Rich to pay their fair share

[Thinker101]

Trump era tax cuts are set to expire on Dec. 31, 2025.
If, for example, you are married and earn more than $22,000, you are considered rich.

“Those married filing a joint return in a 12% tax bracket ($22,001 to $89,450) will increase to 15%,” Youngblood said, citing one example. “Those in a 22% tax rate ($89,451 to $180,000) will increase to 25% from 22%.”

Families will also see the child tax credit, which was doubled to $2,000 under the TCJA, revert to $1,000 per child.

The SALT deduction, currently capped at $10,000, will also be removed.

Gee, thanks Joe, always looking out for the little guy.

https://thehill.com/homenews/4530402-trump-tax-cuts-set-to-expire-will-you-be-affected/

 

[John Edgar Slow Horses]

These are GOP tax cuts that will remain for the rich not us.

Thanks to Trump.

 

[rampart]

Trump era tax cuts are set to expire on Dec. 31, 2025.
If, for example, you are married and earn more than $22,000, you are considered rich.

“Those married filing a joint return in a 12% tax bracket ($22,001 to $89,450) will increase to 15%,” Youngblood said, citing one example. “Those in a 22% tax rate ($89,451 to $180,000) will increase to 25% from 22%.”

Families will also see the child tax credit, which was doubled to $2,000 under the TCJA, revert to $1,000 per child.

The SALT deduction, currently capped at $10,000, will also be removed.

Gee, thanks Joe, always looking out for the little guy.

Trump tax cuts set to expire – will you be affected?

we don't thank the rich enough for all they do. maybe they all need a bonus.

 

[pknopp]

If Trump wins they will get extended. They could have been ended in Biden's first two years, but despite their statements, Democrats actually support this also.

 

[Soupnazi630]

These are GOP tax cuts that will remain for the rich not us.

Thanks to Trump.

They are part of us

 

[IDIOCRACY]

Trump era tax cuts are set to expire on Dec. 31, 2025.
If, for example, you are married and earn more than $22,000, you are considered rich.

“Those married filing a joint return in a 12% tax bracket ($22,001 to $89,450) will increase to 15%,” Youngblood said, citing one example. “Those in a 22% tax rate ($89,451 to $180,000) will increase to 25% from 22%.”

Families will also see the child tax credit, which was doubled to $2,000 under the TCJA, revert to $1,000 per child.

The SALT deduction, currently capped at $10,000, will also be removed.

Gee, thanks Joe, always looking out for the little guy.

Trump tax cuts set to expire – will you be affected?

Speaking as a leftist, Trump tax cuts were strictly for the wealthy. To a lot of us, 22,001 annually is fucking rich man. Leftists are rich too. Trump is RACIST.

 

[John Edgar Slow Horses]

we don't thank the rich enough for all they do. maybe they all need a bonus.

 

[Thinker101]

These are GOP tax cuts that will remain for the rich not us.

Thanks to Trump.

 

[ColonelAngus]

Increase property taxes, increase capital gains, and remove SALT deductions.

It is no mystery how to increase taxes on the rich.

The politicians are not going to do this to their best donors.

 

[IDIOCRACY]

Increase property taxes, increase capital gains, and remove SALT deductions.

It is no mystery how to increase taxes on the rich.

The politicians are not going to do this to their best donors.

Increase property tax huh? Would you feel the same after the owner doubles your rent on the trailer?

 

[ColonelAngus]

Increase property tax huh? Would you feel the same after the owner doubles your rent on the trailer?

Properties are undervalued by the NY government. They should market sdjust. Properties are selling for 10x assessed values in NY.

They will not.

It it all campaign slogan class warfare bullshit.

 

[elektra]

These are GOP tax cuts that will remain for the rich not us.

Thanks to Trump.

The rich are Democrats, the super rich are Democrats, the Democrats control the richest investment funds.

With more than $23 trillion in assets under their collective management, the Big Three investment managers – BlackRock, Vanguard and State Street – are undisputed financial heavyweights. State Street has more assets under management than the entire annual gross domestic product of Germany. And together, they’ve become known for imposing a woke political agenda on corporate America.

 

[LeroyDumonde]

So does this mean that prior to the Trump tax cuts the rich were paying their fair share?

 

[Toddsterpatriot]

These are GOP tax cuts that will remain for the rich not us.

Thanks to Trump.

Trump's middle class tax cuts will expire?

 

[leftwinger]

The SALT deduction, currently capped at $10,000, will also be removed.

This is huge. Again rich coastal DEM & Beverly Hills, Hollywood , Silicion valley exec will now get to deduct million dollars in Property taxes. Reducing what they actually pay by 1/3 or more. The Cap was perfect for CA median home owners when launched. I know. I lived it.

 

[leftwinger]

The only cut for rich was 1.5% by Shumer piglousy the last week when phones burned up over SALT. I lived it. I know.

 

[leftwinger]

2017? 2018? business cut to 21% rocketed jobs and real growth in real jobs.

 

[ScorpioRising007]

Trump era tax cuts are set to expire on Dec. 31, 2025.
If, for example, you are married and earn more than $22,000, you are considered rich.

“Those married filing a joint return in a 12% tax bracket ($22,001 to $89,450) will increase to 15%,” Youngblood said, citing one example. “Those in a 22% tax rate ($89,451 to $180,000) will increase to 25% from 22%.”

Families will also see the child tax credit, which was doubled to $2,000 under the TCJA, revert to $1,000 per child.

The SALT deduction, currently capped at $10,000, will also be removed.

Gee, thanks Joe, always looking out for the little guy.

Trump tax cuts set to expire – will you be affected?

I don't honestly see what is the big deal what Biden is doing, the democrats are doing an awesome job. We do need though some more aggressive measures against the rich to get their money and redistribute it to those less fortunate. Increasing taxes on the rich is great, but there are other ways too. I 100% support taxing the living snot out of the rich.

 

[KarlMarxsPitBull]

So does this mean that prior to the Trump tax cuts the rich were paying their fair share?

The REAL RICH, that is the ruling class aristocrats of OLD MONEY who who own all of the major banks federal reserve banks, The IMF and huge globalist corporations and have amassed wealth in the trillions of dollars, DO NOT PAY TAX.

They are actually taking in more money that the defense dept with what you currently pay on your interest debt. So not only are they NOT PAYING TAXES, they're being further enriched by the government that takes YOUR MONEY. These are people that aren't "celebrities", since they obviously prefer not to be known, for whom the Rothschild's work. Aircraft carrier groups are deployed if they need "police" if you get my drift. They own families like the Kennedy's and Bush's.

 

[leftwinger]

The REAL RICH, that is the ruling class aristocrats of OLD MONEY who who own all of the major banks federal reserve banks, The IMF and huge globalist corporations and have amassed wealth in the trillions of dollars, DO NOT PAY TAX.

They are actually taking in more money that the defense dept with what you currently pay on your interest debt. So not only are they NOT PAYING TAXES, they're being further enriched by the government that takes YOUR MONEY. These are people that aren't "celebrities", since they obviously prefer not to be known, for whom the Rothschild's work. Aircraft carrier groups are deployed if they need "police" if you get my drift. They own families like the Kennedy's and Bush's.

If they make income, sell stocks (capital gains), own property etc. the IRS & State will see it and they will pay tax.