Millions Reported Dead As 'Big Beautiful Bill' Passes
(babylonbee.com)
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This is fake news
There were no people left alive after the winter of death
Yeah. We are all holograms.
I am an undead yokai currently typing this comment in the bathroom from an iPhone left behind in a college campus.
I'm gonna haunt this bathroom and give some leftist real night terrors /jk
"There were no people left alive after the winter of death"
u/#howl
Hopefully the death tax cut was in it- the hair dye poltergeist will still scream but their cat will be way wealthier
"Hopefully the death tax cut was in it- the hair dye poltergeist will still scream but their cat will be way wealthier"
...you can feel a wee bit joyous...
" No, the new bill, referred to as the "One Big Beautiful Bill Act" (OBBBA), which passed the House and Senate in June and July of 2025, did not eliminate the "death tax".
Instead, the bill made changes to the estate tax exemption, increasing the amount of an estate that can be passed on to heirs tax-free. Specifically, the OBBBA permanently increases the estate, gift, and generation-skipping tax exemption amounts to $15 million per individual (indexed for inflation), beginning in 2026. For married couples filing jointly, this exemption amount doubles to $30 million.
This is a significant change, as without this legislation, the estate tax exemption was scheduled to revert to a lower amount at the end of 2025. However, the estate tax itself remains in effect"
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Kinda bummer on that one. I know a lot of farmers and that tax can bury a small farm if they don’t navigate it correctly.Thank you for the explanation I have not had a chance to dissect the passed bill. Much appreciated
" I have not had a chance to dissect the passed bill. Much appreciated"
Trump’s tax bill could be a major win for Big Ag. Everyone else? Not so much. The bill, which just passed Congress, is a bailout for commodity growers and leaves small farmers — and U.S. consumers — out to dry.
https://grist.org/food-and-agriculture/trump-tax-bill-win-for-big-ag-everyone-else-not-so-much/
Well they did say, "over my dead body"