DawgTalkers.net Forums DawgTalk Palus Politicus Trump Campaign Promises Part 5

Exactly!

Don't forget Stephen Miller. Man that guy is pure evil!

That is the largest of the many enormous lies the left has trumpeted for years regarding our tax system. I've been a tax preparer for almost 40 years, I think you'd be astonished at the tax paid - and the tax rate of - the so-called wealthy

What we're showing is that those of you who always say they care about the debt were lying all along.


Reagan said the same thing. Please tell us how you think this will work?


For people such as you. Not for those who count on food assistance and medicaid. But it wouldn't be the first time that people such as yourself have celebrated when the least of us have helped pay for your betterment. That's what some of us are worried about.

No - it's not a lie. It's fact. No matter what circumstancial evidence you think you see ... the uber wealthy absolutely have ways to legally reduce their tax burden in ways that others don't. Trump admitted to that when Buffet called him out on it when he ran term 1, claimed he was smart for taking all the legal tax breaks he could - I guess he meant in addition to him his illegal acivities.

Quotes from Trump on his tax minimization:

"That makes me smart."
“I have a write-off, a lot of it’s depreciation, which is a wonderful charge. I love depreciation.”
(Presidential debate, September 26, 2016)

"I fight very hard to pay as little tax as possible."
(Interview with George Stephanopoulos, ABC News, May 2016)

One more extreme example:

Very low "true tax rate":
Based on IRS data obtained by ProPublica, between 2014–2018, Bezos’s wealth rose by roughly $99 billion, while he reported just $4.22 billion in taxable income and paid about $973 million in federal income taxes—yielding a “true tax rate” of approximately 0.98 %

Zero-income years:
In 2007 and 2011, Bezos paid no federal income tax, despite dramatic increases in his net worth. In those years, deductions and reported losses effectively reduced his taxable income to zero—even allowing him to claim a child tax credit

Long-term average (2006–2018):
Over this 12-year span, his net worth grew by about $127 billion, he reported $6.5 billion in income, and paid around $1.4 billion in federal taxes—averaging a true tax rate of just 1.1 %


Some others here: https://americansfortaxfairness.org...Sheet-Updated.pdf?utm_source=chatgpt.com


So sure .... the uber wealthy pay thier fair share because $973 million is a LOT of money !!! Riiiiggghhhtttt ... between 1% and 3% .... seems fair right huh.

Taking a child tax credit tells me everything I need to know about these billionaires. Geez. Talk about ripping off US taxpayers that pay a much higher percentage on our expediency lower income. That’s robbery.

I don't think he quite understands what some of mean by the word "the wealthiest". "The wealthiest" don't take their taxes to be done by standard tax preparers. They have their own people for that. For some reason he said "the so called wealthy". I don' think he means the same thing you do.

Excellent group and a great web site.

This is just the first step. Let's see what happens over the next 3.5 years. This legislation helps to push everything else forward.

Yes, this is all in the first 6 months.

As for people losing food and medical assistance, let's just wait and see who actually loses what before we parrot the party line.

I think some people need to lose those benefits.

I applaud any effort to save a buck. I'm all for it in fact. But the way DOGE went about it is just about the dumbest thing I've ever seen.

First you look to see where there is verifiable waste. Then get the detail in place to prove you found waste. Then you find who may be responsible.

Take appropriate action.

But no, Musk and his team just bust down the doors of various agencies, fire people and I doubt they even asked any real "AUDITOR" Type questions. And NO ACCOUNTANTS in the bunch.

It wasn't real... It was for SHOW. Which is what Trump and his team of idiots are all about.

To prove it, look at how many had to be called back. Total MORONS

U

And when someone loses their house and become homeless, you Goper’s will say oh well, it’s not me. Asshat Gopers care about no one but themselves. A big middle finger to them all.

How your income taxes will change after Trump signs the ‘big, beautiful bill’ into law

Miriam Waldvogel
Thu, July 3, 2025 at 5:30 PM EDT 4 min read


10.3k

With the GOP’s “big, beautiful bill” headed to President Trump’s desk for signature Friday, wealthy Americans are poised to receive significant tax breaks partly offset by steep cuts to social welfare programs.

