Tax plan appears to be written by a rich kindergarten class

[nomad1000!]

MAGA not big govt, it’s giving the rich everything at the expense of the deficit which is everyone equally. Anyone who’s head is so far up magas rump to believe the rich doesn’t get almost all the benefit of this tax bill is blinded by maga does no wrong.

I voted for Trump but it was more of a vote against the dems and their unamerican agenda and far left ideas, bambino didn’t like that I had ideas that weren’t copy/paste and jumps that I’m blaming Trump for it all, the tax bill and bias for the rich has been both parties for along time, I take advantage thru the 401k knowing the rich won’t be buying things, they’ll be investing pushing stocks to new valuation records. W Trump and the easy to follow yellow brick road to crypto is again a gift for anyone w a little biz IQ and capital.

Couldn’t understand bambino questioning my intelligence, maybe I shoulda put some pictures up so he could follow and understand

[bambino]

Originally Posted by nomad1000!

MAGA not big govt, it’s giving the rich everything at the expense of the deficit which is everyone equally. Anyone who’s head is so far up magas rump to believe the rich doesn’t get almost all the benefit of this tax bill is blinded by maga does no wrong.

I voted for Trump but it was more of a vote against the dems and their unamerican agenda and far left ideas, bambino didn’t like that I had ideas that weren’t copy/paste and jumps that I’m blaming Trump for it all, the tax bill and bias for the rich has been both parties for along time, I take advantage thru the 401k knowing the rich won’t be buying things, they’ll be investing pushing stocks to new valuation records. W Trump and the easy to follow yellow brick road to crypto is again a gift for anyone w a little biz IQ and capital.

Couldn’t understand bambino questioning my intelligence, maybe I shoulda put some pictures up so he could follow and understand

So, it sounds like you read the 1400 page bill. According to YOU, a child can understand it. So tell us exactly how the “rich” are making out. Specifically, not your opinion. Do they work for tips? Overtime?

[bambino]

To show you I’m a nice guy, I’ll give you a cheat sheet. From the Office of Ways and Means;

WASHINGTON, D.C. – The One, Big, Beautiful Bill delivers relief for workers by making the 2017 Trump tax cuts permanent and includes President Trump’s priorities for hard-working Americans: no taxes on tips, overtime pay, and auto loan interest, and tax relief for seniors. Workers – who saw the real value of their wages shrink three percent because of Biden’s big government, inflationary spending – will get $1,300 in tax relief back in their pocket beyond what they pay today.

The pro-growth policies that boost small businesses, manufacturers, and farmers will also increase take-home pay by up to $11,600 and save or create 7.4 million jobs, including 1.1 million manufacturing jobs.

FACT SHEET: The One, Big, Beautiful Bill Puts American Workers First

Ways and Means Committee Chairman Jason Smith (MO-08) said:

“President Trump’s priorities are the working men and women of America who need relief after four years of spiraling price hikes created by the $10 trillion spending spree perpetrated by Joe Biden and Democrats in Washington. The One, Big, Beautiful Bill puts workers and the working-class first and provides the typical family with a $1,300 tax cut and will boost that family’s take-home pay by as much as $13,300. Permanently lower tax rates and a doubled standard deduction, combined with President Trump’s no tax on tips, overtime, and auto loan interest, will help workers afford the roof over their head, food for their families, and help build their financial security and wealth.”

How’s that cut and paste job?

[HDGristle]

https://www.cbpp.org/research/federa...led-to-deliver

[bambino]

Originally Posted by HDGristle

https://www.cbpp.org/research/federa...led-to-deliver

https://mediabiasfactcheck.com/the-c...cy-priorities/

I didn’t need to look them up. I just knew………

[HDGristle]

Great... so then you agree that the old version skewed rich, was expensive, eroded the tax base and failed to deliver the promised economic benefits.

So we can expect more of the same.

I helped you find common ground with Nomad

[bambino]

Originally Posted by HDGristle

Great... so then you agree that the old version skewed rich, was expensive, eroded the tax base and failed to deliver the promised economic benefits.

So we can expect more of the same.

I helped you find common ground with Nomad

Don’t agree at all. I have an LLC and the 2017 tax bill reduced my tax liability. It did for all pass thru businesses. Your lefty .org group is full of shit. The 2017 tax cuts are now permanent. That’s a good thing.

[nomad1000!]

Still you miss the point I bring up, the great majority of benefits goes towards the rich and big corps, I paid less taxes but what I’m weighing it against is the fed deficit. When I say kindergartners, it’s that child like mind set hey, let’s do this and that without actually figuring what it’s going to cost and direct consequences from that.

I was encouraged to see Trump was for upping marginal tax rate on the very rich, was happy to see pharm costs talk but he bailing so it’s just BS all over again.


