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Deminpenn

(16,758 posts)
19. Reading the entire story, this is not a cut in FICA
Wed Apr 16, 2025, 03:19 AM
Apr 16

The proposal is to allow those who pay little to no income tax to take deductions that they don't now get. It's closer to being a way to expanding the EITC.

Later in the story, it reports that Hawley is open to letting the highest tax rate revert to 39% and/or creating a new tax bracket for people making over 1M, iirc, to pay for his proposal.

To me, this is significant because it shows the growing economic populism (rich vs poor) is getting through to the pols in Washington, even to RW'ers like Hawley.

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Would that not affect Soc Sec funding? returnee Apr 15 #1
Yup. Cutting FICA and end social security. travelingthrulife Apr 15 #4
Not really. A person pays the SS and Medicare tax on the total income earned. LiberalArkie Apr 15 #7
But he is in favour of the largest tax Increase on working class Americans, a very regressive tax. He voted for it. Bernardo de La Paz Apr 15 #2
He was just reelected last year leftieNanner Apr 15 #3
Okay thanks! BumRushDaShow Apr 15 #10
Agreed leftieNanner Apr 15 #12
Finally, a Republican that understands how to implement National Socialism Strelnikov_ Apr 15 #5
The Repubs have to run someone in '28 ... SomewhereInTheMiddle Apr 16 #22
How about just making the rich pay for once? doc03 Apr 15 #6
In the end, Runnin' Josh the Coward will just..... lastlib Apr 15 #8
What a great, insidious way to defund Social Security and Medicare slightlv Apr 15 #9
Here's a plan Josh OrangeJoe Apr 16 #20
Screw that little seditionist bastard. hadEnuf Apr 15 #11
Blue collar workers haven't gotten a real pay raise, partly because Repukes have BLOCKED any raise in Jack Valentino Apr 15 #13
Higher income people Picaro Apr 15 #14
Why not? Give the middle and lower classes a few pennies, while giving the rich millions, or even billions. patphil Apr 15 #15
What if BlueSpot Apr 15 #16
Eat me out, Josh. LudwigPastorius Apr 15 #17
Blatantly trying to cut funding for Social Security and Medicare IronLionZion Apr 16 #18
Reading the entire story, this is not a cut in FICA Deminpenn Apr 16 #19
Nope BAD IDEA! OrangeJoe Apr 16 #21
This proposal is NOT cutting FICA Deminpenn Apr 16 #25
A quick question OrangeJoe Apr 16 #26
But he votes for Trumps budget which last I heard kills the mortage interest Bengus81 Apr 16 #27
there are guys who just beg to be kicked in the nuts. nt Javaman Apr 16 #23
Never trust this guy. He's been a loser since his term as the Missouri Attorney General. HeartsCanHope Apr 16 #24
Latest Discussions»Latest Breaking News»Hawley says working-class...»Reply #19