General Discussion

WarGamer

(12,491 posts)

28. Ironically... WE shouldn't want the Trump Tax Cuts to expire in 2025.

Sat Sep 23, 2023, 03:34 PM

Sep 2023

The wealthy and Corps got permanent tax cuts.

You know WHO loses THEIR tax cuts in 2025 if they expire?

Individual Tax Payers... individual rates will go back to pre-Trump levels.

For example:

Current 12% bracket to 15%

Current 22% bracket to 25%

Current 32% bracket to 33%

Current 37% bracket to 39.6%

That's a BIG hit for low/mid to middle income earners.

Make THESE rates permanent and go after actual wealthy people. Oh nevermind... the wealthy are never made to pay.

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Roll back the Bush and trump tax cuts. [View all] onecaliberal Sep 2023 OP

I don't know about the bush tax cuts. But the trump tax cuts expire in 2025. jimfields33 Sep 2023 #1

Not all of them expire. CrispyQ Sep 2023 #2

I think the super rich also get to keep their cuts, along with the new tax avoidance loopholes Lonestarblue Sep 2023 #10

"corporations get to keep theirs"... typical. don't bite the hand that pays you...nt mitch96 Sep 2023 #24

The 1%ers definitely get to keep the extra seven million dollars saved over ten years. czarjak Sep 2023 #43

Not the capital gains tax cuts. Those are permanent. KPN Sep 2023 #14

Ironically... WE shouldn't want the Trump Tax Cuts to expire in 2025. WarGamer Sep 2023 #28

I wish tRump would "expire" by 2025 BigmanPigman Sep 2023 #36

Yes. Repeal them all. Grins Sep 2023 #3

The Tax Reform Act of 1986 set the maximum capital gains rate at 28% nt Shermann Sep 2023 #6

Hell, the upper rate under Eisenhower was 90%! It's been a KPN Sep 2023 #15

So you think it is a good idea for Democrats to run on significant tax increases for all voters tritsofme Sep 2023 #38

And the reagan ones as well Fullduplexxx Sep 2023 #4

Rollback to the 1982 tax year rates. roamer65 Sep 2023 #5

I'm on board with that. byronius Sep 2023 #11

+1 2naSalit Sep 2023 #17

The repubs didn't control the House after the 2018 elections. onenote Sep 2023 #7

How about the $3 trillion justaprogressive Sep 2023 #8

+1 leftstreet Sep 2023 #9

+2 2naSalit Sep 2023 #18

A new system is my vote. twodogsbarking Sep 2023 #12

+1 2naSalit Sep 2023 #19

I favor the transaction tax as described by Ellen Brown airplaneman Sep 2023 #37

Yes!This. Brown (and Warren) stuffmatters Sep 2023 #42

It is surprising me that the common man is getting smart Stargazer99 Sep 2023 #13

Yep. ancianita Sep 2023 #16

And the last admin... 2naSalit Sep 2023 #20

Debt and deficit are two different things. MyNameIsJonas Sep 2023 #32

Wasn't about half of the debt under Obama not fooled Sep 2023 #39

I'm not sure what Hartman said - but a good chunk of the debt accrued under Obama... MyNameIsJonas Sep 2023 #41

Ding, Ding, Ding! Picaro Sep 2023 #21

Seems to me the simplest answer is: Go where the money is. calimary Sep 2023 #22

More specifically, go where the DARK money is. Those billionaires keep hidden, but they should be ancianita Sep 2023 #25

That, too. DEFINITELY. calimary Sep 2023 #27

Just make laws that make the Citizens United case obsolete, and undo Dobbs. BComplex Sep 2023 #30

Eat the rich. hay rick Sep 2023 #23

And raise the cap on SS. n/t ariadne0614 Sep 2023 #26

Maybe we'll get that doughnut hole during a second term? nt Shermann Sep 2023 #29

K&R. William769 Sep 2023 #31

They don't give a rat's behind about the debt. They only make noise about it when there is a LoisB Sep 2023 #33

yep. Evolve Dammit Sep 2023 #34

Let's start with the Reagan tax cuts. PoindexterOglethorpe Sep 2023 #35

Yup. Johonny Sep 2023 #40

It really is that simple of a solution. Emile Sep 2023 #44