republicans-pass-budget-resolution tax cuts overtime pay

[holdover]

House Republicans pass budget resolution, clearing a key early test for Trump agenda

The GOP framework that passed Tuesday allows the party to move ahead on a sweeping multitrillion plan to address defense, energy, immigration and tax policy.

www.kgou.org

https://www.congress.gov/bill/119th-congress/house-bill/561/text/ih

 

[BMF JK]

Can you believe these Nazi bastards !

 

[rushmore]

I agree that SSI income shouldn’t be taxed, I’m less optimistic about taxes on tips and OT (I think many employers will find ways to pay out less OT, and tipped workers already make peanuts anyways) … but the deficit on this is INSANE. A 2.5 trillion increase?

Not to mention some of the questionable cuts that will have to be made for this to balance out. I’ve seen a lot of denials that Medicaid or Medicare will be cut, but at the same time the text of the bill calls for $880 billion that is specifically mandated to be culled from either Medicaid or Medicare’s budget. I can’t imagine that any tax break would come anywhere close to covering $500+ monthly premiums for the folks kicked off those programs so that could leave a lot of people SOL and fast

I might be missing something, but I don’t see this as an all out win for fiscal conservatism.

If the Senate has a plan to cut costs and make gov spending more efficient WITHOUT raising the deficit or cutting into essential programs, I would be interested to see it.

 

[Defilade]

Illegal Income tax needs to be next.

 

[Beerman]

I’m gonna wait til I see proof before I start believing that the government is doing anything that benefits my wallet or bank account.

 

[holdover]

I might be missing something, but I don’t see this as an all out win for fiscal conservatism.

If the Senate has a plan to cut costs and make gov spending more efficient WITHOUT raising the deficit or cutting into essential programs, I would be interested to see it.

I think the plan was /is to make enough cuts in waste to cover the difference.

 

[holdover]

I’m less optimistic about taxes on tips and OT (I think many employers will find ways to pay out less OT, and tipped workers already make peanuts anyways)

why would employers pay out less OT ? It doesn't cost them any more than they already pay. Its just going to a different place, the people that worked for it .

 

[holdover]

Can you believe these Nazi bastards !

They must have got the Idea from Adolph Hitler, or John Adams, I forget which.

 

[holdover]

First Federal Income Tax. On February 25, 1913, the 16th Amendment officially became part of the Constitution, granting Congress constitutional authority to levy taxes on corporate and individual income.

 

[GOPerfect]

I am okay with SS not being taxed... Not the other parts though. Tax the tips and tax the Overtime.

Tax all income, or tax no income. Pretty simple concept.

 

[GOPerfect]

Oh, I am okay with cutting medicare and medicaid, especially the medicaid.

 

[Acer-m14]

why is Johnson walking with his head down .... hummmmm

 

[spat]

I am okay with SS not being taxed... Not the other parts though. Tax the tips and tax the Overtime.

Tax all income, or tax no income. Pretty simple concept.

Tax no income is the goal.

I'll take any incremental change in that direction I can get.


Taxes *always* discourage whatever is taxed.

Do absolutely do not want to tax anything that leads to prosperity, you *only* want to tax things that lead away from it.

We do the exact opposite.

We tax profit (adding value to the economy). But we'll give you a break if you waste enough materials (costs). That's asinine.

If anything it should be the opposite. Tax you for consuming things and give you a break for making a profit.

 

[dsdmmat]

I am okay with SS not being taxed... Not the other parts though. Tax the tips and tax the Overtime.

Tax all income, or tax no income. Pretty simple concept.

That is the plan. Raise enough money from tariffs so you don’t have to tax your citizens.

 

[Hochulsucks1234]

I agree that SSI income shouldn’t be taxed, I’m less optimistic about taxes on tips and OT (I think many employers will find ways to pay out less OT, and tipped workers already make peanuts anyways) … but the deficit on this is INSANE. A 2.5 trillion increase?

Not to mention some of the questionable cuts that will have to be made for this to balance out. I’ve seen a lot of denials that Medicaid or Medicare will be cut, but at the same time the text of the bill calls for $880 billion that is specifically mandated to be culled from either Medicaid or Medicare’s budget. I can’t imagine that any tax break would come anywhere close to covering $500+ monthly premiums for the folks kicked off those programs so that could leave a lot of people SOL and fast

I might be missing something, but I don’t see this as an all out win for fiscal conservatism.

If the Senate has a plan to cut costs and make gov spending more efficient WITHOUT raising the deficit or cutting into essential programs, I would be interested to see it.

We need to stop putting Medicaid and Medicare in the same sentence. Medicare, like SS, should not be cut. Those programs are for the people that worked and retired (well, SS disability should be cut for some). Medicaid is a whole different beast I would love see cut. There are people on Medicaid that dont pay a dime for medical expenses (or dental). They keep popping kids and we pay to take care of them. Hell they even pick people up for their free appointments. Medicaid should be a supplemental insurance where EVERYONE should be paying premiums and co-pays. Enough of this free, free, free shit.