The bill makes 2017 tax breaks from Trump’s first term permanent, while adding some new tax breaks, such as no taxes on tips up to $25,000 and a “senior deduction” that will allow more people over 65 to avoid Social Security taxes.

Some policy analyses show the tax cuts for lower earners may be offset by the new costs they incur from lost support for health care and food assistance.

Most households — about 85 percent — would get a tax cut in 2026, according to an analysis from the Tax Policy Center. But while many of the bill’s changes are permanent, other provisions, such as the new deduction for seniors, are set to expire within a couple of years. The center estimates that by 2030, only about 70 percent of households would continue to have a tax break.

The center also estimates that nearly 60 percent of the tax benefits would go to those in the top quintile of annual incomes, or about $217,000 or more. Those households would receive an average tax cut of $12,500.

While other estimates of the bill’s tax changes by income bracket vary, they largely agree the tax breaks generally increase moving up the income ladder.

Here’s how the bill would impact your taxes.

High-income earners (>$217,000)

For taxes filed in 2026, households making between $217,000 and $318,000 would see their aftertax income rise 2.6 percent, a tax break of about $5,400. For Americans making $318,000 to $460,000 — in the 90th to 95th percentile — that cut would be about $8,900, or a 3.1 percent increase to their aftertax income.

Those making between $460,000 and $1.1 million would receive the biggest break: a $21,000 change, increasing their aftertax income by 4.4 percent.

The top 1 percent and the top 0.1 percent — households making more than $1.1 million or $5 million — would see their aftertax incomes increase 3.5 percent and 3.2 percent, respectively.

Middle-income earners ($50,000-$200,000)

The tax breaks for the rest of Americans are far less substantial, according to the center’s estimates.

Households making between $100,000 and $200,000 a year would see their aftertax income increase by 2.5 percent, about a $3,000 tax break. For those making between $75,000 and $100,000, the tax cut as a percentage of income is similar — at about $1,700 or 2.3 percent.

Americans earning between $50,000 and $75,000 will have a $1,000 tax break.

Low-income earners (<$50,000)

For those making between $40,000 and $50,000, that cut will be about $630. Those are aftertax boosts of 1.9 percent and 1.5 percent, respectively.

Those in the bottom quintile of incomes, making below $34,600 a year, would see their taxes decrease by about $150, or a 0.8 percent increase in their aftertax income.

However, benefits low-income Americans might see in tax breaks could be offset by the bill’s sweeping cuts to Medicaid and nutrition assistance.

Federal Medicaid spending is estimated to decrease by about $1 trillion, resulting in about 12 million low-income Americans losing their health insurance by 2034, according to the nonpartisan Congressional Budget Office.

The bill also includes work requirements for Medicaid and for Supplemental Nutrition Assistance Program benefits, previously known as food stamps, which could disenroll millions from both programs.

Other new tax cuts

Many of the bill’s tax deductions will start in 2025, and some of them will be permanent. That includes a permanent increase in the child tax credit to $2,200 and an increase in the standard deduction by $750.

Other new tax cuts, especially those core to Trump’s campaign promises, are set to expire in a couple of years. A new $6,000 deduction for Americans over 65 will last only through 2028. A $25,000 deduction designed to eliminate taxes on tips will also only last for three years. The same goes for another $12,500 deduction meant to curb taxes on overtime.

The amount that households can deduct in state and local taxes on their federal returns, known as the SALT cap, will also increase to $40,000. Previously capped at $10,000, SALT deductions were a major sticking point among House Republicans during the first rounds of negotiations on the bill in May.

All these cuts are expensive, although estimates vary. The Congressional Budget Office says the bill would add $3.4 trillion to the debt over 10 years, while the Committee for a Responsible Federal Budget said it would add $4.1 trillion. The conservative Cato Institute put the figure as high as $6 trillion.

Republicans who claim to be fiscal hawks railed against the bill’s impact on the national debt, saying it would inflict pain on future generations, but many ultimately voted for it.


https://finance.yahoo.com/news/incombe-taxes-change-trump-signs-213058459.html

It's all thumbs up over here.




