Let the truth be known

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  • bsm2
    IT Manager

    25,000+ Posts
    • Feb 2008
    • 29516

    #12931
    Re: Let the truth be known

    Comment

    • bsm2
      IT Manager

      25,000+ Posts
      • Feb 2008
      • 29516

      #12932
      Re: Let the truth be known

      The package delivered more than $300 billion in climate and energy investments, reformed prescription drug prices and created a new minimum tax on large corporations. Sunday’s passage of the legislation marked a triumphant moment for a party that for years has talked a big game on lowering drug prices and fighting climate change


      Who would possibly be against it.

      Yep

      Comment

      • BBM
        Senior Tech

        500+ Posts
        • Dec 2020
        • 846

        #12933
        Re: Let the truth be known

        Democrats have included a 16.4 cents-per-barrel tax on crude oil and imported petroleum products tThe bill imposes a regressive tax on American oil and gas development. The tax will drive up the cost of household energy bills. The Congressional Budget Office estimates the natural gas tax will incrWhen Americans choose to sell shares of stock back to a company, Democrats will impose a new federal excise tax which will reduce the value of household nest eggs. Raising taxes and restricting stock buybacks harms the retirement savings of any individual with a 401(k), IRA or pension plan.

        Union retirement plans will also be hit.ease taxes by $6.5 billion.hat will be passed on to consumers in the form of higher gas prices.
        Just a small portion of how to pay for it .

        Comment

        • bsm2
          IT Manager

          25,000+ Posts
          • Feb 2008
          • 29516

          #12934
          Re: Let the truth be known

          Originally posted by BBM
          Democrats have included a 16.4 cents-per-barrel tax on crude oil and imported petroleum products tThe bill imposes a regressive tax on American oil and gas development. The tax will drive up the cost of household energy bills. The Congressional Budget Office estimates the natural gas tax will incrWhen Americans choose to sell shares of stock back to a company, Democrats will impose a new federal excise tax which will reduce the value of household nest eggs. Raising taxes and restricting stock buybacks harms the retirement savings of any individual with a 401(k), IRA or pension plan.

          Union retirement plans will also be hit.ease taxes by $6.5 billion.hat will be passed on to consumers in the form of higher gas prices.
          Just a small portion of how to pay for it .

          Democrats have included a 16.4 cents-per-barrel tax on crude oil and imported petroleum products

          So if the Oil is from US sources NO Tax sounds Great to me more USA Jobs Jobs Jobs

          As far as stock buy back we all saw how the Trump tax cuts instead of investment and raising employees salary companies boughtback stock to falsely increased the values.


          BTW the report was done Only by the Republicans I wonder if its skewed.

          Comment

          • BBM
            Senior Tech

            500+ Posts
            • Dec 2020
            • 846

            #12935
            Re: Let the truth be known

            And you dont cherry pick your points .Up 75% is imported . If anything about this bill its not the ridiculous trillions of dollars they wanted .

            Comment

            • bsm2
              IT Manager

              25,000+ Posts
              • Feb 2008
              • 29516

              #12936
              Re: Let the truth be known

              Originally posted by BBM
              And you dont cherry pick your points .Up 75% is imported . If anything about this bill its not the ridiculous trillions of dollars they wanted .
              75% imported oil what BS buddy
              you DON'T get the cherry pick points

              The Bill lowers the debt
              lowers healthcare drug prices
              lowers healthcare
              Increases USA Jobs
              Taxes companies making over 1 Billion at a flat rate of 15%.
              Rebates on EV made in USA

              PS its not Trillions of Dollars

              See the Republicans plan below

              Comment

              • copiertec
                Service Manager

                Site Contributor
                1,000+ Posts
                • Jan 2016
                • 2186

                #12937
                Re: Let the truth be known

                Originally posted by bsm2
                75% imported oil what BS buddy
                you DON'T get the cherry pick points

                The Bill lowers the debt
                lowers healthcare drug prices
                lowers healthcare
                Increases USA Jobs
                Taxes companies making over 1 Billion at a flat rate of 15%.
                Rebates on EV made in USA

                PS its not Trillions of Dollars

                See the Republicans plan below

                So this package cost $400 billion dollars (the inflation reduction act), how do you borrow money to lower inflation exactly? Could you enlighten me?
                Because if you could spend your way into lower inflation, then why not spend 100 TRILLION so we can reduce inflation to ZERO? Maybe, you could explain that to me as well. How?

