Is there anything that people actually care about in the Big Beautiful Bill?
I keep seeing twitter headlines meant to imply it is for the worse, but nobody actually talking about how much is it spending on NASA or Housing & Urban Development

>>81718066 (OP)
The thing about this bill is that it's rather insidious because most of it is going to lead to vaguely degraded standards in the US and a lot of it doesn't go into effect until years from now, so in a few years everybody's going to look around and go "hm. Why is everything worse now?" and there won't be a single one thing to point to in this bill that is wearing a big red sticker that says "blame me." It's not a "nigga I am going to fucking kill you" bill the way twitter makes it out to be, but it is more of a "i am going to suck ALMOST all of the oxygen out of the air right up to the point where everywhere you go you feel lightheaded and lethargic" bill.

>>81718066 (OP)
There are business tax breaks for equipment and research, and tax breaks $40,000 for incomes over $500,000. People that work overtime, if they choose to itemize their taxes won't pay taxes on the first $12,500 of their overtime pay. People that make tip money if they itemize it on their tax return won't pay taxes on the first $25,000 they receive from tips. The corporate taxes and highest tax bracket will keep their lowered income taxes from Trump's first administration. It had a sunset provision to go back up, but this bill makes it permanent.

To pay for that they're cutting about $1 trillion dollars, or around 16 million people from medicaid, $300 billion from SNAP, and then taking out another $3 Trillion in debt. They're also removing tax credits for EV's and credits for installing solar panels on your house if you own one. The solar panels are a bit more important than they seem, because it's removing an energy subsidy at a time where the American Economy is getting very hungry for electricity, which if not supplied will not just make electricity more expensive but all services and products that require said electricity too.

It's hard to say how positively or negatively it'll impact economic growth nominally. Many liberal financiers don't believe it will help that much for complicated economic reasons, but it might also be that they just don't like trump. If you don't care so much about going to the doctor, and you want less taxes, and you don't take snap or own an electric car, and you don't work for tips or do any overtime then you might not overtly notice it. There could be knock on effects when you reduce the access to food and healthcare for the vulnerable like crime maybe. It'll slow down the velocity of money since more rich people are going to keep accruing, the difference in your wealth and your boss's wealth will widen notably, the difference between your boss and his boss will widen significantly.

>>81718330
>People that make tip money if they itemize it on their tax return won't pay taxes on the first $25,000 they receive from tips
So he actually delivered on no tax on tips, except for roasties working in New York or California who made more than 25k a year in tips

>>81718342
but you have to keep track of - and itemize every single tip you receive.

>>81718066 (OP)
>>81718330
Oh it also gives a bunch of money to ICE, like more than all other federal enforcement agencies combined. So if you like them or hate them that determines whether that's a + or a - for you. There's also a provision to limit states from regulating AI themselves.

>>81718342
Up to a limit yeah, and you have to do the taxes correctly to take advantage of it which I think most people don't know how to do, but turbotax or freetaxusa or the other tax prep services might start incorporating it into their websites to encourage them not to use the standard deduction.

>New York or California who made more than 25k a year in tips
So for them there's something called a SALT CAP, basically if you pay state taxes and federal taxes, all the state taxes you pay go to the federal too so that you don't get double taxed. Trump in his first term put the first limit on it, down to $10,000 , and in this bill he raised it to $40,000. So if a New Yorker made $100,000 and paid $10,000 in state taxes, when they do their federal taxes they can claim they made only $90,000 in income. Now if they make say $400,000 and pay $20,000 in taxes, they are allowed to claim they only made $360,000 in income.

>>81718382
it sounds like that'll only be necessary on an audit, you won't need to itemize every tip you receive, just report the total amount of it on your W2. This of course only applies to the above board tips. But you will have to itemize stuff like dental expenses that year state and local taxes for the salt deduction yourself and the rest. It sounds for now like if you know about it, it won't be excessively difficult to take advantage of it, but most people who file taxes themselves and don't know about it might not do it because they don't know. It's more complicated, but not infeasibly so. I would say if a tax prepping company wanted to help their customers do it, they'll probably be able to take advantage of it.

>>81718463
>Now if they make say $400,000 and pay $20,000 in taxes, they are allowed to claim they only made $360,000 in income.
Sorry there's a typo, I meant :
Now if they make say $400,000 and pay $40,000 in taxes, they are allowed to claim they only made $360,000 in income.

