2023-05-20 02:12:03
Tax cuts do not "give" money to anyone. Tax cuts reduce the amount a person or business pays to the government, so the only reduction is in the amount of money a person or business "gives" to the government. NEEDS_MORE_RATINGS(17-0-5) Author
2023-05-20 04:54:55
I've never met a poor Senator. CURRENTLY_RATED_NOT_HELPFUL(0-0-5) Author
2023-05-20 10:27:59
For context: Federal spending increases far exceeds GDP increase, which is not sustainable. Federal spending in 2022 was $3.61 trillion. GOP are negotiating for sustainable spending, which in turn requires less taxation, enabling economic growth. [Link] NEEDS_MORE_RATINGS(2-0-5) Author
2023-05-20 12:05:05
The increased estate tax exemptions will sunset in 2025. Although Feds do not have an inheritance tax, several states do. In addition, beneficiaries of any estate can be taxed at both a federal and state level. Inherited IRA (401k) requires mandatory taxable withdrawals [Link][Link] NEEDS_MORE_RATINGS(4-1-3) Author