The Frankish Reich Posted 4 hours ago Posted 4 hours ago (edited) As a guy getting ready to elect when to take social security, imagine my thrill upon learning that Trump promised no tax on social security. I think my benefit even at 62 will be north of $28,000/year. Since I pay about a quarter of that in federal taxes, I'll have an extra $7000/year in mad money! Oh. Wait. Read the fine print. Turns out my wife and I get ... Nothing. Zero. If we impoverished ourselves to get under the income cap, well, we'd get an additional $4,000 standard deduction. Which would save us the princely sum of ... wait for it ... $1000/year. So with an indent and a subparagraph (A), Trump's minions just took away $6,000/year from me. At least I wasn't one of the old suckers who voted for him because he was gonna put extra money in my pocket ... Next up: the bs no taxes on overtime and no taxes on tips, or when "No Taxes" means "Slightly Reduced Taxes for Poorer Filers." Big win! https://www.axios.com/2025/05/12/taxes-tips-big-beautiful-bill Edited 3 hours ago by The Frankish Reich 1
The Frankish Reich Posted 3 hours ago Author Posted 3 hours ago At least those of us living in the low income tax states won't be subsidizing all those tax-and-spend New Yorkers and Californians anymore. Wait, hold my beer:
4th&long Posted 3 hours ago Posted 3 hours ago Anybody who believes anything trump says is an idiot pure and simple. 1
The Frankish Reich Posted 3 hours ago Author Posted 3 hours ago 10 minutes ago, 4th&long said: Anybody who believes anything trump says is an idiot pure and simple. The Republicans in Congress agree. In a stunning development, it appears that the income tax will survive alongside the beautiful tariffs. In related news, there's a "real chance" the Tennessee Titans will win the Super Bowl this season.
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