From: Governor Swill <governor.swill@gmail.com>
Newsgroups: can.politics,alt.politics.trump,alt.fan.rush-limbaugh
Subject: Re: "Bat poop crazy"
Organization: Easynews - www.easynews.com
Date: Wed, 30 Jul 2025 05:59:59 -0400
On Tue, 29 Jul 2025 21:18:58 -0000 (UTC), pothead wrote:
>I wouldn't consider no taxes on tips, overtime and additional bonus added
>for seniors on SS increased SALT deduction. something the rich are interested in.
Most tips aren't declared anyway and so aren't taxed. The change
mostly means that employers now have to pay both sides of FICA which
will increase their labor cost.
If overtime is not taxed weekly, smaller refunds will result each
spring.
The middle class may get some benefit from a higher SALT deduction.
The rich may not care about any of this because it won't drive up
their tax bills. What it will do is drive the deficit.
Trump's tariffs will mitigate some of that deficit but the resultant
inflation will eat up the middle and working classes.
--
Superman is an illegal immigrant!
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