But that’s not what the sign on the side of the road says…skeptical.
Annnnnd there it is. I recall saying she’s yet to play the Tax Card, another over-reaching promise a lot of politicians make but we’ve yet to see happen.
Come on Harris…
This isn’t Harris “play[ing] the tax card”, the article isn’t even referencing anything her campaign said.
FTA:
The new analysis from the Institute on Taxation and Economic Policy (ITEP) follows its in-depth examination of Trump’s tax proposals, which the group found would cut taxes for the richest 5% of Americans and raise them for everyone else.
And directly from ITEP’s “Mission & History” page:
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Source: https://itep.org/about/
Based on the “equitable and sustainable” piece, ITEP probably slants left, sure, but I’d say that’s far more owing to conservative tax policy having no basis in being equitable or sustainable for the past four decades at least.
That all being said there’s literally no reason to make this a dig at Harris, because, you know, the article isn’t referencing anything she or her campaign has publicly said…
Woah now, it’s SO much easier to make a dig at anything when you refuse to challenge your own, and your friend/family’s, personal views.
“On tax policy, Harris carries forward much of President Biden’s FY 2025 budget, including higher taxes aimed at businesses and high earners”
I don’t understand people who make the claim that “uh, they didn’t directly say or plan it” when that line I just picked from the article, implies that it is a plan of theirs.
I don’t care what you or anyone has to say. You either make the plan happen or shut the hell up and stop promising things you can’t deliver on.
Cool. Except the thing is I never said this wasn’t Harris’ plan. I said that the article is about an independent review of her plan, and therefore she’s not “play[ing] the tax card”. I would agree she’s “play[ing] the tax card” if she was making a big deal of this all of a sudden out of nowhere, but that’s not happening here.
Oh fuck off, go vote for a nazi why don’t you
You know, it’s people like you, that I secretly do wish that Trump would win. Just so I could imagine the horrors you’d have to endure for another 4 years with that guy. That’s the kind of pleasure I’d get.
You politically and emotionally charged morons offer nothing but shitty responses like that. And you wonder why nobody wants to go out and vote. You wonder why nobody wants to lift a finger, but go about their lives wishing that everything wasn’t political. It’s because of radicalizing pieces of shit, like you.
I’m allowed to critique who I’m voting for. You can go fuck yourself dry but I’m still going to be hoping Trump wins, just because of your shithead response. I want you to suffer under his presidency once more since you didn’t learn the first four years we had him. Dumbass.
“B-b-but I’m gonna leave if he wins again!” Yeah yeah, so did you and some other thousands of people that said that shit before. No, what you’re going to do is sit right there in your little fucking chair and do nothing. You’re going to do nothing, endure his presidency and fucking love every minute of it.
What a snowflake lol
“I’m going to vote for Trump because someone on the internet was unkind to me”
Why is it always the Trumpists who pull that pathetic victim card, pretending they were nervously holding back their vote until some internet meanie liberal pushed them over the edge and forced them into voting for Trump out of spite?
I’ll come back at you with a picture of my voter’s ballot so you can feel like a fucking retard. Just you wait. Then we’ll see who’s the radicalizing snowflake in the end. You little bitch.
Repeated civility issues, plus an ableist slur in a single thread. Temp banned, 3 days.
You know, it’s people like you, that I secretly do wish that Trump would win.
That’s all it took? Folks like that dude who, what, called you out on jumping the gun before getting the facts? Where’s your conviction and integrity?
Yeah, you’re allowed to critique who you’re voting for and people can critique you for sloppy rebuttals.
You are such a pitiful victim, grow the fuck up
There’s a lot deleted here so I may have missed it but I’m just curious, what would you prefer her to say? Like you are totally right that politicians famously make promises they don’t keep but would you prefer her to just say nothing? Or to say the opposite? The other guy has a plan that will increase taxes/costs on everyone but the top 5%. Is that better? Should he also not say anything?
It’s hard to tax income if there’s no reported income
I just get loans on untaxed offshore collateral and write it off as a business expense like everyone else, don’t you?
Unrealized gains tax. Lets fucking go.
Rewrite the laws that if it’s collateral, it’s realized.
Then everyone taking out a home equity loan suddenly has to pay the taxes as if they sold their house.
Ok so make it that equity in a primary residence is exempt.
