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Only on people making more than $400k my ass! (media.patriots.win)                I  DID  THAT  
posted ago by wst4 ago by wst4 +2366 / -4
Comments (110)
sorted by:
73
President_Elect_Pepe 73 points ago +77 / -4

This is nit picky. We can meme better.

This can’t be our best objection to a monstrosity of a bill.

35
JerryNadlerBeltFund 35 points ago +37 / -2

Not really compelling to argue your rate is going up .3%. 2/3 of the revenue increase is projected from thr top 5% of earners, who have 200k or higher incomes.

Attack the policy itself, not what appears to be an insignificantly higher tax burden. The absurdity of green energy, endless aid for foreign wars and unlimited immigration. This chart won’t win any arguments, though.

10
Whoopies_tds 10 points ago +10 / -0

Something ain't right with that chart, Look at columns 2 and 3 current/proposed federal tax. Every income group is the same except $1M+ yet the average changes. How does that work?

3
the_pragmaticist 3 points ago +3 / -0

The percentage of the total tax burden by income group doesn’t change beyond a rounding error, however the entire tax pool increases so we all pay more. That’s the tough explanation.

2
JerryNadlerBeltFund 2 points ago +2 / -0

Politician math. “Joint committee” is probably an indicator that it’s complete bullshit

The only way to get uniparty factions to agree is when they’re lying to our faces or scheming against us privately. Since this is a public document, we can rule out the latter this time.

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2SmoothGQ 8 points ago +8 / -0

I’m creeping up on 20%. 0.3% doesn’t mean much but seeing that I’m losing 20 fucking % of my paycheck to taxes and they still want to increase is more than enough to piss me off. Agreed there are worse things with the bill but seeing it laid out like that will fire people up.

7
canada_is_communist 7 points ago +7 / -0

20%?

Lol come to quebec, id kill for 20%

More like 53%

10
2SmoothGQ 10 points ago +11 / -1

I get it. It’s atrocious everywhere. 53% is way too much. You shouldn’t be begging for 20% though. 10% should be THE MAX anywhere and it shouldn’t be tied to income. I feel for you but 20% is still fucking atrocious. Add in property, sales, state, county, gas, liquor, and any number of other taxes and I’m probably in the 40% range. 20% is just what’s easily calculated. Governments all over the world are out of fucking control.

5
canada_is_communist 5 points ago +5 / -0

I agree with you 100%

I dont mind donating a portion of my income to help others, in fact, I do that right now.

But I stopped working because taxes were too high lol

1
utfanx2 1 point ago +1 / -0

Increasing income tax during a labor shortage. Then they wonder why nobody is working.

4
Coover 4 points ago +4 / -0

5% state income tax for me. Last year with real estate property tax, and personal property tax, and ball parking sales tax fuel tax, etc i was at 43%

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2SmoothGQ 8 points ago +8 / -0

“I make $150,000 a year” translates to “I make roughly $90,000 a year”. It’s the biggest fucking scam. It’s tax slavery. The founding fathers would have been dumping tea and popping redcoats at this point. We are not being represented we are being ruled and scammed. Just doesn’t seem like there is a way out.

3
DontArkancideMeBro 3 points ago +3 / -0

Lol it’s worse than that. Next take out property taxes, sales taxes, inflation, etc etc.

4
Coover 4 points ago +4 / -0

Correction to be honest $43k number was inflated I was including the 6.2 social security and 1.45 Medicare tax. I should be happy without those I only paid $35k in real taxes 🙄

Sarcasm*

2
Marshall2 2 points ago +2 / -0

10% to the State; 1% to the Feds. NO MORE!

Feds need gastric bypass.

1
visorak 1 point ago +1 / -0

The states and the fed can share their 10%. Fed should get no direct money from citizens.

1
Marshall2 1 point ago +1 / -0

OK. State gets 10% and Feds get 10% of States 10%. Works out to 9% to State and 1% to Feds.

Better?

1
Icepck 1 point ago +1 / -0

0%. Have ideas get funded by voluntary funding. Good ideas will get funded.

1
Standingoak 1 point ago +1 / -0

When you stop trying to "win any arguments" and start trying to educate those you deal with , then you WIN. No mater the immediate outcome.

Just like God WINs .

14
TrumpoWon2020 14 points ago +15 / -1

It's designed for all the young liberal fucks who only want their college debt eliminated and vote based on that. This proves the liberal politicians lied to them and have no intention of forgiving debt.

It also means the liberal commies 100% plan on stealing every election in the future because they're admitting they no longer have any voter base.

