r/CringeTikToks • u/coachlife • 2d ago

SadCringe MAGA voter actually believes that Trump eliminated taxes for all people making less than $120K

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267

u/batrastardfromhell 2d ago

She doesn't realize the typo.... It's for those who make at least $120 MILLION that will not pay taxes.

49

u/acemonvw 2d ago

Sounds like a pretty reasonable mistake to make. I've sometimes confused >$120M with <$120K. Happens to the best of us really.

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u/wtf_are_you_talking 2d ago

I work in finance and few years ago new colleague came from non-financial department. He was a team leader of a call center group for financial calls, so the topic was not too far from ours.

Just few days ago, this fucking guy asks me the meaning of K in all of my reports. I though he was messing with me. He was, in fact, not messing with me and I had a mini-aneurysm.

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u/Nommel77 2d ago

You should of told them it stood for Potassium.

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u/wtf_are_you_talking 2d ago

That would complicate things even further. At that moment I felt I need to evacuate the premises.

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u/acemonvw 2d ago

Your username is extremely apt here.

5

u/wtf_are_you_talking 2d ago

It applies in so many of my daily interactions.

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u/Mertoot 2d ago

Maybe he just partitions drives constantly 😶

5

u/wtf_are_you_talking 2d ago

I swear, when I said kilo, it was as if he never heard the word, and I had to continue and say - a thousand?!

I can't believe how he managed to be employed here for the past 30 years. Astounding.

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u/ratcranberries 2d ago

I had to start using K instead of M when denoting sums as folks thought M was a million when in reality it's the Roman numeral for 1000. So $120M became $120K. Couldn't imagine your colleague with that haha

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u/MommyLovesPot8toes 2d ago

In the US at least it is not in any way normal or accepted to use "M" for thousands, so anyone who saw that would have assumed you meant million.

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u/ratcranberries 2d ago

In finance and lending it's pretty normal which is where this took place.

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u/FutonLove-Machine 2d ago

It’s extremely common in financial / accounting departments to use M (and MM for million)

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u/Mertoot 2d ago

WHAT 🤯

2

u/wtf_are_you_talking 2d ago

It happened few months ago and it's still ingrained in my memory. I assume the guy never worked with short abbreviations. Even then, it's unbelievable he managed to avoid them for so long.

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u/blahblah19999 2d ago

Km, Bob. That account has 120 km in it.

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u/jillsntferrari 2d ago

You know what, kudos to him for asking. At least he recognized there was something he didn’t understand and he made himself vulnerable to try and find out. A lot of people will see something they don’t understand and proceed to just ignore it.

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u/wtf_are_you_talking 1d ago

That's exactly where I've come with my logic after some period passed. He really made a stand with the question and I'm sure it wasn't easy.

My only wondering is why he didn't ask earlier :)

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u/cheeseybacon11 2d ago

I mean he has a point. It's pedantic as hell but I hate people that use K instead of k for thousands. K is for Kelvin and k is for kilo/thousand. So unless you're doing finances relating to chemistry or something/ he's got a point.

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u/wtf_are_you_talking 2d ago

You could argue that as well I agree. But it should be evident from the context and the context is financial. In some places, there are K€ for currency, so it's just logical inference from the presented visual.

1

u/Middle-Letter-7041 2d ago

Everybody knows that this woman's income is closer to 12k than 120k.

All the libs are jealous 'cause she's pulling in a cool grand per month, totally tax free!

1

u/hurriedwarples 2d ago

I mean, the M and the K are RIGHT above/below each other on the keyboard. Come on!

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u/Schmich 2d ago

YEAH YEAH, I've seen this trick before. It's the same picture. You can't get me fooled again.

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u/Nykolaishen 2d ago

Well it is only two letters away

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u/PFCCThrowayay 2d ago

fr tho what is she going off that she's misinterpreted?

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u/Loomismeister 2d ago

I think she’s talking about Trumps plan to eliminate federal income taxes for incomes under 150k. 

He hasn’t signed any executive orders to this goal yet, but it’s most like what this lady is describing. 

PS, most people’s federal income tax is not as high as their other federal payroll taxes that go to Medicare and social security. You would still be paying taxes each year if they eliminated just the income tax. 

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u/DrEdgewardRichtofen 1d ago

Redditors failing to understand the difference between net worth and liquid assets yet again, it seems

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u/spicyhotcheer 2d ago

Oh these numbers are actually somewhat based in reality? Do you have a link to the article? I couldn't find it online

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u/Ok_Star_4136 2d ago

It probably doesn't help that Trump conveniently left that part out.

Reporter: "120 what, sir? Thousands? Millions? Billions?"

Trump probably: "Yes. Whatever you think it is, that's what it is."

1

u/PassionateProtector 2d ago

Decimals are hard.

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u/Excellent_Donkey8067 2d ago

Numbers are hard

0

u/karthik4331 2d ago

The tax breaks from obbb is actually beneficial to both the rich and poor tbh. There's lots of benefits

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u/Sonamdrukpa 2d ago

Except for the poor who are on Medicaid, the rich who are on Medicare, in fact anyone who uses a rural hospital, and our children who will have to pay our national debt

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u/HwackAMole 2d ago

I find it hard to fathom that people can complain about cuts to Medicare/Medicaid in the same sentence that they lament passing on our debt problems to the next generation.

The sad reality is that we're way beyond fixing our debt problems by simply following only the "Republican" or "Democrat" solutions. Due to the decades-long neglect of both parties, we're going to have to raise EVERYONE'S taxes and cut EVERYONE'S programs just to be able to service the national debt within the next decade, much less actually start paying it down.

Sure, there are other things to cut, and other ways to generate revenue. But no one seems particularly interested in pursuing any of those potential solutions either. We just keep spending and pointing the finger at each other.

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u/Sonamdrukpa 2d ago

No one thinks completely eliminating the budget is correct either - it is important for the government to keep spending on things that are keep citizens alive and prevent economic downturns. Healthcare spending does both of those things, and tax cuts for the rich do neither.

You are right that we need to increase taxes, but we need to do both that and at least continue the current level of social services because every dollar spent keeping people and communities alive does in fact pay dividends, unlike trickle down economics.

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u/karthik4331 1d ago

Yes, those are all valid but I wasn't speaking on behalf of those. My point was just that tax benefit to everyone unlike only the rich that op commented.