Do you think congress may have forgotten how their job works? Like I remember learning the importance of congress in middle school. Power of purse and all that. Why is the congress petitioning the president for legislation? Can we please replace the congressmen who don’t understand what their job description is? Every day in the news its just “Legislator asking someone else to do their job” “Legislature confused on how laws are made” “legislator claiming the presidents office is just better at making laws”
The senators also frame the proposal as a potential solution to the nation’s housing market, arguing that many homeowners are choosing to stay in their properties rather than sell and face a steep capital gains bill.
If the sale results in less than $250k in profit it’s already tax free. It goes up to $500k for joint filers. This doesn’t help the average person, just like eliminating the inheritance tax wouldn’t help us either.
Yea that’s a tax break that does help the “middle class” even tho home ownership is being denied to more and more of them. They need to raise the standard deduction to the median wage and make the rich people shoulder the tax burden created. I’d bet they’d be more frugal if they weren’t finding new ways to tax the poor to cover the spending.
Do American care about another few hundred billion in debt? The interest on past debt is a trillion dollars, Biden proposed a 4T Infrastructure Investment and Jobs Act, which the interest on that would be more than 200b.
Every politician takes on more debt than the last, so I assumed Americans don’t care about debt loads.
Spending 1.2 Trillion fixing roads, airports and ports? Thats like literally the purpose of forming a government. Im not sure where you got the 4T from. That was the tax deficit spending included in the BBB 2025.
Yes we spend 900 billion a year on interest so where are we coming up with 200B for hand outs?
Yes the people keep voting morons into congress and have set up perverse incentives for them to rob us. Yes it still makes me upset every time.
So yes some of us Americans do care about the congress being able to pass a sensible budget. The debt won’t stop growing if they don’t stop giving everyone handouts. I deeply care that the next 3 generations will still be paying for the Iraq War and Bush Tax cuts, now they get Iran and trump tax cuts.
No I have no idea how to stop the insanity.
Are you sure you are the majority? I can empathize with people who do care about suitability of finances but are stuck with people who dont.
I cannot defend the population that cannot understand that a tariff is consumption tax. But like maybe 20% of us still do. And that’s like 70 million people.
Well heres a far left economist who says they are basically a VAT tax. However he outlines that exporters do absorb some of the cost, but its mainly been US business absorbing the tariffs.
https://www.youtube.com/watch?v=TJYqvK_oVN8
If you’re a left leaning person isnt that good, cant the government now distribute that money and cut less programs, as corporations absorb much of the cost? Obviously the Trump tax cuts are where much of it will be going, but if a left leaning politician did it and removed those tax cuts wouldnt it be a net positive?
No if I were the majority we would not be here. They don’t really teach finance and economics in public school. Balanced budgets haven’t been a popular platform since 2001. They stopped talking about it in 2012.
The average American can barely fucking read, so you better believe they can’t do math well. They certainly don’t deal in complex problems or multiple orders of effects.
Our education system failed so hard so fast that the majority of the population is blissfully ignorant on monetary and fiscal policy. I mean, these people don’t even understand the progressive tax code they’re under. They will pay taxes for 40 years of their life without fully understanding how a tax bracket works.
Someone should just give dude the biggest wedgie possible. Fucking loser.
Please Texas for the love of god get rid of this man! There’s gotta be another unqualified jerk off they can agree on right?
index capital gains to inflation
is a ridiculous idea, but one that should be shot down in congress.
Far more revenue would be generated for society if there was no capital gains tax advantage at all instead of giving another huge advantage to investor class. This is a better idea than wealth taxes. To avoid the double taxation argument, allowing corporations to deduct dividend payments would still raise extreme revenue, with dividend income taxed the same as other income. It would also improve dynamic capital allocation as more funds flowing to investor class would permit them to support newer, more promising, investments.
