Propaganda and lack of concern for ending government shutdown

[bae]

There is a reason why our forefathers required a 60% vote in the senate.

60% is not mentioned in the Constitution.

It comes from Rule XXII of the Standing Rules of the United States Senate. Which is just a business rule they adopted, and could change anytime.

[Rogar]

60% is not mentioned in the Constitution.

It comes from Rule XXII of the Standing Rules of the United States Senate. Which is just a business rule they adopted, and could change anytime.

I did not know that. Something like 1913, which isn't too many forefathers ago. I wonder if a 60% vote would be required to change.

[frugal-one]

I think my reply to your statement having to do with providing healthcare to working class people or giving tax cuts to millionaires was to point out that those "tax cuts" can make the difference between working class folks such as myself being able to live in my home of 30 years or not. When a person such as myself pays approximately 30% of their retirement income on taxes (local, state and federal) leaving us in a position of not being able to live comfortably without significant savings, what are your desires doing to those without savings? Wanting to increase taxes because you don't approve of millionaires makes things extra difficult for millions of working class folks.

Your response does not make sense to me. Tax cuts to millionaires make a difference to you vs affordable healthcare costs?

[Alan]

Your response does not make sense to me. Tax cuts to millionaires make a difference to you vs affordable healthcare costs?

It's actually pretty simple, the tax cuts you want to take away from millionaires will also be taken away from working class people who could really use them.

[frugal-one]

It's actually pretty simple, the tax cuts you want to take away from millionaires will also be taken away from working class people who could really use them.

Huh?
Search


Trump's proposed tax cuts for millionaires include significant increases in the SALT deduction cap, allowing high earners to deduct more state and local taxes, and expanded benefits for pass-through business owners, which could lower their effective tax rates. Additionally, the bill is expected to provide substantial tax breaks, with millionaires projected to receive an average tax cut of about $90,000.
cbpp.org CNBC
Overview of Trump's Proposed Tax Cuts for Millionaires
President Donald Trump's recent tax proposals include significant changes that primarily benefit high-income earners, particularly millionaires. These changes are part of a broader tax bill aimed at extending and expanding previous tax cuts.
Key Tax Changes for Millionaires
Increased After-Tax Income
Taxpayers earning $1 million or more are projected to see an increase in after-tax income by about 3%.
This translates to an average increase of approximately $75,000 in 2026 for millionaire earners.
SALT Deductions
The cap on state and local tax (SALT) deductions will rise from $10,000 to $40,000 for individuals earning less than $500,000.
This change allows high earners to deduct more of their state and local taxes, benefiting those in higher-tax states.
Estate and Gift Tax Changes
The estate tax exemption will increase to $30 million for couples, allowing wealthy heirs to pass on more wealth tax-free.
This change significantly reduces the tax burden on multimillion-dollar estates.
Pass-Through Business Income
The threshold to qualify as a "small business" for tax benefits will increase from $50 million to $75 million.
The pass-through deduction will be expanded, allowing business owners to deduct a larger portion of their income, effectively lowering their tax rate.
Child Tax Credit Adjustments
While the bill proposes a $500 increase in the Child Tax Credit, many low-income families will not benefit, as they do not qualify for the full credit.
Conclusion
These proposed tax cuts are designed to provide substantial financial benefits to millionaires and wealthy business owners, while leaving many working families with minimal relief. The focus on high-income earners reflects a continuation of policies that favor the wealthy.

[Alan]

Huh?
Search


Trump's proposed tax cuts for millionaires include ......(lots of stuff on millionaires but nothin on working class)

I know for the purpose of discussion you're only interested in those damned millionaires but if you broaden your scope a bit you'll see that those tax cuts you're against also help the rest of us and your desire to see those cuts go away will have an adverse effect on the working class as well.

Several months ago I posted the IRS tax brackets for all income groups showing differences between 2026 taxes with and without the extension of the 2017 tax cuts in the 2025 'Big Beautiful Bill', but I don't remember where that post resides, you probably saw it and forgot it but it's around here somewhere if your interested in finding it. The result for people in my tax bracket showed a several thousand dollar annual tax savings for someone like myself and possibly you as well which we would then both lose if your desire to see the rich taxed more would come true.

There's also the following article (one of many showing the same info) which doesn't go into as much detail as the IRS brackets did but you can easily see where those savings come from and who is affected if you're interested. https://www.cbsnews.com/news/taxes-2...eautiful-bill/

[bae]

I am not a "millionaire" by this new-fangled definition that uses income, rather than net worth. I deliberately keep my income pretty low.

The tax provisions in the Big **** Bill will save me a significant amount on my taxes, and allow me to realize more income each year without triggering additional tax.

But, I don't vote my pocketbook.

[catherine]

From what I can see the tex benefits for the middle class will be minimal, whereas, according to the Krugman article I posted a family of 4 making $100,000 a year in Ohio would experience a $300 monthly increase, raising their premiums from $500/mo to $800/mo.

Making the subsidies permanent would have much more of an impact on middle class people than the tax cuts. Again, in my research just today I'm writing about how regular people with decent jobs are struggling to find affordable healthcare options. Not making the subsidies permanent are going to really throw a serious monkey wrench into household budgets. The economy is not as great as Trump claims it is for working people. The cost of living has gone way up since COVID, which justifies keeping the insurance premium subsidies. in place.

[catherine]

Well, I have to give credit where credit is due. I think Marorie Taylor Greene has to be one of the bravest politicians in Washington. I am not with her on most things, but I think any person who can break from swallowing their party whole, and who have the chutzpah to speak up when they are not 100% aligned with their party has to be commended. Especially these days. She has criticized the party stance (without blaming Trump specifically of course which is probably very wise) on at least three major issues lately.