-2
ChonkFingers -2 points ago +2 / -4

They didn’t lie, Biden inflated the debt away. My student loans cost as much as a new car now.

5
TrumpoWon2020 5 points ago +5 / -0

Federal loans have non adjustable rates. You made the mistake of taking private loans or refinancing to private loans.

Sorry but you were an idiot for doing that.

-1
ChonkFingers -1 points ago +2 / -3

no, this is a good thing for anyone with debt. When I finished college, my debt was equivalent to some of my neighbors mortgages. After inflation and after everyone demanded raises to pay for the cost of living doubling, the debt is equivalent to a used car payment which is so absurdly easy to pay back that it might as well have been canceled.

2
TrumpoWon2020 2 points ago +2 / -0

You didn't even mention anything about my comment. People who refinanced are getting FUCKED right now as their interest rates jump beyond 6%. Federal loans are LOCKED at 3% to 5%. And all federal borrowers are protected by... oh... what's that? The last TWO YEARS of deferral with zero interest. That's nice huh?

5
ChonkFingers 5 points ago +5 / -0

You’re right, anyone with an adjustable rate loan is getting fucked right now. Anyone who needs to take out a new business loan or mortgage is also fucked. We’re all fucked because we’re paying for this one way or another but anyone with an existing student loan basically had half their debt wiped out in the last 2 years from inflation unless they were retarded and signed up for an adjustable rate when interest rates were 0.

3
CuckS1ayer 3 points ago +3 / -0

Maybe that is what he meant by cancel student debt. Maybe he meant make the currency so worthless the debt is the price of a sandwich.

2
TrumpoWon2020 2 points ago +2 / -0

Actually everyone smart saved all their cash in a high yield savings account and are about to throw $30,000+ at their student loans.

This has been the advice on every financial forum in existence since early 2020.

Of course all the ghetto folks didn't save anything but who cares about them.

1
irdc 1 point ago +1 / -0

You're not wrong. When I graduated college $25k seemed insurmountable since it was equal to my salary at the time. Now I make 4x that, and it's still shitty, but like you said - my car cost the same. My car is much more useful though.

1
ChonkFingers 1 point ago +1 / -0

I got out with $30k of debt and never thought I would financially recover from it. Now I have over half a million and I basically make $30k a year just in dollar collapsing and the debt being easier to pay back.

2
irdc 2 points ago +2 / -0

Nice. Good job.

1
ChonkFingers 1 point ago +1 / -0

Lol so many down votes, maybe I need to clarify... I’m not saying Biden isn’t a complete fuck up. He’s robbing everyone’s retirements, savings and causing interest rates to become so high that it’s going to be difficult for people to take out mortgages and business loans for a long time. We’re all fucked. But he is fulfilling his promise for the most part to “cancel” student loan debt, just in an indirect way by destroying the buying power of the dollar.

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deleted 5 points ago +5 / -0
1
Sarsen1776 1 point ago +1 / -0

The Devil is in the details. You can always ignore the details, but they will eat your lunch anyway. The above is more closely classified as a pamphlet.

1
jonnyburke 1 point ago +1 / -0

Where's your meme?

1
AussieTrumpFan 1 point ago +1 / -0

She goes to school in a different country. You wouldn't have heard of her.

1
President_Elect_Pepe 1 point ago +1 / -0

I would focus on spending during inflationary years which is far more relevant and would resonate better.

I’m just not a fan of this one. 🤷‍♂️

1
ChonkFingers 1 point ago +1 / -0

Also, everyone with any kind of debt just had it cut in half because the dollar lost its value. Biden did cancel student debt, just not in a way that any wanted. Everyone is going to be paying this off for years with bad interest rates.

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Iifuzz 25 points ago +26 / -1

My retard brain needs help understanding how the percent under "Present Law" and "Under Proposal" match, but the average tax rate is higher

9
Keith 9 points ago +9 / -0

Im guessing there is some sort of student loan deduction write off that is going away. Percentage stays the same, but you had less income with the student loan writeoffs now you can't deduct that and now your earning are higher, but at the same tax rate %

2
Icepck 2 points ago +2 / -0

Same.

1
pattrn 1 point ago +1 / -0

I believe those columns show the proportion of total tax paid by that income bracket. The columns should add up to 100% (strangely, the negative percentages are not included in this sum).

Edit: Because the total tax revenue is going up, then the same percentage in each column indicates that the tax bracket is going up by the same proportion as the overall revenue.

