They raise taxes on the middle class to make people hate taxes so they vote for smaller government.
They’ve been doing it since the 80s. God how I wish our politics weren’t in a death spiral. It’s so boring.
this post was submitted on 23 Jan 2025
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No guys it's cool it'll trickle down any day now just wait
Well, something is trickling down but for some reason it smells like piss.
I can't wait for the trickle down Bukkake. Any minute now!
Graph is from October 2024 this isn’t some new version that was just released either
Correct. And it is still current.
https://itep.org/federal-tax-debate-2025-trump-tax-changes/#collapseOne
If you look at "breakdown of tax propoals by category" note that it doesn't account for inflation, for example giving a reduction to everyone for tax cuts. But in the real world, that's not how it works. Tax cuts that are paid for with deficit spending like these are essentially zero-sum because the price of everything will have to increase to account for spending power. So in other words, it's even worse for everyone but the 1% than indicated.
This is just peak brainworm. What does someone making nearly a million dollars a year even do with an extra 7k?? Make their scroodge McDuck vault a little deeper? Doesn't matter how deep it is, you still can't dive into it like a pool. Idiots.
No, you totally can dive into a pile of gold and swim in it and they should definitely all try it. It works better the higher the diving board is.
they use dollar bills instead of gold coins, you can get a cushy landing and swim through it pretty well.
I hope they get paper cuts on their eyeballs.
Supposedly they invest it back into the economy, or, at least that’s what I’ve been told.
To be honest, if you're able to make a million a year (even hundreds of thousands a year), you can afford an accountant who will tell you not to take compensation as employment income.
If you're a business owner you'll be taking a significant share as dividends, or if you're an executive you'll be taking stock options or other share based compensation. If done correctly, you can not only take advantage of lower tax rates but also defer taxes to future years.
Pretend that's the end of the bracket and it doesn't increase from there. Now the guy making 100,000,000 gets an extra $700,000
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but at least now baby jesus will stop shedding tears because transgenders and intersex people can now be labeled with their correct biblical gender
that will make the poor religious folks happy at least, right? they don't need grocerries, baby jesus is happy the transgenders are suffering! delicious!
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That's on top of the increase starting now as well.
The tax plan of 2017 cut taxes for everyone, but starting last year they went up for anyone not making 300k or more.
LOL Bush Jr did the same thing as did the previous Republican president. This is par for the course.
Is there a source on this? Not that I don't believe it, I'm sure this is exactly what's going to happen, but if I bring it up in conversation saying "I saw it in a meme" will deflate the argument.
Institute on Taxation and Economic Policy (ITEP)
https://itep.org/federal-tax-debate-2025-trump-tax-changes/#collapseOne
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Is this from the extention of last tax cuts that are still active but set to expire unless renewed? Or a new proposal on top of that policy?
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The last two times I’ve been to Costco they’ve been out of eggs. One of these days I’m expecting the Cash & Carry to be out of eggs too. Then the Rosaures, the Safeway, and the mini mart too. Just think of the savings in not buying any eggs at all!
“You get bird flu! You get bird flu! Bird flu for everyone!”
-Trump FDA soon
He's going to force factory farms to stop culling sick chickens, isn't he? Somehow RFK will get involved with the chickens' rights
LOL Bush Jr did the same thing as did the previous Republican president. This is par for the course.
Even if we're just talking eggs, they're up about $1.50 per dozen in my area and Der Blöderfürher has only been in office three days.
Well at least that war over in Ukraine is over!
Day 1!
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