US US Politics General 2 - Discussion of President Trump and other politicians

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Should be a wild four years.

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Current members of the House of Representatives
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Members of the Trump Administration
https://www.whitehouse.gov/administration/
 
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It's amazing Republicans ran on reducing the deficit but end up increasing it by $3.3 trillion with one bill.

They should all be in jail.



Every payment and kiosk you encounter is going to go harder asking for tips now. Reminder tipping is a uniquely American thing because all of the jobs are shit.

Wait are you saying I could just tell someone I'm doing whatever work but instead of paying, I just want a tip: suggested X amount, then it's tax free????? If this deduction is stackable with the standard, this is going to go buck fucking wild. You'll see all sorta mothers claiming they want you to pay them as a "tip."
 
What a shame about the Big Beautiful Bill.

If it was to pass right now, is there still any big Ws we can take away from it? The tax reduction on tips sounds good still even if its not as good as it originally was.

Just trying to be a Positive Polly

(Total RINO death)

They removed the Short Act from it.

Making GOA and other Gun groups very mad.

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Honestly the rate is still too low, it needs to be higher in order to slow down debt acquisition and inflation. Alas, the country is so hooked on debt at this point trying to slow it down would be like making an end stage alcoholic quit the liquor cold turkey.
Trump wants to go back to 2009-2020 levels of interest. that door is shut, locked, and welded. Sorry bud. Shits gonna suck for everyone. Especially those who wanna buy a home.
 
Nearly every road in this country looks like a dilapidated wasteland from an zombie apocalypse movie and we're still throwing billions of dollars at these kike bastards. Most public spaces look like third world slums. I can't cry out enough how frustrated I am for what these traitors are doing to our country
 

I dont know which commie said it originally (maybe it was Lenin) but the last battle of communism would be against islam, so this is quite ironic.
I’d just like to point out that while you retards are fetching smelling salts over a commie/jeet maaaaybe being mayor in NY, the RINOs are dismantling the BBB item by item.

What do you think is more important?
What do you have direct influence over by writing and calling?

Ya think it’s random that all the (so called) conservative news outlets are writing about this guy 24-7?
 
Honestly the rate is still too low, it needs to be higher in order to slow down debt acquisition and inflation. Alas, the country is so hooked on debt at this point trying to slow it down would be like making an end stage alcoholic quit the liquor cold turkey.
Ill never NEVER understand how on gods green earth some fuck off economist conviced us that when rates are higher people "borrow less"

Did that dumbass think that people just stop needing houses and cars during economic hardships or did you think the 1.1 trillion in discretionary credit card debt is what goes up and down on these rate changes?

The government should provide loans to people directly and skip the stupid middle man of the private banks, if the banks financial policy is set at a state level then it should be treated as a state owned asset. Interest free loans to citizens with interest only being charged in situations of grossly delayed payment and even that will be calculated as a lump sum at the end, not tacked on to make repayment harder.

for all the shit I talk about communism, capitalism is coming off the motherfucking rails
 
Ill never NEVER understand how on gods green earth some fuck off economist conviced us that when rates are higher people "borrow less"

Did that dumbass think that people just stop needing houses and cars during economic hardships or did you think the 1.1 trillion in discretionary credit card debt is what goes up and down on these rate changes?

The government should provide loans to people directly and skip the stupid middle man of the private banks, if the banks financial policy is set at a state level then it should be treated as a state owned asset. Interest free loans to citizens with interest only being charged in situations of grossly delayed payment and even that will be calculated as a lump sum at the end, not tacked on to make repayment harder.

for all the shit I talk about communism, capitalism is coming off the motherfucking rails
Prices have to fall, that's all. Collapse is a better word. Raising rates until that happens is the only solution but it's going to wipe out millions of people.
 
Trump sent Powell a handwritten note telling him to lower the rates:
View attachment 7579308
Source (Archive)
Man, I agree rates should be lower and that the US economy can tank a lot of the pressures that result in inflation. But if I were making this point, fuckin' Japan would not be one of the economies that I used to do it. The poor bastards stuck earning/spending in JPY are taking it in the ass.

Another national economy fucked by the Baby Boomers.
 
for all the shit I talk about communism, capitalism is coming off the motherfucking rails
China is more capitalistic than the current America is... In China they don't have to deal with all of the strict rules and regulations like we have in America. You can make anything and slap Mickey Mouse on it and sell it without getting raped by Disney. Now, that still doesn't mean that China isn't a shithole
 
Man, I agree rates should be lower and that the US economy can tank a lot of the preasures taht acusee inflation, but if I were making this point fuckin' Japan would not be one of the economies that I used to do it. The poor bastards stuck earning/spending in JPY are taking it in the ass.

Another national economy fucked by the Baby Boomers.
Low (effectively zero) interest rates is how you got house prices increasing 25% each year and sky-high inflation on everything else. The only solution is the Volker plan: 20% interest rates to crush those artificial valuations.
 
I haven't read the bill myself but this isn't how deduction caps work, although it also begs the question: Does this mean you can't take the standard deduction and what order are they applied in?
If this provision eventually becomes law, we will have to see how this is implemented in terms of tax law. Government at all levels has the tendency to take something simple and straightforward and codify its implementation in the most convoluted way(s) possible.

If the government acted logically and reasonably, I'd expect the tip/overtime deduction to be treated similarly to the $10k deduction of unemployment income that was allowed for 2020 in response to COVID and all the people who collected unemployment benefits that year due to the lockdowns. That deduction was independent of Schedule A (Itemized vs. Standard) and reduced AGI from what I recall.

I'd also expect the tip deduction to apply only to tips reported on one's W-2 with a potential new line item on it for overtime wages. This would allow the IRS to match and validate the figures on Forms W-2 against what's reported on individual tax returns.
 
Low (effectively zero) interest rates is how you got house prices increasing 25% each year and sky-high inflation on everything else. The only solution is the Volker plan: 20% interest rates to crush those artificial valuations.
Deporting 20-60 million people would help moderate that. If they self-deport, they will also likely liquidate their real estate holdings on the way out or in short order.
 
It was a holdover policy from Trudeau that even joe biden was mad about. Before this even passed, they were warned by the premiers, and experts that this DST was a bad idea and should've never been implemented. They went forward on it anyways. this DST revocation isn't just a win for Trump and tech giants, but also a win for the Canadian people,too. nobody except the liberal party wanted this tax, so it made no sense to go forward with it.
It's a win for the Canadian people? Then I'm against its revocation. The Canadian people deserve every bad thing that could possibly happen to them.
 
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