9/10 times the "economists" who cook up estimates that say "X tax cut bill will reduce government intakes by Y" don't know their ass from their elbow.
The government deficit is not something that we can just keep taxing more and more to get out of, the slowing effect taxation has on an economy is well understood. At this point, only a substantial increase in actual economic growth (less taxes and more productivity) or flat out bankrupcy is going to fix anything related to the national debt.
“THE ONE, BIG, BEAUTIFUL BILL” has PASSED the House of Representatives! This is arguably the most significant piece of Legislation that will ever be signed in the History of our Country! The Bill includes MASSIVE Tax CUTS, No Tax on Tips, No Tax on Overtime, Tax Deductions when you purchase an American Made Vehicle, along with strong Border Security measures, Pay Raises for our ICE and Border Patrol Agents, Funding for the Golden Dome, “TRUMP Savings Accounts” for newborn babies, and much more! Great job by Speaker Mike Johnson, and the House Leadership, and thank you to every Republican who voted YES on this Historic Bill! Now, it’s time for our friends in the United States Senate to get to work, and send this Bill to my desk AS SOON AS POSSIBLE! There is no time to waste. The Democrats have lost control of themselves, and are aimlessly wandering around, showing no confidence, grit, or determination. They have forgotten their landslide loss in the Presidential Election, and are warped in the past, hoping someday to revive Open Borders for the World’s criminals to be able to pour into our Country, men to be able to play in women’s sports, and transgender for everybody. They don’t realize that these things, and so many more like them, will NEVER AGAIN happen!
No one should say Amen to an act of Congress that increases our debt. Praise Trump here for more dollars in our pocketbook buy this isn't the kind of thing that makes America solvent for future generations. That's what God wants.
They have the votes to go 50-50 and have Vance cast the tiebreaker. The 3 RINOs Murkowski, Collins, and McConnell unlikely to vote for it. Likely same outcome as Hegseth confirmation 51-50,
Trump appears to control Schumer, so maybe he makes him flip and humiliate himself, and get pounded by Ds again...lol.
Honestly, the tax stuff isn't that great if it's just a deduction at the end of the year. How bout absolutely no taxes on tips and overtime like he said. I've never ever had deductions go higher than the standard deduction on my taxes anyways.
30,000 foot view: Considering factions of the bureaucracy tried to kill us with a virus….maybe we get some kind of rebate or class action checks from said government…just
How about No Tax on Social Security?
That didn’t make it, however, Rep Massey has introduced a separate bill for that. Hope that goes thru…
Good cause we really need to stop the tax on Social Security.
Absolutely, I’m a senior too….
No shit they just sent me six grand..be nice if it's tax free
It figures.
Apparently, it could not be included in a reconciliation bill as that violates some law.
Unbelievable.
I get taxed because I work part-time and my husband is still working full-time.
4,000 exempt...
Whopping
yes this ^^^^^^^^^^^^^^^
I'm still hoping income tax and property tax will get replaced by tariffs.
“It’s our money”
FYI, Reps. Thomas Massie of Kentucky and Warren Davidson of Ohio were the 2 Republicans voting against it.
They were right to do it. It will lead to most of the new debt being added in Trump's term. There are no collection offsets.
The collection offsets is in the tariffs. It is all part of the move to walk away from the federal reserve and current banking system.
Are the tariffs being used to pay down the debt? If yes that's awesome
Is the bill named Big, Beautiful, Bill to mock Build Back Better? Both bbb, 666?
that's a stretch.....
Why?
Because this adds just as much to our debt. It's not the govt spending. It's trying to call it something different.
9/10 times the "economists" who cook up estimates that say "X tax cut bill will reduce government intakes by Y" don't know their ass from their elbow.
The government deficit is not something that we can just keep taxing more and more to get out of, the slowing effect taxation has on an economy is well understood. At this point, only a substantial increase in actual economic growth (less taxes and more productivity) or flat out bankrupcy is going to fix anything related to the national debt.
thought the same thing...
Arresting the thousands of comped, corrupt shitheads for starters should be in the plan for THIS year not next.
Byrd Rule as pertains to the Senate means the no taxes on SSI would have never happened insofar as the budget reconciliation goes, it has to be a seperate bill. Not really anyone's fault as far as the House goes.
https://truthsocial.com/@realDonaldTrump/114551462787614405
“THE ONE, BIG, BEAUTIFUL BILL” has PASSED the House of Representatives! This is arguably the most significant piece of Legislation that will ever be signed in the History of our Country! The Bill includes MASSIVE Tax CUTS, No Tax on Tips, No Tax on Overtime, Tax Deductions when you purchase an American Made Vehicle, along with strong Border Security measures, Pay Raises for our ICE and Border Patrol Agents, Funding for the Golden Dome, “TRUMP Savings Accounts” for newborn babies, and much more! Great job by Speaker Mike Johnson, and the House Leadership, and thank you to every Republican who voted YES on this Historic Bill! Now, it’s time for our friends in the United States Senate to get to work, and send this Bill to my desk AS SOON AS POSSIBLE! There is no time to waste. The Democrats have lost control of themselves, and are aimlessly wandering around, showing no confidence, grit, or determination. They have forgotten their landslide loss in the Presidential Election, and are warped in the past, hoping someday to revive Open Borders for the World’s criminals to be able to pour into our Country, men to be able to play in women’s sports, and transgender for everybody. They don’t realize that these things, and so many more like them, will NEVER AGAIN happen!
Amen.
I add my AMEN to yours SirBud! 🙏🙌
No one should say Amen to an act of Congress that increases our debt. Praise Trump here for more dollars in our pocketbook buy this isn't the kind of thing that makes America solvent for future generations. That's what God wants.
How nasty is the senate fight going to be? Im sure the usual Rhinos are going to oppose it just out of spite.
They have the votes to go 50-50 and have Vance cast the tiebreaker. The 3 RINOs Murkowski, Collins, and McConnell unlikely to vote for it. Likely same outcome as Hegseth confirmation 51-50,
Trump appears to control Schumer, so maybe he makes him flip and humiliate himself, and get pounded by Ds again...lol.
Honestly, the tax stuff isn't that great if it's just a deduction at the end of the year. How bout absolutely no taxes on tips and overtime like he said. I've never ever had deductions go higher than the standard deduction on my taxes anyways.
Stand by for the External Taxes to kick in and then there will be no Internal Taxes for most.
I hope your right. This bill isn't that great really from what I've seen and heard 2nd hand.
I will wait for the signing to be happy...
Must of been " an offer can't refuse" to RINO Chip Roy, by our brilliant "negotiator", President Trump.
And this big beautiful bill includes a draconian mandate giving the deep state free reign to rule and do whatever they want, unchallenged, with AI.
No state can pass ANY legislation that can put any restrictions on AI.
Good luck... you will need it.
30,000 foot view: Considering factions of the bureaucracy tried to kill us with a virus….maybe we get some kind of rebate or class action checks from said government…just
A good thought...
But there still is tax on seniors Social Security benefits. They are no better than the criminals before them.
Byrd Rule as pertains to the Senate means the no taxes on SSI would have never happened insofar as the budget reconciliation goes, it has to be a seperate bill. Not really anyone's fault as far as the House goes.
No tax on overtime is nice. Can you go part time and then just work full time as overtime? I guess not, but if so that's going to happen a lot.
Not always. We get overtime after 8 hours each day. Even if the work week is less than 40 hrs.