Seriously my friend, we all want equal opportunity and I think we largely have that. The problem you and many others seek is equal outcome. If it gets to that point, we will all be poor, waiting for the government cheese to arrive.

And of course you dodged the question completely. Reagan said the same thing. Please tell us how you think this will work?


Why would that be? You push the party line every time you post. And with no real answers. Once again look at the math and tell me how there's any possible way this will work......

Medicaid, the public health insurance program covering more than 72 million people with low income, is jointly funded by states and the federal government. Medicaid spending totaled around $890 billion in the 2023 federal fiscal year, with the federal government paying 69 percent and states paying 31 percent.

https://www.commonwealthfund.org/publications/explainer/2025/mar/how-do-we-pay-for-medicaid

AI results.......

Total Federal Health Spending: $2.3 trillion

Medicare, Medicaid, CHIP, and ACA subsidies: $1.7 trillion, or 24% of the budget.

Medicaid and CHIP: $626 billion.

Federal share of Medicaid spending: Over half of the total state spending on Medicaid.



That would be easy to do by changing the requirements that the federal government is willing to pay the states for. Those people and those people alone would lose their medicaid and we would find out how much "waste and fraud" there is in medicaid. Instead they just made up some ridiculously high number number with no rhyme or reason and whoever suffers, suffers.

I suppose DOGE taught you nothing. "We'll find 2 trillion in waste and fraud."No wait, we'll find 1 trillion in waste and fraud." What did they find? They found what they claimed was $150 billion of waste and fraud while having to rehire many of those they let go because they were trying to reach some made up goal they set for themselves. And some of what they called waste and fraud was to stop feeding and vaccinating starving children around the globe. I never saw you post a word on here objecting to that either.

You HAVE to know you can't cut that much from medicaid without harming those who need it most. Yet all you have to say is "Let's wait and see."

What the hell happened to you man?

So you think people having healthcare, a basic roof over their heads and just enough to eat is an "equal outcome"?

You think wanting people who work full time making a wage that they can live on is an "equal outcome"?

I think you need to look up the definition of the word equal. You seem to have forgotten what that word means.

I really wasn't speaking to you or the narrow scope you injected in to the conversation.. The comment stemmed for a racial slur directed at me and I was talking in the broader sense.

I don't think of you as an unreasonal guy but equal outcome is the goal of a great many in your party.

So no answers and nothing of substance in reply. That's all you have anymore. And all anyone wants are the things I outlined. And you can't show anything that backs up your claim. It's something someone sold you on like ocean front property in Arizona. You spew empty rhetoric with nothing of substance to back it up. Not only is that unreasonable, it's empty words with no substance in reality.

So explain again how you can cut almost a trillion dollars from medicaid without hurting many of those who need it most? Tell me how rural hospitals that depend on people's medicaid payments to stay in business do that now? I gave you the numbers in my above post. Do you have anything other than empty words to explain your thought process here? I'm simply asking you for a reasonable explanation. You see, you're the one on here applauding these cuts yet blame me for asking you to explain that?

All I'm doing is looking for an explanation as to how you think this will work considering the actual numbers. I'm not holding my breath that you'll actually do that but since you seem so giddy about this bill passing it would be nice if you had some idea how this will all work.

And don't get me wrong, the entire bill isn't crap. There are some good things in the bill. But man! At the cost of cutting health care for those with the least as well as food benefits from those with the least the trade off is terrible.

'Betrayed': GOP rep torched after hospital in his district shuts down due to Medicaid cuts
Rep. Don Bacon (R-Neb.) on July 17, 2024 (Image: Shutterstock)
Ailia ZehraJuly 03, 2025 | 05:05PM ET
BeLoud Share

A rural clinic in Nebraska is shutting its doors after more than 30 years due to mounting financial pressures and looming federal funding cuts tied to Medicaid, ABC affiliate KLKN reported Wednesday.

According to the report, Troy Bruntz, president and CEO of the hospital, noted that while the clinic “has been a vital part of our mission to deliver quality healthcare close to home... the current financial environment, driven by anticipated federal budget cuts to Medicaid, has made it impossible for us to continue operating all of our services, many of which have faced significant financial challenges for years."


