In their nay votes on the big beautiful bill dems were de facto voting for the largest tax increase in history. So it is indeed disingenuous of leftards to be bitching about Trump raising a certain tax.Originally Posted by Dan Druff
Here's what I don't understand.
Some of the loudest bitchers about this are high income winners who voted for Kamala Harris (and only Dems their entire adult life).
So it's okay if Democratic politicians increase their taxes, but not okay if Trump does?
Mind you, I don't support this law and think it sucks. But the pearl clutching by those who normally vote D is both hilarious and sad.
BTW, this reminds me of the time the WSOP almost got cancelled. It was back in the 90's. Just before the start of the WSOP the IRS told the Horseshoe they had to withhold 24% tax from the winners.
I think that up until that time the winners had been payed in cash and there was no W2-G.
So the players said fuck you we ain't playing. Probably because they seen they weren't going to get even a thin dime, the IRS rescinded the rule and instead told the Horseshoe they had to issue W2-G's for winnings higher than $600 or 300 times the buy-in, whichever was greater. Why they wrote it that way I don't know. It would have to be a $2 tournament for a $600 buy-in to be 300X.
I remember there were a lot of stupid poker room managers in those days that issued W2'G's in daily/weekly tournaments to anyone that had a win higher than $600. You couldn't explain to them about the 300X rule. They just didn't get it.
Anyways, as soon as the IRS rescinded the rule the players poured in and the WSOP was on.
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