Episode 930 - Georgia's Run-Off Vote Affects All Americans

Michael Lodge - Wealth, Business & Taxes

The tax breaks that each American received the last two years ends in 2025. However, if Georgia votes blue and puts the control of the United States Senate in the hands of the Democrats higher taxes will start 2021 because now they have the control of Congress and the Senate with the promise from Joe Biden to raise taxes on all Americans. If Georgia sends Democrats to the United States Senate the country looses the balance of power and bad things can happen to each of us in America. Let me tell you, if my taxes goes up, the taxes on my business goes up, I am hold Georia responsible. Right now, with Covid, it has wiped out 60% of small business, they are gone. With higher taxes on small business and all Americans it will cause a decline in hiring, businesses will not be spend money on capital, the country will again go into a pause mode - not knowing what government is going to do to small businesses and all business in general. We need to be able to hold the tax programs that we have in line for at least 2025, when they expire. We need to protect our family and business finances with lower taxes. Right now in America Wall Street is moving money out of this nation because they are afraid of what the Biden administration can do to their cash and businesses. Which means that once again business will start looking for countries where taxes are lower and regulations don't kill them. Here we go again, just as in the Obama administration companies left the United States it has already started again because business is afraid of Biden and his unknowns of higher taxes and red tape to do business in America. Four years of gains gone with a blue vote in the office of President. And now Georgia holds Americans in the balance of their vote for people going to the Senate. America, Georgia is the state that will make us or break us over the next four years. Let's hope that Georgia votes for the American people instead of a party that has already promised - higher taxes and more regulations. Georgia - your vote is for America, not just Georgia.
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