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No taxes but an egg is $100 and a loaf of bread is $1000. All hail magnificent leader but how many wheelbarrows full of money do I need to pay for my weekly groceries? Or is he making a new orange $1000 bill with his face on it?
They already used Grover Cleveland for the $1000 and are planning to put Assface on the $100, oh and maybe a new $250 too…
Reading about the $100 from your link literally made me gag. I had no idea about this.
That’s some champion brownnosing… You can really understand why trump thought zelensky wasn’t showing enough gratitude.
So, everyone earning less than 150k will have no taxes and everyone earning more than 150k will have no taxes. Who the fuck will be paying taxes?
Tariffs!!!
…and a Monorail!!!
The order of business is to first remove taxes for people earning more than 1 million, before in a second step attempting to balance the budget. If (and only if) that second step succeeds will people under 150,000 see a tax cut. In other words that will never happen.
Presumably Mexico, Canada, and China, through tariffs.
Oh wait no, Americans pay those too. And since tariffs/sales taxes are regressive, they will disproportionately be paid by everyone earning less than 150k.
He successfully got Mexico to pay for the wall so I don’t see this being an issue whatsoever.
He also has a gorgeous natural complexion and very real, very luscious hair.
STOP with your high-falutin’ maths, logic, and facts BS…and hop aboard the Monorail!!!
Tariffs don’t work like that. They are taxes in foreign goods, so Americans are the ones paying.
Yes, that’s what I said.
maga-fash: “No more taxes!”
Also, maga-fash: 200% Tariff (aka: taxation with extra steps)
To be clear, the TCJA adds 4.5 Trillion in deficit. The Trump admin promises but has utterly failed to come close to cutting 2 Trillion in deficit by dismantling government systems and services.
Unless they magically conjure 2.5 Trillion dollars from thin air without borrowing a single dollar from the Treasury, the budget will never be balanced. That is the plan.
Still waiting for healthcare to get “fixed” almost 10 years later.
“Balancing the budget” means “fuck your health”.
It will be. Right after infrastructure week fixes all the roads and bridges.
Reminder that retiring the US debt would retire the US dollar
Right after he drops the major greatest and bestest healthcare plan called “Obamacare Replacement”, everyone is saying the healthcare plan is the universally humongous and very very super nice.
A tariff is a tax
I’m sure he’ll get around to this right after Infrastructure Week
That idiot can barely balance his own body while standing still.
As a leftist, if he were to actually do this, it generally seems like a good idea to me. (Although 150K is probably too high)
Disregarding the rest of his policies, are there any leftist arguments why this particular measure would be a bad idea ?
(Please respond politely. This doesn’t mean I like Trump, I still think he’s evil and stupid. But even Hitler himself had at least one good idea : being vegetarian.)
Setting aside the fact that he’s lying –
You’d have to make up the lost tax revenue from somewhere. Either by increasing or creating some other tax, or by cutting spending.
The programs that would be likely to be cut are ones that poor people need. And he’s likely to try and throw down a federal sales tax, which loads a higher tax burden on poor people.
Without those details, “eliminating federal income tax for people making under $X” cannot be qualified as good or bad. You must define the other parts of the equation.
