THE TRUMP 2024 THREAD

[newfie]

summary of the house version , subject to change in the senate

Revenue (Tax Cuts)​

• 2017 TCJA Extension: Permanently extends income and estate tax cuts ($4T cost over 10 years).
• No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).
• No Tax on Overtime: Deduction for overtime pay (2025–2028).
• Auto Loan Interest Deduction: Up to $10,000 for U.S.-made vehicles (2025–2028).
• SALT Deduction: Cap raised to $40,000, phases out at $500,000 income (permanent).
• Standard Deduction: Increased by $1,000–$2,000 (2025–2028).
• Child Tax Credit: Permanent at $2,000, $2,500 for 2025–2028.
• Social Security Relief: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028).
• Trump Accounts: $1,000 savings accounts for newborns (2025–2028).
• Other: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions.

Impact: Adds $4.5–$5T to deficits; benefits wealthier households most.

Spending Cuts​

• Medicaid: $700–$880B cut via work requirements, eligibility checks, and ending benefits for undocumented immigrants (7.6–10M lose coverage).
• SNAP: $300B cut with work requirements (~11M lose benefits).
• Student Loans: $330B saved by replacing repayment plans, ending deferments.
• Clean Energy Credits: Phased out (EV, wind/solar, home efficiency), saves tens of billions.
• Other: Ends IRS Direct File, defunds Planned Parenthood.

Impact: Saves $1.5–$1.7T but reduces social safety net.

New Spending​

• Defense: $150B for missile defense, naval expansion, and servicemember benefits.
• Border Security: $100B+ for wall, ICE detention, deportation, and agents.
• FAA Modernization: Funds air traffic control upgrades (cost unspecified).

Fiscal Impact​

• Debt Ceiling: Raised by $4T to cover deficits.
• Deficit: Adds $3.3–$5.3T over 10 years (CBO/CRFB estimates).
• Temporary Measures: Many tax cuts expire in 2028, creating fiscal cliffs.

Notes​

• Controversies: GOP split on SALT; Democrats oppose welfare cuts; fiscal hawks warn of debt.
• Senate Outlook: Faces revisions; needs near-unanimous GOP support.

Read the bill buddy. Read it.

 

[nWo]

i posted the bill buddy did you read it? I dont know how long you've been around here but cutting and pasting DNC talking points from your actblue webpage to here is not going to work. people actually expect you to step outside the normal political BS and speak like you have formed your own opinion based on facts.

Now tell me why you think skyrocketing the national debt to give tax breaks to billionaires is great?

 

[Appvol]

My very first bid route was out in Spruce Pine out Hwy 19 and out past the prison and looped back around to 19 through Hanging Rock area. The castle out there was cool

My route used to butt up with yours. We got so busy they had to take 19E area off me

 

[nWo]

How does increasing the cost of healthcare help you? How?

 

[newfie]

How does increasing the cost of healthcare help you? How?

there you go with the actblue nonsense again . lt appears you're struggling with the brainwashing let me help you

• 2017 TCJA Extension: Permanently extends income and estate tax cuts ($4T cost over 10 years).
• No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).
• No Tax on Overtime: Deduction for overtime pay (2025–2028).
• Auto Loan Interest Deduction: Up to $10,000 for U.S.-made vehicles (2025–2028).
• SALT Deduction: Cap raised to $40,000, phases out at $500,000 income (permanent).
• Standard Deduction: Increased by $1,000–$2,000 (2025–2028).
• Child Tax Credit: Permanent at $2,000, $2,500 for 2025–2028.
• Social Security Relief: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028).
• Trump Accounts: $1,000 savings accounts for newborns (2025–2028).
• Other: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions.

 

[nWo]

It's wild how the massive tax breaks for the billionaires are permanent. But the small tax breaks for the working class are temporary. Wild.

 

[nWo]

there you go with the actblue nonsense again . lt appears you're struggling with the brainwashing let me help you

• 2017 TCJA Extension: Permanently extends income and estate tax cuts ($4T cost over 10 years).
• No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).
• No Tax on Overtime: Deduction for overtime pay (2025–2028).
• Auto Loan Interest Deduction: Up to $10,000 for U.S.-made vehicles (2025–2028).
• SALT Deduction: Cap raised to $40,000, phases out at $500,000 income (permanent).
• Standard Deduction: Increased by $1,000–$2,000 (2025–2028).
• Child Tax Credit: Permanent at $2,000, $2,500 for 2025–2028.
• Social Security Relief: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028).
• Trump Accounts: $1,000 savings accounts for newborns (2025–2028).
• Other: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions.

Answer the question. How does increasing the cost of healthcare help you? How?

 

[nWo]

Hey were cutting $1 trillion dollars for Medicare and snap, but you can have a one time $1000 tax credit. BTW we are skyrocketing the national debt.

