Thune: Democrats Want to Raise Taxes … And That’s No Joke
“[W]e are hopeful that this week we can get a budget resolution on the floor that will unlock the process that’ll enable us to achieve and to reach those goals, and so we are continuing to move forward with that.”
WASHINGTON — U.S. Senate Majority Leader John Thune (R-S.D.) today spoke at a press conference with Senate Republican leadership:
Pure GOP talking points. This is about plans to extend Trump tax cuts – from which very few South Dakotans benefit … OK, maybe those sitting on $20M campaign war chests, but certainly not the average citizen.
I benefitted. I guess I didn’t realize I was so stinking rich!
How so? The proposed tax cuts aren’t in effect yet and if they do get implemented every analysis has shown it will increase taxes for everyone making under 400k a year. This is just another kickback for the super wealthy.
https://about.bgov.com/insights/elections/2025-tax-policy-crossroads-what-will-happen-when-the-tcja-expires/
Take a look at the sections referring to individual taxes. Yes, it is still in effect and yes I did benefit with lower taxes.
“Republicans are looking to extend the TCJA and further expand some tax cuts, while Democrats are focused on reforming tax breaks for lower- and middle-income households and raising taxes on wealthier individuals and corporations.”
I don’t doubt that you benefitted. I am all for extending the working class tax cuts that Trump had set to expire this year. He did that for the sole purpose of making his successor look bad after he left assuming he got his term as 46. It would be the next presidents mess, but now that is him. I am not for increasing or adding on to the wealthy tax cuts Trump gave that were not set to expire. The proposed House GOP Tax cuts will ultimately raise taxes for the working class.
So specifically, what are the tax cuts wealthy/high income wage earners are getting that I am not getting? Factual and verifiable not just a general statement or Democrat talking point.
The Orange Buffoon is planning the largest tax increase in history and we’ve got Thune the Goon trotting out this same tired BS. Wild!
Tariffs are taxes…didn’t he learn that when he got his MBA? Maybe he should have gone to law school instead, but maybe he couldn’t crack it. Just keep spending your grandchildren’s money to fund the bleeding government spending.
Trump is raising taxes through tariffs to support the house proposed tax cuts for the wealthy. This will benefit very few and screw over the working class.
The tariffs are taxes, come on, John. We all get the plan; when the Dems take over, and we have a massive deficit from the planned Trump Tax Cuts, there won’t be many choices. The rich need to pay their fair share if they want to continue to hoard all the wealth at the top, we can’t grow GDP fast enough to make up for this.
The GOP is no stranger to exposing exotic taxes, although the tariffs aren’t alarming them it seems. Back in the first Obama term, they mounted their most serious attack against the Affordable Care Act by trying to have courts declare it a form of unconstitutional taxation. Courts said no.