BTW, the one dimension thinking vs 3 dimension is pretty apparent w you bam, that the 1 and 3 percenters control an ever faster growing portion of all wealth in USA via free bee giveaways w absolutely no real GDP exponential growth, hence all the dollars printed and the record deficit growth equates again to spending 100 to get 10 in sales, if this strategy was incorporated w an actual big corporation, every mgr would be fired for terrible returns on capital. What’s ashame is anyone who doesn’t understand finance and what credit swaps on debt means, they don’t realize just how much stress this beautiful tax bill will put on the dollar and our debt. The credit swaps aren’t far from where Greece was several years ago, the USA has the advantage of size and political power where rating firms still have USA debt Above A across the board despite the credit swaps pricing what’s closer to a BB-BBB rating. There is a cost to this somewhere down the road.

No tax on tips will help a few, OT will help a few but the vast majority goes to rich, what is spent will be multitudes more than any GDP growth or wage growth across the board w the middle and lower income taking the brunt of it.

[txdot-guy]

Originally Posted by bambino

Don’t agree at all. I have an LLC and the 2017 tax bill reduced my tax liability. It did for all pass thru businesses. Your lefty .org group is full of shit. The 2017 tax cuts are now permanent. That’s a good thing.

What, you got yours so screw everyone else. The truth is that every one will need pay just a bit more in taxes for the foreseeable future to get out from under our debt. And cut significantly our spending at the same time.

Denial of these truths just makes things worse.

We saw the demographic shift that is leading to reduced Social Security payments decades ago. All it would have taken to fix the problem would have been a few simple changes to the tax rate and to raise the maximum taxable amount matched with inflation. Something we should have done back in the 90’s or early aughts.

Instead our government leaders have been brainwashed into believing that lowering taxes increases revenue. What a giant joke. Every other financial problem we have is directly connected to that.

[HDGristle]

Cuts aren't permanent, yet. Bill still has to get through the Senate, who will balk, rewrite it and send it back to the House for more fun and games.

I get that you want the gimme put, but no one gave it yet.

[bambino]

Originally Posted by txdot-guy

What, you got yours so screw everyone else. The truth is that every one will need pay just a bit more in taxes for the foreseeable future to get out from under our debt. And cut significantly our spending at the same time.

Denial of these truths just makes things worse.

We saw the demographic shift that is leading to reduced Social Security payments decades ago. All it would have taken to fix the problem would have been a few simple changes to the tax rate and to raise the maximum taxable amount matched with inflation. Something we should have done back in the 90’s or early aughts.

Instead our government leaders have been brainwashed into believing that lowering taxes increases revenue. What a giant joke. Every other financial problem we have is directly connected to that.

Small business is the engine of our economy. ALL small businesses got the same benefits as I did. DUH.

[bambino]

Originally Posted by nomad1000!

Still you miss the point I bring up, the great majority of benefits goes towards the rich and big corps, I paid less taxes but what I’m weighing it against is the fed deficit. When I say kindergartners, it’s that child like mind set hey, let’s do this and that without actually figuring what it’s going to cost and direct consequences from that.

I was encouraged to see Trump was for upping marginal tax rate on the very rich, was happy to see pharm costs talk but he bailing so it’s just BS all over again.


BTW, the one dimension thinking vs 3 dimension is pretty apparent w you bam, that the 1 and 3 percenters control an ever faster growing portion of all wealth in USA via free bee giveaways w absolutely no real GDP exponential growth, hence all the dollars printed and the record deficit growth equates again to spending 100 to get 10 in sales, if this strategy was incorporated w an actual big corporation, every mgr would be fired for terrible returns on capital. What’s ashame is anyone who doesn’t understand finance and what credit swaps on debt means, they don’t realize just how much stress this beautiful tax bill will put on the dollar and our debt. The credit swaps aren’t far from where Greece was several years ago, the USA has the advantage of size and political power where rating firms still have USA debt Above A across the board despite the credit swaps pricing what’s closer to a BB-BBB rating. There is a cost to this somewhere down the road.

No tax on tips will help a few, OT will help a few but the vast majority goes to rich, what is spent will be multitudes more than any GDP growth or wage growth across the board w the middle and lower income taking the brunt of it.

According to you. Which is small, leftist thinking.

[bambino]

Originally Posted by HDGristle

Cuts aren't permanent, yet. Bill still has to get through the Senate, who will balk, rewrite it and send it back to the House for more fun and games.

I get that you want the gimme put, but no one gave it yet.

I never said it was law yet. You’re just making things up as you go. Par for you. The RINOs will feign fake tears for spending cuts. But it’s bullshit. They’re not going to gift wrap a victory for Trump. 5D chess will come. Trump will win. Thanks for playing Mr Gristle.

[nomad1000!]

According to every independent site, just keep your head in the sand and keep up the copy n pasting whatever maga prints

[bambino]

Originally Posted by nomad1000!

According to every independent site, just keep your head in the sand and keep up the copy n pasting whatever maga prints

I’ll do this again, just for you. Read it and weep

https://waysandmeans.house.gov/2025/...f-for-workers/

I don’t think you actually understand what MAGA is. Historic numbers of minorities voted for Trump. As well as young people. Because they’re tired of being lied to by the Democrats and the MSM. Go check your “independent” sources. Or your local Kindergarten class.