"A tax raise on those making 250k a year"

[FUCK THE POLICE]

Question. If you're making exactly 250k a year, and the government raises taxes on income above 250k a year from 35% to 39%, what will your tax rate be after the raise? About 24% is you're single, 22% if you're married:

Or exactly it is now.

It's actually only when you're making multi-millions of dollars a year that your tax rate gets close to the actual marginal rate. Our tax system taxes the income levels themselves, it doesn't just suddenly pop you into paying the full tax rate immediately on you're entire income. This is just one of many things conservatives are incapable of understanding, and that's why they're conservatives.

 

[Cancel 2018. 3]

the conservatives were not smart on this....wasn't the bill to allow the tax cuts to expire only on those who make over a million dollars a year?

 

[Bonestorm]

At this point, the Democrats should just let the tax cuts expire. It's basic negotiating strategy that you have to be willing to walk and at this point it's clear that the the Republicans don't think that the Democrats are willing to walk.

 

[FUCK THE POLICE]

Why can't the Democrats just reconciliation this through the senate?

They're going to have reconciliation any bill through anyway. No bill that either extends all tax cuts or only extends those on the middle class is going to pass by 60 votes in either this senate or the next one.

 

[Bonestorm]

Why can't the Democrats just reconciliation this through the senate?

They're going to have reconciliation any bill through anyway. No bill that either extends all tax cuts or only extends those on the middle class is going to pass by 60 votes in either this senate or the next one.

I really don't know. My guess is that they waited way too long and at this point they'd have to craft a bill and ram it through the House and the Senate in a very brief window. Not sure if it can be done now.

 

[FUCK THE POLICE]

Anyone else notice that I seem to be leaving out random words lately? It will a completely logical sentence, just without some random word that's necessary to tie it all together.

^ Cleverly, I on purpose left out "be" in that last sentence.