What is going on with the Big Beautiful Bill?

[whodeycin85]

That has been the GOP response on tax cuts for the rich for as long as I can remember: "Don't worry about the cost, we will grow our way out of it!"

Absolutely proven false, 100 percent of the time.

Doesn't it seems odd for the resentment class as you call them to be against taxing the rich?

 

[jmacvols1]

That has been the GOP response on tax cuts for the rich for as long as I can remember: "Don't worry about the cost, we will grow our way out of it!"

Absolutely proven false, 100 percent of the time.

no taxes on tips, social security and I think overtime is not for the rich. the obbb keeps Trump's tax cuts from his first term going.

a person who makes 20 million a year has no more obligation to pay taxes than a person who makes 20 thousand a year, everyone should pull their own weight.

from grok:

During Donald Trump's first term, the Tax Cuts and Jobs Act (TCJA) of 2017 reduced tax rates across all income tax brackets for individuals.
The TCJA lowered the tax rates for the seven existing brackets, which applied to taxable income for individuals and married couples filing jointly.

Here’s a summary of the changes re-TCJA Tax Brackets (2017) vs. TCJA Tax Brackets (2018-2025):

10% Bracket: Remained 10%, but the income threshold increased, effectively reducing taxes for some in this bracket due to higher standard deductions and inflation adjustments.
15% Bracket: Reduced to 12%.
25% Bracket: Reduced to 22%.
28% Bracket: Reduced to 24%.
33% Bracket: Reduced to 32%.
35% Bracket: Remained 35%, but applied to higher income thresholds.
39.6% Bracket: Reduced to 37%.

Key Notes:All brackets saw either a rate reduction or no change (10% and 35% brackets), with expanded income ranges due to adjustments in thresholds.

The standard deduction nearly doubled (e.g., from $6,350 to $12,000 for singles in 2018), which further reduced taxable income for many.
These changes applied to tax years 2018 through 2025, as the TCJA provisions are set to expire after 2025 unless extended.

 

[W.TN.Orange Blood]

 

[W.TN.Orange Blood]

I find it very hypocritical of the loony liberals to act like they give a about the cost & prices of things now when they totally sat silent when Biden/Harris escalated prices way out of control for 4 years and sat back and just did or said nothing at all about it then. Their caring of what's happening now is moot at best & falls completely on deaf ears.

 

[McDad]

That has been the GOP response on tax cuts for the rich for as long as I can remember: "Don't worry about the cost, we will grow our way out of it!"

Absolutely proven false, 100 percent of the time.

You need to understand a couple of things.
1. You cannot correlate any tax cut for any year to a decrease of tax revenue to the federal government.
2. Tax cuts don't "cost" anything. Government spending "costs" money.

 

[lawgator1]

Doesn't it seems odd for the resentment class as you call them to be against taxing the rich?

1) They are uneducated and don't pay attention. They don't realize the shell game being played, even with themselves on the short end.

2) They are blinded by their love of Trump and they accept without question the claims by Trump and his supporters that the facts aren't... well, facts. Goes back to alternative facts. Its a real phenomenon.

 

[whodeycin85]

1) They are uneducated and don't pay attention. They don't realize the shell game being played, even with themselves on the short end.

2) They are blinded by their love of Trump and they accept without question the claims by Trump and his supporters that the facts aren't... well, facts. Goes back to alternative facts. Its a real phenomenon.

So then there is no resentment class...because the are either blind or uneducated....while the educated one are screaming for tax the rich and wealth distribution...now why would you call for taxing the rich and wealth distribution if you didn't resent those making millions and Billions more then you???

 

[Orangeburst]

So then there is no resentment class...because the are either blind or uneducated....while the educated one are screaming for tax the rich and wealth distribution...now why would you call for taxing the rich and wealth distribution if you didn't resent those making millions and Billions more then you???

like 36% of Dems are proud to be American, so talk about resentment. down from like 80% some 20 years ago. eating themselves up with issue after issue.

 

[BeardedVol]

That has been the GOP response on tax cuts for the rich for as long as I can remember: "Don't worry about the cost, we will grow our way out of it!"

Absolutely proven false, 100 percent of the time.

It will trickle down this time, they promise.

 

[Vol8188]

That has been the GOP response on tax cuts for the rich for as long as I can remember: "Don't worry about the cost, we will grow our way out of it!"

Absolutely proven false, 100 percent of the time.

Overall spending is less than Biden’s last 2 budgets. GDP/taxes obviously grow over time. No single budget is going to fix this over night, but it’s a solid start

 

[Boston Vol]

So then there is no resentment class...because the are either blind or uneducated....while the educated one are screaming for tax the rich and wealth distribution...now why would you call for taxing the rich and wealth distribution if you didn't resent those making millions and Billions more then you???

He’s read “What’s the matter with Kansas” one too many times.

