More tangibles for the FBA family

skylove4

Veteran
Joined
Nov 20, 2013
Messages
18,595
Reputation
4,895
Daps
89,787
This thread will be empty
Let me give the c00ns one of there bat signals to draw them into the light
rKvYhr.gif
 

The Intergalactic Koala

Reporting for Duty
Supporter
Joined
Jan 2, 2017
Messages
61,963
Reputation
22,699
Daps
254,497
Reppin
Koalabama and the Cosmos
ballers aren't popping champagne anymore, they cracking eggs:wow:

shyt sounds like a comedy skit in the making :dead:

Like I could picture a 6 cert big dikk swangin Coli breh cracking eggs in a golden pan like a legit boss :whew: . The moment he flip that bih into a omlette, Jesus wept :mjcry:
 

Astroslik

Veteran
Joined
Aug 3, 2013
Messages
28,712
Reputation
2,880
Daps
85,947
OP is weirdly obsessed with black americans but yet can’t find gainful employment in his personal life. Priorities all fukked up
 

Born2BKing

Veteran
Joined
May 1, 2012
Messages
83,874
Reputation
15,054
Daps
333,996
Tax breaks that could disappear
Some long-standing tax breaks could face elimination, according to the document:

Mortgage interest deduction: This could either be cut entirely or lowered to a $500,000 cap, with the former idea saving $1 trillion over a decade and the latter $50 billion over the same period.
"Head of household" tax filing status: This filing status provides a larger standard deduction for unmarried adults with children. Eliminating it could save $192 billion over 10 years.
American Opportunity Credit: This $2,500 tax credit is given for educational expenses amassed over the first four years of a person's higher education. Revoking it would save $59 billion over a decade.
Child and Dependent Care tax credit: This credit helps families with young children pay for up to $2,100 in annual child care expenses. Waiving it would save $55 billion over a decade.
Student loan interest deduction: Scrapping this deduction, used by people with student loan debt, could save $50 billion over 10 years.
Lifetime Learning Credit: This nonrefundable tax credit is equal to 20% of qualified tuition and related expenses under $10,000. Repealing it would save $26 billion over 10 years.



New tax breaks under consideration
The document also outlines several ideas for lowering taxes, in addition to eliminating taxes on overtime and tips. They include:

Eliminating the estate tax: This proposal would most benefit ultra-rich families given that the estate tax hits people with assets of nearly $14 million. Removing this tax would cost the U.S. $370 billion over 10 years.
Raising or eliminating the SALT deduction cap: Mr. Trump's TCJA introduced a controversial $10,000 cap on deducting state and local taxes, or SALT. Under the latest Republican proposals, the cap could be eliminated or raised to higher thresholds, such as $20,000 for married couples. The cost could range from $100 billion to up to $1 trillion, depending on the size of the change.
Making auto loan interest tax deductible: This idea, which was floated by Mr. Trump during the 2024 presidential campaign, could cost $61 billion over a decade.
While campaigning last year, Mr. Trump proposed scrapping the $10,000 cap on the SALT deduction, which he introduced in his 2017 tax bill. The issue has become increasingly unpopular among Republicans and Democrats alike, as rising home values and property taxes across the nation means more homeowners are feeling the pinch from the deduction limit.

"The SALT cap was effectively one of the biggest pay-fors in the 2017 legislation, and raising it is expensive," the Tax Policy Center's Rosenberg said. "The president recently signaled again that the most likely direction is for the SALT cap to be raised rather than to be eliminated."



Trump wants the feds to lower prices for Americans. Can he deliver?

Saudi Arabia to invest $600 billion in U.S., crown prince tells Trump

House approves Laken Riley Act, sending first bill to Trump's desk

Here's what to know about Trump's Stargate AI deal with OpenAI
 

MrRDU

Superstar
Joined
Feb 3, 2016
Messages
6,236
Reputation
576
Daps
26,243
Of course the FBA Bothesiders are MIA. We are only a week in and Trump already did several things that make things worse for FBAs, and somehow that’s better than Kamala doing nothing specifically for FBAs. :skip:
All yall bytchass muthafukkas cool when Black ppl got a foot up the ass, but when that foot is shared with others, we're supposed to form like Voltron to save other ppl. fukk that, fukk the shills, eat a dikk. :pacspit:

FBA GOOD :salute:
 
Top