Anonymous wrote:The bill caps law student loans at $50,000 a year. I feel having fewer lawyers is a public benefit.

Until you need one.

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Anonymous wrote:… if they’re not billionaires? They honestly believe that the cuts to Medicaid will only kick out “illegals” and lazy people? That the new higher deficit won’t have a negative impact on the economy and everyday people? I’m really trying to understand how Rep voters believe this. Is it Fox News propaganda? Are they really that gullible?

I give no effs about lazy losers on Medicaid.

There are significant benefits to this bill for the not-rich average American. My DH is a LEO and the no tax on overtime will be huge in our house, we were doing the math on that last night. I expect a lot of middle class people who work an hourly wage will find this benefit substantial.

Deductions for social security is also a big winner.

I am a small business owner and the depreciation of 100% now for equipment is huge. So is the pass through deduction of 20%.

So no we aren’t gullible or stupid, we just know how to read.

The "you guys are fools!" were telling us a mere year ago that Biden was perfectly healthy and that any suggestion otherwise was a "right wing talking point." And any video evidence that he was unsteady on his feet was a "cheap fake." Then they told us that if President Trump were reelected, he would somehow rescind the rights of black people and they would be sent to camps. They said that once he got into office, he would declare martial law. They were urging people to get their passports ready to flee the country! They said our economy would crash and burn. And Biden and Hillary both said that if we elected Trump, it would be our last election ever. Now they want us to believe their vague and unspecified claims that we misunderstand the BBB situation and that actually, by giving us money they will be taking our money. And we, they assess, are the uneducated morons. Lol.

As a black person, I can tell you that he has sent us back decades. I promise you that he would lose the vast majority of black and brown people.

Anonymous wrote:

Anonymous wrote:… if they’re not billionaires? They honestly believe that the cuts to Medicaid will only kick out “illegals” and lazy people? That the new higher deficit won’t have a negative impact on the economy and everyday people? I’m really trying to understand how Rep voters believe this. Is it Fox News propaganda? Are they really that gullible?

The BBB will absolutely benefit the middle class by making tax cuts permanent and eliminating taxes on overtime and tips. I would rather have my hard earned money in my pocket, than have goons like Jeffries or AOC decide where it is to be spent. My money will be spent for the benefit of my children. The goons spend money to stay in power.

Wow, that whole up to $25k is going to change the lives of your children?

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Anonymous wrote:What higher deficit? They largely kept the same tax rates.
There would have been a higher debt no matter what budget passed, as we saw with all the CRs the last 15 years.
This time they managed to corral the conservatives whining about the deficit who refused to vote for any budget bill. Thus they didn't have to go to Democrats for votes and could pass a lower level of spending.

Those tax rates were set to expire because they could not be made permanent under reconciliation the first time around. When passed, Trump and Republicans assumed Trump would have two terms and the Dems would likely handle the fallout.

But now they have to handle it. And instead of doing that, they are making the tax cut permanent at a 3.3T cost of the deficit.

The deficit and debt will increase because these cuts were never meant to be permanent. They are not sustainable even with massive spending cuts. Republicans just proved that the level of spending cuts required to get the deficit under control are not viable politically. The only answer is tax increases, and instead of addressing the issue, they are kicking the can down the road and massively increasing the deficit and rate of increase to the debt.

No. The answer is to stop spending our money! It's not the government's money, it's not your money, etc. It's our money, and they can reduce the deficit by cutting programs that don't improve anything and arent working. All this foreign aid has bought us nothing but the hate of the nations we give it to. Covering medical bills of poor people has brought nothing but a growing "eat the rich" mentality. So no more. You want class warfare- or more accurately warfare between people who want to live and work honestly and those who don't-- you've got it now. We aren't duped. We know what we are doing.

You still don't get it, and you obviously DON'T know what you're doing, because they are going to be spending A LOT MORE of "your money."

Explain to me how, by me being able to keep an additional 66k for every million in income, I am losing money. Please. Be specific.

The bill adds trillions of dollars to the debt. By 2032 the national debt will be about $50 trillion because of this bill.

Taxpayers already pay a trillion interest a year on our debt. 1) your taxes will go to pay even more interest on the debt because this adds to that burden. Interest on the debt is going to increase more. 2) the bill makes the SS trust fund run out a year earlier in 2032. Do you think Congress is going to let a bunch of seniors SS check get cut when the trust fund runs out? Hell no. How do you pay for it? Increase taxes or run even more debt.

SS number of recipients has had a surprising drop recently. Perhaps this is DOGE finding fraud, or perhaps something to do with COVID vaccines.

