“…… although some other changes in the bill, including the 21% corporate tax rate, would continue.”

So really where are the trillions of our taxpayers money going to?……

“You're looking at a lot of these tax credits, mandates, rules and regulations that add tremendous cost to families in the economy … The government has to take in revenues to pay for itself."

       So translation:...all benefits helping Americans workers will be eliminated.....far right extremists libertarians tech bros paid for government only ‘can afford ‘ massive handouts for billionaires corporations predatory practices and predatory profits.....

you will hear people lean more on their concerns about the deficit. You'll have others that will say, 'If we don't grow, we'll never get out of this hole.'"

       Whiny far right extremists libertarians tech bros fanboys ‘the deficit...the deficit ‘....really means: no more benefits to Americans workers.

Convicted felon rapist campaign promises to the bill, including eliminating taxes on tipped income, removing the cap on state and local tax deductions and not taxing social security benefits…..well that’s easy:

       You don’t pay taxes for what you don’t have......yet....

https://www.cnbc.com/2024/11/25/trump-tax-package-cost-gop-fight.html

And btw….school lunches won’t be even an issue anymore…because far right extremists republikans are about to eliminate free education for everyone in America …🗽

Extending the 2017 tax cuts would add $5 trillion to the deficit over 10 years, according to an estimate from the Congressional Budget Office….but..but….schools lunches….
byu/BikkaZz ineconomy



by BikkaZz

5 comments

  1. As someone who got a tax increase under Trump, I selfishly support letting the tax cuts expire.

    I don’t think that will happen under Republican controlled government, and I also think most of the cuts would have been extended under a democratic controlled government.

  2. Why do you post something like this and then “translate” it for the rest of us? Is it that you’re such a gifted economist, or that we are just morons and won’t understand the subject matter without your expertise?

    Leftists are coming undone and breaking apart. It’s really sad

  3. I think the key will monitoring Treasuries. The 10 year treasury is the same as election day, so markets are not spooked with increasing debt.

  5. So the plan is for them to extend the “tax cuts” but to use creative accounting to say they’re not adding to the deficit. It’s the GOP way.

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