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Started By
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If Trump ends income taxes for those under $200k per year..
Posted on 4/27/25 at 7:16 pm
Posted on 4/27/25 at 7:16 pm
You will see this magical moment where the left and democrats will be upset that the bottom 88% of income earners in American will not be paying taxes.
22
Posted on 4/27/25 at 7:18 pm to SaintsReportExile
We'll see a lot of magical shite if spending isn't massively reigned in at the same time.
Posted on 4/27/25 at 7:24 pm to northshorebamaman
quote:
We'll see a lot of magical shite if spending isn't massively reigned in at the same time.
But yes
Posted on 4/27/25 at 7:31 pm to northshorebamaman
quote:
We'll see a lot of magical shite if spending isn't massively reigned in at the same time.
No doubt!!!
Posted on 4/27/25 at 7:31 pm to SaintsReportExile
They will spin it to idiots that they no longer get tax refunds, bc they no longer have to withhold from their paychecks all year long. That’s how dumb half the country is. They would be mad they stop getting their child credits.
Posted on 4/27/25 at 7:37 pm to TigerAttorney
quote:
They will spin it to idiots that they no longer get tax refunds, bc they no longer have to withhold from their paychecks all year long. That’s how dumb half the country is. They would be mad they stop getting their child credits.
You're not wrong, I can see a CNN headline. Trump to take away your tax refund. Millions will no longer get their tax refund towards the start of the year.
Posted on 4/27/25 at 7:38 pm to SaintsReportExile
I thought he wanted to shrink the deficit.
But now you're happy he's expanding it. Hypocrisy defined.
But now you're happy he's expanding it. Hypocrisy defined.
Posted on 4/27/25 at 7:39 pm to TigerAttorney
Isnt it essentially that anyone under 100,000 isnt paying any taxes anyway...
Posted on 4/27/25 at 7:43 pm to SaintsReportExile
It’s not happening. We have a $1.9 trillion annual deficit and a $37 trillion debt. We have a lot of hard work ahead of us to get that fixed, and we have run out of time to keep fooling around. Tariffs aren’t going to be a big factor in helping with this.
Posted on 4/27/25 at 7:53 pm to dafif
quote:
Isnt it essentially that anyone under 100,000 isnt paying any taxes anyway...
But they still get money back that they never paid in because if HOH, child tax credits...etc..They are gonna be pissed.
Posted on 4/27/25 at 7:54 pm to SaintsReportExile
As much as I would love this, there's zero chance of it happening.
At best we will just get the typical GOPe tax cuts.
At best we will just get the typical GOPe tax cuts.
Posted on 4/27/25 at 7:57 pm to SaintsReportExile
So $260k with 30% tax equals $199k with zero tax. I get everyone under the $200k threshold will celebrate but $200k is arbitrary and has no legitimate basis for the cutoff. It needs to be a flat tax for all, preferably 0%.
Unless everyone’s first $200k isn’t taxed, that would be fine
Unless everyone’s first $200k isn’t taxed, that would be fine
This post was edited on 4/27/25 at 8:12 pm
Posted on 4/27/25 at 7:58 pm to TigerAttorney
quote:I don't know if it’s true anymore, but when I was a young E5, with a wife and two kids, twenty years ago, I paid less than $200 a month in taxes and my "refund" was 9-10k. Even at the time, I knew there was no way that was sustainable.
They will spin it to idiots that they no longer get tax refunds, bc they no longer have to withhold from their paychecks all year long. That’s how dumb half the country is. They would be mad they stop getting their child credits
Point being, if it’s still anything like that, that's a pretty effective message for people in that situation.
Please don't misunderstand me. It's insane fiscal policy with our massive deficit, but people vote in their own self-interests, and the current system actually is in the self-interest of a sizable subset of voters.
Posted on 4/27/25 at 8:00 pm to j1897
quote:
thought he wanted to shrink the deficit.
But now you're happy he's expanding it. Hypocrisy defined.
The only way to reduce the deficit is to reduce spending.
Lowering taxes will help the economy (which raised tax revenue)
It is super simple yet so hard for people to comprehend
Posted on 4/27/25 at 8:01 pm to SaintsReportExile
If he does it I am going to put my career into neutral
Posted on 4/27/25 at 8:03 pm to thelawnwranglers
quote:Gonna be a lot less competition for those executive positions.
If he does it I am going to put my career into neutral
Posted on 4/27/25 at 8:08 pm to SaintsReportExile
Hopefully its to get the convo going for a flat tax
Posted on 4/27/25 at 8:12 pm to ReauxlTide222
That is the goal, stop government spending, and start consumer spending!
Posted on 4/27/25 at 8:13 pm to SaintsReportExile
There is only one person who can pull this off.......his name starts with a D....
Posted on 4/27/25 at 8:15 pm to SaintsReportExile
quote:
If Trump ends income taxes for those under $200k per year..
It ain't gonna happen.
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