What are the implications of the big beautiful bill on the stock market and small business?

how dare he to criticize bribery

>>60485107 (OP)
magatards can't help but get what they voted for

>>60485107 (OP)
wtf does this big bill even do

>>60485141
ITS BIG AND ITS BEAUTIFUL. Is that hard to understand ? Now you pay more taxes so leon can get another woman preggers through artificial insemination.

Why not remove taxes on income tax

>>60485141
cut taxes for the rich and increase the deficit. the usual.

Trump's a known liar. Also, if you've ever lived in New York, whenever someone there is doing something bad/underhanded they will ALWAYS include the word beautiful to describe their actions. No joke

new fell for it again award just dropped

>>60485329
>whenever someone there is doing something bad/underhanded they will ALWAYS include the word beautiful to describe their actions
If only there was a name for this culture.

>>60485107 (OP)
Why the fuck should they have no tax on tips

>>60485107 (OP)
WHAT THE FUCK THIS IS THE ONLY REASON I VOTED FOR THIS PIECE OF SHIT. I WORK 60 HRS OF OVERTIME IN A 2 WEEK PAY PERIOD

>>60485604
Thanks for playing, goy.

>>60485604
have you considered getting a job that pays a livable wage on a 40 hour work week? kek.

>>60485329
New York people seem to be "special"

>>60485141
explode the deficit more and punch down at poor people more. the ghouls and globalists who support it will fly to their private islands when the nation implodes into an orgy of violence and destitution

>>60485141
nobody has read it.

why is the US electorate and politicians so myopic about the fiscal situation

Sorry, it just won't fit

>sorry, goy, isreal needs that money more!

>>60485141
it’s big black and beautiful open up

Tax on tips but maybe end citizenship based taxation? My my maybe trump is actually mega based, eat shit druggies if you actually had bank accounts and didn't blow all your under the table money on bullshit you could also exit the rat race

>>60485107 (OP)
Is being a migger just a giant humiliation ritual?

>>60485141
I love how they aren't even trying to hide it anymore. In the past, they would just pass these positive changes into law and then silently gut them after the next president took office. Now it's like "yeah we're just not going to do it" lol

>>60485582
I wish to critique this culture.

Sorry goy, that tax money is reserved for our greatest Ally.

>>60485107 (OP)
I already had my tip taxed at birth, as a goy I can only continue to try my best to keep our overlords happy.

>no tax on tips or overtime
>yes for tax cuts for rich kikes

>>60488199
MIGA!

>>60487990
It's even worse trump literally tried to use sign an executive order to force drug companies to match the price they sell to us. Knowing it would get shut down by the court, and he would never have to actually pass it or it be in the bill.

>>60488211
*It would be in the bill

>>60485107 (OP)
I don't get tips or overtime so I don't really give a shit

>>60485107 (OP)
Oh boy, here we go again with the "Big Beautiful Bill" circus. Let me break this down for you autists before the political spergs flood the thread:

>No tax on TIPS = Waitstaff and bartenders about to become the new tax-free aristocracy while wagecucks still get bent over. Bullish for restaurant stocks, bearish for your sanity when you realize your bartender makes more than you after tips.
>No tax on overtime = Sounds great until you realize this just means employers will cut base pay and force you to work 60hr weeks to survive. Modern problems require feudal solutions. You'll make more investing in shit coins and memecoins like kaka, pepe or whatever than they pay in overtime.

Market Implications?

>Short-term: Service sector stocks pump (DPZ, MCD, SBUX) because "muh disposable income" hopium
>Long-term: Treasury screams as deficit widens -> yields spike -> Fed panics -> money printer brrr -> BTC $100K by EOY
>Small business: Gets absolutely fucked as labor costs explode and margins get crushed between tax changes and inflation

SEE THE ISSUE?

>>60488341
>SEE THE ISSUE?
No. Accelerate.

>>60487990
>no tax on tips
>positive
nah, fuck you. we don't need more GIB ME TIPS encouragement

>>60485141

It's basically the final boomer nail in the coffin before they all die. The final major screwjob. This is their (((((golden age))))) where the rich boomer kike-lovers get one last major undeserved pay day, then everything goes to the kikes and israel when they die. America then begins its final descent into collapse, where it balkinizes into several small third-world shitholes.

China will then invade after hacking what's left of our infrastructure into the ground, and America becomes a communist vassal state.

>>60488520
Tax cuts pay for themselves

>>60488341
You are wrong sir, and Donald Trump is right.

>>60485141
>wtf does this big bill even do
I skimmed through it.
>standard appropriations
>farming subsidies
>energy and mining subsidies
>an absolute crusade against trannies and degenerates
>about 10% of the bill is basically restating each government health agency enumerated will NEVER entertain the thought of troons whatsoever in any form
>illegals cannot legally get socialized american healthcare, period
>/o/tism and a rollback on impossibru 2026-27 cafe standards
>military and military manufacturing training initiative funding
Among other things. It's a long read.

>>60485141
https://www.congress.gov/bill/119th-congress/house-bill/1/text

BIG BEAUTIFUL BILL SUMMARY:

It reduces previously planned Medicaid spending to reduce the previously planned deficit, which is good.

It makes Trump's 2017 tax cuts permanent, which is good.

It removes income tax only on cash tips, which is kind of a joke. Nobody pays taxes on cash tips already. This just makes it so all those people aren't technically committing a crime anymore. Limits apply. And no, you cannot trick the IRS into thinking your tech job is paying you $150K per year in tips. They accounted for that.

It reduces income tax on overtime. Limits apply.

It reduces income tax on seniors, but not as much as removing all taxes on Social Security. Limits apply.

It funds border security with over $45B for the wall (probably enough to cover the entire Southern border) and more ICE agents and Border Patrol.