 

[Smokey123]

Senate passed it, it appears.
Dems can’t complain at all about the debt/deficit with their complete lack of attention to excessive spending over the years. Also, Republicans can quit pretending they care about it either. They had the numbers and could have passed a better, more fiscally irresponsible bill.

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finance.yahoo.com

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finance.yahoo.com

The last fiscally responsible president was a democrat

 

[C-south]

It will trickle down this time, they promise.

You, LG, and all the other libs can voluntarily pay more. They’ll gladly take it and spend it wisely.

 

[Vol737]

The last fiscally responsible president was a democrat

True.

 

[Vol423]

You, LG, and all the other libs can voluntarily pay more. They’ll gladly take it and spend it wisely.

…as only the government can do.

 

[SpaceCoastVol]

That has been the GOP response on tax cuts for the rich for as long as I can remember: "Don't worry about the cost, we will grow our way out of it!"

Absolutely proven false, 100 percent of the time.

LOL

 

[C-south]

1) They are uneducated and don't pay attention. They don't realize the shell game being played, even with themselves on the short end.

2) They are blinded by their love of Trump and they accept without question the claims by Trump and his supporters that the facts aren't... well, facts. Goes back to alternative facts. Its a real phenomenon.

We have 340 million people in the us. Less than 1000 billionaires in the entire country. Less than 25 million millionaires. Less than 1% of total population and they account for half of the tax revenue. How much more do you think they should pay?

 

[Sea Ray]

The last fiscally responsible president was a democrat

That is true but so what? Bill Clinton's not saving us now. Who's a fiscal conservative on the D side today? Furthermore, the main cog in budgets is the House. Clinton couldn't have done it without Gingrich. Also Rs and Ds worked together back then. They don't now.

 

[OrangeTsar]

View attachment 752062

Voting for Trump is about to cost this Maga county billions

The president is planning to rip $800bn out of Medicaid to fund his ‘big, beautiful bill’

www.telegraph.co.uk

Maybe the people in those counties are able to weigh multiple factors in deciding what is best For the country. Maybe they aren‘t stupid simpletons who reflexively give their vote to the highest bidder.

 

[OrangeTsar]

1) They are uneducated and don't pay attention. They don't realize the shell game being played, even with themselves on the short end.

2) They are blinded by their love of Trump and they accept without question the claims by Trump and his supporters that the facts aren't... well, facts. Goes back to alternative facts. Its a real phenomenon.

Oh, back to the „uneducated“ dig again? And liberals wonder why regular Americans absolutely detest them.

Oh please Great and Mighty democrats; please enlighten us poor uneducated rubes so that we too can bask in your superior intellects and virtue. America was designed to be governed by everyday Americans; not just the privileged elites who obtained a parchment from an overpriced finishing school.

 

[lawgator1]

Overall spending is less than Biden’s last 2 budgets. GDP/taxes obviously grow over time. No single budget is going to fix this over night, but it’s a solid start

This budget blows up the debt even more. How do you come to the conclusion this is a "solid start?"

Seems to me the only way you ever could is if you buy into the unsupported, undefined, rah rah from the administration that somehow, magically, the experts are all wrong and never mind that extra $4 trillion.

 

[Vol8188]

This budget blows up the debt even more. How do you come to the conclusion this is a "solid start?"

Seems to me the only way you ever could is if you buy into the unsupported, undefined, rah rah from the administration that somehow, magically, the experts are all wrong and never mind that extra $4 trillion.

No it doesn’t. The idea that increased the debt is based on the idea that the tax cuts are new.

It’s a good start because it’s a significant reduction in federal spending. That’s a massive spending cut

 

[volfanhill]

1) They are uneducated and don't pay attention. They don't realize the shell game being played, even with themselves on the short end.

2) They are blinded by their love of Trump and they accept without question the claims by Trump and his supporters that the facts aren't... well, facts. Goes back to alternative facts. Its a real phenomenon.

Don't pay attention? You went 3 whole years pretending the POTUS was sharp as a tack

 

[Orangeburst]

No it doesn’t. The idea that increased the debt is based on the idea that the tax cuts are new.

It’s a good start because it’s a significant reduction in federal spending. That’s a massive spending cut
View attachment 752271

You spend $500B less, collect $300B in tariffs and get say 4% growth and an additional $200B in revenue, and we are at least halfway to a balanced budget. Its a freaking monster.

 

[C-south]

Oh, back to the „uneducated“ dig again? And liberals wonder why regular Americans absolutely detest them.
View attachment 752265
Oh please Great and Mighty democrats; please enlighten us poor uneducated rubes so that we too can bask in your superior intellects and virtue. America was designed to be governed by everyday Americans; not just the privileged elites who obtained a parchment from an overpriced finishing school.

Evidently the standard for being “educated to dims is simply enrolling into school and acquiring 6 figures in debt you intend to never pay back.