Removing more illegal immigrants, as this bill does, will lower a lot of costs and boost wages. It will also reduce spending in a lot of government programs.

Illegal immigrants are helping to prop up SS. They pay into but don’t collect from it. Federal law doesn’t allow illegal immigrants to get most federal benefits. Some states use their own state dollars to give Medicaid to them but those aren’t federal dollars Los

People below the 50% of income earners effectively dont pay taxes. So I find the claim that the people detasseling cornfields are sending in billions in tax revenue to be very dubious.

You’re wrong. Federal income tax, state and local income tax, property tax, vehicle taxes, sales tax — and that’s just what I thought of quickly. Lower incomes are actually hit harder by certain kinds of taxes — like sales taxes — because the sums that the taxes represent are a relatively higher percentage of their income.

Taxes are the price everyone pays to live in a civilized society. Even the poor should contribute as part of living and benefiting from these things.

They’re poor: they don’t HAVE money to take. They’re spending every penny the DO have to get by.

So glad I can write off 100% of a private jet now. That will come in handy. This will really help all the blue collar MAGA voters too.

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Anonymous wrote:

Anonymous wrote:What higher deficit? They largely kept the same tax rates.
There would have been a higher debt no matter what budget passed, as we saw with all the CRs the last 15 years.
This time they managed to corral the conservatives whining about the deficit who refused to vote for any budget bill. Thus they didn't have to go to Democrats for votes and could pass a lower level of spending.

Those tax rates were set to expire because they could not be made permanent under reconciliation the first time around. When passed, Trump and Republicans assumed Trump would have two terms and the Dems would likely handle the fallout.

But now they have to handle it. And instead of doing that, they are making the tax cut permanent at a 3.3T cost of the deficit.

The deficit and debt will increase because these cuts were never meant to be permanent. They are not sustainable even with massive spending cuts. Republicans just proved that the level of spending cuts required to get the deficit under control are not viable politically. The only answer is tax increases, and instead of addressing the issue, they are kicking the can down the road and massively increasing the deficit and rate of increase to the debt.

No. The answer is to stop spending our money! It's not the government's money, it's not your money, etc. It's our money, and they can reduce the deficit by cutting programs that don't improve anything and arent working. All this foreign aid has bought us nothing but the hate of the nations we give it to. Covering medical bills of poor people has brought nothing but a growing "eat the rich" mentality. So no more. You want class warfare- or more accurately warfare between people who want to live and work honestly and those who don't-- you've got it now. We aren't duped. We know what we are doing.

You still don't get it, and you obviously DON'T know what you're doing, because they are going to be spending A LOT MORE of "your money."

Explain to me how, by me being able to keep an additional 66k for every million in income, I am losing money. Please. Be specific.

The bill adds trillions of dollars to the debt. By 2032 the national debt will be about $50 trillion because of this bill.

Taxpayers already pay a trillion interest a year on our debt. 1) your taxes will go to pay even more interest on the debt because this adds to that burden. Interest on the debt is going to increase more. 2) the bill makes the SS trust fund run out a year earlier in 2032. Do you think Congress is going to let a bunch of seniors SS check get cut when the trust fund runs out? Hell no. How do you pay for it? Increase taxes or run even more debt.

SS number of recipients has had a surprising drop recently. Perhaps this is DOGE finding fraud, or perhaps something to do with COVID vaccines.

Removing more illegal immigrants, as this bill does, will lower a lot of costs and boost wages. It will also reduce spending in a lot of government programs.

Illegal immigrants are helping to prop up SS. They pay into but don’t collect from it. Federal law doesn’t allow illegal immigrants to get most federal benefits. Some states use their own state dollars to give Medicaid to them but those aren’t federal dollars Los

People below the 50% of income earners effectively dont pay taxes. So I find the claim that the people detasseling cornfields are sending in billions in tax revenue to be very dubious.

You’re wrong. Federal income tax, state and local income tax, property tax, vehicle taxes, sales tax — and that’s just what I thought of quickly. Lower incomes are actually hit harder by certain kinds of taxes — like sales taxes — because the sums that the taxes represent are a relatively higher percentage of their income.

Taxes are the price everyone pays to live in a civilized society. Even the poor should contribute as part of living and benefiting from these things.

Anonymous wrote:Yes, 100%.

My brother is a bartender and a Republican. He voted for Trump. He initially thought the no tax on tips or OT would start immediately and was dismayed to find out those don't start until he files taxes for 2025.

He literally thought this would be done at the restaurant level, not IRS level. Laughable. Even after I told him time and time again it wouldn't be instant money in his pocket, but instead come as a refund.

He feels lied to but is going to trust the process because Trump is such a smart businessman.