It adds a 3.5% tax on remittances (money transfers from USA to overseas) if you don't provide proof of legal status. Basically a tax that only illegal immigrants will pay. Conservatives have been asking for this for my entire life, so it's nice to see it finally fucking happen.

It does other stuff like ending some "climate change" tax incentives, giving a tax incentive to buy American-made cars, and lots more.

>>60485107 (OP)
People report their tips?

>>60488574
>It does other stuff like ending some "climate change" tax incentives, giving a tax incentive to buy American-made cars, and lots more.
I also like the anti-China stuff. There's no doubt that orange man sees China as adversarial and has plans to really throw a wrench in their works for his term.

>>60488341
>assuming wagie is 100% compliant
lol, lmao

>>60488520
Boomers really can't give anything up can they. You literally had dementia literally fucks like Biden trying to run for president. Or that other bitch in the supreme court that literally died while in office

>>60485107 (OP)
+10 gorillion to the deficit

Luckily, US debt is easily serviceable and only represents a small fraction of our GDP. Everyone wants to buy US bonds, so we can keep rates low and barely pay anything!

bullshit, republicans would never hurt the people.

>>60485107 (OP)
my company is having layoffs for the first time since its inception decades ago

>>60485107 (OP)
https://abgi-usa.com/section174/latest-and-greatest
What This Means for Business Leaders:

• Extension of 2017 tax cuts for individuals and corporations
• 100% R&D expensing (Section 174) from 2025–2029
• 100% bonus depreciation through 2029
• QBI (Section 199A) deduction raised from 20% to 23%
• SALT cap increased to $40K for households earning under $500K
• Federal tax elimination on tips, overtime, and auto loan interest
• Child Tax Credit increased to $2,500 through 2028
• Creation of new $1,000 “Trump Accounts” for children born 2024–2028

>100% R&D expensing (Section 174) from 2025–2029
this one is already fucking tech companies:
https://blog.pragmaticengineer.com/section-174/

>>60485107 (OP)
>Something may not fit into a big, beautiful, bill.
wow, nice joke.
>>60488341
You are a faggot, I used to work a job where I got tipped, and guess what? Never taxed for it. Saying no to taxes on tips has to be some kind of esoteric claim in future legalese or is just a sell to the plebs to make sure the government doesn't try to find new tax revenues.

As for overtime, it's probably to jumpstart "real" jobs to stimulate hiring again and actual productive labor, if not just more injection of disposable income back into the American economy which implies a "healthy" country due to spending. Americans are effectively snorting coke to stay solvent and productive until they have a new grift or product to sell to the world before the rest of the world all decides to call us out on our Jewish financial chicanery and work together to do so. How you can criticize with feudal conditions while not appreciating what should be open and shut cases of giving the working class a pass from the tax man is baffling to me.

I don't think this'll do much to save the country though, due to technology and the state of women which acts as the carrot on the stick for men, so you'll get bullish responses into crabbing, back to bullish about whatever is the next great spending plan repeated until Trump leaves or black swan world events occur.

pretty much all environmental funding for pollutions, diesel fuels, green house gases, carbon emissions, forests, ocean protection has been rescinded

>billions going towards the military
>more funding towards ICE & deportation & border patrol
>funding for sign on & performance bonuses for ICE agents
>more stipulations on Medicare & Medicaid
>funds to farmers impacted by drought, bees declining, poultry deaths (but cut all funding for environmental aspects to improve the circumstances)
>cuts to federal grants for college students & making eligibility requirements more extensive
>student loans & payments, not giving grace periods or flexible payments for hardships
>blocking gender affirming care : it says minors in the the first part, then goes on to say “the term `specified gender transition procedure' means, with respect to an individual, any of the following when performed for the purpose of intentionally changing the body of such individual (including by disrupting the body's development, inhibiting its natural functions, or modifying its appearance) to no longer correspond to the individual's sex - so I maybe overthinking but I can’t help but feel it’s for all individuals
suspension of implementation of rule relating to staffing standards for long-term care facilities under the Medicare and Medicaid programs : >nursing shortage already from cuts for federally funded facilities
>cut funding to organizations who perform abortions, so Planned Parenthood will no longer have funding
>fees being put on refugees
>moved expiration dates up on the tax deduction for electric vehicles (I wonder how Musk feels about that)
>expiration dates for the end of this year for tax deductions for switching to green energy

>>60488574
The extra deductions for Social Security makes the Social Security more fair for current retirees but 10 years from now the majority of people won't get 25% of their social security that they were promised but today's retirees who are not only getting more will get it at the expense of those who are actually paying the bill.

>>60485107 (OP)
SAY IT WITH ME
NO FREEBIE IN THE THREEB

>>60488574
>taxes on Social Security
Wait, Americans pay taxes on their pensions? The fuck?

>>60485753
Politicians know and are just kicking the can down the road. Future politicians will get blamed for it, not them. The American electorate is retarded and distracted with minutiae.

>>60485753
their options are to kick the can down the road or to explode the bomb that will consume the world. when zion don and elizabeth warren agree with each other you know they are locked in

>>60488341
>>No tax on overtime = Sounds great until you realize this just means employers will cut base pay and force you to work 60hr weeks to survive
Employers dont change pay rates becasue of taxation and the taxes come out of your paycheck not theirs. They dont care how you do your taxes. This doesn't even make sense to suggest.

>>60485178
>BIG
>BEAUTIFUL
>dont think about whats actually in it
they really know the retard mind no well.

>>60490178
so*

>>60485591
populism just as with everything about this orange senile retard.

>>60485107 (OP)
Unacceptable. We did not elect them to marginally serve us within corporate interests, This whole faggoted paradigm needs to change.