Don’t let yourself be deceived by all these tax cuts, as Trump is a member of the OCGFC, Owners and Controllers of Global Financialized Capital, who regularly dine on our tax dollars. But this is an extraordinary show since he was elected president, and has been actually coming through on promises. Consequently, I can start collecting Social Security in 3.5 years, and it will be nice to not have to pay taxes. And you don’t have to pay capital gains taxes as long as you stay under $96k per year (married).
Of course, the country is broke and on the brink of a serious financial collapse, so how long will it last? Notice the debt per taxpayer, budget deficit… And being that we have a fractional reserve banking system, what kind of haircuts are coming for a depression level financial collapse? There is no where near enough money in the federal bank insurance fund, and the country is already broke. Though, they could just print more money and give it to everyone, but that will just trigger more inflation and decreases its value even further. Consequently, we were watching an old Rockford Files show where you could see a receipt for a piece of pie and two coffees and it was under $1, just back in the late 70’s. Let that sink in.
https://thelibertydaily.com/house-budget-resolution-passes/
By J.D. Rucker
House Republicans led by Speaker Mike Johnson passed the Trump-backed budget resolution along party lines. Congressman Thomas Massie was the lone Nay on the Republican side, citing not enough cuts to balance the budget.
BREAKING: The House just voted to pass the budget resolution backed by President Trump, which will include $4.5 TRILLION in tax cuts, such as no taxes on tips, overtime, & social security.
The final vote will be 217-216 *if all three remaining Dems vote*
This is the first major… pic.twitter.com/0SKjr327S4
— George (@BehizyTweets) February 26, 2025
Included in the bill were major cuts that President Trump had promised on the campaign trail, including no taxes on tips or Social Security. According to Congresswoman Anna Paulina Luna:
Just got called back to the floor for votes:
We are PASSING RECONCILIATION! To highlight a few things:
⁃No tax on tips
⁃No tax on overtime
⁃Tax relief for seniors
⁃America first tax break for products manufactured in the USA
⁃Balance budget resolution meaning at a minimum…— Anna Paulina Luna (@realannapaulina) February 26, 2025