Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

IbogaProject

(4,692 posts)

1. Heaven forbid they ever expire any wealthy tax cuts

Reply to BumRushDaShow (Original post)

Thu Jun 12, 2025, 02:23 PM

Jun 12

Those cuts on the most wealthy's taxes are permanent only the temporary tax breaks for the working class have these "cliffs". W did this in his tax bills and they did in in 2017 both to game the CBO score. I wish we had ever tried to run against those as this has always been a bread and butter issue and they blame us for "democratic party spending" when it is GOP delayed effect tax time bombs.

Edit history

Please sign in to view edit histories.

Recommendations

3 members have recommended this reply (displayed in chronological order):

dweller LiberalArkie amortus716

13 replies

= new reply since forum marked as read

Highlight:

Republicans lay groundwork for 'total tax cliff' at end of Trump's term [View all] BumRushDaShow Jun 12 OP

Heaven forbid they ever expire any wealthy tax cuts IbogaProject Jun 12 #1

That is the solution. To rollback the Reagan tax cuts back to the 75% or 90% to Make America Great Again LiberalArkie Jun 12 #2

Got my vote! One day we will do it, because THERE IS NO OTHER CHOICE! Grins Jun 12 #13

We should ignore rulings that are not Baitball Blogger Jun 12 #3

including a change in the accounting baseline that will allow trillions of dollars worth of deficit additions coming fro progree Jun 12 #4

Senate Budget Committee Ranking Member Jeff Merkley explains it here BumRushDaShow Jun 12 #5

Thanks much for the explanation. The first paragraph of your link is a greatsummary progree Jun 12 #6

Yeah I remember when Thune first brought it up BumRushDaShow Jun 12 #7

Half of the bill's passthrough deduction alone, worth $200 B in 2022 alone, went to the top 1 percent progree Jun 12 #8

I have another OP about the CBO report that issued today BumRushDaShow Jun 12 #9

Very interesting. Thanks /nt progree Jun 12 #11

"AGI results in more of their Social Security benefits being taxed" BumRushDaShow Jun 12 #10

Aw well. But its nice to know that income taxation of SS benefits goes into the SS system, not the general fund progree Jun 12 #12