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Debating with the enemy Discuss politics, current events, and other hot button issues here. |
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#1 | |
From a Land Down Under
![]() Join Date: Aug 2012
Location: toms river, nj
Age: 54
Posts: 24,097
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Re: Fresh Start Political Thread
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Ill try and explain in the simplest of terms. The progressive wing of the democratic party wants other bills passed before they get on board. The GOP will not even consider it because they are suddenly fiscally responsible again. They were not when they stamped Trumps tax breaks for the rich. The only bullshit here is that you are pretending not to understand the bigger picture. Which you usually don’t when it involves Trump in a negative light. In this case wasting our money on his rich bitch friends so that he can do a victory conga line at mara lago with them all. |
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#2 | |
Warpath Hall of Fame
Join Date: Mar 2009
Posts: 35,021
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Re: Fresh Start Political Thread
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Read up: https://www.brookings.edu/blog/up-fr...llion-dollars/ Ninety-six percent of the benefit would flow to the top 20 percent of the income distribution with the top 0.1 percent getting a tax cut of $154,000 per year, on average. To be fair, the middle class does get something. The middle 60 percent of the income distribution would receive, on average, a tax cut of $37 per year. Even in high-tax states, the middle class gets little. In New York, the top 1 percent would get a tax cut of about $103,000, on average. For those in the middle class, the benefit is just $90, on average. So repealing the cap is regressive and delivers little to no social benefit. Also, raising the tobacco, vape, etc. taxes directly hits the poor. You guys all are full of shit. It’s a socialist plan period which tax benefits the wealthy especially in high tax blue states.
__________________
My pronouns: King/Your ruler He Gets Us |
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#3 | |
Playmaker
Join Date: Sep 2019
Posts: 4,568
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Re: Fresh Start Political Thread
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If suspending or raising the SALT cap would benefit wealthy especially in blue states ... are you willing to concede that Trumps tax plan which started this SALT mess was designed to target blue states. Trump was such a partisan POS. President to half the country, vindictive petty asshole to the rest. -------------- Democratic-leaning blue states tend to be wealthier and pay more to the Federal Government than they get. In contrast, Republican-leaning red states tend to have less wealth and receive more Federal Government funds than they pay. In the MoneyGeek rankings, nine of the 10 most dependent states are considered red states. "Higher-income states produce the majority of the tax dollars that go into the Federal Government's pocket," Fallon says. Because of the higher income, states and their residents need less support and use fewer federal dollars. Fallon noted that recent tax code changes have made wealthy states' contributions more pronounced. "Before, people who paid large state income taxes would deduct those from their federal tax payments," she says. Now, state tax deductions are capped. "Ironically, it means the wealthier states' populations are paying even more." https://www.moneygeek.com/living/sta...t/#red-vs-blue Chico youre right .. it is fucking socialism. Tax code written to attack blue states to prop up red states even more. red states .. get your shit together you commie bastards. |
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