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Posted on 05/11/2025 12:39:22 PM PDT by know.your.why
On April 10, the House voted to pass H. Con. Res. 14, a budget resolution blueprint that sets spending and revenue targets or the federal budget. Budget resolutions do not actually set funding levels and do not have the force of law. However, they are an important first step toward the process through which Congress can begin to appropriate federal funds. By passing this resolution, the House will be able to continue the process of passing a budget reconciliation bill. A reconciliation bill can only focus on budget-related measures, but it’s a powerful tool because it only needs a simple majority of votes to pass the Senate, bypassing the 60-vote threshold needed to advance most other legislation.
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What about SS?
So a guy works 60 hours a week for a salary. Is only 2/3rd of the salary taxable?
Tell ALL of those who benefit the names of those who voted against it. Primaries coming.
Let that sink in.
Not if he's on salary because there is no overtime for exempt employees. The weeks he works 40 and the weeks he works 60 pay the same amount.
SS benefits will be taxable 85% as now, since there is no mention of any tax reduction.
We used to get regular time pay after the first 5 overtime hours at my job. No time and a half for salaried folks.
“So a guy works 60 hours a week for a salary. Is only 2/3rd of the salary taxable?”
Seems that way, Police and Fire Depts are the big winners.
Sens. Marsha Blackburn (R-TN) and Roger Marshall (R-KS) recently reintroduced the RETIREES FIRST Act. That legislation proposes increasing the provisional income thresholds that trigger taxes on Social Security benefits, raising them to $34,000 for individuals and $68,000 for couples filing jointly.
These figures represent a substantial increase from the current thresholds of $25,000 and $32,000, respectively.
“What about SS?”
SS probably was always a giveaway idea to get the other two. SS change terrifies ignorant people. It will be a stand-alone bill in title, but a ‘Christmas Tree’ to buy the needed votes.
“So a guy works 60 hours a week for a salary. Is only 2/3rd of the salary taxable?”
The guy’s cellphone could prove the guy worked 60 hours last week at the office or how long the guy stayed at a plumbing contractor’s shop and on the contractor’s business.
Old news. Dated 10 April.
These figures represent a substantial increase from the current thresholds of $25,000 and $32,000, respectively.
but not keeping up with biden inflation
Federal judge will make them put the taxes back in.......
Called the EBSC bill!
The Easter Bunny Santa Claus bill!
“So a guy works 60 hours a week for a salary. Is only 2/3rd of the salary taxable?”
Ha, ha, ha!! Good one.
If this passes as law, the nation is going to have a LOT more salaried workers and fewer hourly workers.
Social security?
It still taxes SS for most people.
How many people work jobs that pay tips?
How many of them report the tips?
How many of them pay any Federal Tax already?
Seniors get slapped in the face, again. COLA has not been anywhere close to the rise in expenses.
In my opinion, smoke and mirrors, broken promises, and outright lies.
Same old same old.
I absolutely hate, detest, and despise politicians.
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