dbart
Well-known member
- May 5, 2021
- 3,151
- 3,971
2 Republicans with a Nay???
WTF???
WTF???
That Big Beautiful Bill
- Thread starter JDMeister
- Start date
Realbadlarry
Well-known member
- May 6, 2021
- 2,379
- 2,907
Going to be interesting to see what's actually in it... Lots of Pork is what I'm seeing.
1HasBeen
Well-known member
- May 5, 2021
- 1,408
- 1,722
Nothing moves in government without enough porkapalooza to safisfy every thief. And the debt keeps spiralling out of sight.
J Alper
Site Sponsor
- Apr 30, 2021
- 1,995
- 1,732
Warn Buffet is pretty smart and so is Eon Musk, and they are saying it is not a good bill for the Middle Class,
- Thread starter
- #25
JDMeister
Forum Moderator
- May 1, 2021
- 54,736
- 26,827
A couple of items I found interesting.
1) No death tax on property. This tax always was a scam.
2) No tax on Social Security. Another tax scam eliminated.
3) No tax on overtime. Good news.
4) Remove illegals from Medicare/Medical (How The Eff Did they get on?)
More to come.
1) No death tax on property. This tax always was a scam.
2) No tax on Social Security. Another tax scam eliminated.
3) No tax on overtime. Good news.
4) Remove illegals from Medicare/Medical (How The Eff Did they get on?)
More to come.
Crusty
Well-known member
- Apr 29, 2021
- 5,623
- 5,897
So what did we get/keep/lose
* 2017 Tax Cuts made permeant - they were about to expire. This Standard deduction applies to about 90% of Americans and accounts for inflation
* Tips and Overtime are Tax free up to $25,000, reduces taxable income
* Trump accounts for babies born 2025- 2028 - $1,000 for investments, great tool to get people saving money from birth with compound growth
* Up tom $10k credit for American Made Cars on Loan interest
* Medicaid Tax deduction of $6k for Seniors for 3 years
* Tax credit for kids goes from $2k to $2.2k
* HSA and 529 uses expanded, more options like Trade School tuitions now can be paid for...this is great
* No more Tax Credit for EVs
* No more Tax credits on solar, roof, other "Green" enhancements to yore home after this year
Nothing HUGE....but the 2017 was the best part that will impact the most folks.
Make America Great Again, even if you nickel and dime yore way there....it's progress.
* 2017 Tax Cuts made permeant - they were about to expire. This Standard deduction applies to about 90% of Americans and accounts for inflation
* Tips and Overtime are Tax free up to $25,000, reduces taxable income
* Trump accounts for babies born 2025- 2028 - $1,000 for investments, great tool to get people saving money from birth with compound growth
* Up tom $10k credit for American Made Cars on Loan interest
* Medicaid Tax deduction of $6k for Seniors for 3 years
* Tax credit for kids goes from $2k to $2.2k
* HSA and 529 uses expanded, more options like Trade School tuitions now can be paid for...this is great
* No more Tax Credit for EVs
* No more Tax credits on solar, roof, other "Green" enhancements to yore home after this year
Nothing HUGE....but the 2017 was the best part that will impact the most folks.
Make America Great Again, even if you nickel and dime yore way there....it's progress.
