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wtf is wrong with the right?

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Somewhere in Mn

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Re: wtf is wrong with the right?
« Reply #7050 on: July 05, 2025, 11:54:24 AM »
That oughtta send a message, one would think.
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Reacher

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Re: wtf is wrong with the right?
« Reply #7051 on: July 05, 2025, 12:16:21 PM »
Ruh roh?

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"He commented more than once that, 'You know, Hitler did some good things, too,'" Kelly recalled to The Times. Kelly said he would usually quash the conversation by saying "nothing (Hitler) did, you could argue, was good," but that Trump would occasionally bring up the topic again.
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illiniray

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Re: wtf is wrong with the right?
« Reply #7052 on: July 05, 2025, 12:51:13 PM »
Quote from: ThePAMan on July 05, 2025, 11:14:16 AM
Basically, you have to admit that Trump has done more for blue collar workers in one bill than the Democrats have in 30 years..... Too focused on pronouns and providing for those not here legally....

What are you smoking? Read the fine print.
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illiniray

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Re: wtf is wrong with the right?
« Reply #7053 on: July 05, 2025, 12:54:24 PM »
Quote from: Swole Jesus on July 05, 2025, 12:16:21 PM
Ruh roh?



It appears that goes for the no tax on  OT too. It is tax deduction. Who itemizes anymore?
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Somewhere in Mn

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Re: wtf is wrong with the right?
« Reply #7054 on: July 05, 2025, 12:56:06 PM »
Odd.

From the failing NYT




Uber and DoorDash have already pushed to make sure their drivers can qualify for tax-free tips."
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illiniray

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Re: wtf is wrong with the right?
« Reply #7055 on: July 05, 2025, 12:57:31 PM »
Quote from: No one in Mn on July 05, 2025, 11:54:24 AM
That oughtta send a message, one would think.

Temporary tax deductions certainly send a message for those paying attention. Even the special bonus rate for some seniors expires when Trump's term expires.
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illiniray

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Re: wtf is wrong with the right?
« Reply #7056 on: July 05, 2025, 01:02:44 PM »
Quote from: Swole Jesus on July 05, 2025, 12:16:21 PM
Ruh roh?



Upon further review

AI Overview


No, the new deduction for qualified tip income is not an itemized deduction.
Instead, this tax break, available for tax years 2025 through 2028, is a below-the-line deduction that reduces your taxable income, according to the Tom Talks Taxes blog. This means you can claim the deduction even if you claim the standard deduction.

This deduction allows individuals to deduct up to $25,000 annually for qualified tips received in customary tipping occupations, according to the Tom Talks Taxes blog. The deduction applies to cash tips.

To qualify for the deduction, tips must be reported on one of the following forms:

Form W-2
Form 1099-K
Form 1099-NEC
Or self-reported on Form 4137

Keep in mind that while this deduction eliminates federal income tax on qualified tips, you still need to report the tip income and pay payroll taxes, according to Bankrate.
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“Taking a trip? Where to?”  -“Wherever I end up, I guess. -“Man, I wish I was you." -Well, hang in there.”
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Somewhere in Mn

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Re: wtf is wrong with the right?
« Reply #7057 on: July 05, 2025, 01:28:41 PM »
Quote from: illiniray on July 05, 2025, 12:57:31 PM
Temporary tax deductions certainly send a message for those paying attention. Even the special bonus rate for some seniors expires when Trump's term expires.
You can cut a check, in protest, to the Feds for any of your tax savings.
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alum74

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Re: wtf is wrong with the right?
« Reply #7058 on: July 05, 2025, 01:34:30 PM »
Quote from: ridingthegrange on July 04, 2025, 04:39:48 PM
Any one else get an overnight email from SSA touting the BBB?  How f'ing un-american to politicize that Agency!  Happy 4th!  I hope we have many more.

Polls show the BBB is unpopular so you can expect more "let me kiss Trump's ass" messages in the future.  The boost to the standard deduction for Social Security recipients 65 and older is only for four years and the money to pay for it comes from the SSA trust fund, depleting it much faster.
https://www.cnbc.com/2025/07/01/senate-big-beautiful-bill-touts-tax-help-for-seniors-on-social-security.html#:~:text=President%20Donald%20Trump%20has%20said,the%20legislative%20text%2C%20would%20work.

The most serious cuts to Medicaid were carefully timed to kick in only after the midterms.  However, politicians in Medicaid-reliant districts are starting to run scared.  Rumors of rural hospitals closings are beginning to trickle in.  Many will not wait for the cuts.
https://policy-wire.com/rural-hospitals-brace-for-financial-hits-or-even-closure-under-republicans-1-trillion-medicaid-cut/

https://nebraskapublicmedia.org/en/news/news-articles/southwest-nebraska-hospital-announces-plans-to-close-blames-uncertainty-over-funding/

Republicans are cynically assuming that their voters either (1) won't actually notice what's going on (particularly those who live within the cocoon of right-wing media), or (2) will, as McConnell said, quickly "get over it."   

The BBB is a grifter's dream of a bill if there ever was one.  Trump learned a ton stiffing people and outlasting them by applying the Cohn method, never admit, never give up and lie until it becomes “truth."
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Reacher

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Re: wtf is wrong with the right?
« Reply #7059 on: July 05, 2025, 01:35:34 PM »
Quote from: No one in Mn on July 05, 2025, 01:28:41 PM
You can cut a check, in protest, to the Feds for any of your tax savings.