1
Sarsen1776 1 point ago +1 / -0

Your confusion on this is directly tied to a poor math education. I am not really attacking you, but it needs to be said. The matching 100% is a tally of the column above, not a comparison of the total tax.

18
RockFlagAndEagle2020 18 points ago +18 / -0

Still a drop in the bucket. The USD will 100% fail at this rate - the only solution is to cut government programs - like 50% of programs to start with and no new funding - for anything. PERIOD.

7
username_is_taken 7 points ago +7 / -0

i saw statistics about this. if they cut 100% of gov spending and only paid out social security they'd still be in the red. i paraphrase but someone can maybe search and post a link here.

7
2SmoothGQ 7 points ago +7 / -0

Before all the CoViD bs Rand had a “penny plan”. If every department cut 1% of their funding we would’ve broken even in like 5 years I think was the number. No one would budge. We are fucked. If they won’t give up 1 penny for every dollar then they sure as shit aren’t cutting any programs.

2
AlphaOverBetaReturns 2 points ago +2 / -0

The Congress could make this change quite easily but instead they continue the pork barrel orgy of ever-increasing spending.

6
ultra-tera-maga 6 points ago +6 / -0

If we stopped regulating ourselves to death we would produce like gangbusters. We've been held down for a long time and everyone seems like they're ready to kick some ass (Democrat's excluded ofc, demoralized cucks gonna simp) but overall the productivity increase could chew through inflation like Joe Biden and a tub of chocolate pudding.

2
TechKilledMe 2 points ago +2 / -0

We need to end social security realistically. “But muh boomers”. Sorry if you didnt plan for retirement and just assumed the government would take care of you that’s your own fault. But we will ride the death spiral until everyone starves.

2
ProphetOfKek 2 points ago +2 / -0

The only solution that will actually happen is our government will crash our economy and we’ll turn into Sri Lanka.

8
MissingTrump 8 points ago +9 / -1

Lol wow the middle class is going to love this.

It's balls deep anal, without lube. On top of the current gas, food, goods & materials prices, crazy inflation, and a recession. Lol.

What a joke.

3
TakingBackCA 3 points ago +3 / -0

They are going to ensure the gas prices fall by November. They’ll do the same thing with food prices. The globalist elite cannot allow the people to see past the veil.

3
freeamerica4ever 3 points ago +3 / -0

How? The reserve oil is supposed to run out in Oct which should jump prices up. But really they can just randomly blame something or someone else and the public buys it because the media buys it.

2
ProphetOfKek 2 points ago +2 / -0

Wouldnt be surprised if the new pork spending bill will help offset gas prices (with your tax dollars) just until the election concludes.

2
tired-of-crap 2 points ago +2 / -0

This is why biden is talking about putting some oil back, so he can have enough to get past the most critical day - Election Day.

1
freeamerica4ever 1 point ago +1 / -0

That will do it. Sheep will be fooled. Ugh

2
TakingBackCA 2 points ago +2 / -0

Whatever it takes, they’ll make sure of it, as you astutely observe regarding the media. The opponent can never let this sort of resistance take hold ever again. It must be crushed.

1
DieHeretic 1 point ago +1 / -0

Futures markets say that isn't going to happen. Diesel prices will rise again beginning next month as the harvest starts, ensuring food prices remaining high.

1
TakingBackCA 1 point ago +1 / -0

They can’t allow it. They don’t follow the rules of the road.

They will do whatever it takes. They’ll kill whoever needs to be eliminated. They’ll pay whoever needs to be paid. They’ll blackmail whoever needs to fear them.

Anything. They have to or it’s all over. They must; this is do or die. Every option is on the table to ensure the midterms go the right way.

1
MissingTrump 1 point ago +1 / -0

They will have to, or people will see past all their shit. I mean even liberals at work are not happy with this bill, and they are usually happy with smelling democrat farts.

2
Tiberium 2 points ago +2 / -0

That’s the point!

7
Rommsey 7 points ago +7 / -0

I remember a stupid clown at my workplace in 2017 that said the amount he would get back under Trump’s plan wasn’t enough to get excited about the tax cuts. May he be fully excited with this, he deserves this.

7
TrumpoWon2020 7 points ago +7 / -0

They are 100% planning to steal every election going forward then.

6
PickleSticks 6 points ago +6 / -0

Can someone explain in retard the change in the tax rate? Its only like $10 in this chart.

2
MissingTrump 2 points ago +3 / -1

That's in billions.

1
PickleSticks 1 point ago +2 / -1

oh ok, so the tax rate per person goes up the small percentage? Sorry im inept. I dont understand how much the taxes for my bracket are going to go up.

