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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Cruz files bill...

Cruz files bill...

Scheduled Pinned Locked Moved General Discussion
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  • X Offline
    X Offline
    xenon
    wrote on last edited by
    #17

    Wasn't the republican's thing supposed to be getting the tax code to fit on a post card?

    D and R policy is becoming indistinguishable. All about which vibes you like.

    1 Reply Last reply
    • MikM Mik

      All these considerations can be addressed in any legislation. The details are beside the point, which is that buying votes with taxpayer money is becoming the norm. Very bad.

      Doctor PhibesD Offline
      Doctor PhibesD Offline
      Doctor Phibes
      wrote on last edited by
      #18

      @Mik said in Cruz files bill...:

      The details are beside the point, which is that buying votes with taxpayer money is becoming the norm.

      Historically, they have pandered more to campaign donors. Now they've broadened this to include normal people. Where will it end?

      I was only joking

      MikM 1 Reply Last reply
      • LuFins DadL LuFins Dad

        Want to buy some votes? Stop taxing Social Security…

        MikM Offline
        MikM Offline
        Mik
        wrote on last edited by
        #19

        @LuFins-Dad said in Cruz files bill...:

        Want to buy some votes? Stop taxing Social Security…

        I could get behind that.

        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

        Doctor PhibesD 1 Reply Last reply
        • MikM Mik

          @LuFins-Dad said in Cruz files bill...:

          Want to buy some votes? Stop taxing Social Security…

          I could get behind that.

          Doctor PhibesD Offline
          Doctor PhibesD Offline
          Doctor Phibes
          wrote on last edited by
          #20

          @Mik said in Cruz files bill...:

          @LuFins-Dad said in Cruz files bill...:

          Want to buy some votes? Stop taxing Social Security…

          I could get behind that.

          Don't tell me, Mexico will pay.

          I was only joking

          1 Reply Last reply
          • JollyJ Offline
            JollyJ Offline
            Jolly
            wrote on last edited by
            #21

            Y'all realize we're mostly talking about people who pay little tax?

            And the silliness about corporate bonuses being labeled as tips is SAF.

            “Cry havoc and let slip the DOGE of war!”

            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

            LuFins DadL Doctor PhibesD 2 Replies Last reply
            • JollyJ Jolly

              Y'all realize we're mostly talking about people who pay little tax?

              And the silliness about corporate bonuses being labeled as tips is SAF.

              LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #22

              @Jolly said in Cruz files bill...:

              Y'all realize we're mostly talking about people who pay little tax?

              And the silliness about corporate bonuses being labeled as tips is SAF.

              Yeah, these type of things never create loopholes that get abused!

              The Brad

              1 Reply Last reply
              • Doctor PhibesD Doctor Phibes

                @Mik said in Cruz files bill...:

                The details are beside the point, which is that buying votes with taxpayer money is becoming the norm.

                Historically, they have pandered more to campaign donors. Now they've broadened this to include normal people. Where will it end?

                MikM Offline
                MikM Offline
                Mik
                wrote on last edited by
                #23

                @Doctor-Phibes said in Cruz files bill...:

                @Mik said in Cruz files bill...:

                The details are beside the point, which is that buying votes with taxpayer money is becoming the norm.

                Historically, they have pandered more to campaign donors. Now they've broadened this to include normal people. Where will it end?

                It won't as long as it's successful. It's very smart on his part. Now if he'd go for the no taxing Social Security regardless. Our RMD means 85% of our SS will be taxable. Tax on our taxes.

                “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                1 Reply Last reply
                • JollyJ Jolly

                  Y'all realize we're mostly talking about people who pay little tax?

                  And the silliness about corporate bonuses being labeled as tips is SAF.

                  Doctor PhibesD Offline
                  Doctor PhibesD Offline
                  Doctor Phibes
                  wrote on last edited by
                  #24

                  @Jolly said in Cruz files bill...:

                  Y'all realize we're mostly talking about people who pay little tax?

                  So, it's a meaningless policy?

                  And the silliness about corporate bonuses being labeled as tips is SAF.

                  I didn't say it was a tip, I said I got it for doing a good job, which is why Ted said he didn't want it taxed.

                  Of course, the only tip Ted Cruz has ever had was a funny orange colour.

                  I was only joking

                  1 Reply Last reply
                  • JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #25

                    Not completely meaningless. I admire people who work, sometimes for little money.

                    Every little bit extra take-home helps...

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    AxtremusA 1 Reply Last reply
                    • JollyJ Jolly

                      Not completely meaningless. I admire people who work, sometimes for little money.

                      Every little bit extra take-home helps...

                      AxtremusA Offline
                      AxtremusA Offline
                      Axtremus
                      wrote on last edited by
                      #26

                      @Jolly said in Cruz files bill...:

                      Not completely meaningless. I admire people who work, sometimes for little money.

                      Every little bit extra take-home helps...

                      Say, you're the same guy who also wants every one who makes money from work, not matter how little, to pay "income tax" (as opposed to paying only payroll taxes), right?

                      1 Reply Last reply
                      • JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #27

                        Yep.

