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re: The “Inflation Reduction Act” raises taxes for everyone making over $30K per year
Posted on 7/31/22 at 9:05 am to lsuguy84
Posted on 7/31/22 at 9:05 am to lsuguy84
quote:
Imagine creating these problems on purpose and then throwing this in people’s faces on top that. And people think 2022 is going to be a landslide They’re not worried about shite.
The Groomers probably have 50-60 million votes locked and loaded every election and that number is likely growing. Consider this.
The Groomers have 80-90% of all union voters which includes federal employees, they have the vast majority of college indoctrinated cultural Marxists under age 50, tens of millions of Americans dependent on government entitlements.
It’s not good for those America First patriot types who believe the strength of a vibrant economy and strong nation is found in individuals who share a spirit of self reliance and who crave freedom from an oppressive centralized government.
Posted on 7/31/22 at 9:27 am to FearlessFreep
quote:
Eh, probably not accurate in this instance. I mean, taking spending money out of the hands of people who earn it will likely reduce inflation. At least in theory.
Are you arguing the government is just trying to do us a favor? If you take money “out of the hands of people who earn it”, whose hands does it go into? Those who didn’t earn it presumably. Then they’ll spend it anyway and inflation will roll right along.
New taxes without a specific agreed-upon purpose is simply punishment.
Posted on 7/31/22 at 9:37 am to stout
It will raise taxes, and it is not possible to spend you way out of inflation. The only way the Inflation Reduction Act would work is if the act itself curbed new govt spending or raised taxes to pay for itself.
Posted on 7/31/22 at 10:01 am to tarzana
quote:
That's a great gulf fixed from Trump's tax cuts for The Rich
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