5
MissingTrump 5 points ago +6 / -1

Yep. Almost everyone is going to have to pay more in taxes now. After Biden specifically said no increase on the middle class.

Middle class people will have to pay a few hundred to a few thousand more in taxes. Pair that with the rest of the crap the democrats caused and you are basically making thousands less now than 2 years ago.

4
PickleSticks 4 points ago +4 / -0

Almost as if they lost the election and are trying to make the nation pay dearly for not electing them.

2
MissingTrump 2 points ago +2 / -0

Got to make their money and escape before the country sinks deeper into communism.

Really wish at least the media would do their jobs... But I doubt most sheep will wake up until it's too late...

1
AussieTrumpFan 1 point ago +1 / -0

He's telling the truth about no increase on the middle class - because they're doing their best to get rid of it.

Politburo and serfs. That's the only classes a Marxist classless economy needs.

1
Liquid_Hot_MAGA 1 point ago +1 / -0

The a actually tax rate doesn't change, it's a projection of people having to pay more from companies who's tax rates are going up

4
deleted 4 points ago +4 / -0
3
ToniBahloni 3 points ago +3 / -0

I have no idea wha this chart means...

3
ErosLove 3 points ago +3 / -0

What does student debt have to do with tax rates? Am I missing something here?

3
YouTubeSucksDicks 3 points ago +3 / -0

My best guess with the data OP provided, is that they're figuring income levels of people with student debt and then comparing that to the tax increases. It's an odd way to interpret it, but I guess it's to present it such that "Biden is not helping people with student loan debt." I dunno. Just making a lot of assumptions on what OP was getting at.

3
LessSwampMoreMAGA 3 points ago +3 / -0

Time to figure out what theyre doing with SALT taxes. Thats how they historically have cut taxes in heavy blue states while having higher rates.

1
tired-of-crap 1 point ago +1 / -0

They could not deal with this issue, since that would require 60 votes, which he does not have. Thus, those in those high tax states are going to get bent over by their state, in addition to the IRS, with their new Armed Audit Army (AAA) LOL

3
Hanging_Chad 3 points ago +3 / -0

Is this adjusted for inflation?

3
Formerlurker92 3 points ago +3 / -0

bend over and bite the pillow, I'm going in dry

-78k new irs agents

2
NimbleNomad9 2 points ago +2 / -0

Not "I'm"

Its "We" at this point

3
Boom2cannon 3 points ago +3 / -0

Just yet another reason to not waste your time or money in college. 95% of jobs absolutely do not require a degree.

3
123breadman 3 points ago +3 / -0

If people go to college, they need to go for a degree for a job that uneducated can't get. Such as Engineer, CPA, Doctor, Lawyer, or some other profession. Any other reason, I agree waste of time and money.

5
Boom2cannon 5 points ago +5 / -0

Yep - Trade school is far superior.

3
CaptainWinston 3 points ago +3 / -0

Every morning I wake up and say the same thing I say every night.

Fuck Joe Biden.

The New Green Deal is just theft based on fear mongering.

Fuck Joe Biden again!

2
McFatty7 2 points ago +2 / -0

Under this chart, how does it make sense that someone making $10k-$20k get a "tax cut" vs someone making less than $10k?

1
yurimodin 1 point ago +1 / -0

under 10K is untaxed

2
gillonba 2 points ago +2 / -0

I'm not seeing what the table has to do with student loan debt. Don't most people who make over $400k have to accumulate massive amounts of student loan debt?

2
Congo 2 points ago +2 / -0

Do you have a source available? This is very interesting [ thumbs up ]

2
Benwa1985-2 2 points ago +2 / -0

That 500k-1m crowd seems to be the least hit by taxes before and after. I wonder what most senators and congressman fall under after all their stock wins?

2
Throwingway22 2 points ago +2 / -0

Wondering if we can get any based judges to accept an equal protection argument to overturn this (at least temporarily). They've always punted on that question in the past.

2
Gildoom 2 points ago +2 / -0

ThinkingBlackMan.jpeg

But with inflation, everyone will be making more than 400k soon!

2
username_is_taken 2 points ago +2 / -0

this is why minimum wage is stupid. when they all start chortling about $15/hour minimum wages they know shit's getting real and now we are just starting to feel it a tiny bit. it will get much worse and it can go very quickly.

2
DieHeretic 2 points ago +2 / -0

Ring up a loaf of bread and gallon of milk, $9,000.

