trump supporters

Pssst . . . the government printing money hand over fist and thus depreciating the worth of money IS a tax on everyone. It even has got a name. It's called Biden generated HYPER-INFLATION.

Yeah, we never printed money before Joe Biden became president. LOL!

There are so many nuances to this, I'm not about to waste my time debating with another one of you uninformed cultists. Like I get Joe Biden sucks, but you people are even trying to blame gas prices on him. Like there's real criticisms but you all go for the dumb shit over and over.

No one is going to raise taxes for the wealthy. Both Parties either print money or tax the middle class/working folks. The two Parties want us to fight among ourselves. Divide and conquer.
They are Both the same Party. 50s5dh.jpg (click to show)

The point is this is not going to affect the regular middle class American but the right wing media are fear mongering that they are secretly going to raise taxes on the middle class.Then these uninformed morons hear it and get all pissed off and ready to over-throw the government. I argued with several idiots about this yesterday online.

One of the two big tax elements would significantly scale back a tax code provision known as "carried interest," which lets money managers pay taxes on much of their income at capital-gains rates, which are lower than the regular rates for personal income.

The other provision would make it harder for companies reporting at least $1 billion in profits to escape corporate income taxes. Such companies would have to pay at least 15% in such taxes, which many currently do not.

Well actually overall, the federal tax burden for all Americans would rise by 1.4%. For those earning between $30,000 and $100,000, the increase would be less than 1%; for those earning less or more, the increase would exceed 1%. (An individual household’s tax burden may go up or down; the 1.4% figure is an average.)

I didn't click on this but you are right the ultra-wealthy do not pay there fair share in taxes.

an analysis by the Tax Foundation found the increase in corporate taxation would reduce economic output by 0.2%, eliminate close to 30,000 full-time jobs in the U.S. and reduce average after-tax incomes for all Americans over the long run.

That’s because shareholders, including retirees and working people, will bear the brunt of the corporate tax increase, the researchers say. So, it will affect Average Americans in this way.

The study "is informative but not comprehensive," wrote the Committee for a Responsible Federal Budget, a group that favors deficit reduction and has been skeptical of many of Biden’s legislative efforts, citing their cost. "In particular, it’s important to note that the (bill) does not raise taxes on those making less than $400,000 per year. It will indirectly affect those households in a number of ways, but even then, the net effect is likely to be to increase their real disposable income."For instance, the bill’s climate provisions would offer tax credits to people who buy electric vehicles and implement energy-efficiency improvements, and to companies that make renewable energy equipment.

Of even greater importance to Americans on the lower end of the income spectrum are subsidies for insurance under the Affordable Care Act. The subsidies would be extended for three years rather than ending by the close of this year.

Also important for a broad range of Americans would be the drug-negotiation provision for Medicare, although the impact might take longer to land than for the other provisions.

"Before relitigating the debate over President Biden’s pledge not to raise taxes on households making less than $400,000 a year, it’s worth keeping these missing pieces in mind," wrote William G. Gale and John Buhl for the Urban-InstituteBrooking Istitution tax policy.

Yet, you continue to waste your time debating with the VERY INFORMED and keep getting your ass handed to you.

Allow Medicare to negotiate with drug companies

you really don't know what you're talking about, do you?

Of even greater importance to Americans on the lower end of the income spectrum are subsidies for insurance under the Affordable Care Act. The subsidies would be extended for three years rather than ending by the close of this year.

Also important for a broad range of Americans would be the drug-negotiation provision for Medicare, although the impact might take longer to land than for the other provisions.

the bill’s climate provisions would offer tax credits to people who buy electric vehicles and implement energy-efficiency improvements, and to companies that make renewable energy equipment.

Like I said, you don't know what your talking about...you are copying and pasting political drivel

Also, over the next ten years they have to replace the retiring boomers.

Please go read the entire bill. There is not "additional" anything they are REPLACING and it takes place over TEN years.

If you can't understand what it says that is your problem not mine.