Tax the loans based on collateral as income and you don’t even need to figure out the value of the collateral.
Here we go; this guy gets it.
“Hey, I’m in the bottom 99%, I like this promise”
You know who else is in the bottom 99%, you’re fucking landlord. if you pay 1% less tax you can buy a whole bag of doritos if they pay 1% less tax they can buy your Mum’s house.
Government only needs to pay lawyers to go after what the 1% already owe and it would be more than any increase would provide.
You’re being a bit obtuse and misleading here, clearly you didn’t read the article.
For starters… its not an income level agnostic tax decrease. Its not a flat tax.
Its graduated. Progressive. And it decreases taxes for all but the wealthiest, whose taxes increase.
The group estimated that under Harris’ proposals, the poorest 20% of Americans would see an average tax cut of $1,130 in 2026 while the richest 1% would see an average increase of $121,460.
Sad as it is, our political system offers a binary choice.
Would you perhaps prefer the alternative?
That comparison graph needs to be should to all of those swing state voters. It makes it so obvious the poor right are voting against their interests.
I think you accidentally a word or two there, but yes, I can only hope they have a plan for a week of nonstop adds with basically the second graph, and a concise explanation that these are nonpartisan, independent estimates/assessments.
Trump = Your taxes go up, unless you are Elon Musk. (Happy Elon Jumping Pic, followed by crying laid off Tesla worker lady)
Kamala = Your taxes go down, unless you are Elon Musk. (Sad, Crying Elon Pic, followed by one of his Starships fucking exploding, as all his sycophants cheer)
Granted, the MAGA cultists are quite adept at being impervious to basic facts… who knows if anything would actually work on them.
It needs to be simplified. You’d be rather shocked at how many people can’t read the vast majority of standard graphs.
Fuck, you’re right.
I consistently forget that the average American has a 6th grade reading comprehension level.
Is that the difference per bracket, or the net difference per income level? Because I think it’s the latter but I’m not sure
The images I used are, I think, shitty thumbnail versions of whats actually on the article as I only have a shit tier 4g phone.
If you go to the article’s page itself, you can make out the bracket definitions better.
That being said: (Threw this all in a spoiler so as to not further wall of text this thread)
These x axis are grouped into income tax brackets.
The US Federal income tax has long been broken up into a sort of stair step, series of brackets.
Declare x amount of yearly income, you fall into bracket 1, earn more next year? y amount of income? You may move up to bracket 2.
The brackets precise income level boundaries of the brackets, are updated each year based off of I think CPI (inflation) according to a known and established law and formulation.
This graph indicates the change in the amount of taxes you pay in percentage terms of your precise income.
I’ll attempt to explain in detail.
The way to read this… say you’re at the very first income bracket, 0 to $28k ish, and that for the sake of example, you make exactly 28k a year.
Right now, you pay… whatever % and amount of taxes as is currently the norm.
Under Kamala’s plan, you’ll pay 7% of your 28k, or $1960 less in taxes than in the current schema.
Under Trump’s plan, you’ll pay 4.9% of your 28k, or $1120 more in taxes.
If we go to the other side of the graph… lets say your income is exactly $1 million bucks.
Kamala plan: You pay $41k more in taxes.
Trump plan: You pay $14k less in taxes.
But then what will trickle down???
The data is in. Trickle down doesn’t work.
(I was being facetious)
Nothing trickles down, we have seen that for decades.
(I was being facetious)
Unfortunately, the urine based system where richer people pee wealth on less rich people who then pee on poorer people and so on isn’t sound economic theory. Call me surprised, and soaked in freedom pee.
I’m kinda thinking we maybe try trickle-up for a few years.
We are the workers and the consumers. We are the ones who trickle down.
I am the one who trickles.
We already have that. It’s called political donations.
Well hell, sign me up!
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But one day I might be in the 1%! And when I am, I’ll show people like ME a thing or two.
Problem is a solid 30% of those that vote see themselves potentially attaining that 99%, as baffling as that is.
Strangely enough, most people will be in the top 5% at some point in their life. But just for a year, when they sell their house. So you’re getting fucked 75 years of your life for maybe 1 year of benefit?
More like you busted your ass for 75 years then got fucked when you had to sell your house.
You mean 1%?
I do, yikes, thank you
Poor people: “Unacceptable!”