It would be the largest peacetime tax increase in history and the third largest overall tax increase behind only the 1941 and 1942 revenue acts to fund WWII
Hmm… why would Trump need enough money to fund a war?
There is a war … a war against the middle class and poor.
The war started a long time ago, they just never bothered to let the middle class and poor know about it.
they just called it “the war on drugs”
And terror
Oh please…
…you forgot race, orientation, gender and religion.
Those items don’t fit on a tax form. C’mon! Think like a Republican! Poor = minorities. Poor whites? Who cares? They’ll cheer you on and blame a Democrat.
There is a war … a war against the middle class and poor.
I would like to remind everyone that instead of fighting this class war forever, there is a way for us to figuratively capture Berlin and win the war outright. The way to win the war is to raise the top tax rates on billionaires to either the 91% rate from the 1950s or at least the 70% rate from the 1970s. If the billionaires know that no matter what they do they are always going to have a high tax rate, they aren’t going to bother fucking us over on all the class war shit anymore. For one thing they won’t have the money to waste on bribing congressmen and right wing Stink Tanks and super pacs and buying up news media.
It’s going to go straight to his and Elon’s pocket.
Bet you can’t guess who this tax increase will hurt most. Hint: It won’t be the rich.
I no longer take anything from this orange beanbag seriously any more.
I don’t listen to his dumb announcements … I wait to see what will actually happen as it’s being reported by reputable news sources.
I don’t listen to his dumb announcements … I wait to see what will actually happen as it’s being reported by reputable news sources.
This. Whenever Traitorapist Trump is on TV I turn it off before he gets a full sentence out. Whatever lie Trump tells about any specific thing is totally unimportant. Tomorrow Trump will likely forget whatever lie he told today and tell a new completely contradictory lie after spending all day thinking up the new lie. He can keep that up for days telling a different contradictory lie every day. I will let reputable media tell us what he does but it totally unimportant what he says.
Trump lies practically every word that comes out of his mouth. -Ted Cruz
This is FAKE NEWS because Republicans told me they would LOWER my TAXES and they would NEVER LIE!
-Republicans who Do Their Own Research!
I’m curious do many people in the US know about the Smoot–Hawley Tariff Act? I only learnt about it yesterday from the BBC. I found it really interesting to read about it as it seemed to be exactly the same process that we’re going through now.
I was taught about it in high school history 15 years ago in a deep red state. I had to Google it to remember any details about it though. It was definitely taught as a complete failure that made the Great Depression worse and started a trade war.
Most Americans would act like those kids in Ben Stein’s classroom from Ferris Bueler’s Day Off if you tried to discuss the Smoot-Hawley tariffs with them.
LOL, already have the gif.
GenX sleeping on Smoot-Hawley.
FFS, I barely remember 1988, but I got the distinct impression that tariffs bad. Some didn’t get the memo.
It is covered in history, and so I remember it. However that was a few decades ago and so I’d have to look up details to talk about it again. I did well in history, I expect everyone else remembers less than me. (except for those who for some reason it is relevant for their daily life, or those who for whatever reason have looked it up)
Probably the most effective way to protest everything this fuck face fascist is doing would be to just stop paying federal taxes. They don’t pay their taxes, why should we?
A good number of jobs automatically deduct taxes from your paycheck, which makes this difficult.
Also, I don’t think HR/Payroll would easily agree to any requests by personnel to stop the deductions. They will ask questions.
They definitely are controlled by the employee. You tell your employer your number of dependants, and that adjusts how much is taken out.
FYI as someone who has filled out that form many times as “exempt” I can say no one has ever asked any questions about it. If they did, I’d probably tell them it’s none of their business- I’m the one committing the crime if what I’m signing isn’t true, and at no point in submitting it are you asked to prove youre exempt (until you file your 1040 the next year, if you file one)
But it’s also pretty hard to argue later you must have just “done the math wrong” ’cause there’s a whole separate section for declaring youre exempt.
They also still take out social security and medicare.
I’m not in the US but I thought about that once, I would be better off not paying taxes on my paycheque, putting what I’m supposed to owe in a savings account and keeping the interest when paying all my taxes at once…
Fun fact. If you are self employed, you are expected to predict your annual tax and pay it quarterly. Get it wrong, and you pay penalties.
Same in Canada if you’ve got too much capital gains one year, you’re asked to pay in advance the following year but it’s not an obligation.
Then you would owe the IRS interest on the money in the form of a special penalty surcharge on your taxes owed.
Because it’s cheaper for them to endlessly obstruct the IRS with legal fights than it is for them to pay taxes, meaning they’re rich enough to never go to prison. Us plebes though would burn through whatever cash we have and end up in prison on day 2.
How do you propose to not pay taxes? Most people don’t get a choice - their boss takes the money and gives it to the IRS. You can maybe get a little less than correct withheld and thus owe a couple thousand, but the IRS would catch on to that quickly and send you to prison.
They might or might not pay taxes, but they either way they are paying their legally required taxes. If they are paying less taxes than you think they should - that is politically debated.
File a new W4 with HR requesting no federal income tax is withheld.
they will ask questions if you try and when you cannot answer them ‘correctly’ refuse it.
Chill. It’s a hypothetical that will never actually happen. But if everyone stopped paying taxes, they couldn’t throw everyone in prison.
deleted by creator
