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re: Why are poors for these tax cuts?
Posted on 5/26/25 at 8:57 am to CaptEasy
Posted on 5/26/25 at 8:57 am to CaptEasy
quote:
Are you the guy that is trying to save up $3,500 for a side by side?
Nah, you should stop listening to lightweights and pathological liars.
This post was edited on 5/26/25 at 8:59 am
Posted on 5/26/25 at 8:58 am to SquatchDawg
actually if the child tax credit zero's out your income tax it's capped at $1600.
after the standard deduction, employer heath insurance which is paid in pretax dollars and a 401k also pre tax dollars and you find yourself owing about 3 grand with two kids and a potential $4000 dollar tax credit which would erase your tax debt plus give you an extra thousand dollars then your child tax credit is capped at $1600. meaning instead of paying zero income tax and getting $1000 back you'll pay zero income tax and getting $200 back.
by the way that's every married filing joint with two kids making 100k a year or less.
here's the great news if we let the trump tax cuts expire the child tax credit goes back to 600 dollars and i can itemize again!
after the standard deduction, employer heath insurance which is paid in pretax dollars and a 401k also pre tax dollars and you find yourself owing about 3 grand with two kids and a potential $4000 dollar tax credit which would erase your tax debt plus give you an extra thousand dollars then your child tax credit is capped at $1600. meaning instead of paying zero income tax and getting $1000 back you'll pay zero income tax and getting $200 back.
by the way that's every married filing joint with two kids making 100k a year or less.
here's the great news if we let the trump tax cuts expire the child tax credit goes back to 600 dollars and i can itemize again!
Posted on 5/26/25 at 9:07 am to RogerTheShrubber
quote:All the ideas and money in the world are useless without the workers.
Cogs in the machine. Its the "idea people" and the moneyed people who move the world. Not the worker.
I have no issue with billionaires. Men like Musk have led innovation and have used their wealth to advance our technology. He also invests in America.
Posted on 5/26/25 at 9:07 am to fareplay
Do rich people pay more taxes than you?
Posted on 5/26/25 at 9:08 am to BuckI
quote:
All the ideas and money in the world are useless without the workers
Tech and machinery have destroyed that ideal. Workers are cheap and replaceable.
Instead of waiting for the Gubment to give you a raise, how about you increase your value instead.
Posted on 5/26/25 at 9:10 am to RogerTheShrubber
quote:We used to be number 1.
We have the second largest mfg base in the world.
Posted on 5/26/25 at 9:12 am to BuckI
quote:
We used to be number 1.
Per capita we still are.
You folks are ignorant. We still run the world, you've just been left behind in the modern economy.
Posted on 5/26/25 at 9:19 am to RogerTheShrubber
quote:
Per capita we still are.
You folks are ignorant. We still run the world, you've just been left behind in the modern economy
Posted on 5/26/25 at 9:22 am to BuckI
quote:
We've become a nation of importers.
Because we are wealthy. The alternative is to become poor again so we can make rubber dog shite.
And it benefits you too, you just are programmed to not understand why.
Posted on 5/26/25 at 9:24 am to RogerTheShrubber
We import cheap shite. That isn’t a life of the wealthy.
Posted on 5/26/25 at 9:25 am to momentoftruth87
quote:
We import cheap shite.
Because its not economical to manufacture cheap shite here with shitty low wage pay.
Youre starting to get it. Might be hope for you after all.
Posted on 5/26/25 at 9:25 am to RogerTheShrubber
quote:
Per capita we still are. You folks are ignorant. We still run the world
It’s not always how much you make but instead what you make.
We cannot service our own industries without foreign manufacturing.
Posted on 5/26/25 at 9:26 am to fareplay
Why is fareplay an idiot?
This post was edited on 5/26/25 at 9:27 am
Posted on 5/26/25 at 9:28 am to jclem11
quote:
The poors were scammed and fleeced once again and think they won.
Maybe they like the larger standard deduction and the lower tax brackets.
Posted on 5/26/25 at 9:29 am to CDawson
quote:
It’s not always how much you make but instead what you make.
We make high value, high tech products and offshore stuff that can be produced cheaply.
We are winning. Y'all are just uninformed and believing liars who should know better.
Posted on 5/26/25 at 9:30 am to RogerTheShrubber
Yeah but you said it’s because we’re rich. We shouldn’t be spending our money on importing that cheap shite nor manufacturing it. I think that’s a huge reason why our poorer people are poor, just my opinion.
Posted on 5/26/25 at 9:30 am to dickkellog
quote:
the middle class hasn't paid any real income tax since the W bush administration
Posted on 5/26/25 at 9:32 am to momentoftruth87
quote:
Yeah but you said it’s because we’re rich
We are
quote:
. We shouldn’t be spending our money on importing that cheap shite nor manufacturing it
Some people want it. Particularly poor people. Cheap imports have done more to help the poor than your own government.
quote:
. I think that’s a huge reason why our poorer people are poor, just my opinion.
Cheap imports have been awesome for our poor. You have more faith in government, I trust markets.
Posted on 5/26/25 at 9:36 am to RogerTheShrubber
quote:Trade deficits with China benefit us?
Because we are wealthy. The alternative is to become poor again so we can make rubber dog shite.
And it benefits you too, you just are programmed to not understand why.
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