Trump Tax Cuts’ Cost Estimated at $5 Trillion to $11 Trillion

21 comments

1. It’s about that time to start flying flags upside down

2. 

3. Crashing the US accelerates their fascist takeover plan. Soon you will be working for Russian Arab and Chinese oligarchs.

4. 

   🤏🏻

5. Is that a recession I hear???

6. Don’t worry doge cut like 55 billion… That will surely pay for it.

7. They beat the $4T target they needed to keep servicing the tax cuts that started in 2017! What great news /s

8. Am I wrong in my understanding that unfunded tax cuts expand the balance sheet and causes inflation? Is this not the same money printing that everyone complains about?

9. Don’t worry, he’s also pushing for no tax on tips or overtime. That will certainly *checks notes* add even more to the debt pile…

10. dont worry guys, to offset this, DOGE is focused on gutting the agencies that are <1% of the federal budget, including their $8m in software subscriptions to Politico. Efficiency!!

    (but don’t worry about the fact that SpaceX’s federal contracts are half as large as NOAAs entire budget… it’s NOAA that needs to be gutted for efficiency sake! that will solve the deficit.)

11. And of course, almost none of this will go towards helping the average working class family too. But, it will probably further crash the economy to help the oligarchy that helped Trump get where he is.

12. But corporations will trickle down, right? /s

13. Federal debt is only a problem if it is being spent on helping the middle and lower class, otherwise it’s a sparkling stimulus for the economy

14. And the 1% expects us poors to pay for it all! Nice jobs you broke ass MAGA rubes. 🤦‍♂️

15. Trump is a Mistake for America

16. Got to slash a lot of food stamps for that, and, perhaps sell the White House and the Rotunda too. Buy both, get the Supreme Court for free.

17. The latest [140,000 hires last month] and numbers from 2023 and 2024 are also being revised to a lower level and now tend to indicate employers are already hiring as if we are in a recession. The tax cut is not going to help either.

18. The increased federal deficit will become a real problem in the future. But Trump doesn’t care. He will be dead.

19. What’s wrong with keeping taxation the same while cutting expenditures?

20. So then is national debt a bad thing? This sub has told me multiple times that it doesnt matter so I am confused.

21. These tech bros know AGI and robots are around the corner and are trying to get as rich as possible before most humans become redundant and are stuck in a permanent underclass. I’m not hopeful for the future

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