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How Trump or Harris tax plans might change your income (slrpnk.net)

submitted 3 weeks ago by ByteOnBikes@slrpnk.net to c/usa@midwest.social

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Source https://www.barrons.com/articles/trump-harris-tax-rates-plans-cuts-income-e8db90ee

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[–] carpelbridgesyndrome@sh.itjust.works 67 points 3 weeks ago (1 children)

Now factor in the impact of tariff driven inflation on the poor and see if Trump's top numbers are still positive.

[–] Karjalan@lemmy.world 8 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Classic conservative playbook. Our country gave "everyone a tax break" which equates to $20 a month on average, then added fees to prescriptions, massively defunded public services and has generally made the economy worse, and thus everything cost more...

Somehow they're still popular. That's how powerful the story of "Conservative good for economy" is. Even even they're actively fucking it up, people still want to vote for them because "they are good for the economy"

[–] resin85@lemmy.ca 1 points 3 weeks ago

As long as I can remember, Republicans would inevitably crash the economy, Democrats would set it back on a good course (which of course takes a while), and the Republicans would go and crash it again. They got pretty good at timing the crash so it was right as they were leaving power.

https://www.nytimes.com/2021/02/02/opinion/sunday/democrats-economy.html#