Replies to post #499084 on Tornado Alley (PROG)

[OMOLIVES]

He adjusted the Bush tax raise jelly bean. You also missed the point of reduced spending. He then turned around and lowered taxes significantly. Did you actually read what you copied and pasted:

Understanding the Tax Reform Act of 1993

The Tax Reform Act of 1993 contained several major provisions for individuals. It created a 36% and 39.6% marginal tax bracket for filers, eliminated the tax cap on Medicare taxes, increased taxes on Social Security benefits, and raised gasoline taxes by 4.3 cents per gallon. It also curtailed itemized deductions and raised the corporate tax rate to 35%.3??

The Act was also one of the first bills to retroactively raise taxes, effectively making the increases apply to taxpayer incomes from the beginning of the year.

https://www.investopedia.com/terms/t/tax-reform-act-of-1993.asp#:~:text=The%20Tax%20Reform%20Act%20of%201993%20aimed%20to%20cut%20the,balanced%20budget%20in%20three%20decades

I hope you read the BLS report to today. It's not good and is no fault of any President beyond their reckless spending that is:

https://www.bls.gov/news.release/pdf/jolts.pdf

Layman:

#JOLTS quit rate fell to 1.9% in September, suggesting that workers are less optimistic about find new jobs. pic.twitter.com/OWSs6VQfRS

— Kathy Jones (@KathyJones) October 29, 2024

So you know who the only winner will be next Week?? It's Joe Biden and his family. If Trump wins..he wins and Trump will bare false blame on the Economy et al. If Kamala wins..he wins and Kamala will bare false blame on the Economy et al. President Biden will be vindicated and I am going to laugh my ass off at all the fools pointing fingers .