• partial_accumen@lemmy.world
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    1 day ago

    The House Republicans’ budget plan would give major tax cuts to high-income, wealthy households. Extending the expiring individual income and estate tax provisions for households with incomes in the top 5 percent of the income distribution (households with incomes over $321,000) costs around $1.8 trillion through 2034, accounting for 49 percent of the total $3.6 trillion cost of extension through 2034. That $1.8 trillion for wealthy and high-income households is close to the amount of the spending cuts House Republicans have outlined — including at least $880 billion primarily from Medicaid, $230 billion primarily from SNAP benefits, and $330 billion primarily from making student loans more expensive. Of the tax cuts for wealthy households, nearly $200 billion is for an estate tax giveaway that showers some $6 million per estate on the 1 in 1,000 wealthiest estates. In contrast, the average SNAP benefit is $6.20 per person per day, which helps struggling families put food on the table.

    Reverse Robin Hood. Stealing from the millions of poor to give to the few rich. Sickening.

    • gibmiser@lemmy.world
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      1 day ago

      It doesn’t matter how much you tell republicans this shit. I don’t get it. I tell my republican friends I tell my wife I can show it to them And they will still just act like it’s nothing like i’m just Complaining…

  • DarkFuture@lemmy.world
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    24 hours ago

    Republicans are your enemies unless you’re filthy rich.

    They are actively degrading your quality of life and the quality of life of everyone you love.

    • dan1101@lemm.ee
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      21 hours ago

      They are also your enemies if you have any decency or empathy. I used to be conservative but they are just such ignorant selfish assholes.

    • JaggedRobotPubes@lemmy.world
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      14 hours ago

      They’re your enemy if you’re filthy rich, too. Billionaires don’t win by making their neighbors want them dead, because they stole all their money only to promptly not spend any of it because they have no use for it.

      No giving nazis credit unless they earn it.

  • frazw@lemmy.world
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    1 day ago

    On the plus side, if there is one, after this, they will never be able to say tax cuts for the rich benefit everyone because everyone except the rich is going to suffer massively. Trickle down my ass. The “job creators” now have no excuses to continue laying off staff.

    • ploot@lemmy.blahaj.zoneOP
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      20 hours ago

      Everyone paying the slightest bit of attention has known trickle down economics are a hoax since the 1980s. The problem is that almost half the people in the USA are ignorant supporters of fascism.