Big Beautiful Bill BullShit

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  • nullskull
    Learning

    250+ Posts
    • Aug 2023
    • 425

    #16
    Originally posted by bsm2

    Read post one again
    You lose the standard deduction
    Just admit you don't have a clue
    Hilarious
    so you're just that upset because you'd have to wait till tax season to get you money?

    Comment

    • Copier Addict
      Aging Tech

      Site Contributor
      10,000+ Posts
      • Jul 2013
      • 14725

      #17
      Originally posted by Mako

      Why do you want people who don't or shouldn't qualify for such benefits getting them at taxpayer's expense?

      PS: Billionaires are not the source of your problems. Don't be such a sucker.
      Why do you continue to push the same old tired lie that illegal immigrants are receiving Medicare and Medicaid?
      If you are as skeptical as you say you are, you would know you are being lied to. But you don't want to know the truth because it's easier when others do your thinking for you.

      Comment

      • Copier Addict
        Aging Tech

        Site Contributor
        10,000+ Posts
        • Jul 2013
        • 14725

        #18
        Originally posted by nullskull
        Overview of the No Tax on Tips Legislation


        The "No Tax on Tips Act" was recently enacted as part of President Trump's "One Big Beautiful Bill." This legislation aims to provide tax relief for tipped workers by allowing them to deduct a portion of their tip income from federal taxes. Key Features
        Deduction Amount Up to $25,000 in tips can be deducted from taxable income.
        Eligibility Applies to cash tips received in occupations traditionally receiving tips.
        Income Phase-Out The deduction phases out for individuals earning over $150,000 and joint filers over $300,000.
        Payroll Taxes Workers will still owe payroll taxes (7.65%) for Social Security and Medicare.
        Effective Date The law applies to the 2025 tax year and beyond.
        Impact on Tipped Workers
        • Approximately 4 million workers in the U.S. rely on tips as a significant part of their income.
        • The law aims to help these workers retain more of their earnings, especially in industries like food service and cosmetics.
        • However, it does not eliminate all taxes on tips, as state and local taxes still apply.
        Considerations and Criticism
        • The legislation may create disparities among workers in different industries, as not all workers will benefit equally.
        • Critics argue that it could lead to tax avoidance and may distract from broader wage issues, such as raising the minimum wage for all workers.

        This new tax provision is expected to provide financial relief to many, but its long-term implications on tax equity and worker compensation remain to be seen.

        I'm sorry but what's the problem?
        They still have to pay taxes on tips, reality they have to claim them on their tax return and hopefully get a refund. It's still going to be more profitable to just report them.

        Comment

        • bsm2
          IT Manager

          25,000+ Posts
          • Feb 2008
          • 30216

          #19
          You do not have permission to view this gallery.
          This gallery has 1 photos.

          Comment

          • nullskull
            Learning

            250+ Posts
            • Aug 2023
            • 425

            #20
            seems back to normal to me

            https://eggprices.org

            gas isn't at 2 but isn't crazy high

            Comment

            • Copier Addict
              Aging Tech

              Site Contributor
              10,000+ Posts
              • Jul 2013
              • 14725

              #21
              Originally posted by nullskull
              seems back to normal to me

              https://eggprices.org

              gas isn't at 2 but isn't crazy high

              https://gasprices.aaa.com/todays-state-averages/
              And, my investments have almost recovered to where they were before trumpty dumpty and his circus freaks took over. My guess is that the magatrons call that a win. Hahahahahahahaha
              Except for the fact that my investments would be much higher if trumpty dumpty and his circus freaks hadn't touched anything.

              Comment

              • slimslob
                Retired

                Site Contributor
                25,000+ Posts
                • May 2013
                • 37489

                #22
                Originally posted by bsm2


                Republicans didn't cut Medicaid or SNAP in 2017
                The cartoon was about tax cuts. It had nothing to do with eliminating fraud and payments to illegal aliens.