>>81718308
You can't point to a single thing Biden passed in his presidency and say "this is what caused huge amounts of inflation"
It's just very marginal stuff, like if I ask chatGPT about the difference in US Debt after the trump years compared to after the Biden years

comparing the total debt in January 20th 2017 when Trump entered office and January 20th 2021 when he left office, with the size of the debt when Joe Biden entered office in January of 2021 and left office in January of 2025. If you do that you will see the former raised the debt from $19.95 trillion to $27.75 trillion or by 7.8 trillion. While Joe Biden started with 27.75 trillion and ended with 36.2 trillion or an increase of 8.4 trillion.
So Biden got us 600 billion more in debt, what does that mean in terms of inflation?

>>81718382
I don't think that, I believe it would be at the end of your day calculating the total you recieved for that day.
Some places already do this because they tip out the back of the house staff from server tips so they're already calculating their tip totals every day

>>81718481
>While Joe Biden started with 27.75 trillion and ended with 36.2 trillion or an increase of 8.4 trillion.
eh if you look at the trend from 2000 onward I don't see a notable difference in deficit habits

https://fred.stlouisfed.org/series/FYFSD

Bush brings us from surplus to deficit, Obama makes it bigger trying to stimulate after the 08' crisis, and starts reigning in the deficit before Trump gets elected in 2016 and begins raising the deficit again and leaving Biden with a wopping deficit to start his presidency with and pull back out of, and then something happens in 22' maybe it's the IRA or Ukraine or something but it starts getting bigger again. I'd say Obama and Biden both started their presidencies with big messes to clean up and Bush and Trump started from good places and left the deficit a mess. This time Trump's starting from a still ugly looking deficit and making it bigger and it's bothering people.

>So Biden got us 600 billion more in debt, what does that mean in terms of inflation?
$600 billion is a lot of money for a person, and maybe a medium sized corporation, for perspective apple make $400 billion a year in revenue, but it's not a lot when talking about the whole US economy. The m2 money supply is $21 Trillion alone, federal debt is $31 Trillion, public and private debt together is about $77.31 Trillion, so in all the money supply is roughly $98 Trillion.

https://www.federalreserve.gov/releases/z1/dataviz/z1/nonfinancial_debt/chart/

An increase of $600 billion is .0077 or 0.8% expansion of the money supply. Inflation primarily rose due to goods being restricted and if you're cynical, the federal reserve's quantitative easing during that time which would be Jerome Powell's fault.

>>81718481
I don't like Biden either. What is it with Trump supporters and whataboutism?

>>81719053
every time you argue with a shitlib about literally anything any democrat does wrong they immediately go
>b-but BRUMNPFFF
so fuck it let's just point fingers at each other forever and get nothing done while we get fucked out of our future

>>81719062
...?

Your arguing against things I did not say preemptively instead of addressing the topic at hand directly, and then getting mad at the political clan you (wrongly) assume I belong to for doing the same thing you just did...because that's what they do...

>>81718463
>There's also a provision to limit states from regulating AI themselves.
the states rights party when the states try to stop them from creating mass homelessness and mass surveillance:

>>81719307
what's with all of the ellipsis are you some kind of retard boomer? and I'm talking about how everyone engages in "whataboutism" you stupid fuck. get skullfucked by a bullet, nigger

>>81718066 (OP)
spending billions more on the military industrial complex and cutting medicaid/snap is bad

>>81718066 (OP)
millions of people are losing their medical care

>>81719338
>lots of other people make stupid retarded dumbass nonsense arguments, which is why you should accept MY stupid retarded dumbass nonsense argument

>>81718066 (OP)
theres a provision that essentially makes trump immune to the courts

>>81719062
how can you even say this when trump is tweeting every day complaining about someone new and insulting them? every single day.,

>>81718066 (OP)
Joe Biden and his initiatives were bad, and therefore Donald Trump and his initiatives are good. Hope this helps!

>>81719351
thank god. the medical industry was a mistake. if I were a dictator the first thing I would do is shut down every hospital in the us.

Whatever good things may be in it can't make up for how disastrous the extra spending is. Trillions in tax cuts for billionaires for no reason.

>>81719329
Funny how democrats only start pretending to care about states rights when they aren't the ones in charge.

>>81718066 (OP)
Anyone know which military branch is the big winner and which branch is getting shafted?

>>81719351
I saw that headline too
what do you actually know about the thousand+ page document
like do you have any first hand knowledge or are you just believing what a news site headlines saying?

>>81719446
if I were a dictator the first thing I would do is shut down the Alberta Hospital

>>81719468
you can read it yourself lazy ass. its not classified info

>>81719356
That got stripped in the Senate, thankfully. So did the block on AI regulation. Doesn't mean those things won't be attempted in future legislation, of course.

>>81719497
>That got stripped in the Senate, thankfully
didnt they just add a version that was technically different but achieved the same goal

>>81719472
why stop there? #NoMoreHospitals2028

>>81719502
For which provision?