I’d rather just give the money to Trump directly. Where’s my Trump flag?
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"He commented more than once that, 'You know, Hitler did some good things, too,'" Kelly recalled to The Times. Kelly said he would usually quash the conversation by saying "nothing (Hitler) did, you could argue, was good," but that Trump would occasionally bring up the topic again.
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illiniray

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Re: wtf is wrong with the right?
« Reply #7060 on: July 05, 2025, 02:08:03 PM »
Quote from: No one in Mn on July 05, 2025, 01:28:41 PM
You can cut a check, in protest, to the Feds for any of your tax savings.

This has what to do with the fact the senior, tips, and OT tax cuts all expire when Trump's term expires? This means anyone who benefits is set up for an automatic future tax increase.
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“Taking a trip? Where to?”  -“Wherever I end up, I guess. -“Man, I wish I was you." -Well, hang in there.”
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ThePAMan

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Re: wtf is wrong with the right?
« Reply #7061 on: July 05, 2025, 02:13:54 PM »
Quote from: illiniray on July 05, 2025, 01:02:44 PM
Upon further review

AI Overview


No, the new deduction for qualified tip income is not an itemized deduction.
Instead, this tax break, available for tax years 2025 through 2028, is a below-the-line deduction that reduces your taxable income, according to the Tom Talks Taxes blog. This means you can claim the deduction even if you claim the standard deduction.

This deduction allows individuals to deduct up to $25,000 annually for qualified tips received in customary tipping occupations, according to the Tom Talks Taxes blog. The deduction applies to cash tips.

To qualify for the deduction, tips must be reported on one of the following forms:

Form W-2
Form 1099-K
Form 1099-NEC
Or self-reported on Form 4137

Keep in mind that while this deduction eliminates federal income tax on qualified tips, you still need to report the tip income and pay payroll taxes, according to Bankrate.

Don't tell me that some stupid moron Tempo follows on The Twotter was wrong. It is unfathomable!
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ThePAMan

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Re: wtf is wrong with the right?
« Reply #7062 on: July 05, 2025, 02:17:01 PM »
Quote from: illiniray on July 05, 2025, 02:08:03 PM

This has what to do with the fact the senior, tips, and OT tax cuts all expire when Trump's term expires? This means anyone who benefits is set up for an automatic future tax increase.

Or, just maybe, it purposely sets up a campaign slogan for 2028? C'mon Nichi, you should be able to figure this out....
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Mark Carman: "The Whitlock!...Caleb Williams failed Wayne Whitlock." Been told I need to take my dick out my mouth so maybe I "wont [sic] sound like such a fucking faggot all the time[.]"

Tempo: "PAMan is a pot stirrer and agent provocateur"
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ThePAMan

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Re: wtf is wrong with the right?
« Reply #7063 on: July 05, 2025, 02:20:22 PM »
Quote from: alum74 on July 05, 2025, 01:34:30 PM
Polls show the BBB is unpopular so you can expect more "let me kiss Trump's ass" messages in the future.  The boost to the standard deduction for Social Security recipients 65 and older is only for four years and the money to pay for it comes from the SSA trust fund, depleting it much faster.
https://www.cnbc.com/2025/07/01/senate-big-beautiful-bill-touts-tax-help-for-seniors-on-social-security.html#:~:text=President%20Donald%20Trump%20has%20said,the%20legislative%20text%2C%20would%20work.

The most serious cuts to Medicaid were carefully timed to kick in only after the midterms.  However, politicians in Medicaid-reliant districts are starting to run scared.  Rumors of rural hospitals closings are beginning to trickle in.  Many will not wait for the cuts.
https://policy-wire.com/rural-hospitals-brace-for-financial-hits-or-even-closure-under-republicans-1-trillion-medicaid-cut/

https://nebraskapublicmedia.org/en/news/news-articles/southwest-nebraska-hospital-announces-plans-to-close-blames-uncertainty-over-funding/

Republicans are cynically assuming that their voters either (1) won't actually notice what's going on (particularly those who live within the cocoon of right-wing media), or (2) will, as McConnell said, quickly "get over it."   

The BBB is a grifter's dream of a bill if there ever was one.  Trump learned a ton stiffing people and outlasting them by applying the Cohn method, never admit, never give up and lie until it becomes “truth."

The issue is the blue collar people are probably not on The Twotter to realize it and odds are they are not reading The Failing NY Times. I am guessing The FaceTok is overrun with the memes showing these people they are getting a raise courtesy of Trump and not one Dem supported it, but that the Dems love giving money to illegals and trans prisoners.....
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Mark Carman: "The Whitlock!...Caleb Williams failed Wayne Whitlock." Been told I need to take my dick out my mouth so maybe I "wont [sic] sound like such a fucking faggot all the time[.]"

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Somewhere in Mn

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Re: wtf is wrong with the right?
« Reply #7064 on: July 05, 2025, 02:24:05 PM »
Quote from: illiniray on July 05, 2025, 02:08:03 PM

This has what to do with the fact the senior, tips, and OT tax cuts all expire when Trump's term expires? This means anyone who benefits is set up for an automatic future tax increase.
If the Dems had their way you would be looking at a tax increase now. That's what they voted for.
And if the Dems have control after the 2028 elections they can vote in the tax increase running on an 'elect us, we'll let the Trump tax savings bills expire' campaign.
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