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HELLO?
How is THIS breaking news?
No link to a news item. Did someone get so up on their high horse they forgot how to check what is required on posting on "Breaking News?"
The president’s proposal calls for creating a new 39.6% tax bracket for individuals earning at least $2.5 million, or couples making $5 million, according to people familiar with the discussion.
And here I thought tariffs were going to replace income tax.It would be so amusing if Trump undercut Democrats and hiked taxes on the rich to pay for tax cuts for the middle class.
Perhaps if Demcorats weren't such flaming idiots they would get back to their roots of being for the working man and actually do something useful for the middle class on taxes. Instead they'll focus all their energy on letting hairy 40 year old men into the women's bathroom and telling little Johnny he's actually Sarah.
This is a strange way of admitting that Dems have been right about tax policy for decades.It would be so amusing if Trump undercut Democrats and hiked taxes on the rich to pay for tax cuts for the middle class.
Perhaps if Demcorats weren't such flaming idiots they would get back to their roots of being for the working man and actually do something useful for the middle class on taxes. Instead they'll focus all their energy on letting hairy 40 year old men into the women's bathroom and telling little Johnny he's actually Sarah.
let me know when that happens.The left will call Trump a fascist because of this.
It would be so amusing if Trump undercut Democrats and hiked taxes on the rich to pay for tax cuts for the middle class.
Perhaps if Demcorats weren't such flaming idiots they would get back to their roots of being for the working man and actually do something useful for the middle class on taxes. Instead they'll focus all their energy on letting hairy 40 year old men into the women's bathroom and telling little Johnny he's actually Sarah.
This is a strange way of admitting that Dems have been right about tax policy for decades.
This is a strange way of admitting that Dems have been right about tax policy for decades.
It would be so amusing if Trump undercut Democrats and hiked taxes on the rich to pay for tax cuts for the middle class.
Perhaps if Demcorats weren't such flaming idiots they would get back to their roots of being for the working man and actually do something useful for the middle class on taxes. Instead they'll focus all their energy on letting hairy 40 year old men into the women's bathroom and telling little Johnny he's actually Sarah.
It would be so amusing if Trump undercut Democrats and hiked taxes on the rich to pay for tax cuts for the middle class.
Perhaps if Demcorats weren't such flaming idiots they would get back to their roots of being for the working man and actually do something useful for the middle class on taxes. Instead they'll focus all their energy on letting hairy 40 year old men into the women's bathroom and telling little Johnny he's actually Sarah.
It's not really a flex. He still keeps a lower tax rate (37%) in place for people earning in the millions.
What do you believe the threshold should be?
Here ya' go:
Trump Seeks Tax Hike on Wealthy Earning $2.5 Million or More (2)
President Donald Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts in his signature economic package.news.bloomberglaw.com
It would be so amusing if Trump undercut Democrats and hiked taxes on the rich to pay for tax cuts for the middle class.
Perhaps if Demcorats weren't such flaming idiots they would get back to their roots of being for the working man and actually do something useful for the middle class on taxes. Instead they'll focus all their energy on letting hairy 40 year old men into the women's bathroom and telling little Johnny he's actually Sarah.
Appreciate it Chomsky but already added it in post #21.
What's "amusing"?
The Dems have been pressuring Trump, and he seems to capitulating to them.
Dems got what they wanted.
And it looks like something similar may happening with Trump's push for a Crypto bill:
Here:
(CNN) Senate Democrats block first-of-its-kind bill regulating cryptocurrency amid concerns over Trump’s crypto dealings
(CNN) Senate Democrats block first-of-its-kind bill regulating cryptocurrency amid concerns over Trump’s crypto dealings -- Senate Republicans were largely united in their support for the legislation, and even received a visit from David Sacks, the White House’s czar on AI and cryptocurrency...debatepolitics.com
It's not really a flex. He still keeps a lower tax rate (37%) in place for people earning in the millions.
Agreed.
$2.5M is a joke.
The current top bracket is $600K
Come'on Chomsky, do you really believe that?
When in our lifetimes have Republicans ever capitulated on raising taxes on the rich?
Yeah it's a gimmick to make the math work as a way to not look like they're totally giving the ultra-rich what they want, and maybe at least some GOP Senators and House members are growing concerned about the weakness of the dollar and strength of the overall economy.
More likely just cutting "tax cuts for the rich" dipshits off at the knees. Wanna bet Bernie and ACO cohort are slapping their foreheads and crying unconsolably.He is going for Bernie voters! (Trump already has the pervert vote.)
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It would be so amusing if Trump undercut Democrats and hiked taxes on the rich to pay for tax cuts for the middle class.
Given how many extremely wealthy we now have in the country, I'm not sure of how much income it would bring in. It might be substantial. I dunno'.
But Trump needs to do this increase to diffuse the traction the Dem talking-point has been getting.
And while Trump may not fear Bernie & AOC personally, I'm sure he sees the crowds they're bringing in.
He doesn't need to run in 2028....I guess he's prepping up for 2028?
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