Political Memes and Funny Pictures
Any of You See Media Bias There? 🤔
Do you remember when Trump’s tax cut was passed a few years ago? It expanded the lower tax brackets and dramatically expanded the standard deduction, leading to 90 percent of the country paying the same or less taxes. What was the media reaction? TAX CUTS FOR THE RICH!!!!! Even worse, they managed to convince the majority of the public they didn’t get a tax cut despite the fact they could see their weekly paychecks increasing 🙄. One downside of Trump’s tax plan for rich Democrats in high-tax blue states was the $10,000 cap on the state/property tax deduction. Most people didn’t notice the cap since the overwhelming majority of taxpayers used the new high standard deduction, but millionaires in blue states definitely did, and they’ve screamed like stuck pigs ever since.
Fast forward to today. Biden’s tax plan hits the majority of corporations and small businesses with tax hikes, which only filters down to the average person in higher prices. However, Biden is dramatically raising the deduction for state/property taxes. Since this is an itemized deduction, 90 percent of the country will see little or no benefit. The ones who definitely will though are millionaires and mega property owners in New York, California, and other blue states.
Have you heard one peep about tax cuts for the rich? Count on any final bills to have plenty of tax loopholes for the Democrat billionaire campaign contributors while the middle class gets screwed again. If history is any guide, they will put in tax increases that take effect immediately after a major election and/or put in some provisions that aren’t indexed for inflation, meaning they eventually hit lower income brackets. To the surprise of no one, the media will make sure the public knows as little as possible. And if they start to find out, change the subject — WHITE SUPREMACY! RACISM! SEXISM! OMG, A NEW COVID STRAIN!
Social Media Posts of the Day
Quote of the Day
Message of the Day
Other Links That May Interest You
‘Experts:’ Don’t Refer to The Bay Area Looting as ‘Looting,’ Guys
Losing Confidence in the Pillars of Our Civilization – Victor Davis Hanson
Finally: Jen Psaki Gets First Fact Check from PolitiFact
Big Government and Socialism Meme Gallery