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re: Every Democrat voted against no tax on tips/overtime

Posted on 2/26/25 at 11:28 am to
Posted by Jorts R Us
Member since Aug 2013
17545 posts
Posted on 2/26/25 at 11:28 am to
quote:

It’s the only thing that could be relevant to your crying. Salary workers typically don’t get paid overtime. So this doesn’t “penalize” salary workers unless they’re eligible for overtime. Are you saying that this bill has an exemption to where those eligible salary workers will still be taxed on their overtime pay? I’m genuinely asking. If you know the part of the bill that includes this…..please post it.


The bill will come due one day. Those that will pay it will disproportionately come from the pool that isn't getting this little ETR nugget not to mention other prior nuggets they didn't qualify for. If you don't see that as punitive then maybe setting winners and losers with tax policy is just your thing.
Posted by PeleofAnalytics
Member since Jun 2021
5383 posts
Posted on 2/26/25 at 11:39 am to
Usually I would ask what other shite is in the bill but I just read the bill and there is nothing other than what Trump said it would be.

It takes a minute to read. It is about as simple as it gets.

Absolutely no reason to vote against it other than they are being petulant bitches that don't want Trump to get a win
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39610 posts
Posted on 2/26/25 at 11:41 am to
Damn

Board is alarmingly susceptible to propaganda when it suits them and in complete denial when it doesn’t
Posted by Boss
Member since Dec 2007
1790 posts
Posted on 2/26/25 at 11:43 am to
quote:

Usually I would ask what other shite is in the bill but I just read the bill and there is nothing other than what Trump said it would be.

It takes a minute to read. It is about as simple as it gets.
Absolutely no reason to vote against it other than they are being petulant bitches that don't want Trump to get a win


Except that spending goes up over the next 10 years, and the debt balloons to 55 trillion?
Posted by PeleofAnalytics
Member since Jun 2021
5383 posts
Posted on 2/26/25 at 11:54 am to
quote:

Except that spending goes up over the next 10 years, and the debt balloons to 55 trillion?


What part of the bill says spending goes up.

H.R. 561
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
73069 posts
Posted on 2/26/25 at 11:57 am to
quote:

We should all be taxed the same amount regardless of income.


I haven’t seen you crying about tax-free inheritance or gifts yet. Both are considered income after a certain dollar amount.
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
73069 posts
Posted on 2/26/25 at 11:59 am to
That’s a whole lot to say without ever actually saying anything at all.
Posted by Boss
Member since Dec 2007
1790 posts
Posted on 2/26/25 at 12:01 pm to
Congressional resolution

Uh, right there.

(4) DEFICITS.—For purposes of the enforcement of this concurrent resolution, the amounts of
12 the deficits are as follows:
13 Fiscal year 2025: $2,081,821,000,000.
14 Fiscal year 2026: $1,856,417,000,000.
15 Fiscal year 2027: $1,755,228,000,000.
16 Fiscal year 2028: $1,901,485,000,000.
17 Fiscal year 2029: $1,854,462,000,000.
18 Fiscal year 2030: $1,975,904,000,000.
19 Fiscal year 2031: $1,990,221,000,000.
20 Fiscal year 2032: $2,044,925,000,000.
21 Fiscal year 2033: $2,229,056,000,000.
22 Fiscal year 2034: $2,119,226,000,000.

23 (5) DEBT SUBJECT TO LIMIT.—The appropriate
24 levels of debt subject to limit are as follows:
25 Fiscal year 2025: $37,660,656,000,000.
Fiscal year 2026: $39,839,449,000,000.
2 Fiscal year 2027: $41,752,932,000,000.
3 Fiscal year 2028: $43,721,320,000,000.
4 Fiscal year 2029: $45,725,094,000,000.
5 Fiscal year 2030: $47,646,893,000,000.
6 Fiscal year 2031: $49,490,401,000,000.
7 Fiscal year 2032: $51,311,359,000,000.
8 Fiscal year 2033: $53,342,100,000,000.
9 Fiscal year 2034: $55,566,372,000,000.
Posted by jizzle6609
Houston
Member since Jul 2009
20091 posts
Posted on 2/26/25 at 12:03 pm to
quote:

I haven’t seen you crying about tax-free inheritance or gifts yet. Both are considered income after a certain dollar amount.


