U.S. Politics

[Richard Smith]

Yes, so the American upper class will benefit disproportionally from the tax cuts and the lower and middle class will be burdened disproportionally by the increased prices on imported goods!!!

Trump ended taxes on tips and almost all social security.  How many "upper class" types rely on tips and social security?  Vladimir will be very disappointed in these weak disinformation attempts.   Do better or it will be the Gulag.

[Tom Graves]

Trump ended taxes on tips and almost all social security.  How many "upper class" types rely on tips and social security?  Vladimir will be very disappointed in these weak disinformation attempts.   Do better or it will be the Gulag.

Who are you trying to fool, Smith?

The reality:

Between 2026 and 2034, there will be $535 billion in cuts to Medicare.

Only cash tips are tax-exempt.

The extra deduction for seniors on SS benefits is set to expire after 2028.

And oh yeah, and the so-called Big Beautiful Bill adds at least $3.4 trillion to The National Debt.

[Richard Smith]

Who are you trying to fool, Smith?

The reality:

Between 2026 and 2034, there will be $535 billion in cuts to Medicare.

Only cash tips are tax-exempt.

The extra deduction for seniors on SS benefits is set to expire after 2028.

And oh yeah, and the so-called Big Beautiful Bill adds at least $3.4 trillion to The National Debt.

Comrade Putin will be pleased with your constant attacks on the US.  Do you think anyone is going to restore the taxes on social security in 2028 after seniors get used to them?  Who is going to do that?  The Dems?  That would be election suicide.  And imagine complaining that the social security tax cuts might expire one day?  HA HA HA.  Any tax law can be changed by Congress.  How many billionaires rely on "cash tips"?  LOL.  That limitation is to avoid abuse by creating a loophole for gratuities among more affluent types.  Imagine trying to spin tax breaks for tips and social security as a tax break only for billionaires.  Everyone else who pays taxes will get a break.  Just because many leftists have no jobs and pay no taxes and therefore are only are on the government dole doesn't mean only billionaires are benefitting.  Putin needs to supply you with new material.

[Charles Collins]

Comrade Putin will be pleased with your constant attacks on the US.  Do you think anyone is going to restore the taxes on social security in 2028 after seniors get used to them?  Who is going to do that?  The Dems?  That would be election suicide.  And imagine complaining that the social security tax cuts might expire one day?  HA HA HA.  Any tax law can be changed by Congress.  How many billionaires rely on "cash tips"?  LOL.  That limitation is to avoid abuse by creating a loophole for gratuities among more affluent types.  Imagine trying to spin tax breaks for tips and social security as a tax break only for billionaires.  Everyone else who pays taxes will get a break.  Just because many leftists have no jobs and pay no taxes and therefore are only are on the government dole doesn't mean only billionaires are benefitting.  Putin needs to supply you with new material.

Do you think anyone is going to restore the taxes on social security in 2028 after seniors get used to them?  Who is going to do that?  The Dems?  That would be election suicide.  And imagine complaining that the social security tax cuts might expire one day?  HA HA HA.

Richard, as I understand it, the expiration of the temporary “enhanced” standard deduction for seniors is most definitely already set to expire in three more years. There is no “might expire one day” to it. It will automatically expire unless it is specifically extended by the powers who be at that point in time. Who knows what might happen in three more years? The political climate could easily be quite different. I think it is a legitimate fear for seniors. But most do not seem to have recognized the temporary nature of this act.

[Richard Smith]

Do you think anyone is going to restore the taxes on social security in 2028 after seniors get used to them?  Who is going to do that?  The Dems?  That would be election suicide.  And imagine complaining that the social security tax cuts might expire one day?  HA HA HA.

Richard, as I understand it, the expiration of the temporary “enhanced” standard deduction for seniors is most definitely already set to expire in three more years. There is no “might expire one day” to it. It will automatically expire unless it is specifically extended by the powers who be at that point in time. Who knows what might happen in three more years? The political climate could easily be quite different. I think it is a legitimate fear for seniors. But most do not seem to have recognized the temporary nature of this act.

I doubt any politician from either party is going to allow this to expire.  That would be political suicide.  The more relevant point, however, is that the tax cuts relating to social security and tips (no matter of what duration) benefit those on limited incomes and not billionaires.  The repeated claim that the Trump tax cuts are only for the billionaires is false. 

[Michael Capasse]

All income groups received tax benefits, although the highest earners captured disproportionately more of the total dollar value—and saw the largest percentage increases relative to their income. “...tax breaks for billionaires, permanent; tax breaks for everybody else, expire.”

  Hooray for the billionaires !!!

[Royell Storing]

  People that consistently complain about somebody getting a bigger handout than they are, are one thing. Show Boats! Cory "Spartacus" Booker is the Poster Boy for these spot light seeking people that throw hissy fits 24/7. These Drama Queens make a spectacle of themselves and whatever "message" they might have gets lost in the hoopla they manufacture.   

[Richard Smith]

All income groups received tax benefits, although the highest earners captured disproportionately more of the total dollar value—and saw the largest percentage increases relative to their income. “...tax breaks for billionaires, permanent; tax breaks for everybody else, expire.”

  Hooray for the billionaires !!!

Make sure to vote republican then to ensure that the Trump tax cuts are not repealed.  Of course, the people who pay the most taxes receive the greatest benefit from tax cuts but everyone who pays taxes will benefit.  Why didn't the Dems cut taxes on social security and tips?