I roll my eyes because he'll never see any of that money. He owes back taxes for like 4 years at the federal level and 3 years at the state level. He also owes like $4k in back child support. I tried to tell him that he wouldn't see any refund but because he got refunds during the covid years, he thinks he'll get them again.

Also I believe there are income limits and you lose the option to take the standard deduction.

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What higher deficit? They largely kept the same tax rates.
There would have been a higher debt no matter what budget passed, as we saw with all the CRs the last 15 years.
This time they managed to corral the conservatives whining about the deficit who refused to vote for any budget bill. Thus they didn't have to go to Democrats for votes and could pass a lower level of spending.

Those tax rates were set to expire because they could not be made permanent under reconciliation the first time around. When passed, Trump and Republicans assumed Trump would have two terms and the Dems would likely handle the fallout.

But now they have to handle it. And instead of doing that, they are making the tax cut permanent at a 3.3T cost of the deficit.

The deficit and debt will increase because these cuts were never meant to be permanent. They are not sustainable even with massive spending cuts. Republicans just proved that the level of spending cuts required to get the deficit under control are not viable politically. The only answer is tax increases, and instead of addressing the issue, they are kicking the can down the road and massively increasing the deficit and rate of increase to the debt.

No. The answer is to stop spending our money! It's not the government's money, it's not your money, etc. It's our money, and they can reduce the deficit by cutting programs that don't improve anything and arent working. All this foreign aid has bought us nothing but the hate of the nations we give it to. Covering medical bills of poor people has brought nothing but a growing "eat the rich" mentality. So no more. You want class warfare- or more accurately warfare between people who want to live and work honestly and those who don't-- you've got it now. We aren't duped. We know what we are doing.

You still don't get it, and you obviously DON'T know what you're doing, because they are going to be spending A LOT MORE of "your money."

Explain to me how, by me being able to keep an additional 66k for every million in income, I am losing money. Please. Be specific.

The bill adds trillions of dollars to the debt. By 2032 the national debt will be about $50 trillion because of this bill.

Taxpayers already pay a trillion interest a year on our debt. 1) your taxes will go to pay even more interest on the debt because this adds to that burden. Interest on the debt is going to increase more. 2) the bill makes the SS trust fund run out a year earlier in 2032. Do you think Congress is going to let a bunch of seniors SS check get cut when the trust fund runs out? Hell no. How do you pay for it? Increase taxes or run even more debt.

SS number of recipients has had a surprising drop recently. Perhaps this is DOGE finding fraud, or perhaps something to do with COVID vaccines.

Removing more illegal immigrants, as this bill does, will lower a lot of costs and boost wages. It will also reduce spending in a lot of government programs.

Illegal immigrants are helping to prop up SS. They pay into but don’t collect from it. Federal law doesn’t allow illegal immigrants to get most federal benefits. Some states use their own state dollars to give Medicaid to them but those aren’t federal dollars Los

People below the 50% of income earners effectively dont pay taxes. So I find the claim that the people detasseling cornfields are sending in billions in tax revenue to be very dubious.

You’re wrong. Federal income tax, state and local income tax, property tax, vehicle taxes, sales tax — and that’s just what I thought of quickly. Lower incomes are actually hit harder by certain kinds of taxes — like sales taxes — because the sums that the taxes represent are a relatively higher percentage of their income.

I'm referring to federal income tax. The other taxes you listed to not go to the federal government. The bottom 50% of earners collectively make up 3% of the overall income tax revenue for the nation. So effectively nothing. The upper 50% pays the remaining 97%. I know it's been repeated so many times that the rich don't pay taxes that people believe it, but the data is clear that most of the middle, working, and poor classes do not pay taxes while the rich pay a ton. I don't even buy the idea that the poor are hit harder than the rich once sales tax is included because they pay no income tax, they spend less as an absolute value, etc. On its face, it makes no sense that we could get billions in tax revenue from people folding clothes at retail stores yet this myth goes unquestioned. The data show the rich pay the vast majority of taxes. So of course a tax cut will help the rich-- you can't make the bottom 50% pay less than zero.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is so evil and blatant to start the bill right after mid terms. People are so easily manipulated and duped. I’m scared for this country.

And republicans do this every time they pass a crappy bill. And voters fall for it over and over again.

Check out the "infrastructure" built with Build Back Better.

How much do you pay for health care vs pre-Obamacare?

Were you able to "keep your doctor?"

We’ve had some very necessary infrastructure work in my county because of Build Back Better.

Obamacare meant I could actually GET medical insurance that my previous plan had kicked me off, because of a ‘pre-existing condition’

And, now I had/have a choice of doctors because I actually have insurance!

