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How will Trump’s tax INCREASE affect you?


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The Trump bribe to oil companies today has led me to do some research, because when they get tax breaks, it will eventually come out of ALL of our pockets, and into theirs.  Also to note, they are paying our government to keep prices high, which also comes out of our pockets.  During Bush, Exxon made $234 billion.  During Obama they made $225 billion.  Under Biden in 3 years they made $115 billion.  Under trump they made only $32.5 billion(on top of $25b in tax cuts), so maybe that's why trump told them that the $1 billion he wants from them for re-election is "a deal".  I'm sure Covid skewed their numbers a lot under trump, but basically they are extorting the people, through our government, for trillions of dollars.  Go ahead and vote red or blue, because it won't matter.  Gas prices are going to remain high, because that's where they want them to be, and blame it all on drilling rights, which is complete and utter BS.  They have TONS of open permits already.  

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  • 3 months later...

 

 

 

Hey anybody remember the original title of @BillStime's thread ?

 

On 5/12/2022 at 1:09 PM, B-Man said:

 

How will the new GQP tax INCREASE affect you?

 

It won't.  There isn't any.

It was a proposal by one senator, in a senate with a Democrat majority.

The thread is a "squirrel" posted by our resident nut.

 

 

 

 

 

 

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18 minutes ago, The Frankish Reich said:

Ugh.

I'm not sure whether Trump believes his own bs (it's certainly more disturbing if he does). But what bothers me is that a lot of uninformed people believe this, that tariffs are a no-cost way of raising federal revenues.

Trump's big tax on the middle class! 

 

He dishes out so much BS that it's hard to get people to focus on this particular toxic measure 

15 minutes ago, B-Man said:

 

 

 

Hey anybody remember the original title of @BillStime's thread ?

 

 

 

 

Trump's plan is to raise taxes on middle class

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1 minute ago, Tiberius said:

Trump's big tax on the middle class! 

 

He dishes out so much BS that it's hard to get people to focus on this particular toxic measure 

Trump's plan is to raise taxes on middle class

Link me up to the details and I'll answer your question

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2 minutes ago, Tiberius said:

Trump will raise them, again 

 

He says he will raise these taxes 

While I generally don't agree with the concept, lots of countries impose tariffs for various reasons. To protect domestic industries, to counter foreign government subsidies, to counter "dumping" activity, to raise revenue. Wikipedia lists 197 countries here. I

 

https://en.wikipedia.org/wiki/List_of_countries_by_tariff_rate

 

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57 minutes ago, All_Pro_Bills said:

While I generally don't agree with the concept, lots of countries impose tariffs for various reasons. To protect domestic industries, to counter foreign government subsidies, to counter "dumping" activity, to raise revenue. Wikipedia lists 197 countries here. I

 

https://en.wikipedia.org/wiki/List_of_countries_by_tariff_rate

 

So? 

 

Why does Trump need to raise taxes on the American people? 

 

Why does Trump need to lie about who will pay for the tariffs? The American people pay the tax, Trump lies about that 

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1 hour ago, All_Pro_Bills said:

While I generally don't agree with the concept, lots of countries impose tariffs for various reasons. To protect domestic industries, to counter foreign government subsidies, to counter "dumping" activity, to raise revenue. Wikipedia lists 197 countries here. I

 

https://en.wikipedia.org/wiki/List_of_countries_by_tariff_rate

 

Interesting link. Thanks.

You will notice two things: 1. Yes, we are amongst the lowest tier tariff countries. 2. The higher tier tariff countries are not exactly something to emulate.

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