Republicans, can you please explain to me how a bill cutting taxes for the rich and increasing taxes for the poor is going to help matters?

@Reason10 It won't if they are in need and aren't trying to scam the system. Read the bill, or have someone explain it to you.

@Midlifemale Tell us you haven't read the big ugly bill without telling us.

@BrandNewMan My post is about the change in household income which results from this legislation. Why look only at personal taxes if this presents only a partial picture?

@MrSmooTh Most countries levy tariffs, including the USA pre-Trump. This thread is about Trump's contradictory use of tariffs as a diplomatic tool while asserting that the revenue can be used as a substitute for income taxes.

@MrSmooTh You don't have the facts on your side, so you toss insults instead, SAD!!

Most nations have one or two domestic industries that they protect with tariffs, but the overall average rate is low. Prior to tRump's trade war, the average US tariff rate on imports from the EU was 1.47 percent, while on EU imports from the US it was 1.35 percent. Thus the US imposed negligibly higher tariffs: 0.12%.

You may have been fed a few cherry-picked examples, but the overall rates between the US and EU were very very low, and there was NOTHING to retaliate for. Now that tRump has started a trade war, the EU has reason to retaliate. You, dude, are the one who doesn't understand how tariffs work.

https://www.bruegel.org/analysis/economic-impact-trumps-tariffs-europe-initial-assessment

@Tastyfrzz touting the ccn talking points again

@Midlifemale Not really. It means it's a terrible bill.

@NerdyPotato
I don't think he does care to.

@jeancolby I am .. 46 consecutive years of earning a paycheck, coming up on 38 since college.

@jeancolby yeah...some kind of government check...wellfare...food stamps..medicaid .... any handout you can lie about..and all approved by Joe Biden...and Im sure most of you are able to work...Trump is watching you

@Midlifemale so the reason that DOGE found so little fraud was not because there was so little, but because they were incompetent? That says a lot about Trump's hiring skills, doesn't it?

@Convivial I never do. I just sit here with my popcorn.

@Convivial what do you expect? It's not a real question.

@nudistsueaz you need to read it because your democratic friends cant read

@MistyCee yes please, because it looks nice on paper but has proven not to work in reality. So anyone still believing in that approach needs an update.

@NerdyPotato You just pretty much nailed it. I'm not great on economics and am not about to go chasing down stats on it, but the idea that all boats rise on a rising tide seems great until you realize boats need maintenance, a crew, and fuel, etc.

@MistyCee Trickle Down is exactly what it sounds like. The Rich Fat Cats eat at a massive table and any crumbs that fall can be enjoyed by the Middle Class. The really interesting thing is the Middle Class pays for all the food.

@BrandNewMan sounds more like you ran out of edge cases

@BrandNewMan MY POINT IS ANYONE CAN COAX AN AI!

And this is the second time you did it!

@BrandNewMan Hospitals

Hospitals are not happy with the health care provisions of the bill, which would reduce the support they receive from states to care for Medicaid enrollees and leave them with more uncompensated care costs for treating uninsured patients.

“The real-life consequences of these nearly $1 trillion in Medicaid cuts – the largest ever proposed by Congress – will result in irreparable harm to our health care system, reducing access to care for all Americans and severely undermining the ability of hospitals and health systems to care for our most vulnerable patients,” said Rick Pollack, CEO of the American Hospital Association.

The association said it is “deeply disappointed” with the bill, even though it contains a $50 billion fund to help rural hospitals contend with the Medicaid cuts, which hospitals say is not nearly enough to make up for the shortfall.

@BrandNewMan A 1% tax on remittances (another less remarked part of the Act) will definitely fall on the poorest.

@NerdyPotato The bill's passage has nothing to do with dems. Claiming that the tax cuts are only for the rich is. They have to know they are lying.

@Strictgram I'm glad to see you people taking credit for it.
https://taxfoundation.org/blog/one-big-beautiful-bill-pros-cons/

@Strictgram that's true, republicans don't dare to tell their constituents what they passed so that's left to dems. And republicans have good reason to hide what it does, because if the people who voted for them find out, they won't be voting for them again.