                As for SNAP if you hear anyone complaining about no benefits left on their SNAP account, they may have had their card hacked.
                CHARLOTTE, N.C. - The U.S. Secret Service, in conjunction with multiple state and local law enforcement partners in three major cities within North Carolina, conducted a payment card skimming and Electronic Benefit Transfer (EBT) fraud outreach operation on May 29-30, 2025. 

                Comment

                • bsm2
                  IT Manager

                  25,000+ Posts
                  • Feb 2008
                  • 30216

                  #23
                  Originally posted by slimslob

                  The cartoon was about tax cuts. It had nothing to do with eliminating fraud and payments to illegal aliens.

                  As for SNAP if you hear anyone complaining about no benefits left on their SNAP account, they may have had their card hacked.
                  https://www.secretservice.gov/newsro...mming-outreach
                  Hilarious they Never the benefits to begin with

                  Please try Google apparently you get your facts from Fox News

                  Please read slowwwwwer
                  Republicans didn't cut Medicaid or SNAP in 2017

                  Your welcome

                  Comment

                  • slimslob
                    Retired

                    Site Contributor
                    25,000+ Posts
                    • May 2013
                    • 37489

                    #24
                    The most important thing about the "Big Beautiful Bill" is that for the first time in decades we have a budget passed and signed months before the start of the Fiscal Year. No more continuing resolutions. And that is what the Democrat politicians hate.

                    Comment

                    • Copier Addict
                      Aging Tech

                      Site Contributor
                      10,000+ Posts
                      • Jul 2013
                      • 14725

                      #25
                      Originally posted by slimslob
                      The most important thing about the "Big Beautiful Bill" is that for the first time in decades we have a budget passed and signed months before the start of the Fiscal Year. No more continuing resolutions. And that is what the Democrat politicians hate.
                      I think the billionaires would disagree. To them the most important thing is they will continue to receive their handouts in perpetuity.

                      I think it's called trickle up welfare.

                      Comment

                      • Mako
                        Senior Tech

                        500+ Posts
                        • Jan 2025
                        • 790

                        #26
                        Originally posted by bsm2

                        Your Right Billionaires needed a massive tax break so glad that the priority for Republicans!!!.

                        Let's kick Grandma off SNAP and Medicaid and kids off food assistance
                        Is your grandma on Snap and medicade? Are your kids on food assistance?
                        You're just parroting stupid talking points.
                        Do better.

                        Comment

                        • Mako
                          Senior Tech

                          500+ Posts
                          • Jan 2025
                          • 790

                          #27
                          Originally posted by Copier Addict

                          And, my investments have almost recovered to where they were before trumpty dumpty and his circus freaks took over. My guess is that the magatrons call that a win. Hahahahahahahaha
                          Except for the fact that my investments would be much higher if trumpty dumpty and his circus freaks hadn't touched anything.
                          I'm way ahead now.

                          image.png

                          image.png

                          The early Biden year heart though.

                          image.png​​

                          Comment

                          • bsm2
                            IT Manager

                            25,000+ Posts
                            • Feb 2008
                            • 30216

                            #28
                            Rick Scott Demands More Cuts to Medicaid, Which His Company Allegedly Scammed

                            Scott proposes slashing $313 billion more from Medicaid, a safety-net program his hospital company was accused of fraudulently billing

                            Comment

                            • BBM
                              Senior Tech

                              500+ Posts
                              • Dec 2020
                              • 896

                              #29
                              Originally posted by bsm2
                              Rick Scott Demands More Cuts to Medicaid, Which His Company Allegedly Scammed

                              Scott proposes slashing $313 billion more from Medicaid, a safety-net program his hospital company was accused of fraudulently billing
                              ohh i see no fraud in Medicad but there is fraud in hospital billing

                              Comment

                              • Copier Addict
                                Aging Tech

                                Site Contributor
                                10,000+ Posts
                                • Jul 2013
                                • 14725

                                #30
                                Originally posted by BBM

                                ohh i see no fraud in Medicad but there is fraud in hospital billing
                                Finally seeing the light! You are correct.

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