To pay for Trump tax cuts, House GOP floats plan to slash benefits for the poor and working class
To pay for Trump tax cuts, House GOP floats plan to slash benefits for the poor and working class
A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ultrawealthy.
Summary
House Republicans are considering a package of tax and spending cuts to fund Trump’s promised tax cuts.
The proposals target benefits for low-income Americans by cutting Medicaid funding and eliminating tax breaks for single parents.
Additional measures include reducing corporate tax rates, eliminating the federal estate tax, and scrapping the mortgage interest deduction.
Critics argue these changes would burden working families and worsen inequality, while proponents claim they will generate revenue.
By the time four years rolls around ... they'll be suggesting outright slavery in order to keep the lights running
"suggesting"
4? That's generous.
They'll have slaves in concentration camps long before that.
Slavery is legal for convicts, and there's going to be a whole lot of people in prison camps. But whenever anyone suggested that this should be addressed, it was too whole for even Democrats to talk about it.
Oh, how surprising. Who could have ever seen this coming!
reducing corporate tax rates
Oh, right, I was wondering why raising the taxes on the lower and middle class would prompt budget cuts too
I built a little empire out of some crazy garbage
Called the blood of the exploited working class
But they've overcome their shyness
Now they're callin' me Your Highness
And a world screams "Kiss me, son of god."Great song
As the purges commence, I'm wondering if there will even be a functioning IRS come April. When I send in my return will there be anyone at the IRS to process it?
Depends on what tax bracket you are in and maybe who you voted for. The new IRS will be even more charged up to go after certain classes and political foes. They'll be even more lenient on the uberrich, though.
I doubt someone like fElon or Bezos or Cuckerberg will even have to file taxes. Who the hell is going to punish them if they don't?
So, you are saying to all those union guys that voted for donvict - because he's a bigly manly white dude and not a pro-trans pro-DEI woke black lady that planned to murder us all with the antifa Communism - that this pampered rich socialite from Manhattan IS NOT going to do anything for them, and in fact, will be fucking them over?
Why, you could knock me over with a feather.
This will help all that "economic anxiety".