US US Politics General - Discussion of President Biden and other politicians

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did you guys watch yellen at the means and way committee hearing? The Trump tax cuts are going to expire and Biden isn't going to extend them. we all knew the line about "no tax increases for households making under $400,000" was going to be a lie but the technicality is pretty clever. oh and Yellen is working with europe to let the eurofags steal 120 billion of US tax revenue, while letting them subsidize their own companies, and then make the under 400k crowd pay the shortfall.

If i didn't expect to get shafted i would be in despair right now.


This bracket backslides will mean that every American needs to reassess their spending and tax returns to pay 1% to 4% more in personal taxes unless provisions are extended, revised or made permanent over the next 28 months.
 
did you guys watch yellen at the means and way committee hearing? The Trump tax cuts are going to expire and Biden isn't going to extend them. we all knew the line about "no tax increases for households making under $400,000" was going to be a lie but the technicality is pretty clever. oh and Yellen is working with europe to let the eurofags steal 120 billion of US tax revenue, while letting them subsidize their own companies, and then make the under 400k crowd pay the shortfall.

If i didn't expect to get shafted i would be in despair right now.

The house GOP are going to be out of power in 2025.
They chose this by pursuing coalition with this horrific regime over representing their own voters.
So yeah, it's going to expire.

Time to plan for the extra expense.
 
The tax cuts are definitely going away because if you recall, mortgage interest was no longer deductible, which caused a lot of asshurt amongst blue state coastal liberals with large homes: https://www.propublica.org/article/trumps-trillion-dollar-hit-to-homeowners
That massive number is the reduction in home values caused by the 2017 tax law that capped federal deductions for state and local real estate and income taxes at $10,000 a year and also eliminated some mortgage interest deductions. The impact varies widely across different areas. Counties with high home prices and high real estate taxes and where homeowners have big mortgages are suffering the biggest hit, as you’d expect, given the larger value of the lost tax deductions. But as we’ll see, homeowners all over the country are feeling the effects.
 
mortgage interest was no longer deductible
This is false.
Your own article points it out:

State and local taxes were no longer deductible, and that was immediately re-instated in 2021

Mortgage interest was always deductible, and given the current interest rates, it's a HUGE deduction that expands the more fucked you are in the housing market.
 
The tax cuts are definitely going away because if you recall, mortgage interest was no longer deductible, which caused a lot of asshurt amongst blue state coastal liberals with large homes: https://www.propublica.org/article/trumps-trillion-dollar-hit-to-homeowners
Mortgage interest was still deductable but was limtied slightly the bigger change was there is a $10,000 limit on State and Local taxes. So if you're in a high income tax state(California), and have high property taxes(California) you max out your $10,000 deduction, which used to be unlimited.
 
Talk about Slow Joe. Making this announcement 10 days after April 20th.
Not to mention public opinion is swinging back AWAY from legalization, with hard left states like Oregon moving to re-criminalize because of how every public space began to smell like shit and fill with addicts.
 
So essentially it will legalize medical marijuana across the US unless a state prohibits it. 15 states currently do not allow medical marijuana. Most of these states presumably would already have laws scheduling cannabis as a schedule 1 drug, making this entirely pointless. The only difference this makes if the ATF goes after a medical marijuana user for lying on a 4473. Medical marijuana growers and dispensaries would be able to use banks again as well, not if they sell recreational though.

If you are a non-medical user, you will still be prosecuted. Don't think the DEA has done any marijuana prosecuting in legal states for a while now, but I could be wrong.
 
Not to mention public opinion is swinging back AWAY from legalization, with hard left states like Oregon moving to re-criminalize because of how every public space began to smell like shit and fill with addicts.
Legalization itself is not the problem, doing away with things like public intoxication, drug dealing and literally stealing money meant for homeless schizos (billions were, and continue to be allocated for it but the drug addled schizos are still living in tents and the best they came up with is repurposing garden sheds into "tiny homes") is.

Solution: want to get high? Go the the government "drugs that get you high and only shit that gets you high" store, with your ID and get some drugs, one visit a day allowed. Separate room for safe injection, act up and out you go. Drug treatment free of charge, financed by the reasonable tax on said drugs (that can't be tapped into by law). No loitering allowed or its forced treatment in jail. That's it. No special screening or onerous requirements.

The weekend binger finds a way to get high, regardless, and the hardcore addicts do as well.

Do you all know that all drug treatment orgs and facilities have a horrible success rate? Like less than 10%? Some people are just that susceptible to chronic addiction. Often its not the drugs but the people they do them with and/or they have an underlying mental illness that's undiagnosed/treated inappropriately. The government and shady NGOs are not equipped to address this, and I suspect it's by design because someone's making billions.
 
Legalization itself is not the problem, doing away with things like public intoxication, drug dealing and literally stealing money meant for homeless schizos (billions were, and continue to be allocated for it but the drug addled schizos are still living in tents and the best they came up with is repurposing garden sheds into "tiny homes") is.

Solution: want to get high? Go the the government "drugs that get you high and only shit that gets you high" store, with your ID and get some drugs, one visit a day allowed. Separate room for safe injection, act up and out you go. Drug treatment free of charge, financed by the reasonable tax on said drugs (that can't be tapped into by law). No loitering allowed or its forced treatment in jail. That's it. No special screening or onerous requirements.

The weekend binger finds a way to get high, regardless, and the hardcore addicts do as well.

Do you all know that all drug treatment orgs and facilities have a horrible success rate? Like less than 10%? Some people are just that susceptible to chronic addiction. Often its not the drugs but the people they do them with and/or they have an underlying mental illness that's undiagnosed/treated inappropriately. The government and shady NGOs are not equipped to address this, and I suspect it's by design because someone's making billions.
This has got to be one of the most retarded takes I’ve read on this site.
 
Do you all know that all drug treatment orgs and facilities have a horrible success rate? Like less than 10%? Some people are just that susceptible to chronic addiction. Often its not the drugs but the people they do them with and/or they have an underlying mental illness that's undiagnosed/treated inappropriately. The government and shady NGOs are not equipped to address this, and I suspect it's by design because someone's making billions.
The reason getting people off drugs is so hard is that it is far more labor-intensive than anyone but rich people can afford

The average junkie for any drug basically needs a 24/7 babysitter for an unknown but not short period of time, and an entirely new set of acquaintances and frens, or 90% chance they're gonna relapse and 90% of those go back into regular use

A 24/7 babysitter, replacing an individual's entire milieu, that is expensive af and difficult in general

50 grand to go inpatient for 28 days
Then another 15 grand for 8 weeks of outpatient
Also cut ties to basically everyone you know and replace them with non-druggies
And become a 12 step cultist
The last two things addicts are expected to do mostly on their own

That's insufficient to beat most drug addictions. Where are the untold billions going to come from to pay people to be 24/7 babysitters of "recovering" junkies for an indefinite amount of time? Where's the money going to come from to facilitate junkies replacing all their frens and acquaintances, getting out of their drug-conducive circumstances and into ones where they can find satisfaction without drugs?

Drugs only gets solved if people are raised right and aren't pilled up by the medical industry
 
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