Bozeman protest

[Labman]

The US tax system imposes heavy taxes on the WRONG citizens and organizations.

Can you expand on this?

 

[406dn]

Trump doesn't give two shits about the national debt. Want proof, look at his first term. He ran up a bunch of it, even allowing for covid.

He and the GOP did get some tax cuts passed, that benefited the upper end of earners the most. It was passed with the tired promise that the cuts would unleash economic growth, large enough to cover the tax cuts. If memory serves serves, they said it would translate into ~4k/family, in income gains. Two things resulted, the deficits ballooned, and wealthy people got significant tax relief.

All of this chaos with DOGE and the tariffs, is cover to make the expiring tax cuts permanent, little else. It was great to hear that Trump won a golf tournament this past weekend.

 

[Straight Arrow]

Can you expand on this?

Tax laws and allocation system is complex and considered to be unfair (wrong) in that you and I, along with most honest citizens, routinely pay taxes and file our tax returns each spring to the best of our knowledge and with intent to pay our "fair share". However, many entities with exorbitant incomes and crafty tax accountants and lawyers actually pay very little or even zero taxes on the financial benefits received. Potential taxation from eliminating many of the "loopholes" would go a long way to balance the fiscal scales more fairly.

 

[Forkyfinder]

He and the GOP did get some tax cuts passed, that benefited the upper end of earners the most.

This is sort of incorrect.

Rich friends i know in MT had their taxes INCREASE because they were no longer able to deduct state income tax - and the higher std deductions makes it harder to justify itemizing.

 

[Wildabeest]

This is sort of incorrect.

Rich friends i know in MT had their taxes INCREASE because they were no longer able to deduct state income tax - and the higher std deductions makes it harder to justify itemizing.

That was mostly offset for folks in higher tax brackets by an overall reduction in the top rates. In my personal situation, my taxes under Trump went down $30k/yr despite losing a lot of deductions. I’d give every penny of it back to not have him running our country.

 

[TakeABreakAndTouchGrass]

Y'all need to start focusing on more important things.

 

[cgasner1]

Y'all need to start focusing on more important things.

View attachment 367057

If I don’t draw I will protest

 

[Forkyfinder]

If I don’t draw I will protest

Welp my shit says "pending" for 622-20 - after emailing the dept last week.

Perhaps domestic goat shall be on the menu if i draw it!