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Big Beautiful Tax Bill to increase national debt by $4.5 Trillion

Ol Hooch

Posted 6:11 pm, 05/22/2025

Among , who got you a 40 hour work week ? At least time and a half for all over 40 , or did you think companies thought that much of you ? How about unemployment insurance ? And a bunch more that was secured for us little people. Fair pay act. Civil rights and voting rights. Now give us a nice list of something else the gop has done ?!

Ol Hooch

Posted 6:05 pm, 05/22/2025

And fixing to take it and much more. But the 1% is being looked after aren't they ?

Wrecky Studhouse

Posted 6:04 pm, 05/22/2025

Ol poochie, having its daily meltdown

Anonymoose

Posted 6:00 pm, 05/22/2025

GOP gave you prescription coverage

Ol Hooch

Posted 4:39 pm, 05/22/2025

Come on back gop'ers and tell us again how much your party cares about us every day Americans ?

Ol Hooch

Posted 4:37 pm, 05/22/2025

( but boys do they love the 1% ? )

Ol Hooch

Posted 4:35 pm, 05/22/2025

Golly Gee. Isn't the gop concerned about the debt ??

Ol Hooch

Posted 3:25 pm, 05/22/2025

Only approximately 14 million to lose their insurance and add 3 trillion to the debt ov 10 years. Why aren't you gop'ers jumping for joy ?

antithesis

Posted 2:55 pm, 05/22/2025

Bernie and the Fruitfly said it would be given to ......Oligarcy's

Oligarcy's Anti, Oligarcy's
Learn the buzz word or posting

You mean... oligarchy? Learn the word or stop posting...

Can you explain the relevance of your post to the Trump budget's impact on the national debt, cuts to the poor, or diversion of federal money to the rich?

Foxnose

Posted 5:41 am, 05/22/2025

Bernie and the Fruitfly said it would be given to ......Oligarcy's

Oligarcy's Anti, Oligarcy's
Learn the buzz word or posting

antithesis

Posted 1:36 am, 05/22/2025

Republicans' massive bill to enact President Donald Trump's agenda would help the wealthiest Americans while diminishing resources for the poorest, according to a preliminary analysis from the nonpartisan Congressional Budget Office.

...

... resources would decrease by about 2% by 2027 for people in the lowest tenth (decile) of the income distribution and increase for people in the highest tenth of the income distribution due to cuts in Medicaid and the Supplemental Nutrition Assistance Program. That loss would grow to 4% by 2033, CBO estimated.

In comparison, household resources for Americans in the top ten percent would increase by about 4% by 2027 and 2% in 2033, mainly due to tax cuts.


https://www.usatoday.com/st...766010007/

That "lowest tenth" applies to anyone bringing home less than $32,200, after taxes.

Anonymoose

Posted 4:27 pm, 05/18/2025

Anti people making that little don't pay taxes plus they get free healthcare etc.

DB Cooper

Posted 3:44 pm, 05/18/2025

Hey smurf... do you pay your mommy rent? Or do you deadbeat her?

billythemountain

Posted 3:25 pm, 05/18/2025

Pretty sure 98% of MAGAts make way less than $51k. Most probably don't make a dime, but they're good at suckling from those of us who were born right.

antithesis

Posted 3:07 pm, 05/18/2025

Tax Foundation finds that the average American income would increase by 0.4% by 2034, with the majority of benefits going to foreigners in the form of higher interest payments on the increased debt.

The income increase would come from working more hours, as wages would decrease by 0.1%.


It also finds that "Americans making less than $30,000 will actually pay more in taxes... [and] American making less than $15,000... will pay 53% more in taxes." In comparison, "households making over a million will pay 6.4% less in taxes..."

Further, Penn Wharton Budget Model "found that many Americans who make less than $51,000 a year would see their after-tax income fall as a result of the Republican proposal beginning in 2026."

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