>>81718066 (OP)
$10 billion for NASA. This includes $700 million for a Mars Telecommunications Orbiter; $2.6 billion for the Lunar Gateway space station; $4.1 billion for the development of the Space Launch System rockets for the Artemis IV and Artemis V missions; $20 million for the Artemis IV Orion spacecraft; $1.25 billion for International Space Station operations throughout 2030; $325 million for the US Deorbit Vehicle; $1 billion for improvements at five NASA centers ($120 million for Stennis, $250 million for Kennedy, $300 million for Johnson, $100 million for Marshall, and $30 million for Michoud); $85 million to transfer a space vehicle to a field center that is involved in the administration of the Commercial Crew Program (aimed at moving Space Shuttle Discovery to the Johnson Space Center)

>>81719560
the courts one

>>81719611
The GOP did draft a provision that would've limited the ability of courts to issue injunctions against the federal government without first paying bonds. That would've been equally terribly, but the parliamentarian ruled that it was beyond the scope of this particular bill.

So, good news is the provision didn't make it into the BBB. Bad news is it's likely the GOP will try this again in future legislation.

>>81718066 (OP)
Permanently fucking up the economy by raising the debt ceiling to an unprecedented degree just to give trillions worth of tax cuts to the wealthiest definitely seems to concern everyone

>>81720681
listen sweety, its just necessary to make america great again. just like importing 40 morbillion indians to do cushy white collar work while white people work in deregulated manual labor for thirdie tier pay and lose limbs in factory equipment. god bless israel.

>>81720709
Gobless, I love my Lord and Savior fixing the economy

>>81719053
>What is it with Trump supporters and whataboutism?
Arguing for Trump is borderline impossible if you aren't a complete dishonest pile of shit. It's 100x easier just to say Obama or Biden or Hillary and ignore the accusations of Trump.

Everything he does is terrible and/or stupid senility. There's nothing he does that isn't a total fuck up or deliberately making things worse. If they had to defend his actions, they'd be forced to make shit up every day to try and excuse him.

>>81719459
No one actually cares about states rights

>>81721030
*No one in Washington

>>81719459
nobody gives a flying fuck what backwards retarded policies red states enact for themselves. if you want to make it so dupont chemical can pour liquid AIDS into your water supply, go right ahead. its your stupidity. just dont act surprised when the rest of the country doesnt like it when you try to force that on them as well.

>>81721012
>Everything he does is terrible and/or stupid senility. There's nothing he does that isn't a total fuck up or deliberately making things worse. If they had to defend his actions, they'd be forced to make shit up every day to try and excuse him.
It's funny because Democrats think this is describing Trump and Republican think this is describing Biden

it wont effect anyones lives just like everything else in the government for the last 40 years

It solidifies Trumps tax cuts, which expired this year. Without the BBB, you'd go back to Obama year taxes which is about 5% higher or so depending on your current income.

Nothing else matters in this bill. Nogs will get less food stamps but ICE funding is way up so we could deport a ton of browns that get benefits illegally.

>>81721658
Real humans understand it describes 99.9% of US politicians

>>81721130
Well if you want to ban plastic bags or internal combustion engines or gas stoves in California go for it. If you flaunt Federal law don't be surprised if you see red states saying they're not enforcing gun laws or endangered species act

>>81718066 (OP)
>Is there anything that people actually care about in the Big Beautiful Bill?
No. It doesn't effect me much because I'm middle class, but I think enriching billionaires by slashing public services for the poorest Americans is inhumane and regressive. I think America is backsliding into a Russia-style oligarchy because we refuse to do anything about corrupt capitalism. Gilded Age all over again. Niggas with less than 5k in savings vote for candidates who practice trickle down economics. Simply lol.

>>81718066 (OP)
I just think ya'll Americans are fucking stupid, you have guns for fuck sake, if any of you really cared about this then you would've done something by now, this whole thing shows me that most Americans are just fucking evil and like to get fucked over by the upper class

>>81721824
>Just take shots at politicians and get immediately wasted by he Secret Service bro
Ok. You first?

>>81721855
Notice how I made a distinctive between me and ya'll Americans, I don't need to do shit since my country is fine as is, I'm not some yankee

>>81718066 (OP)
New babies getting born being given 1k in S&P500 by Trump is tremendous, it allows for 5k a year in parents contributions but even without it these kids will have low 5 figs by 18 to get started with their lives (assuming 7% annual average performance). A very simple policy that should be done by every country.

>>81718066 (OP)
I have nothing to add I just really wanted to mirror this picture of him.

>>81721824
Why do you think Trump has had 3 assassination attempts and Joe Biden had 0?