Corporatist supremacy oppresses the investor class. This tax change would mean less dividends paid because it would be an even greater tax advantage to boost corporate share prices instead of ever paying back investors
That is a good idea. Probably too nuanced for a main stream campaign but something a senate committee could at least work on. The incentives to form monopolies and perform buybacks has really stopped a lot of progress and entrenched the wealth inequality. CEO’s paid in stock options to avoid taxes, there’s a lot of ways you can hammer the money out without Main Street noticing.
They might have been able to do it but Noem blew it all on personal advertising.
She spent $200 Million I think, so only 0.1% of the amount of hand outs but ya… that’s the point, 200M here 20B there 200B over there, 4T over 10 years, every fucking day they are making entire banks worth of money disappear.
The plan pushed by Cruz and Scott has been sought by conservatives for many years. Under current law, an investor who bought $100 worth of stock in 1990 and sold it today for $300 would currently owe capital gains taxes on the full $200 in profit. But the $100 investment in 1990 would be worth roughly $230 in today’s dollars after accounting for inflation. Under the Cruz-Scott proposal, the investor would only owe taxes on that $70, rather than the full $200. That is why the proposal is known as “indexing capital gains for inflation.”
Ah, so the ultra-wealthy who have been holding during the longest bull market in history can get a massive discount for dumping on us peons?
Yes, and remember only about 40% of the country had stocks, and most of them are in the hands of 10%. So grandma might get a lil tax break and bezos gets a big one.
They are kind of stuck in a paradox though because they are causing so much fucking inflation that the stock market is really the only place to keep money. Idk where they’re going to stick cash from selling stocks. Could be a market crash on the horizon a planned one.
I really don’t think these guys want off the inflated asset train so I’m kinda more suspicious on this particular handout
Legislated bag holding for all your retirement needs
Ancient Rome before the fall of the Republic is eerily similar. Only difference is, we don’t have Caesar and Pompey. We instead have a chuckle Fuck who rapes children and is the single dumbest person alive.
We do love recreating classic movies
What does congress even do anymore?
Collect free health care and a big paycheck that most Americans will never see. Sometimes they deregulate companies and invest in there stocks creating massive wealth. They manufacture consent for war, eat hot chip and lie basically
The most interesting part of this is the timing. 11 months since the trump admin did the largest pump and dump in human history during the great tariff terror of 2025. I was there watching markets drop 5-7% a day for a week. I was there when my accounts got major margin calls at the low. I was there when trump tweeted on truth social and the markets rose 20% in one day and almost 100% over the next 6 months.
So I know a $200 Billion capital gains tax relief package when I see it! More tax cuts for the rich. Congress has no hopes of passing it so they are hoping the president can wave his magic wand and cough up $200B
It wasn’t enough that they stole all your money and manipulated markets, they need a tax break on all the money they stole!
200 billion is peanuts to the tens of trillions the neoliberal-conservative cancer has been stealing from the working class for the last 50 years. They won’t stop until they rule all life on Earth, or kill all life on Earth.
Late stage capitalism is fascism, and the fact that Luigi was an anomaly — even after our governments and intelligence agencies are proven to be run by criminally corrupt pedophiles — proves how mentally ill our entire civilization truly is. We are little more than talking apes, and we prove it every single day.
But 200 billion is a lot of money for a single handout aimed at .01% of the population 😅
I think they’re probably going to throw us in the wood chipper soon
URL
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archiveiya74codqgiixo33q62qlrqtkgmcitqx5u2oeqnmn5bpcbiyd[.]onion
The operator of the archive service you’re using has edited archived content and used its CAPTCHA page to DDoS a blog.
God forbid men do anything
What?
God forbid men do anything
Got it, thanks.
Also important to note that the operator of that site has been editing archived pages, so who the fuck knows if anything still matches the original.
But yes, the malicious hijacking of people’s browser to launch a DDoS attack is worse.
Sorry! Happy to correct. Can someone lend me a clean url?
I think we maybe need to force these idiots watch School House Rock again.
Maybe their voters, too.
RIGHT! I forgot about that. We learned this shit when we were toddlers. 😭 this is preschool level political science they are failing. Clearly a sign of dementia.
