'Epic Fury' has already canceled out Big Beautiful Bill's tax refunds — even if the Iran war ended today

[Marener]

A deal that lets Iran build nukes.

NOT a good deal.

How were they supposed to build nukes without highly enriched uranium?

 

[Mashmont]

Obama landed a deal. Trump started a war.

Who do you think is better?

0bama's incompetence led to the necessity for Trump to intervene.

 

[Marener]

0bama's incompetence led to the necessity for Trump to intervene.

Iran has highly enriched uranium because of Trump.

 

[Concerned American]

Gee theres no waste in the budget at all is there..........oooooops

Last week the OP was whining about all of the BBB's tax refunds going to the top 1%--now he's whining because that same top 1% isn't getting their refunds. This guy would whine if Trump dropped a million bucks in his pocket.

 

[EvilEyeFleegle]

Waaahhh!!! Cry me a ******* River. Your gas price went up $0.50. Big ******* deal. That’s more than a reasonable cost for working to return Iran to proper rulership.

Actually, as of this morning, gas prices in Twin Falls Idaho have added a solid dollar to their price.
As to giving Iran a proper rulership...Iran is no threat, IMO.

After all, did not the President of the US swear that we had destroyed Iran's nuclear capability?
I mean, if you can't trust the President--who can you trust?


Exactly--nobody~

 

[EvilEyeFleegle]

Last week the OP was whining about all of the BBB's tax refunds going to the top 1%--now he's whining because that same top 1% isn't getting their refunds. This guy would whine if Trump dropped a million bucks in his pocket.

Do show me any post, by me, about the BBB?
Oh, and where, exactly do you see, in my posting that our tax gains have been wiped out by Trump's war, anything about the 1%?
As far as I can see, unless I own oil shares, just how Trump is dropping any money into anyone's pockets?
Quite the reverse, actually.

You're an idiot~

 

[mudwhistle]

The money that Obama sent to Iran was the Iranian Government's own money, that had been held in American banks since 1979. NONE of that money came from American taxpayers.

https://armscontrolcenter.org/wp-content/uploads/2016/10/Fact-check-iran-deal-1.pdf

That's horse shit.

Iran kidnapped our diplomats.

We didn't owe them a wooden nickle.

Why in the **** was it so important for that POS Obama to send all of that cash to Iran?

Because he's a terrorist supporter who turned over Top Secret technology to our enemies.

 

[mudwhistle]

Actually, as of this morning, gas prices in Twin Falls Idaho have added a solid dollar to their price.
As to giving Iran a proper rulership...Iran is no threat, IMO.

After all, did not the President of the US swear that we had destroyed Iran's nuclear capability?
I mean, if you can't trust the President--who can you trust?


Exactly--nobody~

Iran still had tons of weapons grade uranium not suitable for anything other than weapons use.

 

[Marener]

Iran still had tons of weapons grade uranium not suitable for anything other than weapons use.

Not under Obama. They got highly enriched uranium because of Trump.

 

[Concerned American]

Do show me any post, by me, about the BBB?

LOL, you did read the title of the OP didn't you?

 

[EvilEyeFleegle]

LOL, you did read the title of the OP didn't you?

The thread..is about the refunds..and the price of gas--not even remotely about the BBB..except peripherally.
You DID read it, right?

 

[Zincwarrior]

Kegseth announced Pentagon wants 200 BILLION DOLLARS. To cover the war. ****!

 

[Concerned American]

The thread..is about the refunds..and the price of gas--not even remotely about the BBB..except peripherally.
You DID read it, right?

Apparently you choose to ignore words 7, 8 and 9 in the title. BTW, thank you for at least recognizing it --- if just 'peripherally' LOL

 

[Anathema]

Actually, as of this morning, gas prices in Twin Falls Idaho have added a solid dollar to their price.
As to giving Iran a proper rulership...Iran is no threat, IMO.

After all, did not the President of the US swear that we had destroyed Iran's nuclear capability?
I mean, if you can't trust the President--who can you trust?


Exactly--nobody~

A dollar. So what?

Everyone is a threat. We have no Allie’s, nor should we want any. Iran refused to bend the knee. They should be obliterated.

 

[22lcidw]

It seems that there's a price to be paid for fighting Israel's wars for them.
Oh well...at least big oil benefits--as usual.
The rest of us, not so much.

I note that this article only talks about gas prices..if one factors in increased shipping costs being passed on to the consumer...it's clear that the consumer is getting screwed again.

https://www.marketwatch.com/story/epic-fury-has-already-cancelled-out-big-beautiful-bills-tax-refunds-even-if-the-iran-war-ended-today-cf8ed3fa

It’s been quite an eventful 24 hours, with Israel striking an Iranian gas field, Iran replying with an attack on the world’s biggest liquefied-natural-gas facility in Qatar, and in between Federal Reserve Chair Jerome Powell ducking and weaving on questions about what the war will mean to the economy.

But it sets up the backdrop for an analysis done by four economists at the Stanford Institute for Economic Policy Research on the impact of the war on the wallets of Americans.

They compare the tax refunds stemming from the One Big Beautiful Bill Act — that giant piece of tax legislation passed last year — with the surge in gasoline prices.

