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re: Secretary Howard Lutnick "Trump wants to work towards No Tax on 150K or less

Posted on 3/12/25 at 9:40 pm to
Posted by Jake88
Member since Apr 2005
74921 posts
Posted on 3/12/25 at 9:40 pm to
We don't need even fewer people paying taxes.
Posted by NoMercy
Member since Feb 2007
3479 posts
Posted on 3/12/25 at 9:42 pm to
quote:

What happened to having skin in the game?


Well I personally would still be paying property taxes. So being a home owner counts as skin in the game for one.
This post was edited on 3/12/25 at 10:13 pm
Posted by cadillacattack
the ATL
Member since May 2020
7534 posts
Posted on 3/12/25 at 9:43 pm to

quote:

I mean getting the first 150k free would help me out. Wonder how he plans to offset that revenue loss and still balance the budget....


external revenues from Tariffs

Reducing the size of federal government while returning some duties to the States

Reduce expense by significantly reducing waste, fraud, abuse

Posted by jamiegla1
Member since Aug 2016
7543 posts
Posted on 3/12/25 at 9:43 pm to
This is seriously dumb
Posted by Bigdawgb
Member since Oct 2023
2431 posts
Posted on 3/12/25 at 9:43 pm to
quote:

. No i believe that has a chance in hell of actually happening (this is a planned distraction, for those playing at home).


Go away then, or is arguing over a nothingburger the way you prefer to spend your time??
Posted by TigerVespamon
Member since Dec 2010
6905 posts
Posted on 3/12/25 at 9:45 pm to
I’d be down with that if the first $150k I earn each year is exempt from income tax.
Posted by momentoftruth87
Your mom
Member since Oct 2013
84074 posts
Posted on 3/12/25 at 9:49 pm to
quote:

Go away then, or is arguing over a nothingburger the way you prefer to spend your time??


He logged out right as he was getting dragged
Posted by Lieutenant Dan
Euthanasia, USA
Member since Jan 2009
7971 posts
Posted on 3/12/25 at 9:52 pm to
quote:

If anyone can do it, Trump can. Tall order. Here's hoping.




Correct.


Imagine being the ones who bet against Trump in the past, and looked like fools.


Now, imagine these same people betting against Trump again

.



There is only one way to approach these smooth brains. They just can't see past the hate.



Posted by Rize
Spring Texas
Member since Sep 2011
17302 posts
Posted on 3/12/25 at 9:52 pm to
quote:

I’d be down with that if the first $150k I earn each year is exempt from income tax.


I’d have to think really hard about cutting back to working 3 days a week vs 5. Not sure it would be worth me working the extra 2 days depending on how the numbers shake out.
This post was edited on 3/12/25 at 9:54 pm
Posted by Jorts R Us
Member since Aug 2013
15829 posts
Posted on 3/12/25 at 9:53 pm to
Bwahahahaha.
Posted by DisplacedBuckeye
Member since Dec 2013
76732 posts
Posted on 3/12/25 at 9:54 pm to
quote:

Holy f*ck this is stupid.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
39376 posts
Posted on 3/12/25 at 9:56 pm to
quote:

this has never existed afict.


I've never seen anything close to a plan either and there's no way he could do it and keep promises about SS, MC, MA not getting cuts. Hell the CR throws 6 billion more at the military.

Posted by Tuscaloosa
12x Award Winning SECRant user
Member since Dec 2011
49168 posts
Posted on 3/12/25 at 10:09 pm to
It is incredible the number of people rushing in who obviously didn’t watch the interview.

You people are such fricking retards.

Reeeeeeeeeeeeeeeee
Posted by DisplacedBuckeye
Member since Dec 2013
76732 posts
Posted on 3/12/25 at 10:13 pm to
Nice try.

I watched the video.

It's fricking stupid.
Posted by baldona
Florida
Member since Feb 2016
22385 posts
Posted on 3/12/25 at 10:22 pm to
quote:

Nice try. I watched the video. It's fricking stupid.


Why is it stupid?

Have you ever traveled outside of the US?

Look at the numbers as far as hours worked, GDP, income, etc.

Americans are working and spending our asses off.

This idea that American workers should be paying for Canadian, European, etc liberal fanatical social work expenses is absurd. Yet we are.
Posted by Tiger in NY
Neptune Beach, FL
Member since Sep 2003
31013 posts
Posted on 3/12/25 at 10:22 pm to
So if you make more than that, are you just taxed on the amount over $150k?

If not, that's fricked.
Posted by Ostrich
Alexandria, VA
Member since Nov 2011
9587 posts
Posted on 3/12/25 at 10:23 pm to
I don't see why families making under $150K shouldn't be paying their share.
Posted by Big Scrub TX
Member since Dec 2013
36792 posts
Posted on 3/12/25 at 10:25 pm to
quote:

Secretary Howard Lutnick "Trump wants to work towards No Tax on 150K or less
Talk about ridiculous. So we'll just have no tax base whatsoever?
Posted by Rohan Gravy
New Orleans
Member since Jan 2017
19384 posts
Posted on 3/12/25 at 10:33 pm to
quote:

Holy f*ck this is stupid.




Holy f*ck you’re stupid.
Posted by DisplacedBuckeye
Member since Dec 2013
76732 posts
Posted on 3/12/25 at 10:34 pm to
I mean, how else could we possibly avoid being ripped off by the rest of the world?

hAvE yOu EvEr EvEn LeFt AmEriCa, Br0?
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