bbba and bib discussion.

[steve dave]

stay at home moms better update those resumes

The BIB has nothing to do with childcare subsidies.

I have no idea what child subsidies are or how they got here. I'm just carrying your stay at home mom flag.

[Rage Against the McKee]

it would be so rough ridin' great if dems hated parents.

The biggest taker class there is.

[Justwin]

Anyone who has a problem with salt relief is a clown

The SALT cap is one of the best things Trump ever did and instead of the cap being $10,000, the SALT deduction should be eliminated entirely.  All of the deductions and credits in the tax code should be eliminated, but the SALT deduction is one of the worst.

[Kat Kid]

Anyone who has a problem with salt relief is a clown

The SALT cap is one of the best things Trump ever did and instead of the cap being $10,000, the SALT deduction should be eliminated entirely.  All of the deductions and credits in the tax code should be eliminated, but the SALT deduction is one of the worst.

[steve dave]

Anyone who has a problem with salt relief is a clown

The SALT cap is one of the best things Trump ever did and instead of the cap being $10,000, the SALT deduction should be eliminated entirely.  All of the deductions and credits in the tax code should be eliminated, but the SALT deduction is one of the worst.

lmao, self own

[steve dave]

they said it couldn't be done.

NEW: Bipartisan infrastructure bill passes 228-206

13 Republicans voted YES:
Van Drew
Katko
Bacon
Young
Upton
Kinzinger
Smith (N.J.)
Fitzpatrick
Reed
Gonzalez
Garbarino
Malliotakis
McKinley

6 Democrats voted NO:
Bush
Omar
Bowman
Tlaib
Ocasio-Cortez
Pressley

— Andrew Solender (@AndrewSolender) November 6, 2021

did not see this coming from the baconator

[8manpick]

In my county a house valued at $500k is enough to go over the SALT limit on its own.

[8manpick]

In my county a house valued at $500k is enough to go over the SALT limit on its own.

This might be way off, I just send my crap to the accountant and sign some papers

[steve dave]

In my county a house valued at $500k is enough to go over the SALT limit on its own.

I go over on my prop taxes here in NE. it's infuriating.

[michigancat]

SALT cappers flexin

[kim carnes]

Anyone who has a problem with salt relief is a clown

The SALT cap is one of the best things Trump ever did and instead of the cap being $10,000, the SALT deduction should be eliminated entirely.  All of the deductions and credits in the tax code should be eliminated, but the SALT deduction is one of the worst.

Two clowns

[sys]

In my county a house valued at $500k is enough to go over the SALT limit on its own.

obviously it depends on a lot of factors aside from income and property values, but the standard deduction for a married couple is over 25k, so it takes a fair bit of itemizations to get there.

i'm sure there are a fair number of people in like the 200k income and 500k house range that are itemizing, but like, that's not where most of the money is going.

[sys]

i heard two or three admin people on the radio today describing the bbba as an inflation fighting vehicle, which is both lol and also maybe a hint of some inability to move manchin?  i assumed they were just rolling with the news of the day, but maybe it is something more.

With a limited number of legislative days left in the year, Manchin is content to focus on other issues that need to be addressed, Axios is told.https://t.co/xCCSSRSU1w

— Axios (@axios) November 11, 2021

[Kat Kid]

I want my new GM Bolt Biden!

[kim carnes]

For whatever reason I could see manchin bailing on BBB.

[MakeItRain]

For whatever reason I could see manchin bailing on BBB.

He's given plenty of reason to think this should be an expectation.

[sys]

I want my new GM Bolt Biden!

Of note: Manchin is telling people he likes the general idea of supporting electric vehicle production.

But he hates the parts of the BBB budget bill that discriminate against producers in his state.

TBD: What form his opposition takes. Of note, his friend and fellow

— Alexander Panetta (@Alex_Panetta) November 12, 2021

[kim carnes]

I’d go so far as to say the union provision is unethical

[sys]

it'd be great if he mumped the unions, but that's not really the way he leans.

[sys]

thank you, senator manchin, for fighting for more expansive electric vehicle credits for all americans.

Democrats could drop a special add-on tax credit for electric vehicles built with unionized labor, instead allowing a higher credit for all U.S. manufactured electric vehicles, Neal says.

That and more in today's reconciliation update:https://t.co/rJczuIAdV4

— Lindsey McPherson (@lindsemcpherson) November 17, 2021

[Kat Kid]

Manchin is holding out to get a carve out for Toyota in WV, which fine. The bigger wildcard is Sinema who I think loves having people mad at her and being a spectacle so may pull a McCain and just tank the whole thing last minute for completely inscrutable reasons.

[sys]

The bigger wildcard is Sinema who I think loves having people mad at her and being a spectacle so may pull a McCain and just tank the whole thing last minute for completely inscrutable reasons.

nah.

[kim carnes]

I’ve seen a hundred hit pieces on raising the salt cap over the last week and it’s really getting under my skin.  They better not cave.  It’s not a giveaway to the rich, it’s a give away to people who pay a lot of salt.  Anyone with a brain knows the pubs added the salt cap to try and drive high earners out of blue states and it has worked to some degree.

[Justwin]

I’ve seen a hundred hit pieces on raising the salt cap over the last week and it’s really getting under my skin.  They better not cave.  It’s not a giveaway to the rich, it’s a give away to people who pay a lot of salt.  Anyone with a brain knows the pubs added the salt cap to try and drive high earners out of blue states and it has worked to some degree.

It's a giveaway to the rich.

[kim carnes]

Anyone who has a problem with salt relief is a clown