Statewide advocacy groups have sharply criticized the potential Medicaid reductions tied to President Donald Trump's “One Big Beautiful Bill Act,” which passed the House Thursday afternoon and is on its way to the president's desk for his signature.



Healthcare advocates fear that rural hospitals like this one could be forced to scale back services or even close when the new legislation’s Medicaid cuts take effect.




Sen. Bernie Sanders (I-Vt.) wrote on the social platform X Thursday: "While Republicans celebrate the passage of the largest Medicaid cut in history, the Curtis Medical Center in Nebraska announced it will shut down as a result of these horrific cuts — the first of many hospitals to close. This is a dark day for rural America and for our country."

Just hours before the legislation was passed, Rep. Jerry Nadler (D-N.Y.) called on his colleagues from New York to vote against the bill while sharing the report about the hospital in Nebraska.



In a post on X, he wrote: "Yesterday, a community hospital in southwest Nebraska announced it will close a clinic, citing the looming Medicaid cuts in this bill. Sadly, if it becomes law, that closure will be just the beginning."

He continued: "As Dean of the New York Congressional Delegation, I am once again urging my Republican colleagues from New York to reject this bill before it devastates our state’s health care system and rips coverage away from 1.5 million New Yorkers."

Democratic strategist Mari Manoogian wrote: "The devastation to rural healthcare from this horrible bill is something that people really aren’t prepared for, I fear."

Rep. Don Bacon (R-Neb.), who voted to advance Trump’s bill, is facing particular criticism over the closure of the Nebraska hospital.

READ MORE: What MAGA really means to Americans

The Lincoln Project's X account reacted to the news and said: "The first in a long list of rural hospitals closing due to Trump's bill. This hospital is in @RepDonBacon's district. He voted for Trump's bill this week, and he voted for this."

Author Tom Dodke said: "@DonJBacon betrayed the people of his district."

"Thanks Don Bacon and the rest of the Trump sycophant. The damage you’re going to cause is just starting," wrote a user.

"This is what Don Bacon, Deb Fischer, and Pete Ricketts voted for, and if you voted for them I'm afraid it was what you were voting for," said another user.

https://www.alternet.org/nebraska-don-bacon/

I fully expect an avalanche of stories like this in the coming months/years.

Most everyday Americans are too busy working jobs, paying bills and raising kids to take notice of news like this- until their communities become the news. And it's sad, because the info was out there for them. The saddest irony in all this: those communities overwhelmingly voted for 47... even though daily reports were dropping about the bill's potential fallout, should it pass its way to the Resolute Desk. Either they weren't consuming news at all, or were getting their daily info from news sources that wouldn't tell them about this.

Either way, this bill is going to disproportionately hurt the very people who voted this man into office.

When rural folk have to drive hours to a blue city to get the care that was once 15-30 min away, they'll understand:
"Elections have consequences."


.02.

I agree that it will hurt a lot of the people who voted for Trump - but I am less sure that they will pay enough attention to acknowledge or consider this. In many cases I expect them be fed a line by Faux News or their social media feeds that will paint the blame somewhere else or simply find a way for them to accept it. I mean two of the biggest platforms for term 1 were Build the Wall (paid for by Mexico) and abolish Obamacare. Neither happened. In the case of the Wall Bannon and others stole from them and ripped their money away from them. None of them took that into account come 2024 election. I have low expectations for accountability for what he does in term 2.

There are facts that show that we are far from given equal opportunity - but facts be damned, lets go with some feelings instead.

Hell I live in Youngstown and I have to drive to an hour to get to a Hospital I trust to treat a hangnail, and 160 miles round trip to a damn Hospital that doesn't do there best to kill ya.

I'm afraid that Peen is out of touch with reality.

There is a company out there that is building "White Only" Communities. When was the last time that happened in America.

New white separatist community in northeast Arkansas draws attention

by Milo Strain and Austin Gelder
July 3, 2025 5:17 pm
https://arktimes.com/arkansas-blog/...ty-in-northeast-arkansas-draws-attention

I've always harped on the debt regardless of who has the majority(s). This is one of those times where I can't see much of a difference between GOP and DNC. They both have no regard for the budget and will spend on their pet projects on the American taxpayers' dime.