Friday, December 2, 2022

ANOTHER DEMOCRAT 'Jingle Hells' CHRISTMAS!

 THE MAX ALLEN REPORT

Volume #120222-1615                             December 2, 2022

ANOTHER DEMOCRAT CHRISTMAS

Record inflation and interest rates have people financing Christmas

Thanks Biden!  Thanks especially for the inflation, supply chain interruptions, interest rates, and a host of other problems you have personally dropped in America's lap!  Hell, you're immune to economic ills thanks to huge financial influx from your brat Hunter!  When was the last time [if ever there was one] that you sweated a utility bill or had to buy less meat for a month?

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NEVER YOU '50-YEAR' BOTTOM-FEEDER!

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With the Democrats and their 'Marionette President' [let's not forget Nazi Pelosi's influence] the United States has slidden further downhill in the past 22 months than in the previous 20 years!  Like a rocket sled on rails, a SpaceX launch, snot on a hot sidewalk we're sliding out of control and at the end of this slimy spit-strewn slide is the oblivion of socialism.

Say Hello to Lenin, Mao, Trudeau, and any other mentionable socialist.  We're fast approaching the single greatest life decision a people can make.  You blew it on the mid-term elections!  With all the aplomb of a mentally retarded 6-year-old you either didn't vote, or you voted your party and not your conscience.

It's pretty damned obvious that Joe Biden is a bumbling clown, completely unaware of what he said even 2 minutes ago!  And as my sainted grandmother used to say; "If brains were dynamite, he couldn't blow his nose!"  And there's some truth to this.  We've come a long way haven't we?  When we see mentally handicapped people, we feel sorry for them.  Sympathy is natural when you see someone confined trapped in his own head.  This is usually the case anyway.

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NO SYMPATHY FOR VILLAINS

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When we see a villain or other ne'r-do-well failing either physically or mentally it's really hard to feel sorry for him.  Such is the case with Lyin' Joe Biden, a villain in cognitive decline, slowly sliding down the ramp of incompetence and insanity.  A man far too friendly with children and anyone older than 5 years, there is more than concern.  There is contempt.  Of course, morals are the furthest things from the under-populated moral chest of Joe Biden.

Today, as with Democrat Christmases in the past we see skyrocketing interest rates and record inflation both digging deep into the pockets, hopes, and dreams of the American people.  As with all Democrat Christmases, Americans are forced to dig deep into their credit cards to satisfy the Christmas wishes of family and friends.  IT WASN'T ALWAYS THIS WAY!

https://nypost.com/2022/11/25/shoppers-financing-holiday-gifts-as-inflation-hits-budgets/

I can remember Democrat Christmases when it was common practice for most Americans to max out credit cards for Christmas.

I remember seeing this tendency drift away, a wisp of smoke on the economic front, during President Trump's administration.  More and more Americans celebrated the holidays with 'cash on hand' or mostly 'moderate use' of their credit cards.

The watch word here is 'moderate'.  So, what about it?  How can it be stopped?  First of all, you can forget the bogus promises of lying politicians.  When Joe Biden promised to forgive all student debt, he got a lot of votes from the Millenials and others swimming in student loan debt.  Of course, this debt is entirely self-inflicted and it's only fair to honour your debts.  Of course, with today's morality the thought of honouring a debt or keeping a promise has found itself on the back burner of the souls of many.

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A DEMOCRAT CHRISTMAS PROMISE BROKEN

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I know a woman 10 years out of college who still owes $62,000 in student loans.  With worthless 'liberal arts' majors from an equally mediocre college, she has made no serious efforts to pay off this debt.  In her case it's obvious she was just 'dodging the responsibilities of adult life'.  In the words of far too many college students; "Stay in school as long as you can."  Using loopholes in the student loan process she [like millions of others] has managed to duck her duty to Uncle Sam.

Click here:  https://search.yahoo.com/search?p=what+is+gift+income+tax+on+10%2C000+dollars&fr=yfp-t&fr2=p%3Afp%2Cm%3Asb&ei=UTF-8&fp=1

When Joe Biden ran for president, this pushed her to vote for Biden because he promised student loan relief.  Greedy and without a moral sense of duty she voted the 'D' ticket.  Look what it got her!  She recently voted 'D' again in the mid-term elections because of the continuing promise by Democrats to wipe out student debt.  Of course, the mainstream media has failed tell these mindless amoral drones about the IRS complication.

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BEWARE THE IRS COMPLICATION

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According to the IRS, any reduction in your student debt will count as 'gift income' and will be taxed!  The first $10,000 will be taxed at 18%.  The next $10,000 will be taxed at 20% and the rate goes higher as the amount of loan forgiveness goes higher.  What does this mean?

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BREAK OUT YOUR CHECKBOOK AND CLENCH!

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It means you'd better be ready to cut Uncle Sam a check by the middle of April or face 'the wrath of government'.  For example, if you only get $10,000 of your debt forgiven, you'll still be writing a check for $1,800 to the IRS.

Oh what the hell, if you have $20,000 forgiven then the IRS wants $3,800.  If you really want your student loans forgiven get ready to write checks and ... they'd better not bounce!  That'll get you in jail faster than playing bumper cars with a policeman.

In light of all this 'good news', I hope you still manage a Merry Christmas and, if you're among the horribly confused and amoral masses who support the Democratic Party, I wish you to instead rot and burn in Hell ... Where you belong!

I'm Max, and that's the way I see it!

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