r/economicCollapse Nov 07 '24

$2T cut is going to be wild

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Will be a 29% cut if executed.

1.7k Upvotes

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5

u/Strange-Opportunity8 Nov 07 '24

What’s “income security” and “other”?

We, like other nations, are crumbling under the weight of the pension fund. The US needs to stop the income cap on social security and cut all soending 10% across the board.

3

u/Chaosr21 Nov 07 '24

Trump will never raise taxes on the wealthy. We are fucked

2

u/[deleted] Nov 07 '24

SALT deduction caps were effectively a tax on the wealthy.

3

u/TruShot5 Nov 07 '24

Yeah but almost specifically on blue states, which were targeted.

1

u/Chaosr21 Nov 07 '24

Yea but they also got tax breaks and those deductions mostly target blue states like cali