I've read a dozen or more articles about this thing, and not a single one shows how it helps most Americans. What I do see are tax credits many use going away, impacts to medicare and medicaid that'll cause many to loose it, and trillions added to the nationan deficit. So many republicans voted contrary to what they campaigned about like not affecting medicare/medicaid. Just not seeing how this helps anyone other than those who are the most vulnerable. Thoughts?

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Re: I'll go there -- Big Beautiful Bill, who does it really benefit?
By: Sam Alexander to All on Sun Jul 06 2025 11:21 pm

I've read a dozen or more articles about this thing, and not a single one shows how it helps most Americans. What I do see are tax credits many use

When you say "articles about this thing", do you mean articles talking about it, or have you seen anything just explaining the bill itself? I had a look recently, and I think a couple things stuck out. For one thing, it sounds like they're trying to reduce abuse of the medicaid system by increasing standards (i.e., if you're able to work, they want you to work). Also, there are tax cuts and an increase in the maximum standard deduction, which would mean more money back to you for most people.

Nightfox

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Re: I'll go there -- Big Beautiful Bill, who does it really benef
By: Sam Alexander to All on Sun Jul 06 2025 11:21 pm

I've read a dozen or more articles about this thing, and not a single
one shows how it helps most Americans. What I do see are tax
credits many use going away, impacts to medicare and medicaid that'll
cause many to loose it, and trillions added to the nationan deficit.
So many republicans voted contrary to what they campaigned about
like not affecting medicare/medicaid. Just not seeing how this helps
anyone other than those who are the most vulnerable. Thoughts?

i havent looked into it but no tax on tips and no fed tax on OT is nice.
i do a lot of overtime. but it's a tax credit. we need to make a law
instead of temporary changes.

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I've read a dozen or more articles about this thing, and not a single one show
how it helps most Americans. What I do see are tax credits many use going away, impacts to medicare and medicaid that'll cause many to loose it, and trillions added to the nationan deficit. So many republicans voted contrary t
what they campaigned about like not affecting medicare/medicaid. Just not seeing how this helps anyone other than those who are the most vulnerable. Thoughts?

That pretty much matches up with the impressions I have, unfortunately.

I am sure others will chime in with opinions that equate to "because MAGA
says it is good," but it will be interesting to see if there are any
contrary opinions that actually shed a positive light on it.


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Re: I'll go there -- Big Beautiful Bill, who does it really benefit?
By: Nightfox to Sam Alexander on Mon Jul 07 2025 08:33 am

When you say "articles about this thing", do you mean articles talking about it, or have you seen anything just explaining the bill itself? I had a look recently, and I think a couple
things stuck out. For one thing, it sounds like they're trying to reduce abuse of the medicaid system by increasing standards (i.e., if you're able to work, they want you to work).
Also,
there are tax cuts and an increase in the maximum standard deduction, which would mean more money back to you for most people.

The standard deduction for married couple went up from $29,200 to $31,500. But given I've been eyeing the Slate Truck, the EV truck from Amazon, the loss of the EV credit will increase the cost of this by about $7,500. So for me personally in the end it's a loss. I had found a great site from the CBP that broke down all this, but now I can't find it. The extra costs were nuts overall, and other than the tax incentives which would mostly benefit the rich I just didn't see any benefit to most.

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recently, and I think a couple things stuck out. For one thing, it sounds like
they're trying to reduce abuse of the medicaid system by increasing standards (i.e., if you're able to work, they want you to work). Also, there are tax cuts and an increase in the maximum standard deduction, which would mean more money back to you for most people.

Interesting. Is part of the plan helping the people able to work to find
work that they can make enough to live off of, or at least to give them the opportunity to look for work?

Not sure now we are post-COVID, etc., but unemployment used to sort of work that way. It was "your money" because you paid into it, but you did have to prove you were looking for work (if they asked) in order to keep drawing it.

IMHO, that is a good standard. Keeps it working like the safety net it is intended to be, and not like a hammock where you can just hang out. OTOH, telling someone "you are able to work" and just cutting them off because McDonald's doesn't pay a living wage is not a good standard.

Also not sure I would like to see people get cut off because they can, and
are, working but their employer doesn't provide adequate/any insurance.


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i havent looked into it but no tax on tips and no fed tax on OT is nice.
i do a lot of overtime. but it's a tax credit. we need to make a law instead of temporary changes.

I am a little skeptical on the no tax on OT. I think it is nice, in
theory. Having worked with people who'd find any way possible to create opportunities for getting OT (while screwing up a project timeline), I
would prefer not to be dragged into their "opportunities" now that they can make even more $$$ doing it.


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Re: I'll go there -- Big Beau
By: Dumas Walker to NIGHTFOX on Tue Jul 08 2025 09:35 am

Interesting. Is part of the plan helping the people able to work to find work that they can make enough to live off of, or at least to give them the opportunity to look for work?

Not sure now we are post-COVID, etc., but unemployment used to sort of work that way. It was "your money" because you paid into it, but you did have to prove you were looking for work (if they asked) in order to keep drawing it.

I don't know, but I doubt that would be part of the Big Beautiful Bill. In my state, at least, helping people look for work already happens when someone has filed for unemployment benefits.

Nightfox

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Re: I'll go there -- Big Beau
By: Dumas Walker to MRO on Tue Jul 08 2025 09:39 am

i havent looked into it but no tax on tips and no fed tax
on OT is nice. i do a lot of overtime. but it's a tax credit. we need
to make a law instead of temporary changes.

I am a little skeptical on the no tax on OT. I think it is nice,
in theory. Having worked with people who'd find any way possible
to create opportunities for getting OT (while screwing up a project timeline), I would prefer not to be dragged into their
"opportunities" now that they can make even more $$$ doing it.

it's not going to hurt you either way if it works or not.
i'm getting enough overtime pay tax taken out that i could put a mother and a kid up in an apartment and pay for their rent and food. it's insane.

i dont want all my money going to the jews so they can kill palestinian children. or whatever terrorist organization our govt feels like supporting.

regarding people dragging out work for overtime. your boss is a big boy and he should handle that problem if it occurs.
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Interesting. Is part of the plan helping the people able to work to

ind

work that they can make enough to live off of, or at least to give them the opportunity to look for work?

Not sure now we are post-COVID, etc., but unemployment used to sort of work that way. It was "your money" because you paid into it, but you

id

have to prove you were looking for work (if they asked) in order to keep drawing it.

I don't know, but I doubt that would be part of the Big Beautiful Bill. In my state, at least, helping people look for work already happens when someone

as

filed for unemployment benefits.

Correct, but that wasn't what I was talking about -- I just used it as an example.

If they are going to provide for this, or allow people a chance to look for work on their own, that is one thing. If they are just going to cut you
off your Medicaid because they think "you are able to work" without any oppotunity to look for work, that'd be BS.

Knowing some of the stuff that has gone on so far, I wouldn't doubt that
this group of numbskulls would set it up to do the latter.


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