Republicans' NIGHTMARE Plan To Extend Trump Tax Cuts For The RICH

"Republicans are getting ready to fast-track the extension of the Trump tax cuts through the reconciliation process if they win big in November.

Nearly seven years after the GOP used budget reconciliation to pass the Tax Cuts and Jobs Act (TCJA), the party is gearing up to use the same maneuver to renew key provisions set to expire in 2026."

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240529__TA04_Republicans_Prepare

[afre]

Trickle down economy has never worked, and will never work either

[danielguzman]

First, they pass tax cuts, then they argue that there is no money to fund social security and Medicare. So, after they pass this tax cut, they will come after social security and Medicare.

[rgrif]

The Oligarchy in our country makes me sick.🤮 Whatever happened to altruism and philanthropy at the top? They think greed is a virtue. They think this is how a country should be run. They are sociopaths that care nothing about other people and what they have to go through. Yes, they are monsters and need laws to rip money from their avarice talons before they make more people homeless and worse.

[stevenpike]

Which means more trillion dollar deficits. What happened to the Tea Party? Why is anyone but the wealthy voting for the GOP?

[jayklink]

My parents' taxes increased by $20, 000 annually after the Don's tax cuts. Essentially, they removed a lot of things that the working/middle class used to be able to wright off.

[jeffreyliddicoat]

trickle down economics is the rich pissing on me and telling me its a warm shower

[keith]

Cutting taxes for the rich does not grow the economy.

[Webbbby]

Sure, lower the tax rate for those who don't need it, Cut and gut Social Security and Medicare so those corporate owners can realize even more profits. Anyone see a pattern here? They are working on their plan where the average income earners wont be able to afford any of their products or services. When that happens I am sure they will be able to shift the blame to someone else when the economy collapses because 75% of the people won' be able to afford to purchase anything.

[mapleleaf]

They will come for your Social Security to pay for it.

[cherylleclerc]

Project 2025 restricts employee rights. Again a hand out to big corporations.

[montanamountainmen]

Estate tax is bullshit. You pay the tax your kids are left the money when you pass and that same dollars taxed again, its utter BS.

[sukbadaimonghol]

If you think Donald Trump is gonna drain the swamp in Washington you just wait till Donald Trump himself becomes swamp monster.😅

[shanaforrest]

And this is why the average American can barely afford the basics

[nancyross]

This tax cut added 8 trillion to the national debt in 2017.

[mister_ray]

Most people will see a 3% tax rate hike when the tax cuts expire. It hits the working class the hardest.

[docsoulman]

Those tax cuts for the super wealthy would also come from cuts to social programs that help the majority of Americans.

[juliancrooks]

Better idea, bring back the Eisenhower era tax rates. Use some of the increase to increase social security payments to elderly so they can actually retire. Increase snap program and use the rest to pay off the national debt

[joealfanophotography]

I live in NJ and yes there are Trump supporters here. When I talk to his supporters about real estate tax deductions I find it hilarious that those who were getting $20, 000 in tax deductions are now only getting $10, 000 and they have no idea Trump did that. They look at me like I have two heads. It’s beyond unbelievable that people just don’t know what’s going on around them. They don’t have a clue.

[NPGEVER]

I don’t understand why there is an estate tax. The money has already been taxed when it was earned. Taxing the money again upon death is double taxation. There should be no estate tax.

[Tastybits]

After 40 years it's finally gonna work, just one more tax cut, trust me bro !