The 87,000 figure includes hires across the agency, including IT and taxpayer services, not just enforcement staff as the claim suggests. And many of those hires would go toward holding staff numbers steady in the face of a history of budget cuts and a wave of projected retirements.

Projections of over 700,000 new audits of modest income filers are based on flawed assumptions, and run counter to the strategy the IRS plans to follow.

The Treasury Department says people and small businesses making under $400,000 per year will see no change, while audits of corporations and high net-worth individuals will rise.

So, because of all the budget cuts they had to lay off a ton of people, so your "additional" claim leaves out that very important FACT.

stop cramming my notifs with your bullshit.

You started it Big Boy.

The IRS will lose about 50,000 people over the next five or six years," said Natasha Sarin, Treasury’s counselor for tax policy and implementation. "A lot of this hiring is about replacing those people."

U.S. Rep. Kevin Brady of Texas, the top Republican on the House Ways and Means Committee, appears to have been the first to cite the 710,000 figure. Brady arrived at the number by bringing together two pieces of data.

In 2021, the Congressional Budget Office said that $80 billion more for the IRS would "return audit rates to the levels of about 10 years ago."

Brady took the audit rates of 2010 and applied them to the number of tax returns in 2018 — broken down by income groups. Using his approach, there would be about 710,000 more audits for filers reporting less than $75,000 in income. See how they use manipulative tactics to come to these results.

This will allow drug companies to negotiate so drug prices will go down. If you drive electric you save money and poor people get extended subsidies.

The point of the meme is to piss you people off and trigger you to go apeshit and it works everytime. LOL! Just because you say something does not make it true LOL!

And the ironic thing is that it is YOU who are triggered and going "apeshit"
LOL

How I'm laughing my ass off. Dude,you saw my meme then came her so guess what you got triggered, that's how it works. I see all your stupid memes do I ever comment, no because I don't get triggered. I just indulge with you after you get triggered and flood the comments section because I think it's hilarious.

The Democrats’ tax and spending bill, called the Inflation Reduction Act, has about $80 billion over 10 years for the IRS to boost collections by $204 billion. Among other purposes, the agency says it will use the money to target high-income earners and corporations.

Generally speaking, taking jabs at something would be indicative of what their mood and frame of mind is.
Since he kept cool while others did otherwise is fair indication that he kept his cool.

Don't you have some more ugly fat-ass memes to post?

Don't you have some more ugly fat-ass memes to post?

Wait, what?
Where in that massive boondoggle of money-grab does it say that it "raises the taxes on people making over $400,000/yr"??

One of the two big tax elements would significantly scale back a tax code provision known as "carried interest," which lets money managers pay taxes on much of their income at capital-gains rates, which are lower than the regular rates for personal income.

The other provision would make it harder for companies reporting at least $1 billion in profits to escape corporate income taxes. Such companies would have to pay at least 15% in such taxes, which many currently do not.

$1 billion > $400,000

They didn't literally raise the tax rate so you're right about that part.

I'm right about everything.

Sounds exactly like something Trump would say LOL!

But I wish that they did.

People making less than $400,000 will not be affected by the carried interest rate loophole.

The only one talking about carried interest is you.
There are about 300 billionaires in America. Why would we need 87,000 additional taxmen to go after 300 billionaires?

Dude what are they going to do confiscate your Ramen Noodles?

OOF!

OMG so what are you saying then? It's over ten years and they are replacing ones that are leaving.

OMG? What are you, a prepubescent girl?
The rest of your post is nonsense.

Why are you asking are you a pedophile? You wanna have your way with me big man.

Yeah, I know, it's all good though.

That is your schtick, silly

Dude, do you know how hard it is to audit a billionaire. You know how much man power that takes. They have all these lawyers that try to tie things up and loopholes and tons of paper work. They only go after middleclass now because they don't have the necessary resources to go after billionaires.

No. I don't know.
I am not a billionaire, so...

But I'm sure they won't do what is necessary because in reality they never do but this seems like a little something to get the ball rolling at least. Dude, they aint coming through your door with guns because you're a Trump supporter.

The point of the meme is to piss you people off and trigger you to go apeshit and it works everytime. LOL!