THAT was meaningful legislation. This is cruel and so so wasteful

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What higher deficit? They largely kept the same tax rates.
There would have been a higher debt no matter what budget passed, as we saw with all the CRs the last 15 years.
This time they managed to corral the conservatives whining about the deficit who refused to vote for any budget bill. Thus they didn't have to go to Democrats for votes and could pass a lower level of spending.

Those tax rates were set to expire because they could not be made permanent under reconciliation the first time around. When passed, Trump and Republicans assumed Trump would have two terms and the Dems would likely handle the fallout.

But now they have to handle it. And instead of doing that, they are making the tax cut permanent at a 3.3T cost of the deficit.

The deficit and debt will increase because these cuts were never meant to be permanent. They are not sustainable even with massive spending cuts. Republicans just proved that the level of spending cuts required to get the deficit under control are not viable politically. The only answer is tax increases, and instead of addressing the issue, they are kicking the can down the road and massively increasing the deficit and rate of increase to the debt.

No. The answer is to stop spending our money! It's not the government's money, it's not your money, etc. It's our money, and they can reduce the deficit by cutting programs that don't improve anything and arent working. All this foreign aid has bought us nothing but the hate of the nations we give it to. Covering medical bills of poor people has brought nothing but a growing "eat the rich" mentality. So no more. You want class warfare- or more accurately warfare between people who want to live and work honestly and those who don't-- you've got it now. We aren't duped. We know what we are doing.

You still don't get it, and you obviously DON'T know what you're doing, because they are going to be spending A LOT MORE of "your money."

Explain to me how, by me being able to keep an additional 66k for every million in income, I am losing money. Please. Be specific.

The bill adds trillions of dollars to the debt. By 2032 the national debt will be about $50 trillion because of this bill.

Taxpayers already pay a trillion interest a year on our debt. 1) your taxes will go to pay even more interest on the debt because this adds to that burden. Interest on the debt is going to increase more. 2) the bill makes the SS trust fund run out a year earlier in 2032. Do you think Congress is going to let a bunch of seniors SS check get cut when the trust fund runs out? Hell no. How do you pay for it? Increase taxes or run even more debt.

SS number of recipients has had a surprising drop recently. Perhaps this is DOGE finding fraud, or perhaps something to do with COVID vaccines.

Removing more illegal immigrants, as this bill does, will lower a lot of costs and boost wages. It will also reduce spending in a lot of government programs.

Illegal immigrants are helping to prop up SS. They pay into but don’t collect from it. Federal law doesn’t allow illegal immigrants to get most federal benefits. Some states use their own state dollars to give Medicaid to them but those aren’t federal dollars Los

People below the 50% of income earners effectively dont pay taxes. So I find the claim that the people detasseling cornfields are sending in billions in tax revenue to be very dubious.

You’re wrong. Federal income tax, state and local income tax, property tax, vehicle taxes, sales tax — and that’s just what I thought of quickly. Lower incomes are actually hit harder by certain kinds of taxes — like sales taxes — because the sums that the taxes represent are a relatively higher percentage of their income.

Yes, 100%.

My brother is a bartender and a Republican. He voted for Trump. He initially thought the no tax on tips or OT would start immediately and was dismayed to find out those don't start until he files taxes for 2025.

He literally thought this would be done at the restaurant level, not IRS level. Laughable. Even after I told him time and time again it wouldn't be instant money in his pocket, but instead come as a refund.

He feels lied to but is going to trust the process because Trump is such a smart businessman.

I roll my eyes because he'll never see any of that money. He owes back taxes for like 4 years at the federal level and 3 years at the state level. He also owes like $4k in back child support. I tried to tell him that he wouldn't see any refund but because he got refunds during the covid years, he thinks he'll get them again.

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:Short term the bill will give me tax cuts, which means I keep more of my paycheck. Also I don't understand the obsession on the left with billionaires getting tax cuts. They are just going to pass down higher taxes to consumers or move their businesses and jobs overseas and so the whole point of tax cuts for them is to keep business here flowing through the US economy.

With that I agree with Musk that increased national Debt is not good and we should've stayed the course of trying to cut spending, even if the tax cuts aren't as generous. This is a gamble that or may not pay off.

And finally im not at all convinced I would be any more pleased with a democrat sponsored bill if they were in power.

When money goes to the lower and middle classes, every dollar spent cycles through the economy ten times and grows our GDP. When wealth is consolidated at the top, the money is simply hoarded and doesn't benefit anyone but the billionaires. Giving billionaires a tax cut does nothing for the billionaires or the economy. Do you understand how much a billion dollars is? They are not doing anything extra with the hundreds of thousands in taxes they are not going to be paying. And for what? So seniors get kicked out of nursing homes and poor kids from Appalachia lose SNAP benefits. What is the value there?

