize how many QAnon nut jobs post on this site.

Kidding. Of course I did.

You rubes will believe anything. Lol.

I can already hear your heads exploding on November 3rd.

I don't think taxes will change for many people on the site if Joe gets elected ($400k+ annual income, and we all know there are workarounds to get around taxes if you're making that much anyway). Hopefully he reverses the Trump tax INCREASES (cap on prop tax deduction) in CA and NY. There could be some upside for the EV/green auto industry, but I don't expect many changes overall.

I don't like either but voted for Joe, I can't stand this clown anymore and thought it was the least worse option. All extremism sucks, but throwing about logic and science entirely is going too far for me and outweighs my libertarian financial ideals.

Also on the 11 key measures for California this year, I sided with the Republicans on 5 and Democrats with 6. I'm right in the middle now and have voted for a mix of Republican and Democratic presidents in the past.

Whatever happens, the US auto industry will be fine.

The money is with the middle class... The Swamp will pull a Bill Clinton who ran on middle class tax cut, then after he was elected said "I've worked harder than I've ever worked and I cant give you that cut, I have to raise your taxes"... which was his plan all along. He lost both houses of Congress after his 1st 2 years for the first time in 40 years. He then smartly signed everything Newt Gingrich put in front of him the next 6 years and takes credit for anything that went right.. he was a new scandal every week.... pathetic degenerates...

When tax rates on corporations and businesses are increased, then employee wages raises are slowed or stopped. Slow Joe also wants to do away with many income tax deductions which not only affect the so-called rich. The massive capital gains tax increase will hurt many. Slow Joe also wants to do away with deductibility of 401k plans. He's basically given in to the Bernie Sanders wing of the democratic-socialists. Estate tax exemption will probably get reverted back to $1.1 million. That means the government will take 55%+++ of anything you leave to your kids over $1.1 million. The Wall Street Journal has calculated that the average American family will suffer a $6500 loss of income annually under the Harris/Biden/Sanders tax plan.

For the 401k, the tax credit would still be there, it would just be capped at 26%. So if you're making less than $160k single or $321k married, wouldn't even apply. Plus, a Roth 401k is a better investment if plan to make more money in the future.

https://www.cnbc.com/2020/09/22/biden-calls-for-401k-tax-break-overhaul-what-it-means-for-you.html

They need to leave the peoples private retirement accounts alone. If one puts more into the account they get more than the one that doesn't. The companies that add to that will be restricted on what they can give and this will be a dis incentive which means many companies will stop providing the option to employees.... which is the DemoRat plan, make you NEED gubment and make you a slave to them... They are such pathetic arrogant cowards...

The first thing everyone should realize is they are NOT voting for Biden. If he wins, he will take the oath, check the box as #46 but will either resign for health issues, or the on going corruption scandal. And it won’t be the Republicans that force him out, it will be the Democrats to insert their unelectable hand picked President.

This has been the agreed plan among the party elites, Harris will be an image President Woman of Color, but there will be a shadow government actually running things consisting of Obama, Holder etc. the Socialist wing of the Party will have enormous influence on the direction of policy. All the investigations like Durham will fade away, this will happen by 2022. Then you’ll see a push in 2022 for Obama to be elected as UN General Secretary when Guterres term ends.

I can't wait to call Cumala Dolezal the half-breed blow job queen because all of the people who called Trump the orange baboon are totally ok with vicious disrespect. This will be fun.

Doing away with the 401k will massively hurt many many people. High income earners are required by the safe harbor provision, to contribute to their employee's 401k plans. Take away the incentive for those high earners to contribute to a 401k, and their employees get nothing. A study was released that showed that for every 1% increase in corporate taxes, there is a corresponding 0.5% decrease in employee wages. The democratic tax plan will hurt everyone.

It amazes me how so many Republicans know exactly what Biden is going to do when in fact he has not established that yet - nor does he know the makeup of the Congress yet as well. Statements made by candidates are most often wishes that have to be fleshed out - I note that we were to have a cheaper and better national medical Plan long ago from the 2016 Republican Candidate - and we still do not have any particulars.


The fact is - while Trump reduced the Emissions regulations temporarily in the USA - Europe and the Far East did not do that - actually theirs got stronger. The players here did not get a pass so they are not behind the curve.

Until we know what the Covid Virus intends to do - or have a vaccine and treatment - there remains an uncertainty that no one really has the answer to.

Shut up.

We know that remdesivir works. We know that when given early in the disease cycle, hydrocholorquine works. We also have multiple vaccines in the pipeline. Medicine has learned a lot about the treatment of covid over the past several months. We do have effective therapies at this point. The disease is deadliest to those with co-morbidities and those who are very old (who tend to have co-morbidities). My guess is we are past the most difficult part of this disease cycle.

As for emissions, why should America sacrifice our economy while the world's biggest polluters (Russia, China, India) don't have to abide by the Paris Accords until 2030? Emissions rules should apply to all countries simultaneously.

At the debate tonight, Biden emphatically stated that he intends to end the oil industry. That means the loss of millions of jobs, the loss of American energy independence, and the destruction of much of our auto industry. His Green New Deal will cost up to $93 billion in the next decade, at a cost of $600k for each family. That affects all of us at an extraordinary cost.

The sacrifice isn't the economy, it's people's health in dense cities. Should just do a carbon tax based on pollution for each metro. A low density metro with a lot of vegetation should be more lenient towards pollution vs. LA/NY as an example.

Better get a few good pairs of walking shoes. You know they will ban all cars, motorcycles, airplanes, boats, and maybe even bicycles (dangerous). Of course there will be an exception for pedophiles who own pizza places or register as part of the "deep state".