Yes, my point was that even if you make the max in SS, you aren’t PAYING taxes on it once everything is said and done, even if small portion is technically taxable, because it’s offset by the standard deduction or other deductions.
I’ve been taking advantage of this every since I retired, pulling out taxable funds from a non IRA investment account I’m trying to spend down - calculating the amounts each year so my total tax liability stays at or under $0.
To get back to the subject of the thread, this goes to my point that many working class Trump supporters that are expecting their income to increase because of “no taxes on Social Security” will be disappointed.
I don’t think he’s a member of the FLDS cult or the “quiverfull” movement but he does believe that people need to have more children without worrying about the associated costs.
Correction: he believes the right sort of people (generally of lighter skin tones) need to have more children.
His public statements definitely overlap heavily with the quiverfull moment, though without the religious component (though he’s now playing around with catering to that crowd since he seeks attention from anyone who will give it to him).
His ideas are simple. And have a long history behind them.
Namely:
Ruling class men of the right race have lots of captive women who make lots and lots of babies. Anyone who steps out of line is banished. Or in earlier eras, killed.
Fatcats been pushing that idea for millennia now. Nothing cutting edge or innovative about it. Rather the opposite. It’s positively medieval. And mid-evil.
I have an update on this. I found out that one of these people I thought had voted for Trump actually didn’t, because he thought the racial injustices he would bring about largely outweighed the advantage of the big stimulus checks for everyone.
It made me feel better in one sense, because I know my friend didn’t vote for Trump….but on the other hand I’m horrified, because apparently these rumors were so prevalent that even people that weren’t Trump supporters believed that he was going to be sending out big checks.
Then I look at another statistic from my state, North Carolina and 11% of voters didn’t vote on anything except the Presidental race and the vote tallies seem to indicate that the lion’s share of those votes were Trump votes……and I really wonder how much this stupid rumor had to do with that.
That matches for accounts I’ve read of black men voting for him because “he gave them money”. So his tactic of delaying the stimulus checks so that his name went on them had a purpose after all- fooling people into thinking he was giving money away personally.
Not sure I follow. There are no stimulus checks. What there is is an unattributed rumor campaign shortly before the election that during the upcoming trump admin there will be big checks mailed to everyone. Not necessarily from his personal funds versus government funds, but certainly at Dear Leader’s personal explicit orders.
Orders that the rumor said would never happen under a President Harris.
Sorry if I wasn’t clear- the checks issued in the early days of the pandemic were delayed so that Donnie could put his name on them. It seems that many people thought either he was giving away his own money or that he was the reason they were getting the checks.
Undocumented immigrants who have lived in the US for a long time and have US citizen children are looking forward to Trump (who in many cases their children voted for) with the expectation that not only will he not try to deport people who have been in the US for a long time and have been “following the rules” (I mean, really their only crime is violating US law!), but he’ll actually create a path to citizenship for them!