2
yudsfpbc 2 points ago +2 / -0

I plan on making $0 next year. What is the tax rate for that?

3
123breadman 3 points ago +3 / -0

As long as you report it, not a problem. If you don't report it, (even if it's $0) you will get flagged in their system and be audited for life.

2
WinterSoldier82 2 points ago +3 / -1

This admin needs a class in Economics.

3
RentedMule 3 points ago +3 / -0

I don't know if they need a lesson in economics, or if this is all on purpose. I keep thinking more and more that all of this is just some grand implementation of the Cloward-Piven strategy, with the intent to completely crash the economy.

2
IvIA6A 2 points ago +2 / -0

That you would raise taxes at all in a recession is fucking dumb. Then print another trillion dollars to spike every prices.

2
Marshall2 2 points ago +2 / -0

$400,000 isn't what it used to be since Biden. Neither is $20,000. But Billions is still Billions.

2
CrackerJack2 2 points ago +2 / -0

It's a $700 BILLION bill.

This will drive up inflation, as it pushes up the price of electric cars by the increasing demand of a limited product, and drives even more money out of the country into the expensive foreign battery suppliers, and foreign cobalt, nickel, and lithium mining hands.
It also likely puts new handcuffs on using fossil fuels, the life blood of our economy.

2
Spezz 2 points ago +2 / -0

fuckin fags

2
AssPhixEAtion627 2 points ago +2 / -0

Lol. And those retards thought their debts will be forgiven by Biden. Fuckin retards, no bank/lender gonna give u free anything.

1
crackerstacker 1 point ago +1 / -0

Can you explain how? Something with interest??

1
KrellKrypto 1 point ago +1 / -0

Half a percent….

Meanwhile Inflation is at 10% a year.

Just fucking saying…

1
deleted 1 point ago +1 / -0
1
RationalThought 1 point ago +1 / -0

If you have student debt, what room do you have to complain? I want to say this as nice as I can, the institutions are 90% leftists, and they will suffer worse than some conservative that holds a job while paying off his debt through college. If there was one thing I have seen the most of, it is the liberal types that their parents have set them on a course for failure. They pay their way now of course, but with no incentive to work off their debt themselves, those kids become party animals that think life is great. Once that money runs out and the real world smacks them in the face, once their car bills, their rent, insurance, and student bills come due and daddy ain't paying that no more, this is where they melt down. It is amazing to watch, really.

1
UndeadRevolver 1 point ago +1 / -0

WTFF is up with that special tax rate for 500k-1m?

1
JKramer 1 point ago +1 / -0

Reducing the effects of inflation on the Government by stealing, under the threat of extreme federally sanctioned violence, more of your meager finances.

1
booger666 1 point ago +1 / -0

Student debt is a self inflicted wound.

1
deleted 1 point ago +1 / -0
1
benjibenji 1 point ago +1 / -0

Motherfucker

1
BigguthDickuth 1 point ago +1 / -0

The American people used to look at people that allowed themselves to get suckered with contempt, example “every Bugs Bunny cartoon”. The left now wears it with pride.

1
Grindelwald 1 point ago +1 / -0

I think it’s time for a massive lawsuit, a class action lawsuit against the IRS and it’s constitutionality. It was never intended to be what it is today.

0
pattrn 0 points ago +1 / -1

While I thoroughly dislike taxes and believe they should be reduced dramatically, this chart actually gives me a bit of hope that this bill wasn't as horrible as I thought it was.

0
ghost_of_aswartz 0 points ago +1 / -1

This is more classism. Classism breaks free market capitalism.

Classism is a problem. You know how you start to eliminate it?

Make the Federal tax a FLAT tax on consumption. No more than 25%.

That's it. Rich people buy more expensive shit, so they will be paying their share. 8M Yachts, now exempt now cost them 2M in taxes. Your apple costing a dollar requires you give a quarter to the government.

If you don't want to pay the government for 5 dollar zucchinis, you know what you can do? Plant a seed. If you grow it, or give it away, no taxable event. If you sell it, you have to to charge 25% more to pay sales tax. 4 dollar zucchs cost 5 dollars

Simple. States can do the same, but there should be a cap on it, saying they can't take more than the fed. So some states might charge 25% for a total of 50% sales tax. States like this are going to create a thriving shipping industry, since people are going to buy outside of the state and ship it in. And they'll shop out of state too. In fact, all the malls and stores will close in a state like that, so that's how you know retailers will pressure them to not allow the state to take 25% sales tax; which is unheard of anyway (7.5% is the highest)