Talk of The Villages Florida - View Single Post - Latest tax changes in the BBB
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Old 07-02-2025, 02:34 PM
rsmurano rsmurano is offline
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So much bad information. There are no cuts to SS, Medicare, or Medicaid. How do billionaires benefit from not taxes on overtime or tips? How many millionaires or billionaires get paid overtime or work for tips? NONE!
I’m also tired for catering to the so called poor. The only people we need to cater too are the veterans and handicapped, everybody else needs to work. If you want to live in poverty, that’s your choice, and you need to live with the consequences.
I’m all for entrepreneurs making what they can make. When I worked, I made much more than my counterparts because I was more valuable to the company. I didn’t feel bad.
Same goes for investing your money for retirement. Most people don’t or just give their money to an advisor hoping they will make them money. For me and my friends, we all spent many many hours learning how to invest so we should make more money for our retirement without feeling guilty.
We have so many bad programs that give moms more money for the more kids they have so they can just sit at home.
To be fair, the so called rich shouldn’t pay any more % of their income than anybody else in the USA. They should have implemented a flat tax decades ago, say 5-10% flat tax. If you don’t make much, you won’t pay much, and the 5-10% for the wealthy might be more than what they are paying now, probably not because they don’t make billion worth of income a year.
For all of us that planned to retire with financial freedom (should be everybody’s goal), the BBB is great since you have dividends, rental income and RMD’s. If you are working in a typical 8-5 job, the BBB would be much beneficial to you.
If you are poor, there are too many benefits already, the poor need to go to work.