Last tax increase I got was under trump....
this post was submitted on 15 Apr 2024
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Same here and it was substantial.
Uhhh, the Trump-era tax rates most affect those making under $200k, through 2025 I believe.
Whatever tax increases you’re feeling it’s more likely to be thanks to Trump.
"coming your way". They are coming to corporations. The conservatives are trying to spin that these tax increases to corporations will just be passed on to consumers, like that's our problem.
Households bear the burden of the corporate income tax in the form of higher prices and slower wage growth. Companies do not simply absorb the tax, it is passed on to all of us.
Yeah like not taxing the rich is definitely lowering prices. Suddenly conservatives don't like the free market so much. They want you to forget that we're fine with them increasing the prices, they've increased them so much someone else will start becoming cheaper, and that's what they don't want.
"coming your way". They are coming to corporations. The conservatives are trying to spin that these tax increases to corporations will just be passed on to consumers, like that's our problem.
Households bear the burden of the corporate income tax in the form of higher prices and slower wage growth. Companies do not simply absorb the tax, it is passed on to all of us.
Yeah like not taxing the rich is definitely lowering prices. Suddenly conservatives don't like the free market so much. They want you to forget that we're fine with them increasing the prices, they've increased them so much someone else will start becoming cheaper, and that's what they don't want.
Theyre also hoping you don't click on Trumps tax plan. Trump is whining his super plan is going to expire, but that plan was for the rich
Enacted by former President Donald Trump in 2017, the law drastically overhauled the nation's tax code, including reducing the top individual income tax bracket to 37% from 39.6% and nearly doubling the size of the standard deduction.
Exactly. They're paying substantially lower taxes now, but they keep raising prices. They will never pass savings on to consumers, only expenses.
Tax the obscenely rich, and spend it on better goals. There's a huge problem with wealth inequality at the cost of majority well-being and it's going to take taxes to fix it.
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Trump didn't lower taxes for people during his term. Sure, he issued a temporary 2% tax rate reduction, but he's a shifty little lair, and he eliminated several tax credits that benefitted ordinary working people, and people paying student loans, and students, and parents. My tax bill went up $2000 under his "tax reduction". He's a fucking scammer, and a lair, and it's pathetic that 30% of Americans can't see that.