Biden infrastructure bill signing

NJBob · 2021-11-18T11:40:37.298Z

Samm:

Then why don’t the Dems fix that and make those tax cuts permanent?

I see, you admit Trump and the Republicans screwed up and you want the Democrats to fix it. Got it.

zantax · 2021-11-18T15:03:34.886Z

SoCarolinaLiberal:

This is garbage. This heritage foundation piece is light on facts and heavy on hyperbole. The FACT that is ignored by just about everyone on the right is that the Trump/GOP tax cuts that are oh so praised by the right actually EXPIRE for we the people and the corporate tax cuts are permanent. Why don’t you folks out the blame where it should be? The fact that taxes are going up soon is not a Biden thing, it is once again, a TRUMP thing. Further, this talk about printing money and adding to inflation etc… where we’re you when this tax law was passed adding trillions of dollars to the debt and deficit? Again, selective ignoring of facts. Why do you all do this? Dems actually want to raise the SALT allowance which will reduce taxes for the middle class who pay more than 10k in combined property and state taxes. Where is the praise from the right on this??

My advice is to stop cheering on your team and being against the other team. Judge your opinions on facts and maybe your eyes will open to the real truth.

It is republicans/the right that spend like drunken sailors giving basically everything to the rich. The Dems tax and spend, which is how it is supposed to work. Tax and spend is not evil. Borrow and spend without ever a way to pay it back IS evil.

Psst, Republicans offered to make the personal tax cuts permanent, even put forth a bill to do so. Guess who opposed it and didn’t vote for it? Oh and SALT middle class? Too funny it helps like over 90% rich people.

from The SALT tax deduction is a handout to the rich. It should be eliminated not expanded | Brookings

Lifting the cap on the SALT deduction would massively favor the rich, with most of the benefit going to the top one percent
Lifting the cap would in fact give almost three times as much, as a share of the cut, to the top one percent as the TCJA cuts did as a whole (of course the absolute amount is very much less)
Even with the cap, the SALT deduction remains pro-rich, with around three-quarters of the benefit going to families in the top fifth of the income distribution

biggestal99 · 2021-11-18T16:43:14.986Z

zantax:

Psst, Republicans offered to make the personal tax cuts permanent, even put forth a bill to do so. Guess who opposed it and didn’t vote for it? Oh and SALT middle class? Too funny it helps like over 90% rich people.

SALT helps middle class people in jersey. It’s also helps the rich.

The poor. Nope.

Allan

gooddad409 · 2021-11-18T16:58:12.203Z

Samm:

thinkingman:

WuWei:

How much will the tax increase be?

it will only be on the 400k per yr evil greedy rich

Yeah. The rest of us pay through inflation.

Yep. Likely to be in the 10 to 15 percent range.

gooddad409 · 2021-11-18T16:59:26.059Z

SoCarolinaLiberal:

This is garbage. This heritage foundation piece is light on facts and heavy on hyperbole. The FACT that is ignored by just about everyone on the right is that the Trump/GOP tax cuts that are oh so praised by the right actually EXPIRE for we the people and the corporate tax cuts are permanent. Why don’t you folks out the blame where it should be? The fact that taxes are going up soon is not a Biden thing, it is once again, a TRUMP thing. Further, this talk about printing money and adding to inflation etc… where we’re you when this tax law was passed adding trillions of dollars to the debt and deficit? Again, selective ignoring of facts. Why do you all do this? Dems actually want to raise the SALT allowance which will reduce taxes for the middle class who pay more than 10k in combined property and state taxes. Where is the praise from the right on this??

My advice is to stop cheering on your team and being against the other team. Judge your opinions on facts and maybe your eyes will open to the real truth.

It is republicans/the right that spend like drunken sailors giving basically everything to the rich. The Dems tax and spend, which is how it is supposed to work. Tax and spend is not evil. Borrow and spend without ever a way to pay it back IS evil.

Irony Award Winner of the week!

Samm · 2021-11-18T22:40:39.228Z

NJBob:

Samm:

Then why don’t the Dems fix that and make those tax cuts permanent?

I see, you admit Trump and the Republicans screwed up and you want the Democrats to fix it. Got it.

They did not screw up. The tax cut bill would have never passed at all if it did not contain a sunset provision on the individual cuts. The corporate tax was “permanent” because to be an effective productivity incentive, it had to have a sense of stability. So now we have spend and tax Democrats looking to do away with that stability, while at the same time refusing to extend the individual tax cuts so they can blame that impending tax hike on Trump. Democrats have never met a tax they don’t love.

Samm · 2021-11-18T22:43:13.407Z

biggestal99:

zantax:

Psst, Republicans offered to make the personal tax cuts permanent, even put forth a bill to do so. Guess who opposed it and didn’t vote for it? Oh and SALT middle class? Too funny it helps like over 90% rich people.

SALT helps middle class people in jersey. It’s also helps the rich.

The poor. Nope.

It’s kind of hard to cut taxes for people who don’t pay taxes.

