Wednesday, May 14, 2025

Trump's Tax Increase on the Wealthy Not in 'Big Beautiful Bill'

A new report shows low-income families would lose income and wealthy would gain if Republicans extend tax cuts and reduce Medicaid and SNAP.

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Trump's pledge to raise taxes on the wealthy was not included in his "big, beautiful bill."

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-- The Daily Beast (@thedailybeast.bsky.social) May 12, 2025 at 5:53 PM

Comments

We are gonna pay for it with screwing the working class and magic.

#1 | Posted by Sycophant at 2025-05-14 11:01 AM

... Trump's Tax Increase on the Wealthy Not in 'Big Beautiful Bill' ...

Did anyone really expect that it would be?

#2 | Posted by LampLighter at 2025-05-14 12:31 PM

It pi**es me off that Trump's tax cuts for a comparatively small number of wealthy people are done at the expense of the rest of us as the cuts to everything from the National Weather Service and vital government agencies leave most Americans worse off.

Musk's DOGE didn't really save money ... at the same time dozens of regulatory fines and issues for HIM went POOF! for $300,000,000.

#3 | Posted by AMERICANUNITY at 2025-05-14 02:14 PM

Of course it isn't, it was bogus anyway. He was never going to tax rich people, he thinks that's what we peons are here for.

#4 | Posted by Ronnie68 at 2025-05-14 10:40 PM

We knew Republicans don't care about debt and deficits ... until a Democrat is in the WH, that is.

What a bunch of hypocrites. Won't even fix the systemic deficits and debt they created all by themselves during Shrub and Trump I with tax cuts for individuals and corporations who never needed them in the first place. Meanwhile, the vast majority of us can co f&^! ourselves as far as Republicans are concerned.

#5 | Posted by AMERICANUNITY at 2025-05-15 02:46 PM

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