Manchin and Schumer announce deal that includes energy, taxes (Byrd, versus, programs)

[bergun]

The bottom line is that with an ever increasing inflation rate, currently 9.1%, and now this slight increase in the taxes on the lower/mid Middle-Class, we got screwed.

The lower/mid Middle-Class will feel this the most since the corporations and the rich can easily absorb the increases without any pain. AND!! Only an idiot thinks that this tax increases on the corporations is their problem… The reality is that every time the government raises taxes on the corporations, the cost is redirected to the consumer. The kicker in this process, is that the corporations, in the end, makes a larger profit with this excuse in the cost increases.

So!! If you’re making $50Ks to $150Ks, your taxes were just raised for 2023. Congratulations!! Since most of America freely voted for this injustice back in November 2020, thinking you were going to get tons of free stuff…. Yeah, you’re getting it, but in the wrong way!!

So, please explain to me how the Republicans are the only ones that raises everybody’s taxes since “I” don’t see it that way??

[Kristinas_Cap]

Originally Posted by Loveshiscountry

Just the democrats and republicans.

i honestly think the best way to save our country is to vote out all incumbents on both sides. no one has the fortitude to do something so bold though

[ottomobeale]

Originally Posted by TheOldPuss

Remind me again, who is the party of big money?

Both of them

The GOP hides it less.

[Riley.]

Originally Posted by Kristinas_Cap

i honestly think the best way to save our country is to vote out all incumbents on both sides. no one has the fortitude to do something so bold though

I wholeheartedly agree with this.

[beach43ofus]

Originally Posted by odinloki1

Both of them.

They both began being the party of big money when Clinton started being Reagan lite with all his “third way” BS.

The beginning of the end was in the early 1930's with The New Deal. You can see it so clearly on this graph:

https://en.wikipedia.org/wiki/Govern...ending_GDP.png

Other defining moments of the 1% takeover were:

-allowing non-property owners to vote

-leaving the Gold standard

-implementation of federal withholding

-payroll taxes (fastest growing federal taxes)

-mutual funds & ETF's (eliminated shareholder participation in exec compensation)

[Jstarling]

Originally Posted by Grlzrl

Yep, Biden lied AGAIN.


Schumer-Manchin deal raises taxes on earners under $400K, study shows

https://nypost.com/2022/07/31/senate...rs-under-400k/

..The Congressional Joint Committee on Taxation found that taxes would jump by $16.7 billion on American taxpayers making less than $200,000 in 2023 and raise another $14.1 billion on taxpayers who make between $200,000 and $500,000...

That joint committee is anything but joint: all Republicans
Not bipartisan

[Jstarling]

Originally Posted by Eyebee Teepee

well, we know they're using this one, as a reconciliation, to extend Obamacare subsidies that were set to/have expired.

The Obamacare subsidies are absolutely essential for the red states.

[workingclasshero]

Originally Posted by Jstarling

That joint committee is anything but joint: all Republicans
Not bipartisan

wow...spin much

all republicans...hmmm not so

or are you saying that:
Mike Thompson Democrat from California is now a republican, because "starling says so"
Richard Neal Democrat from Massachusetts is now a republican, because "starling says so"
Lloyd Doggett Democrat from Texas now a republican, because "starling says so"
Ron Wyden Democrat from Oregon is now a republican, because "starling says so"
Debbie Stabenow Democrat from Michigan is now a republican, because "starling says so"
Maria Cantrell Democrat from Washington state is now a republican, because "starling says so"


hmmm 6 out of the 10 members are democats
https://www.jct.gov/about-us/committee-members/

[saltine]

Originally Posted by Grlzrl

AND it doubles, yes DOUBLES the size of the IRS.

Mums the word on this fact. $Mega Billion$ for the irs. Funny how these salient facts are always hush

[James Bond 007]

I hope Kristen Sinema reads this:

Poll: Americans favor Manchin-Schumer climate deal by wide margins

Amid worsening economic numbers — and President Biden’s lowest approval rating to date — a new Yahoo News/YouGov poll suggests that Democrats’ best chance for a boost before November’s pivotal midterm elections would be to pass the climate change, tax and prescription drug bill that Sen. Joe Manchin of West Virginia, a key Democratic centrist, finally agreed to support last week.

The survey of 1,557 U.S. adults, which was conducted from July 28 to Aug. 1, found that Americans favor — by wide margins — each major component of the sweeping “reconciliation” deal that Democratic Majority Leader Chuck Schumer negotiated with Manchin.