Theres about 0% chance of this happening without something totally catastrophic being bundled alongside it, like allowing creditors to come into debtors homes and beat them with sticks.
I’d consider taking one beating vs 25% interest forever.
I’m thinking they want to put discharging debt on the chopping block.
Strange how every time somebody takes an idea Republicans spouted that would actually help people, and decide to run with it, conservatives suddenly aren’t so keen on the idea anymore.
What about this makes you think they aren’t? Let’s be real, Trump hasn’t even had a chance to renege on this promise yet, since he won’t be president for another two months.
What about this makes you think they aren’t?
Because he’s a compulsive liar and a Republican.
I know Bernie is being polite and playing politics, but let’s be honest: Trump keeping this promise is about as likely as Hell freezing over.
It’s not polite, it’s calling him out. Trump will say/lie about anything. At one point Trump said exactly this. He didn’t mean it, he just said some shit.
Bernie is repeating his own words because occasionally Trump says something good without any intent to follow up.
So Bernie is taking him at his word. He knows Trump will never do it, but if he can call the hypocrite out and trick him into agreeing, why not?
To want to talk about 4D Chess? There it is.
I guess we’ll see, but I think we can all appreciate his willingness to go straight to brass tacks and hold Trump’s feet to the flame while the entire Democrat Party leadership is still busy clutching their pearls.
Yeah I was gonna say this reads like “no balls”
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If you somehow failed to detect the sarcasm that comment was absolutely dripping with, that’s on you.
Goddamn I fucking love Bernie.
Even 10% is absolutely insane, especially with the ability to directly syphon their income.
Bernie calling out bullshit yet again.
Trump promises require GOP to back him up to ever get close to being implemented. GOP have always voted against bank regulation/extortion limiting. People earning tips are not big GOP donors, so fuck them. Taxes on SS are only paid by richest SS earners, but GOP have been going around on trying to get overall SS cuts.
Any promise not Project 2025 is politician lip moving meant to bring Project 2025.
Since trump’s party controls the entire gov right now he is going to be pissed when he learns he can’t blame his failures on the dems for most of the country.
He absolutely still can, his voting bloc is full of low information voters that just want validation for the racist/misogynistic hate they feel
Key dem senators were bribed to sabotage Biden’s climate and other agendas. Confirmations for any anti pharma/war cabinet picks are certainly bribable. Gaetz is no problem, even if fuss made, though. There is some hope that the stupidity of destroying EVs and IRA gets blocked. Spending $1T to deport millions is going to have lobbyists intervene too.
Watch him do it anyway.
I hope you are wrong
Somehow I don’t think Mr “Pro-Business” will hamper banks’ efforts to fleece us.
Is Burnie trying to duck season rabbit season Trump? I’m actually curious to see if this works
Yeah. One never can tell which way old men with possible dementia will twitch.
Hell, maybe he’ll have a stroke and wake up with integrity and a conscience. Weirder things have happened to nicer people, after all.
Imagine that, scooping up cold butter on a spatula and slapping it indiscriminately on your partner’s exposed butt.
Go on…
Next the step involves a little setup before hand. You use microwaved butter and a funnel, then drizzle it while its hot.
Room temperature butter is superior in both sound and splatter.
Agreed.
I’m not sure I want to imagine that in this context. Other contexts, no problemo. Just not this one.
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You don’t?
Why doesn’t Bernie understand Trump was just joking when he said that?!
Talk about owning the libs!
Bernie can’t even get a joke!
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Just like all that election fraud stuff. Totally joking guys. Got you good eh?
Bernie can’t even get a joke!
I hope you are joking.
Might be my background - lived half my life in a country where credit cards are interest-free for religious purposes - but 10% still seems insane.
Compare that to the ~30% I’ve seen, that’s sadly an amazing shift (lol, which won’t ever happen with the fascist caucus), but I commend Bernie for trying.
I’d never heard of this, how do the banks make any money on the card, annual fees or something?
They already make 2-3% on every purchase
That’s a good point - there are transaction fees that could support the business. And we even inflate those with cash back and other rewards
No, they don’t charge higher transaction fees in order to pay those reward rates, they just give up on making any profit from that and instead try to profit from charging interest. Which of course is disproportionately paid from people who cannot actually afford it.
Which is an insane return by itself if people use their cards for everything, as they do in the US.
