The Republicans get the worst version of what they want every time. It’s as easy as just doing it.
Dems are, as a whole, complicit.
hey they ALSO changed the name of the bill (supposedly, haven’t actually seen any evidence of this) so show some respect
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America got exactly what it voted for.
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Now we get to see how much they like the taste
Nobody is gonna give a fuck. Nobody has any clue how any of those programs work. Nobody has any clue how much they even pay in taxes or whether it is more or less than before.
Some people are going to suffer, but it’s the people that nobody gives a fuck about in the first place.
Libs are triggered, the evil drink upon their tears as it always shall be.
The rich get richer, as it always shall be.
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Millions and millions of people will be tangibly affected. It will be on a large scale, but most people in this country didn’t give a s*** 1 million people died of COVID. So, that’s probably our guide.
also, most of this isn’t enacted until after the next election so if dems do take the house back (by tradition they will as opposing party usually does) then they’ll just say well dems took congress and now your healthcare is gone coincidence? I think not!
I actually don’t know how bad this is actually going to be taken by the population when it is enacted; it really depends on volume of how many individuals gain or lose from it. Some people are going to only see some lower tax numbers (though they might not know how or why) and whatever that 1k for kids to invest is or whatever the heck vs some people going to get rekt.
Most of the tax cuts are just extending the current ones so a bunch of people aren’t going to notice any difference at all. Not that it probably matters much one way or the other though.
Social Security is still taxed the same (even though Leavitt has no problem lying and saying it’s not taxed in the new bill).
No tax on overtime caps out at $12k.
No tax on tips caps out at $25k.
Both of those expire in 2028 while the giveaways to billionaires are permanent.
So to recap, Republicans have done basically nothing but give a token gesture to the 2 out of Trump’s 3 tax relief campaign promises. But they’ll still get to ballyhoo it and their base will say: “Well at least it’s something. When was the last time the Dumocrats ever did anything for me?” (completely unaware of course all the things Dumocrats did for them), all while losing their Medicaid.
And in 2028, Rs get to campaign on “Democrats want to take away your tax-free tips and overtime!” Even if no Democrat politician ever campaigns on that, they’ll just dig up one quote from some Dem at some point disparaging some aspect of those tax cuts and run with that.
There are few equivalences of stuff like this Dems could do, even if they wanted to. MSNBC will not go full state-run media and back up blatant lies like FoxNews. And nobody watches MSNBC anyway. It’s an asynchronous battlefield to the extreme.
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lol at caps on the no tax on tips thing, that was the main thing anyone remembered
well some probably weren’t declaring them honestly anyway so there’s that too
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Wealth/property should be taxed, not income.
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Not that anyone cares but Jeffries speech broke McCarthy (stalling on build back better from 2021) official house record in speech stalling.
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I will be paying lower taxes because I’m a small business owner (if I live long enough for it to be enacted). But I’d prefer other people wouldn’t be so dramatically hurt by this awful legislation.
That idea is literally identical to what they did in 2017. They were ‘forced’ to make those taxes for regular people permanent before expiring this year, while the billionaire breaks were permanent to begin with. They rinsed and repeated.
the other problem dems have is and this has happened over and over and over throughout the years
is when dems tell voters what’s in the bill, voters usually don’t believe it. They refuse to believe it can possibly be that bad.
(after 9/11 what did R’s do, push through a bill that just gave money to the rich, D’s tried to tell people and the reaction they got was they wouldn’t do that after 9/11)
(telling people what paul ryan’s budget plan was during obama’s term? nope again people refused to believe it)
I don’t know how to solve that at all.
Everyone has to become a republican and don’t tell anyone what they stand for during election seasons. And just hope enough people don’t realize what’s happening or something.
I’m not sure why I’m typing this out, but I think it’s useful background.
It used to be the case that the various income tax brackets were not indexed to inflation. So you’d experience bracket creep where you’d find yourself subject to a higher marginal tax rate when your wages and pre-tax spending power just kept up with inflation. So what you’d expect is that periodically government would step in and “lower taxes” TO FIX A VERY REAL PROBLEM IN THE TAX CODE. And everyone would view this as a very normal and sane thing to do because the outcome was something like inflation-adjusted tax brackets.
But eventually (1981) that got fixed, and income tax brackets were, and are* adjusted for inflation. So we don’t need anyone to periodically step in and lower taxes now, but I think we still in our collective memory view regular tax cuts as a very normal and sane thing to do. But it’s not anymore, at least not in the way that it once was.
Thank you for coming to my TED talk.
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