Demoncrats aren't going to like this

  • Thread starter Thread starter rsm
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rsm

rsm

Well-known member
Trump / Trump admin considering:

  • no tax on tips
  • no tax on overtime
  • no tax on Social Security payments
  • no income tax for those earning $150K or less

demoncrats and their pariah propaganda media don't like it, and are already warning this will be bad for Americans.

you can't keep more of your own money, you're too stupid (true if you're a demoncrat supporter), let the government waste it for you.
 
Because they can't control you without your tax dollars.
 
rsm said:
  • no tax on tips
  • no tax on overtime
  • no tax on Social Security payments
  • no income tax for those earning $150K or less
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It's a good start but all gov money should be generated through sales tax and tariffs so he needs to eliminate property taxes too. Mine are about 3k per year and if I didn't have to pay in I'd be spending 3k on building supplies or music gear anyways=tax revenue.
 
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Currently that would be about 182 bux on my weekly check. Do it.
But don't offset it with some consumption tax.
 
rsm said:
Trump / Trump admin considering:

  • no tax on tips
  • no tax on overtime
  • no tax on Social Security payments
  • no income tax for those earning $150K or less
Click to expand...
Needs to raise the 1099 requirement for using online payments back to what it was before too.
 
Here's another one if you make minimum wage or 10%-15% above it you don't pay taxes........




Would be popular with most and yeah if your making minimum or barely a bit above it you shouldn't have to pay taxes as your already struggling and this would help people.
 
When the US Federal income tax started, it only applied to around 3% of the population. They rarely adjust the levels / brackets except to raise / expand them.

Then there's the alternative minimum tax that hasn't had the minimum raised for decades, if ever.
 
The~Kid said:
Here's another one if you make minimum wage or 10%-15% above it you don't pay taxes........




Would be popular with most and yeah if your making minimum or barely a bit above it you shouldn't have to pay taxes as your already struggling and this would help people.
Click to expand...
Those people barely pay any taxes now
 
tallcoolone said:
I made $165k last year not sure how this is fair at all--no income tax whatsoever
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It would depend on how it was written. It could be any income 150k and under for everyone is not taxed. Any income over 150k is taxed.

In your case for example, you may only get taxed on 15k, not the full 165k.
 
will be interesting to see how this pans out. There will be a lot of pissed off people if it's enacted, when they realize they don't qualify. It's supposed to be for "net tax payers", so you would have to have paid more than you have gotten back. A lot of people aren't going to qualify if they make under a certain amount annually, since they pay a net 0 on taxes. Let the games begin. :LOL:
 
Erock said:
will be interesting to see how this pans out. There will be a lot of pissed off people if it's enacted, when they realize they don't qualify. It's supposed to be for "net tax payers", so you would have to have paid more than you have gotten back. A lot of people aren't going to qualify if they make under a certain amount annually, since they pay a net 0 on taxes. Let the games begin. :LOL:
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Dan will call it a tax cut for the wealthy.
 
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