Comment on Most of Lemmy right now
jimbolauski@lemm.ee 1 week agoI already shown you that you don’t even know the policies of an administration you support and that is going to screw the middle and low classes in favour of a tiny percentage of the wealthiest elite
How is a tax cut screwing over the middle class? Do we need to add screwed over to the list of words you don’t understand.
FabioTheNewOrder@lemmy.world 1 week ago
If you apply such cut only above a certain threshold income everyone under that threshold will not reap te benefit of that cut while at the same time will be affected by alack of investments in public spending and services which will derive from a lower income in the state revenue caused by said tax cut.
Is this clear or should I draw you a picture? Maybe I can build you a dioirama using play-doh. Thinking about it, better not: I wouldn’t want you to put that paste up your nose trying to fill that so unconfortable void sitting inside your thick skull
jimbolauski@lemm.ee 1 week ago
It’s a flat cut accross the board so this doesn’t apply. Everyone’s tax rate is lowered the same amount. Remember this tax isn’t a progressive tax cut, you still remember what a progressive tax cut is.
That’s a simpletons understanding of how funding works. If nothing is cut then the deficit increases, this is common. If foreign aid is cut how does that harm the taxpayer? If defense spending is cut how does that harm the taxpayer?
My point is taxes go to so much more than infrastructure and social programs that the US spends taxpayer money on. There are a lot of things than can be cut and not harm low income families.
Hopefully now you’ll see why your simple statement is just ignorant of what is really going on.
FabioTheNewOrder@lemmy.world 1 week ago
Even if this would be a flat cut across the board who do you think would benefit more from this cut, proportionally? A family with 100K income taxed at a flat rate of 35% or a family with 100,000K taxed at the same rate? Who would save more money from a tax cut in this scenario?
You do understand why tax rates should be progressive, right?
You have seen that this administration is currently cutting agencies related to consumers protection and state management, right? Are you living in the same reality as all of us or are you living the MAGA dream?
Once more you don’t understand the concept of soft power. If you think that cutting spending abroad will benefit the USA while China and Russia keep on spending on developing countries to entrench their politics in these parts of the world you are even stupider than what you sound like
I really don’t have any hope you can uderstand what you are talking about
jimbolauski@lemm.ee 1 week ago
How are low and middle income households harmed in this scenario?
I know you just learned what progressive taxes and tax cuts are and are excited to use it, but you’re far from an expert.
If the cfpa was serious about its job they would not have spent more in renovations than all the rest of federal government, or pass on any of the fines it imposed against lenders to the people they harmed. They are helping themselves not consumers.
There’s no ROI on usaid money so getting rid of it won’t hurt the US. ie giving you $1000 won’t make you conservative. To do that I’d need to teach you work ethic, accountability, self reliance, maybe a trade, and a whole bunch of self confidence, then maybe you would be more focused on things you can do to improve your life instead of what others should do for you.