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                        AxtremusA 1 Reply Last reply
                        • JollyJ Jolly

                          Yep.

                          AxtremusA Offline
                          AxtremusA Offline
                          Axtremus
                          wrote on last edited by
                          #28

                          @Jolly said in Cruz files bill...:

                          Yep.

                          Didn’t think “every little bit helps” back then, did you?

                          1 Reply Last reply
                          • AxtremusA Offline
                            AxtremusA Offline
                            Axtremus
                            wrote on last edited by Axtremus
                            #29

                            Also, h/t @wtg :

                            Illinois politicians are rejoicing.

                            ‘The Supreme Court on Wednesday ruled that a federal anti-bribery law does not make it a crime for state and local officials to accept a gratuity for acts that they have already taken. Writing for a six-justice majority, Justice Brett Kavanaugh explained that state and local governments already regulate gifts to officials, and so the federal law “does not supplement those state and local rules by subjecting 19 million state and local officials to up to 10 years in federal prison for accepting even commonplace gratuities.” ‘

                            https://www.scotusblog.com/2024/06/supreme-court-limits-scope-of-anti-bribery-law/

                            “Gratuities” is just another word for “tips” … no tax for “gratuities” for politicians too, right? 😉

                            1 Reply Last reply
                            • MikM Offline
                              MikM Offline
                              Mik
                              wrote on last edited by
                              #30

                              I’d have to get some data on how much it costs us to collect this purported cornucopia of public funding.

                              “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                              1 Reply Last reply
                              • Doctor PhibesD Offline
                                Doctor PhibesD Offline
                                Doctor Phibes
                                wrote on last edited by Doctor Phibes
                                #31

                                Let's be honest here for a moment, if Biden had proposed it, all the people who think it's a terrible idea would support it, and all the people who think it's a stroke of genius would be condemning it as pandering.

                                I was only joking

                                HoraceH 89th8 2 Replies Last reply
                                • JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #32

                                  Somewhat true, but The Resident has a long history of buying votes.

                                  “Cry havoc and let slip the DOGE of war!”

                                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                  1 Reply Last reply
                                  • Doctor PhibesD Doctor Phibes

                                    Let's be honest here for a moment, if Biden had proposed it, all the people who think it's a terrible idea would support it, and all the people who think it's a stroke of genius would be condemning it as pandering.

                                    HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote on last edited by
                                    #33

                                    @Doctor-Phibes said in Cruz files bill...:

                                    Let's be honest here for a moment, if Biden had proposed it, all the people who think it's a terrible idea would support it, and all the people who think it's a stroke of genius would be condemning it as pandering.

                                    Tax cuts are in line with your typical conservative platform. I'm fairly confident my "I can't get too worked up over this" point would have stood either way.

                                    "Buying votes" is a very nebulous concept. Any tax cut can easily be categorized as such, for those motivated to do so for rhetorical purposes. Even as tax cuts might be economically advantageous for society overall.

                                    Education is extremely important.

                                    1 Reply Last reply
                                    • Doctor PhibesD Doctor Phibes

                                      Let's be honest here for a moment, if Biden had proposed it, all the people who think it's a terrible idea would support it, and all the people who think it's a stroke of genius would be condemning it as pandering.

                                      89th8 Offline
                                      89th8 Offline
                                      89th
                                      wrote on last edited by
                                      #34

                                      @Doctor-Phibes said in Cruz files bill...:

                                      Let's be honest here for a moment

                                      If we are being honest, even if this passes... I bet a substantial portion of cash tips a person receives is never mentioned on their tax return. Further, for many tip-based jobs, the person is likely in one of the lowest tax brackets already.

                                      1 Reply Last reply
                                      • MikM Offline
                                        MikM Offline
                                        Mik
                                        wrote on last edited by
                                        #35

                                        It still makes some sense. The requirements for tip employees - like that they keep a daily log of tips received from customers or other employees. If they don't the government may just assess them for a percentage of sales. It's pretty ridiculous if you read it.

                                        https://www.irs.gov/pub/irs-pdf/p3148.pdf

                                        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                        JollyJ 1 Reply Last reply
                                        • MikM Mik

                                          It still makes some sense. The requirements for tip employees - like that they keep a daily log of tips received from customers or other employees. If they don't the government may just assess them for a percentage of sales. It's pretty ridiculous if you read it.

                                          https://www.irs.gov/pub/irs-pdf/p3148.pdf

                                          JollyJ Offline
                                          JollyJ Offline
                                          Jolly
                                          wrote on last edited by
                                          #36

                                          @Mik said in Cruz files bill...:

                                          It still makes some sense. The requirements for tip employees - like that they keep a daily log of tips received from customers or other employees. If they don't the government may just assess them for a percentage of sales. It's pretty ridiculous if you read it.

                                          https://www.irs.gov/pub/irs-pdf/p3148.pdf

                                          Which is why many only report the tips that have some type of audit trail. Cash in hand disappears in the pocket.

                                          “Cry havoc and let slip the DOGE of war!”

                                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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