Graph title: Trump proposals cut taxes for the richest 5 percent, raise taxes for other groups. Average tax change by income group in 2026. Poorest 20% (up to $28,000): $790 tax increase. Second 20% ($28,600 to $55,100): $1,430 tax increase. Middle 20% ($55,100 to $94,100): $1,530 tax increase. Fourth 20% ($94,100 to $157,500): $1,790 tax increase. Next 15% ($157,500 to $360,000): $610 tax increase. Next 4% ($360,000 to $914,900): $7,160 tax cut. Richest 1% ($914,900 and above): $36,320 tax cut. Source: Institute on Taxation and Economic Policy, October 2024.
It's funny how Trump never talks about how all of his policies combined will make the rich even richer while raising costs for everyone else.
19.03.2025 23:00 β π 158 π 49 π¬ 5 π 3
RED ALERT! WE NEED TO BLOCK VOUGHT! the man who wrote project 2025 is up for head of OMB - would put him at the helm of all budget decisions. Have tried to call capitol switchboard and to directly call NC Senators Budd and Tillis at DC offices. βCall failedβ. Wtf
Anyone else experiencing this?
05.02.2025 21:26 β π 0 π 0 π¬ 0 π 0
Nearly half of Americans say theyβre living paycheck to paycheck.
You are so much closer to needing the programs Trump wants to cut (aid for food, housing, healthcare, disaster relief) than you are to being one of the billionaires and CEOs heβs giving tax breaks to.
29.01.2025 01:00 β π 227 π 56 π¬ 2 π 1
Can folks comment who they are following right now for clear, cogent information on whatβs unfolding? I want to be informed and not in a constant state of freeze/overwhelm. I also donβt want social media hot takes. I am titrating my exposure - when I do access news and information, it needs to hit.
28.01.2025 19:10 β π 1 π 0 π¬ 4 π 0