Big Beautiful Bill

[Anonymous]

Anonymous wrote:

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Anonymous wrote:Poor and middle class spend their money when they have it. Their needs and wants lists are long. They pay taxes on it when it’s earned, and again on the things they buy.

Rich people hoard it, hide it in tax havens, yachts, loophole purchases, and even foreign countries. Or just as bad, they use it to hoard real estate which drives up the cost of housing. And worst of all, when they get ultra rich, they buy politicians and elections which negatively affect us all.

Have you ever heard of real estate taxes? I have not seen any exemption for expensive homes.

DP. You don’t know what you’re talking about. PP said they’re hoarding real estate. The rich use the strategy buy, borrow, die. They’re leveraged in tax loopholes wrt real estate.

Please describe these loopholes which allow owners of expensive homes to avoid real estate taxes?

Someone already did that upthread.

[Anonymous]

Those of you defending the ultra rich need to read The Haves, and The Have Yachts.

[Anonymous]

Anonymous wrote:This is how to process works. Congress writers laws, lawsuits are filed, and courts interpret the laws to fix problems with the laws or strike them when they are unconstitutional or otherwise problematic.

A judge has ordered the executive branch to ignore federal law. To spend money that has not been appropriated by Congress.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is how to process works. Congress writers laws, lawsuits are filed, and courts interpret the laws to fix problems with the laws or strike them when they are unconstitutional or otherwise problematic.

A judge has ordered the executive branch to ignore federal law. To spend money that has not been appropriated by Congress.

No. The BBB is not an appropriations bill.

[Anonymous]

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Anonymous wrote:Bbb mainly rolls back all the increases Obama jettisoned in during his first term - higher income levels for food stamps, illegal alien benefits, etc.

It also partially repealed the ACA. Without any replacement.

Republicans will reap what they sow.

Which didn't exist earlier, somehow without billions of deaths of poor people.

Some deaths and many many bankruptcies from medical debt.

A poorer sucker country. In order to pay for tax cute that are not stimulatory.

Galling.

So you have more money due to tax cuts, but don't do anything with it? You don't spend it on goods or services produced by people who earn their livings by providing those goods or services? You don't invest it in companies which hire employees to produce desirable goods and services so they can make a profit while employing people? You just bury your tax savings in your back yard? Seems improbable, but if you say so, it must be true, and in that case there would indeed be no tricking down of your increased wealth.

George Herbert Walker Bush called Reagan's supply side economics "voodoo" - there is no truth to "trickle down" and never has been. An economic myth that has destroyed the middle class, destroyed the US fiscal balance and has handed Russia and China global victory without firing a shot.

So nobody spends any of their money, so it never changes hands. Seems improbable. If people do spend money, which seems more likely, where does it go? Common sense would suggest it goes towards goods and services provided by other people, and therefore "trickling" somewhere, but maybe you know better.

And when you put more money in the hands of the lower and middle classes, more of that money gets cycled through the economy. When you put it in the hands of the 1%, it simply gets horded. You don't have to believe me, but you should believe the GOP economics of the last 35 years which has proven the case time and time again.

Ah, ok. Only rich people bury their money in their back yards. Got it. Funny, I would have thought that they spend and invest it like other people - buying goods and services, and investing in companies which have employees and which themselves buy goods and services to support their own activities. How silly to think that "the rich" don't do those things at all. I guess they don't run companies, drive cars, live in houses, employ other people, purchase food, engage in philanthropy, pay taxes, or do anything else which would cause them to loosen thir grip on any of their money.

I'm surprised people are still willing to try to educate you on the facts of life. I'd rather you MAGAs find out the hard way what's about to happen.

Seems like the "facts of life" elude you. Econ 101 would be a good starting point for you, not reading more Marx and Engels.

When someone says this it’s plain to see that they never got past 101, nor did they take any history or sociology or philosophy. It’s just typical maga ignorance.

We all vote our values. Dems are concerned with what is actually going to hurt red states and MAGA more than they worry about themselves.

This bill is really scary no matter how much you want to admit it. I work in clean energy. Thousands of people are going to lose their jobs in red states.

Whether you care about clean energy or not, the reality is that it is the cheapest energy source. South Dakota gets more than 50% of their energy from wind. TX has more renewable energy than any other state. Before Trump, it was energy. Now all of a sudden it's the green new scam.

Most people on medicaid already work. Now, they will lose their coverage and we will all pay for it through our increased premiums.

The pork in the bill is incredible. You lay off thousands of federal workers, put all of our lives in jeopardy (TX floods) under the guise of cutting the budget, and then add $3T to the deficit.

Make it make sense.

[Anonymous]

Florida and Texas had close to 30% drop in Medicaid enrollment the past few years, and no one seemed to notice.
I think the Medicaid cuts in this bill will not be a big deal.

[Anonymous]

Anonymous wrote:Florida and Texas had close to 30% drop in Medicaid enrollment the past few years, and no one seemed to notice.
I think the Medicaid cuts in this bill will not be a big deal.

You are delusional. TX is already a cesspool of care. Why anyone lives there is a mystery. States are going to get hit hard.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Florida and Texas had close to 30% drop in Medicaid enrollment the past few years, and no one seemed to notice.
I think the Medicaid cuts in this bill will not be a big deal.

You are delusional. TX is already a cesspool of care. Why anyone lives there is a mystery. States are going to get hit hard.

At one time, Texas had the largest percentage of people without health insurance coverage who private pay at doc-in-the-box clinics and get emergency care covered at the public county hospitals and it worked well. But health care keeps getting more expensive. And poor people remain poor. That's why the Medicaid expansion was a great idea, it took pressure off the county hospitals (which have closed in the DMV years ago).

Now? Well ...

[Anonymous]

[Anonymous]

Makes sense...