House Republicans are preparing to adopt a plan that puts a $4.5 trillion limit on the size of their tax cut plans. But even that will not be enough for some of President Trump’s promises.
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Is there literally anybody with an explanation of why this is good for the country? There’s no scarcity of investment capital. Hell, we’re draining Corp balance sheets by a $1T / yr in stock buybacks.
Let Trump’s old tax cuts expire and we have no issue at all.
Those cuts TFG is making will prolly end up in his pocket because getting handouts from the US government/tax payer is his game. Being a parasite is all he knows.
Trickle down is a myth. Tax cuts do not pay for themselves. We need to spend more on the safety net. We don’t have to extend all the expiring tax cuts. We should extend the ones that help lower income people first. Make the rich choose between their tax cuts and their share of corporate welfare.
JFC it's not that hard. TAX THE 1%! If they weren't constantly hoarding wealth, there would be enough currency flowing through the economy that inflation would go down and we would be able to afford nice things for every single American. Stop allowing these crooks to keep their wealth so high.
Hey New York Times, how about try reporting on how what Trump and Musk are doing is outright illegal and falls under the classification of sedition under both US code and US military code, giving the military brass the authority to arrest everyone involved with the seditious conspiracy Project 2025.
This Tax scam 2.0
Billionaire bought out republicans are providing them with another massive tax cut. To do this, they are destroying our democracy, and eliminating government agencies invested in the common good.
This is incompetence being led by criminals, the failure is going to be catastrophic. We can only hope it hits the morons who voted for these fascist bastards the hardest.
Sorry what? I couldn’t read the article because it’s behind a paywall but Republicans are cutting all gov agencies to renew the $4.5 trillion in tax cuts for the rich. This headline is so wrong as to be negligent.
The tax burden on the wealthy is historically low, and we spend less on our people than our wealthy peers in the #OECD. Iraq and Afghanistan were the first wars we ever fought without the rich paying for them in some way—before income tax we had luxury taxes @oecd-ocde.bsky.social
Mothers: Protect your sons & daughters! WITH TRUMP'S GRANDIOSE THINKING THAT THE U.S. WILL TAKE OVER CANADA, MEXICO, PANAMA, GREENLAND (DENMARK), GAZA, AND NOW UKRAINE, IT WILL NOT BE LONG UNTIL MILITARY SERVICE IS ONCE AGAIN COMPULSORY!!!
That $4.5 trillion tax break for the wealthy will come almost exclusively from programs that impact veterans, People of Color, LBGTQ and the poor. But of course, tRump will still spend $400 million on armoring Teslas.
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We know for sure they’re not gonna cut tax on tip, cut taxes on Social Security, or cut taxes on overtime.
Vice President Trump is a liar!
#Felon47
Let Trump’s old tax cuts expire and we have no issue at all.
https://en.wikipedia.org/wiki/Aktion_T4
Unfollow.
Oh ya, this can't fail
@hakeem-jeffries.bsky.social
All working citizens pay into SS; medicare, Medicaid no job exempt
And a 45%estate tax (even trusts) on everything over 5 million.
25% on 1 mil to 4 mil
35% tax on golden parachutes for CEO’ stock options paid cashing or borrowing against it.
@hakeem-jeffries.bsky.social
Just spitballing. But how counter with 35% tax increase on people making 1mil+
And a 15tax decrease on below that mark
Our government shouldn’t be run like a crappy TV show
Billionaire bought out republicans are providing them with another massive tax cut. To do this, they are destroying our democracy, and eliminating government agencies invested in the common good.
All they have to do is rescind the non-billionaire cuts.
They were going to do that anyway.
The US fed's deficit/yr is $2T mostly due to military overspending & under-taxed rich people & corps.
Did you know that from WW2 until 1963 the top US tax rate was 91% & the US did great. Reagan made these sociopathic billionaires.
ALSO remove the DOGE grift from the debt clock.
#AmericanFascism consists of this financial burden; for World War II Germany it was war reparations
https://wefingtoldyouso.substack.com/p/lots-of-reasons-to-call-him-simply-7bf
Anti corporate & rich tax that is!
The Avg Americans taxes will increase as we are forced to accept less government services while they fleece the country
Don't count on tax returns ever again!
Don't count on there being mid term elections either