This analysis is garbage. The rich have become richer in this economy. They have not become poorer. If your analysis were correct, their wealth would have fallen. You cannot even preserve capital in an inflationary economy without investing it, ie, putting it back into the economy in the form of stocks, acquisitions. Etc.

How do stocks and acquisitions help the middle and lower classes?

The middle class boom for this country occurred when taxes for the rich were much higher. Now the middle class is vanishing.

Most middle class and working class people rely on companies for employment, and as the value of shares increase, companies have more capital for investment in expansion. So, more jobs, higher paying jobs, etc. It's the reason the US economy can have things like high tech vs places like Bangladesh where selling fruit on a corner is a normal job.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is so evil and blatant to start the bill right after mid terms. People are so easily manipulated and duped. I’m scared for this country.

And republicans do this every time they pass a crappy bill. And voters fall for it over and over again.

Check out the "infrastructure" built with Build Back Better.

How much do you pay for health care vs pre-Obamacare?

Were you able to "keep your doctor?"

In the real world, insurance companies change doctors all the time. I negotiate our companies benefits and they haven't gone up substantially. I am expecting a huge increase this year. Someone must pay for the uninsured and it's going to be with increased premiums.

The BBB bill never passed.

I get a bunch of GOP newsletters after emailing them my objections. This is what Sen Lankford wrote in his latest, fyi:

“Over the weekend and into today, the Senate worked nonstop to finalize President Trump’s One Big Beautiful Bill Act. The final product prevents a devastating tax hike at the end of this year, strengthens the southern border, reduces deficit spending, makes several government programs more efficient and modernizes our air traffic control system. This is one of the most significant bills in a generation. It is now headed to the House of Representatives for their approval.

Here are some of the great things the bill does:

To help hardworking families, no federal tax on tips or overtime
$2,200 per child, $1,000 baby savings accounts, and an expanded adoption tax credit
$6,000 higher standard deduction for working seniors
Freezes tax brackets for every American so no one sees the scheduled tax increase next year
Gives a new tax credit to people who donate to charities, even if they don’t itemize their taxes
Updates the farm programs that are long overdue
Planned Parenthood is defunded for the next year
Increases the efficiency of our social safety net programs
Boosts domestic energy production for all base load power and it repeals Biden’s oil and gas tax penalty
Allows small businesses to write off big equipment purchases in the same year they buy their new equipment which encourages more jobs and investment
$160 billion to finish the wall, hire Border Patrol and ICE, and secure the border
$12.5 billion to modernize air traffic control, which is critical for Oklahoma’s aviation workforce
I recorded a video after the bill’s passage in the Senate to highlight some of the big wins and to give some facts to all the fiction being spread on social media about the One Big Beautiful Bill. The bill is certainly not perfect, but it does make significant progress and is a great first step to the long road back to balance.

CLICK HERE to watch my video discussing the final bill and why I voted to support it.

CLICK HERE to read more about why I voted in favor of the bill.

CLICK HERE to read about some of the energy wins I helped secure in the One Big Beautiful Bill Act.”

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Short term the bill will give me tax cuts, which means I keep more of my paycheck. Also I don't understand the obsession on the left with billionaires getting tax cuts. They are just going to pass down higher taxes to consumers or move their businesses and jobs overseas and so the whole point of tax cuts for them is to keep business here flowing through the US economy.

With that I agree with Musk that increased national Debt is not good and we should've stayed the course of trying to cut spending, even if the tax cuts aren't as generous. This is a gamble that or may not pay off.

And finally im not at all convinced I would be any more pleased with a democrat sponsored bill if they were in power.

When money goes to the lower and middle classes, every dollar spent cycles through the economy ten times and grows our GDP. When wealth is consolidated at the top, the money is simply hoarded and doesn't benefit anyone but the billionaires. Giving billionaires a tax cut does nothing for the billionaires or the economy. Do you understand how much a billion dollars is? They are not doing anything extra with the hundreds of thousands in taxes they are not going to be paying. And for what? So seniors get kicked out of nursing homes and poor kids from Appalachia lose SNAP benefits. What is the value there?

This analysis is garbage. The rich have become richer in this economy. They have not become poorer. If your analysis were correct, their wealth would have fallen. You cannot even preserve capital in an inflationary economy without investing it, ie, putting it back into the economy in the form of stocks, acquisitions. Etc.

How do stocks and acquisitions help the middle and lower classes?

The middle class boom for this country occurred when taxes for the rich were much higher. Now the middle class is vanishing.