Do you think congress may have forgotten how their job works? Like I remember learning the importance of congress in middle school. Power of purse and all that. Why is the congress petitioning the president for legislation? Can we please replace the congressmen who don’t understand what their job description is? Every day in the news its just “Legislator asking someone else to do their job” “Legislature confused on how laws are made” “legislator claiming the presidents office is just better at making laws”
The plan pushed by Cruz and Scott has been sought by conservatives for many years. Under current law, an investor who bought $100 worth of stock in 1990 and sold it today for $300 would currently owe capital gains taxes on the full $200 in profit. But the $100 investment in 1990 would be worth roughly $230 in today’s dollars after accounting for inflation. Under the Cruz-Scott proposal, the investor would only owe taxes on that $70, rather than the full $200. That is why the proposal is known as “indexing capital gains for inflation.”
Ah, so the ultra-wealthy who have been holding during the longest bull market in history can get a massive discount for dumping on us peons?
What does congress even do anymore?
Ancient Rome before the fall of the Republic is eerily similar. Only difference is, we don’t have Caesar and Pompey. We instead have a chuckle Fuck who rapes children and is the single dumbest person alive.
The most interesting part of this is the timing. 11 months since the trump admin did the largest pump and dump in human history during the great tariff terror of 2025. I was there watching markets drop 5-7% a day for a week. I was there when my accounts got major margin calls at the low. I was there when trump tweeted on truth social and the markets rose 20% in one day and almost 100% over the next 6 months.
So I know a $200 Billion capital gains tax relief package when I see it! More tax cuts for the rich. Congress has no hopes of passing it so they are hoping the president can wave his magic wand and cough up $200B
It wasn’t enough that they stole all your money and manipulated markets, they need a tax break on all the money they stole!
200 billion is peanuts to the tens of trillions the neoliberal-conservative cancer has been stealing from the working class for the last 50 years. They won’t stop until they rule all life on Earth, or kill all life on Earth.
Late stage capitalism is fascism, and the fact that Luigi was an anomaly — even after our governments and intelligence agencies are proven to be run by criminally corrupt pedophiles — proves how mentally ill our entire civilization truly is. We are little more than talking apes, and we prove it every single day.
But 200 billion is a lot of money for a single handout aimed at .01% of the population 😅
I think they’re probably going to throw us in the wood chipper soon
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The operator of the archive service you’re using has edited archived content and used its CAPTCHA page to DDoS a blog.
Sorry! Happy to correct. Can someone lend me a clean url?
Also important to note that the operator of that site has been editing archived pages, so who the fuck knows if anything still matches the original.
But yes, the malicious hijacking of people’s browser to launch a DDoS attack is worse.
I think we maybe need to force these idiots watch School House Rock again.
Maybe their voters, too.
RIGHT! I forgot about that. We learned this shit when we were toddlers. 😭 this is preschool level political science they are failing. Clearly a sign of dementia.