 

[newfie]

Answer the question. How does increasing the cost of healthcare help you? How?

it has not increased the cost of my healthcare.

can you read?

• 2017 TCJA Extension: Permanently extends income and estate tax cuts ($4T cost over 10 years).
• No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).
• No Tax on Overtime: Deduction for overtime pay (2025–2028).
• Auto Loan Interest Deduction: Up to $10,000 for U.S.-made vehicles (2025–2028).
• SALT Deduction: Cap raised to $40,000, phases out at $500,000 income (permanent).
• Standard Deduction: Increased by $1,000–$2,000 (2025–2028).
• Child Tax Credit: Permanent at $2,000, $2,500 for 2025–2028.
• Social Security Relief: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028).
• Trump Accounts: $1,000 savings accounts for newborns (2025–2028).
• Other: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions.

 

[nWo]

it has not increased the cost of my healthcare.

can you read?

• 2017 TCJA Extension: Permanently extends income and estate tax cuts ($4T cost over 10 years).
• No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).
• No Tax on Overtime: Deduction for overtime pay (2025–2028).
• Auto Loan Interest Deduction: Up to $10,000 for U.S.-made vehicles (2025–2028).
• SALT Deduction: Cap raised to $40,000, phases out at $500,000 income (permanent).
• Standard Deduction: Increased by $1,000–$2,000 (2025–2028).
• Child Tax Credit: Permanent at $2,000, $2,500 for 2025–2028.
• Social Security Relief: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028).
• Trump Accounts: $1,000 savings accounts for newborns (2025–2028).
• Other: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions.

Wake me up when you have an answer.

 

[Box Ox]

No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).

Looking forward to tipping culture getting much worse.

 

[newfie]

Wake me up when you have an answer.

promise me you wont take any of these tax savings offered . when they try to give you these tax breaks you insist that you want to keep paying those taxes.

• 2017 TCJA Extension: Permanently extends income and estate tax cuts ($4T cost over 10 years).
• No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).
• No Tax on Overtime: Deduction for overtime pay (2025–2028).
• Auto Loan Interest Deduction: Up to $10,000 for U.S.-made vehicles (2025–2028).
• SALT Deduction: Cap raised to $40,000, phases out at $500,000 income (permanent).
• Standard Deduction: Increased by $1,000–$2,000 (2025–2028).
• Child Tax Credit: Permanent at $2,000, $2,500 for 2025–2028.
• Social Security Relief: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028).
• Trump Accounts: $1,000 savings accounts for newborns (2025–2028).
• Other: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions.

 

[nWo]

Looking forward to tipping culture getting much worse.

And every scumbag employer is going to start paying $2.14 an hour and expect us to cover the rest.

 

[vantexan]

Must take food from the hungry to send billions to Elon Musk. It's the only way to save the country.

Can you expand on that? How is Musk getting billions?

 

[UnionStrong]

Can you expand on that? How is Musk getting billions?

 

[nWo]

promise me you wont take any of these tax savings offered . when they try to give you these tax breaks you insist that you want to keep paying those taxes.

• 2017 TCJA Extension: Permanently extends income and estate tax cuts ($4T cost over 10 years).
• No Tax on Tips: Deduction for tips (under $160,000 income, 2025–2028).
• No Tax on Overtime: Deduction for overtime pay (2025–2028).
• Auto Loan Interest Deduction: Up to $10,000 for U.S.-made vehicles (2025–2028).
• SALT Deduction: Cap raised to $40,000, phases out at $500,000 income (permanent).
• Standard Deduction: Increased by $1,000–$2,000 (2025–2028).
• Child Tax Credit: Permanent at $2,000, $2,500 for 2025–2028.
• Social Security Relief: Higher deduction for seniors (under $75,000/$150,000 income, 2025–2028).
• Trump Accounts: $1,000 savings accounts for newborns (2025–2028).
• Other: Enhanced childcare credits, family leave credits, 23% Section 199A deduction (permanent), restored itemized deductions.

I understand that there is minor temporary tax breaks. I also understand that this bill is fiscally irresponsible and that attacking healthcare is going to have devasting consequences.

 

[newfie]

And every scumbag employer is going to start paying $2.14 an hour and expect us to cover the rest.

 

[vantexan]

I understand that there is minor temporary tax breaks. I also understand that this bill is fiscally irresponsible and that attacking healthcare is going to have devasting consequences.

Yah, those immigrants living on Medicaid might have to go home.

 

[rickyb]

Can you expand on that? How is Musk getting billions?

ties to the govt. dont know if its billions but it might be.

 

[newfie]

Can you expand on that? How is Musk getting billions?

he cant his cult page told him to say that