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.


* SLMR 2.1a * Oooo, Better run, Mr. Wino!!!
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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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