Showing posts with label Broken Trump Promises. Show all posts
Showing posts with label Broken Trump Promises. Show all posts

Friday, June 6, 2025

President Donald Trump's One, Big, Beautiful Bill Breaks a Key Social Security Promise

President Donald Trump's One, Big, Beautiful Bill Breaks a Key Social Security Promise

Snippet of Article: "For the 52.6 million Americans currently receiving a retired-worker benefit, nothing is more important than knowing how much they'll receive monthly. ...While on the campaign trail last year, then-candidate Donald Trump announced in all-capital letters on his social media platform Truth Social, "Seniors should not pay tax on Social Security." Now-President Trump doubled down on this claim in a fairly recent town hall event, proclaiming:

In the coming weeks and months, we will pass the largest tax cuts in American history -- and that will include no tax on tips, no tax on Social Security, and no tax on overtime. It's called The One, Big, Beautiful Bill.

But there's just one problem with Trump's One, Big, Beautiful Bill -- it completely breaks his Social Security promise. ..."

Source: www.aol.com

Democrats Do Not Care About Seniors Anymore Than Republicans, Are Trump Promises Worth Anything? Obviously Not, A Man is Only As Good As His Word, Broken Tax Promise to Seniors By Trump/Republicans,




Wednesday, June 4, 2025

Trump's 'Big Beautiful Bill' Is Outright Class Warfare | Historic giveaway to the ultra-rich and multinational corporations, paid for by working people

Trump's 'Big Beautiful Bill' Is Outright Class Warfare | Historic giveaway to the ultra-rich and multinational corporations, paid for by working people

Snippet of Article: "...Donald Trump’s “big beautiful bill” – passed by House Republicans last month – has been marketed as a ‘tax cut for the middle class.’ In fact, it represents another round of handouts for the wealthy.

As the Institute on Taxation and Economic Policy (ITEP) has laid out in their recent analysis, this legislation is a brazen giveaway to the ultra-rich and multinational corporations, paid for by working people. ...Far from delivering relief to struggling households, the bill would widen the already obscene disparities in wealth and income in the US. In 2026, the top 1% of earners will receive $124 billion in tax cuts; more than the combined total going to the bottom 60% of taxpayers. On average, that’s a $70,000 windfall per millionaire. While working-class families struggle to pay rent, billionaires will now be able to pass on up to $30 million to their heirs tax-free, thanks to changes in the estate tax."

Source: zeteo.com

Robbing the Poor to Give Handouts for the Wealthy and Multinational Corporations,