That’ll help pay for those aircraft carriers … for about an hour
I think you severely underestimate how many people are involved in the income tax scam.
Where can we read it? I am having trouble finding the text.
This is nothing, wait until the Trump tariffs kick in and everything gets more expensive.
Can’t wait for shitty plyboard furniture to be marked up 489% because we got to import them from China/Vietnam or other SE countries.
Like seriously, what even gets made in the US that is reasonably affordable and is of a decent quality.
guns
While true, US guns aren’t even on top anymore. Canik has become an unbelievably popular brand in recent years, and they’re headquartered in Turkey.
damn I was unaware. guess I haven’t done any gun shopping in a hot second (although that may change soon considering the way everything seems to be going in America lol)
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The price at which it becomes a felony won’t charge. You’d have to do it in organized groups like the raids in LA a number of years ago.
…a number of years ago? 😅
April 26th, 1992, there was a riot on the streets, tell me, where were you?
How much does it cost to steal?
Depends if you’re rich and white, or not.
It looks like they aren’t planning to institute the new changes until spring this year. Is that correct, or am I misreading the website?
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?
I don’t think we know anything yet for real. I believe they included the costs of the tarrifs into everyday Americans taxes, because they are taxes after all… But Madam President changes the percent on tarrifs and to whom every time they talk, so unless someone actually writes something down, we’ll never know anything concete. It is concrete that they are no longer a man though.
“A small price to pay to own the libs!” the drones say as they make boiled leather soup.
Don’t forget deport immigrants (arguably increasing food costs). BIL sent me an article about 400+ illegals getting deported Tuesday night or something. Weird, I thought there were hundreds of thousands of them. They could only get that many? “The majority were criminals” Aight, cool. Keep those resources going and start processing the years and years of rape kits left waiting for testing. Start getting those citizens too, champ. Or are we only after the brown criminals? Hmm…
Arguably? No. Factually.
Well, dear leader said gas is gunna be cheap so you can drive to the grocery store and look longingly at the food you can no longer afford to buy and see the empty shelves of cheap eggs. Good thing, since you will need the extra money you will save by not buying food to pay more taxes so the rich won’t have to.
Ironically, eggs are the most expensive they’ve ever been, because of an ongoing bird flu epidemic. Good thing we are deregulating the industry, so we can have a bird flu epidemic, expensive eggs, and a potential foodborne pathogen issue.
Must be rich that they can afford leather and heat
They’re using pillaged library books as a heat source.
Don’t you mean banned library books?
They’re all banned except for one, obviously.
Is the one remaining The Art of the Deal?
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.
Nobody in the US knows how marginal rates and progressive tax brackets work, you can sell the fools on anything and just blame the IRS because it’s the most convenient incarnation of what people hate.
No! Noooo! I didn’t push your child and spit on you! The corrupt IRS fucked up on your taxes.
It makes me angry when I see people talk about how getting a raise would be bad for them because it would put them in a new tax bracket.
Like dude, no, it won’t be worse. Thats not how that works.
It’s by design… the same group of people think that tarriffs are paid by foreign companies. Keeping voters ignorant is a key part of their strategy. Remember that trump once said “I love the poorly educated”
I mean even this post got it wrong, your taxes go up until about $1 mil, not $300k.
But the cuts could start benefiting you at the $300k bracket relative to before. What’s the actual change?
Because the way marginal taxation works if you make 300k you paid all those extra brackets tax hikes before you got to 300k and started seeing the lower marginal rate.
So to see your impact you add every changed number from the left up to your income, that’s your impact.
Yes it takes a positive turn at 300k, but you’re already deep in the whole and don’t turn to actually positive until around the final bracket.
It says average cut, so I think it’s for the average person of each bracket. So it’s talking about folks making $600k maybe? Just guessing.
I know how marginal taxes work and you didn’t address my question. If the tax on above $300k is less than it was before you are paying less. What is this about something changing at $1 million?
I think what they’re saying (I didn’t look at the data yet) is that while the rate at 300k is lower, that lower rate doesn’t make up for the higher rates that individual will have paid until that point. So for the individual in question, the net positive doesn’t happen until 1m.
Ah yeah. Might just be a bad graph since it says “by income group” and then breaks down by the actual bracket. Not sure exactly which it means still but I think they’re right
Why should it be better over $300k though? Thats a tiny tiny percentage of the population who very likely already has more money than they would need for the rest of their lives if they wuit working today, reguardless of age.
People should not be allowed to hoard wealth like that.
This graph should be savings early on, which still benefit those people, because, as you mentioned, it adds them up, but at some point, it gets worse.
Incentivise “spread the wealth”. Lift everyone up, because by 300k, you are good, let others get more.
Yeah I definitely wasn’t advocating for that, was just explaining how that worked with marginal tax rates.
LOL Bush Jr did the same thing as did the previous Republican president. This is par for the course.
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!
It’s the MAGA way… they base their self worth on how much the people they hate are suffering.
Um, have you tried just not being poor?
Just take more xhits on xhitter, that’s seems to be how Edolf makes his fortune
I don’t think I can afford to prop up the wealthy any more than I already am doing now. Guess I’ll need to get a fourth job to help pay off Musk and company tax relief.
Work those bootstraps
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!
Arigato gozaimasu billionaire chan
You can 100% safely bet that every billionaire has heard that from a childs voice.
Picture is incorrect. The bottom glass on the right should be cracking.
Bottom Glass on the Left. Cracking and potentially about to make it all topple over.
Yes.
Edit: why gifs no work on Eternity?
Wth. Whatever, I’m just cursed
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This is what I did
Clown Country