                Comment

                • bsm2
                  IT Manager

                  25,000+ Posts
                  • Feb 2008
                  • 29516

                  #12938
                  Re: Let the truth be known

                  Originally posted by copiertec
                  So this package cost $400 billion dollars (the inflation reduction act), how do you borrow money to lower inflation exactly? Could you enlighten me?
                  Because if you could spend your way into lower inflation, then why not spend 100 TRILLION so we can reduce inflation to ZERO? Maybe, you could explain that to me as well. How?
                  700 billion in companies making over 1 Billion that had paid Zero Taxes now pay a min 15% there you go.

                  Math works

                  The Bright side is Zero Republicans voted for it.

                  That makes it pretty easy to vote who supports the American people and who doesn't.

                  Don't worry I am sure you won't benefit

                  From lower health-care cost or prescriptions
                  Or an EV tax credit
                  Or thousands of new jobs

                  Comment

                  • copiertec
                    Service Manager

                    Site Contributor
                    1,000+ Posts
                    • Jan 2016
                    • 2186

                    #12939
                    Re: Let the truth be known

                    Originally posted by bsm2
                    700 billion in companies making over 1 Billion that had paid Zero Taxes now pay a min 15% there you go.

                    Math works

                    The Bright side is Zero Republicans voted for it.

                    That makes it pretty easy to vote who supports the American people and who doesn't.

                    Don't worry I am sure you won't benefit

                    From lower health-care cost or prescriptions
                    Or an EV tax credit
                    Or thousands of new jobs
                    You mean the same corporations who received bailouts that they do not have to pay back funded by the American taxpayer? LMAO! I will believe it when I see it, so far just a bunch of beans and bologna.

                    Comment

                    • bsm2
                      IT Manager

                      25,000+ Posts
                      • Feb 2008
                      • 29516

                      #12940
                      Re: Let the truth be known

                      Originally posted by copiertec
                      You mean the same corporations who received bailouts that they do not have to pay back funded by the American taxpayer? LMAO! I will believe it when I see it, so far just a bunch of beans and bologna.
                      What you talking about Willis?

                      Don't worry your brain.
                      It will pass and 10 years from now you'll be taking credit for it.

                      Comment

                      • BBM
                        Senior Tech

                        500+ Posts
                        • Dec 2020
                        • 846

                        #12941
                        Re: Let the truth be known

                        Did you read , oil AND petroleum products , here are some examples of those products ,These petroleum products include gasoline, distillates such as diesel fuel and heating oil, jet fuel, petrochemical feedstocks, waxes, lubricating oils, and asphalt.If this bill produces jobs and reduces inflation lets start with the KEYSTONE PIPELINE . Then i will back you up and applaud the passing of this bill

                        Comment

                        • bsm2
                          IT Manager

                          25,000+ Posts
                          • Feb 2008
                          • 29516

                          #12942
                          Re: Let the truth be known

                          Originally posted by BBM
                          Did you read , oil AND petroleum products , here are some examples of those products ,These petroleum products include gasoline, distillates such as diesel fuel and heating oil, jet fuel, petrochemical feedstocks, waxes, lubricating oils, and asphalt.If this bill produces jobs and reduces inflation lets start with the KEYSTONE PIPELINE . Then i will back you up and applaud the passing of this bill
                          Great news the Keystone pipeline is running:

                          Comment

                          • bsm2
                            IT Manager

                            25,000+ Posts
                            • Feb 2008
                            • 29516

                            #12943
                            Last edited by bsm2; 08-09-2022, 01:12 AM.

                            Comment

                            • slimslob
                              Retired

                              Site Contributor
                              25,000+ Posts
                              • May 2013
                              • 36995

                              #12944
                              Schumer-Manchin Spending Bill Supercharges IRS to Go After Middle-Class Income Earners - Truth Press

                              Comment

                              • bsm2
                                IT Manager

                                25,000+ Posts
                                • Feb 2008
                                • 29516

                                #12945
                                Re: Let the truth be known

                                Originally posted by slimslob
                                “The main targets will by necessity be the middle- and upper-middle class because that’s where the money is.”
                                "The majority of these new revenues will come from Americans making less than $200,00 a year, according to the nonpartisan Joint Committee on Taxation."
                                Schumer-Manchin Spending Bill Supercharges IRS to Go After Middle-Class Income Earners - Truth Press
                                Nope Nope Nope

                                So dude appears your can't read for yourself post where in the Bill it's written

                                I'll WAIT

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