What does this have to do with anything?

If your parents have done well and happen to be financially sound why should the kids pay tax?

Also, if you are good with your money and have been pumping the max into a roth for 40 years and never intend on pulling out all that money is tax free anyways by nature of the account. Just let it run and compound the interest until death.

Tie everything else into stocks then the stocks get transferred and cant be taxed until they are sold but are taxed at the cost basis when the children receive the stocks not when the parents bought them.

So by planning someone should be taxed? Taking the time to figure this all out should be taxed just because right? Should they also be taxed for paying off their house early and not having any debt while also having pension in excess of 6 figures?

Why would you punish these people? They have built something, their American dream, and someone wants to tax it all.

Quite the lazy folks we have in this country.

This post was edited on 2/26/25 at 12:06 pm
Posted by LegendInMyMind
Member since Apr 2019
75112 posts
Posted on 2/26/25 at 12:07 pm to
quote:

Interesting. Were those the only two items in the resolution?

Of course not. It was yet another bill packed full of shite. We can't have single issue bills.
Posted by Dixie2023
Member since Mar 2023
5208 posts
Posted on 2/26/25 at 12:08 pm to
Inheritance and gifts should not be taxed. Those are not earned income to the recipient.
Posted by jizzle6609
Houston
Member since Jul 2009
20091 posts
Posted on 2/26/25 at 12:10 pm to
quote:

Inheritance and gifts should not be taxed. Those are not earned income to the recipient


But folks want a piece of that pie so so so bad.

Oh, they did a good job, lets take their shite Russia style 1900s.
Posted by TigerCoon
Member since Nov 2005
22469 posts
Posted on 2/26/25 at 12:11 pm to
when Medicaid gets cut, you can go ahead and pick up insurance premiums for a few of your local illegals.
Posted by PeleofAnalytics
Member since Jun 2021
5383 posts
Posted on 2/26/25 at 12:11 pm to
That is the budget. Not the bill.

But congrats. You can automatically point to that portion of the budget report to object to every single conceivable tax cut and every conceivable increase in spending in any proposed bill.

Is that your position? 100% now new tax cuts, no new spending at all? Why not? Well look at the budget.

Posted by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
10612 posts
Posted on 2/26/25 at 12:12 pm to
quote:

Boss


Those are limits, not what it is going to be.

That would avoid the Kabuki every few months of the democrats wailing about government shutdowns.
Posted by Boss
Member since Dec 2007
1790 posts
Posted on 2/26/25 at 12:18 pm to
quote:

That is the budget. Not the bill.


Wrong.

Bill
Posted by Boss
Member since Dec 2007
1790 posts
Posted on 2/26/25 at 12:19 pm to
quote:

Those are limits, not what it is going to be.

That would avoid the Kabuki every few months of the democrats wailing about government shutdowns.


And Congress is historically known for underspending. You're right, that isn't what it is going to be, it'll end up being more somehow. This is not an issue that can just be magically fixed like some of you believe.
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
73069 posts
Posted on 2/26/25 at 12:25 pm to
quote:

What does this have to do with anything?


Thank you for confirming to me that you don’t know what you’re talking about.

quote:

If your parents have done well and happen to be financially sound why should the kids pay tax?


Ah. So you ARE ok with some forms of income to not be taxed. Thanks.

You’re really close to figuring this whole thing out.
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
73069 posts
Posted on 2/26/25 at 12:28 pm to
Cool Story. I never said they should be taxed.
Posted by jizzle6609
Houston
Member since Jul 2009
20091 posts
Posted on 2/26/25 at 12:30 pm to
[quote]quote:What does this have to do with anything? Thank you for confirming to me that you don’t know what you’re talking about. quote:If your parents have done well and happen to be financially sound why should the kids pay tax? Ah. So you ARE ok with some forms of income to not





Obviously you don’t understand earned from unearned.

Probably an hourly wage worker.
This post was edited on 2/26/25 at 12:32 pm
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