Samm · 2021-11-18T22:44:24.593Z

gooddad409:

Samm:

thinkingman:

WuWei:

How much will the tax increase be?

it will only be on the 400k per yr evil greedy rich

Yeah. The rest of us pay through inflation.

Yep. Likely to be in the 10 to 15 percent range.

Welcome to the '70s.

NJBob · 2021-11-18T22:47:26.238Z

Republicans were solely responsible for the sunset clause, they could have eliminated it but they didn’t care to. The tax cuts were meant for the rich donor class, not rank and file schlubs.

NJBob · 2021-11-18T22:49:23.194Z

biggestal99:

zantax:

Psst, Republicans offered to make the personal tax cuts permanent, even put forth a bill to do so. Guess who opposed it and didn’t vote for it? Oh and SALT middle class? Too funny it helps like over 90% rich people.

SALT helps middle class people in jersey. It’s also helps the rich.

The poor. Nope.

Allan

True.

Samm · 2021-11-18T23:14:40.089Z

NJBob:

Republicans were solely responsible for the sunset clause, they could have eliminated it but they didn’t care to. The tax cuts were meant for the rich donor class, not rank and file schlubs.

What part of “the tax cut bill would have never passed if it did not contain a sunset provision on the individual cuts” did you not understand? If the Dem’s want to correct their mistake of forcing that provision, they are in complete control to do so now.

Samm · 2021-11-18T23:16:42.784Z

NJBob:

biggestal99:

zantax:

Psst, Republicans offered to make the personal tax cuts permanent, even put forth a bill to do so. Guess who opposed it and didn’t vote for it? Oh and SALT middle class? Too funny it helps like over 90% rich people.

SALT helps middle class people in jersey. It’s also helps the rich.

The poor. Nope.

True.

How do you help people pay lower taxes if they pay no taxes?

gooddad409 · 2021-11-19T00:33:33.279Z

Samm:

gooddad409:

Samm:

thinkingman:

WuWei:

How much will the tax increase be?

it will only be on the 400k per yr evil greedy rich

Yeah. The rest of us pay through inflation.

Yep. Likely to be in the 10 to 15 percent range.

Welcome to the '70s.

Yep. I was around for the misery index too.

I think Brandon is even worse than Jimma.

RTchoke · 2021-11-19T02:18:54.023Z

gooddad409:

Samm:

gooddad409:

Samm:

thinkingman:

WuWei:

How much will the tax increase be?

it will only be on the 400k per yr evil greedy rich

Yeah. The rest of us pay through inflation.

Yep. Likely to be in the 10 to 15 percent range.

Welcome to the '70s.

Yep. I was around for the misery index too.

I think Brandon is even worse than Jimma.

Not yet according to the Misery Index.

biggestal99 · 2021-11-19T12:20:37.447Z

gooddad409:

I think Brandon is even worse than Jimma.

Jimmy Carter never passed a bipartisan infrastructure bill into law.

Allan

gooddad409 · 2021-11-19T16:45:30.039Z

RTchoke:

gooddad409:

Samm:

gooddad409:

Samm:

thinkingman:

WuWei:

How much will the tax increase be?

it will only be on the 400k per yr evil greedy rich

Yeah. The rest of us pay through inflation.

Yep. Likely to be in the 10 to 15 percent range.

Welcome to the '70s.

Yep. I was around for the misery index too.

I think Brandon is even worse than Jimma.

Not yet according to the Misery Index.

He is worse in that he is doing things deliberately to hard the country imo.

Jimmy was totally inept but i think he meant well. The woke libs guiding Brandon do not.

Plus it has been less than a year. Just give it time.

RTchoke · 2021-11-20T05:55:42.384Z

gooddad409:

RTchoke:

gooddad409:

Samm:

gooddad409:

Samm:

thinkingman:

WuWei:

How much will the tax increase be?

it will only be on the 400k per yr evil greedy rich

Yeah. The rest of us pay through inflation.

Yep. Likely to be in the 10 to 15 percent range.

Welcome to the '70s.

Yep. I was around for the misery index too.

I think Brandon is even worse than Jimma.

Not yet according to the Misery Index.

He is worse in that he is doing things deliberately to hard the country imo.

Jimmy was totally inept but i think he meant well. The woke libs guiding Brandon do not.

Plus it has been less than a year. Just give it time.

Yes, that is a great point.

Part of the problem is they haven’t updated the Index yet for the year 2021 (don’t know when they update after the new year).

Checking then may be eye opening.

zantax · 2021-11-20T06:43:18.687Z

The sweater address is coming.

https://www.nasdaq.com/market-activity/commodities/ng%3Anmx

If anyone is young, that is a reference to Jimmy telling Americans to just get used to less heat and wear a sweater.

zantax · 2021-11-20T06:44:56.069Z

And psst, it didn’t go over well.

RTchoke · 2021-11-20T06:45:18.253Z

They have already set the scene.

“Lower your Expectations”