No, we had a flat annual fee for usage. There was a fee for withdrawing cash but no making purchases.
The merchant is charged the fee, not you directly as the cardholder. It’s already figured into the price if they accept cards.
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Credit cards companies have a merchant fee, ussually around 2%.
It was illegal for vendors to charge a fee for card purchases, so if that was the case then they maybe just raised their prices.
Iirc, surcharging is only illegal in 4 states. However, theres a loop hole in thise states, giving a discount on cash purchases arent considered a surcharge…
Processing or transaction fees. Anytime you use your card for a purchase the bank gets a cut of that. This fee can range from .1% to 4%, depending on the credit card processor.
Yes, we had a flat annual fee for use.
Which country has interest free credit cards due to religious purposes? I googled it but did not find anything.
Usury is forbidden (haram) in Islam, so many Muslim majority countries do in fact do this.
I know that is how Saudi Arabia works. Other sharia countries do the same too, from what I am to understand.
Malaysia and Indonesia come to mind.
ha ha ha ha ha ha riiiiight good one bernie
If Dems all act eager to act on Trump’s actually good promises (untaxed tips for instance), it’ll bite the GOP that much more when he backs out of those promises
I hope so, but they’ll just blame the Dems anyway and their core voters will just believe it.
The core voters are lost forever. Fuck them, don’t think about what they’re going to do.
That’s literally never worked. I mean I get the idea, but it’s literally never worked because republicans get elected predominantly by the deliberately uninformed.
Hey biscuit
You forgot the butter.
What good things that Trump did promise? I am surprised that he promised this even though we know that it won’t happen.
Populists promise lots of good things; it’s just that most ring-wing populists tend to have their fingers crossed behind their back.
How anyone could trust a man that cant even pay his contractors is beyond me.
According to their fucked-up logic, not paying his bills makes him smart because he’s saving money!
Never mind that the types of people he refuses to pay tend to be working stiffs. 🤦🏻♂️
It’s not about right wing or left wing populists. All populists lie because the only thing they want is to see their face on TV and to be in power.
I work blue collar, and lots of us are hopeful he will do the tax free overtime. I think he was just saying that, and I didn’t vote for him, but that would be game changer.
Would it be a game changer? It means you can do overtime without being taxed for it, right? Or maybe less taxed.
That sounds like a quick and dirty way to exhaust the population even more in order to keep the bread and circus going on.
So you got the folks working 60-100 hours a week then because it makes them a lot more money, so they are just slaving their life away. Wouldn’t a better fix be raising minimum wages?
That’s what capitalists want, workers racing each other to the bottom.
What’ll actually happen under the Trump administration is that companies will be allowed to force mandatory overtime during the times they want it, and then cut your hours through the rest of the month so that your average hours are still less than 40.
What I’d like is some changes in loopholes. I worked 60-100 weeks at a movie theater as a young adult, and didn’t get overtime pay because it was the “entertainment industry.”
What people misunderstand about the tax brackets is that your entire income doesn’t get moved to a higher bracket. It’s only the income in excess of it.
So for example, let’s say you had $50,000 of taxable income in 2024 as a single filer, you’d pay 10% on that first $11,600 and 12% on the chunk of income between $11,601 and $47,150. Then you’d pay 22% on the remaining $2,850 that falls into the next tax bracket. The total bill would be about $6,053 — about 12% of your taxable income — even though your highest bracket is 22%. And this example doesn’t take into account the standard deduction.
Bottom line, this won’t save people as much as they think it will. Usually the person in the example simply complains “I’m paying 22%” because it always feels like the paycheck isn’t enough.
I’m not the person you’re replying to, but though I agree that raising the minimum wage would be helpful, plenty of people are working overtime as is, even if they make more than 15/hr just to make ends meet. Plenty of people are working overtime for 20-30/hr. Would their wages go up if minimum wage went up? Maybe, but likely not and there’s certainly no guarantee. Plus, several states already have 15 as the minimum so it wouldn’t really matter to them.
I’m a dem voter, and obviously there are much better ways to help people than tax free overtime, but I understand why that would be appealing.
it’s been long enough that minimum wage should be $25/hr anyways
Smart workers then get contracts that specify anything over two hours a week is overtime.
not how that works
What good things that Trump did promise?
Flying cars.
I’m not joking.