I do agree though, raising the deficit really solves no problems. So much for cutting government spending....

 

[Grimscale]

Oh, I am okay with cutting medicare and medicaid, especially the medicaid.

I am NOT ok with cutting Medicare.
That was money taken out of MY paycheck. If they really want to cut it I expect a FULL REFUND of any and all monies removed under that plan, or it is no different than fraud.
Just like SSI.

 

[Saltwater60]

I’m gonna wait til I see proof before I start believing that the government is doing anything that benefits my wallet or bank account.

Well the article said 2 trillion in cuts with an increase in 4 trillion cover the next 10 years. The article also said they don’t know where the 2 trillion in cuts will come from yet. Also we are increasing our overall debt by 2 trillion. I’m sure someone will come tell me how Trump has this and he just so wonderful but I agree with you. The Trump tax cuts were good for us or me so I’m thankful for them however we need to get the spending under control and stop adding to the debt.

 

[Saltwater60]

I am NOT ok with cutting Medicare.
That was money taken out of MY paycheck. If they really want to cut it I expect a FULL REFUND of any and all monies removed under that plan, or it is no different than fraud.
Just like SSI.

I agree it’s a contract. They send quarterly statements saying this is what you will get for them taking your money. For those in the system it shouldn’t be changed. If they refund it it needs to be adjusted for inflation as well so we can quickly invest it and hope to get some returns. I’m young enough I would but others may not be that lucky.
Now should they do something to help those on disability find jobs or get training if it makes good business sense, yes.

 

[rushmore]

Oh, I am okay with cutting medicare and medicaid, especially the medicaid.

Would you care to explain the reasoning behind this?

 

[rushmore]

We need to stop putting Medicaid and Medicare in the same sentence. Medicare, like SS, should not be cut. Those programs are for the people that worked and retired (well, SS disability should be cut for some). Medicaid is a whole different beast I would love see cut. There are people on Medicaid that dont pay a dime for medical expenses (or dental). They keep popping kids and we pay to take care of them. Hell they even pick people up for their free appointments. Medicaid should be a supplemental insurance where EVERYONE should be paying premiums and co-pays. Enough of this free, free, free shit.

I do agree though, raising the deficit really solves no problems. So much for cutting government spending....

I used to have this view of Medicaid too, until I realized how many people I know that are actually on it. It’s not the free lunch that you think it is. Very basic services covered and any one on it has to go through a bunch of hoops.

I will also say that all of the people that I know that are on it work for a living. Health care premiums have gotten so out of control in this country that Medicaid is the only viable option for many working people, especially in rural areas like mine. Until the waste, fraud, and blatant abuse in the private insurance industry is addressed, I don’t feel comfortable with Medicaid cuts, especially for working Americans and their children.

 

[fresch]

A doctor can charge what they want, I can't find a flat rate book.

 

[Hochulsucks1234]

I used to have this view of Medicaid too, until I realized how many people I know that are actually on it. It’s not the free lunch that you think it is. Very basic services covered and any one on it has to go through a bunch of hoops.

I will also say that all of the people that I know that are on it work for a living. Health care premiums have gotten so out of control in this country that Medicaid is the only viable option for many working people, especially in rural areas like mine. Until the waste, fraud, and blatant abuse in the private insurance industry is addressed, I don’t feel comfortable with Medicaid cuts, especially for working Americans and their children.

Correct, there are a lot of working class on Medicaid. A lot of them have premiums and co-pays. You can thank Obamacare for creating this mess. I am focusing on the members of society that breed and do not work. Why do they have better health care than my family? They get free appointments. Now their nasty teeth can be taken care of, on us. No co-pays. The trash across from me is "disabled" and they come pick her up for her appointments. My sons asthma medication trippled, but the trash dont pay a dime. Makes me furious.

 

[Defilade]

First Federal Income Tax. On February 25, 1913, the 16th Amendment officially became part of the Constitution, granting Congress constitutional authority to levy taxes on corporate and individual income.

Funny how that was the same year the Private bank called the FED was voted in on Christmas eve.. BTW the 16th Ammendment was NOT ratified properly. Null and Void!

 

[Jmac00]

I am okay with SS not being taxed... Not the other parts though. Tax the tips and tax the Overtime.

Tax all income, or tax no income. Pretty simple concept.

I don't give "tips" I give my server a gift, probably monetary, but gift, nonetheless

 

[Zerex]

22.4 MILLION illegals currenty receive MEDICAID services nationwide.....................CUT THEM ALL OFF!!

That's a lot of bread.

Cutting off all cash payments, rent, Hotel Rooms, shelter center payments, and EBT to illegals, will also drive them the fuck out. Starvation IS a tactic.

NYS is currently ordering the PBMs, to cut drug services to active and state employees to give to Illegals.

Keeping the Trump tax cuts permanent, no tax on tips, or on SS income is a big deal; crush the IRS and all Fed Agencies by 50%+