Anonymous wrote:I think that once the tax cut gets going, there needs to be a viral campaign in which known rich people post how much their tax cut will be.
Anonymous wrote:Anonymous wrote:Trump is calling for no tax on tips, no tax on overtime, no tax on Social Security and a longer term goal of no taxes on first $150 k of income.
My OT rate is about $120 an hour. No tax on that would be great. Bring it on!
Anonymous wrote:Ummmm.....I think y'all didn't get the memo. The rich are already taxed enough. The top 10% of earners in this country pay about 80% of the taxes. The bottom 50% pay almost nothing.
Anonymous wrote:Trump is calling for no tax on tips, no tax on overtime, no tax on Social Security and a longer term goal of no taxes on first $150 k of income.
Anonymous wrote:They want to cut social security, cut benefits for veterans who served and sacrificed for their country, cut benefits for the disabled who cannot fend for themselves - and for what?
FOR TRILLIONS IN TAX CUTS FOR BILLIONAIRES.
This CAN NOT STAND.
Anonymous wrote:Anonymous wrote:Literally the only thing that unites the GOP is massive tax cuts for the wealthy. Where have these people been?? What did they vote for??
Can you please elaborate on what these massive tax cuts for the wealthy are exactly? Not letting 2017 cuts for capital gains expire? That's the only info anyone ever provided, but looks like it's something already in effect? What is more that's coming for wealthy people that's going to benefit them tax wise?
A promise made is a promise forgottenAnonymous wrote:Anonymous wrote:Well Trump says he wants to eliminate taxes for those making less than $150,000/year, so that certainly sounds like "tax the rich".
And the actual tax plan doesn’t do that. Did Trump lie? No way!
Anonymous wrote:Anonymous wrote:Trump is calling for no tax on tips, no tax on overtime, no tax on Social Security and a longer term goal of no taxes on first $150 k of income.
All sound like fine ideas, however:
Almost no one reports tip income anyway, and this will also cause people who do pay taxes to really stop tipping. People will say, why give my after tax dollars to someone who won't pay taxes themselves?
No tax on OT means people will start working themselves to death to get OT, and employers, who already try to limit OT because it costs them, will limit it more by making everyone part time. Employers hate OT. This pattern is common.
Social Security: Democrats have been proposing this for years AND have proposed ways to pay for it. Republicans shut it down every time. So he'll have to get it past the Republican controlled Congress (but he has not proposed a way to pay for it). Also the average SS payment in the U.S. is $1,783.55/month. These people already do not owe taxes on Social Security. About half of Social Security beneficiaries paid no tax; about half pay tax on half of their benefits, with beneficiaries with higher incomes paying taxes on up to 85% of their benefits. This proposal helps about half of the higher earning SS recipients. So not taxing social security will be popular, but we'll see if Republicans pass a Democratic party platform idea, and if they pay for it.
On the $150 issue, I won't hold my breath on "longer term goals" used to buy votes, but never happen. Also, unless they find a way to pay for it that means taxing the very rich, this will mean the working upper middle class and the middle class in high COL areas get slammed again. Also, consider the form of government we will have if 76 percent of the population pays no federal income tax, plus the very wealthiest also not paying much if any.
Anonymous wrote:I love how anytime one of these videos drops, Fox News immediately has GOP talking heads on there to reiterate that all the people in the seats for that town hall were paid Democratic protestors.
Are MAGA really falling for that?
Non-MAGA Republicans are pissed. Most of my family is made up of non-MAGA Republicans who served their country in the various armed services. They hate Musk and everything that he is doing. They are slowly turning on Trump for allowing Musk to have so much power.
Anonymous wrote:Literally the only thing that unites the GOP is massive tax cuts for the wealthy. Where have these people been?? What did they vote for??