Economy Trump Tax Cuts Announced.

[GearSolidMetal]

This clip has 11.9K Likes after being uploaded 17 minutes ago.

 

[panamaican]

I'm curious how far closing the carried interest tax loophole gets before Congress shuts it down. It's not a big number, about 1.2 billion annually but a lot of people in finance will not like that one.

 

[KOByFootStomp]

So he's taxing billionaires more to cover tax breaks for the middle class? I was told that there would only be tax breaks for Elon Musk and everyone else will pay more, how is this possible?

 

[MMA IAN]

Damn. I do 4 on 4 off, any shift on my day off is overtime and 1k a shift but I lose half of it to tax. No tax on that would feel very good.

 

[CantCucktheTuck]

Good

 

[nostradumbass]

More tax cuts for rich greedy waitresses.

 

[Strychnine]

 

[revoltub]

Crazy what you can do when you're not sending a trillion dollars to aboriginals to teach them how to respect pronouns.

 

[Osculater]

It's on Twitter/X so I must believe

 

[GearSolidMetal]

It's on Twitter/X so I must believe

The clip in the OP is Trump's Press Secretary.
It may as well be on CNN or any other news channel.

 

[HereticBD]

Damn. I do 4 on 4 off, any shift on my day off is overtime and 1k a shift but I lose half of it to tax. No tax on that would feel very good.

But have you talked to an angry leftist about it yet?

 

[Osculater]

The clip in the OP is Trump's Press Secretary.
It may as well be on CNN or any other news channel.

Brb........

 

[AbominableJoman]

Ffs. Are there any problems Trump is going to leave to fix next year, or just fix everything right off the bat. Just wow!

 

[Mr. Shickadance]

Destroy OSHA no such as thing as overtime, therefore you can’t tax it

 

[Osculater]

Destroy OSHA no such as thing as overtime, therefore you can’t tax it

Only hire for part-time and/or on salaries

 

[MMA IAN]

But have you talked to an angry leftist about it yet?

@Islam Imamate will be along soon to tell us all how this is actually bad I'm sure

 

[kflo]

So he's taxing billionaires more to cover tax breaks for the middle class? I was told that there would only be tax breaks for Elon Musk and everyone else will pay more, how is this possible?

um, most billionaires will pay less taxes if I’m reading this right…..

 

[cincymma79]

Executive branch can’t write laws so I won’t hold my breath

 

[Madmick]

Destroy OSHA no such as thing as overtime, therefore you can’t tax it

Why are you reaching to invent a hypothetical negative spin? Do you not support tax relief for mostly working class Americans? That's people making overtime pay. The top 1% generally don't collect overtime pay because they're the ones signing the checks.

Only hire for part-time and/or on salaries

Why would employers care whether or not their employees were taxed for overtime? That has nothing to do with government-influenced employer-based (dis)incentives to maintain full-time staff or allow overtime scheduling.

 

[Deorum]

Executive branch can’t write laws so I won’t hold my breath

The 2017 Trump Cuts will at least be renewed, Republicans control both chambers and can pass it with a simple majority through the reconciliation procedure as done last time. And that's about all anybody should expect out of them, considering they're fucking useless. Trump is wielding extraordinary executive power on a level that hasn't been seen in nearly a century to deliver on the many promises to the many different groups of people that were part of his 24 campaign coalition -- because Kongress is a total clown car, and utterly useless. They aren't doing shit but standing there with their mouths agape. It's going to be entertaining to watch him publicly skewer and destroy political careers when Republicans invariably let him and their constituents down. If Musk is still around, expect hundreds of millions of dollars to be thrown down on primaries to eradicate them.