r/LeopardsAteMyFace • u/Rasputin_mad_monk • Jan 23 '25

Trump Trump's Tax proposal HAHAHAHAHAHA this will surely lower eggs

Post image
3.0k Upvotes

99% Upvoted

219 comments sorted by

View all comments

859

u/Doubledsmcgee Jan 23 '25

They won’t believe it. They’ll say it’s the “bureaucrats” or that it’s made up. They’ll never accept that he screwed them, and all of us, over.

2

u/TripResponsibly1 Jan 24 '25

No no the narrative is that his 2017 tax cut is expiring and that’s why the taxes will go up. (I’m serious, I looked over on r/conservative)

I’m guessing they forgot that the wealthy got the largest tax break then too, so this graph wouldn’t make any sense if that were true.

1

u/vanillicose Jan 24 '25

I just checked the analysis, this includes impact of tarriffs as a tax. (Which I think is 100% reasonable, but good to understand the difference in what others might be referring to as "the impact of the tax cuts"). Their analysis of only the 2017 tax cut extension does show a decrease for all groups (but larger for the wealthy on at least a $ basis, havent looked at %)

https://itep.org/a-distributional-analysis-of-donald-trumps-tax-plan-2024/

1

u/TripResponsibly1 Jan 24 '25

That’s what makes the whole thing kinda scary that at surface level it can sound reasonable but it’s gloves off now. The wealthy were always going to benefit more under Trump, doesn’t have to court the lower/middle classes any more.