The Internal Revenue Service has data on tax refunds through Feb. 27. They’re up, on average, by 11%, which is a benefit of $360 per filer compared with the same period of 2025. Outside estimates expect the average tax refund when all is said and done to be even higher. Morgan Stanley says $534 higher and the Tax Foundation says $748.

Neale Mahoney, Jared Bernstein, Caleb Brobst and Ryan Cummings use the highest number, $748, to compare with what is likely to happen at the pump over the course of the year. Bernstein was the chair of the Council of Economic Advisers in the Biden administration, and Cummings was an economist at the White House between 2021 and 2023.

Using a simple model of the pass-through of crude oil to retail gasoline prices, the Stanford economists conclude that households will pay an extra $740 in gas costs this year.

They use two estimates from Goldman Sachs on the direction of Brent oil futures, one taken before the war and one taken after. The key thing here is that even the new Goldman Sachs estimate forecasts a three-week Strait of Hormuz closure. Given that Thursday marks the 20th day of the conflict, that means the war basically needs to end right now for even the newer Goldman forecast to hold true.

So, it leaves the lower classes wide open for you to give them massive tax cuts. And do it without removing the Trump tax cuts or it means little.

 

[Dekster]

It seems that there's a price to be paid for fighting Israel's wars for them.
Oh well...at least big oil benefits--as usual.
The rest of us, not so much.

I note that this article only talks about gas prices..if one factors in increased shipping costs being passed on to the consumer...it's clear that the consumer is getting screwed again.

https://www.marketwatch.com/story/epic-fury-has-already-cancelled-out-big-beautiful-bills-tax-refunds-even-if-the-iran-war-ended-today-cf8ed3fa

It’s been quite an eventful 24 hours, with Israel striking an Iranian gas field, Iran replying with an attack on the world’s biggest liquefied-natural-gas facility in Qatar, and in between Federal Reserve Chair Jerome Powell ducking and weaving on questions about what the war will mean to the economy.

But it sets up the backdrop for an analysis done by four economists at the Stanford Institute for Economic Policy Research on the impact of the war on the wallets of Americans.

They compare the tax refunds stemming from the One Big Beautiful Bill Act — that giant piece of tax legislation passed last year — with the surge in gasoline prices.

The Internal Revenue Service has data on tax refunds through Feb. 27. They’re up, on average, by 11%, which is a benefit of $360 per filer compared with the same period of 2025. Outside estimates expect the average tax refund when all is said and done to be even higher. Morgan Stanley says $534 higher and the Tax Foundation says $748.

Neale Mahoney, Jared Bernstein, Caleb Brobst and Ryan Cummings use the highest number, $748, to compare with what is likely to happen at the pump over the course of the year. Bernstein was the chair of the Council of Economic Advisers in the Biden administration, and Cummings was an economist at the White House between 2021 and 2023.

Using a simple model of the pass-through of crude oil to retail gasoline prices, the Stanford economists conclude that households will pay an extra $740 in gas costs this year.

They use two estimates from Goldman Sachs on the direction of Brent oil futures, one taken before the war and one taken after. The key thing here is that even the new Goldman Sachs estimate forecasts a three-week Strait of Hormuz closure. Given that Thursday marks the 20th day of the conflict, that means the war basically needs to end right now for even the newer Goldman forecast to hold true.

The higher tax refunds were because the IRS overcollected withholdings by refusing to publish new tax tables. It was already the filers' money so there is nothing being "cancelled".

 

[ThisIsMe]

It seems that there's a price to be paid for fighting Israel's wars for them.
Oh well...at least big oil benefits--as usual.
The rest of us, not so much.

I note that this article only talks about gas prices..if one factors in increased shipping costs being passed on to the consumer...it's clear that the consumer is getting screwed again.

https://www.marketwatch.com/story/epic-fury-has-already-cancelled-out-big-beautiful-bills-tax-refunds-even-if-the-iran-war-ended-today-cf8ed3fa

It’s been quite an eventful 24 hours, with Israel striking an Iranian gas field, Iran replying with an attack on the world’s biggest liquefied-natural-gas facility in Qatar, and in between Federal Reserve Chair Jerome Powell ducking and weaving on questions about what the war will mean to the economy.

But it sets up the backdrop for an analysis done by four economists at the Stanford Institute for Economic Policy Research on the impact of the war on the wallets of Americans.

They compare the tax refunds stemming from the One Big Beautiful Bill Act — that giant piece of tax legislation passed last year — with the surge in gasoline prices.

The Internal Revenue Service has data on tax refunds through Feb. 27. They’re up, on average, by 11%, which is a benefit of $360 per filer compared with the same period of 2025. Outside estimates expect the average tax refund when all is said and done to be even higher. Morgan Stanley says $534 higher and the Tax Foundation says $748.

Neale Mahoney, Jared Bernstein, Caleb Brobst and Ryan Cummings use the highest number, $748, to compare with what is likely to happen at the pump over the course of the year. Bernstein was the chair of the Council of Economic Advisers in the Biden administration, and Cummings was an economist at the White House between 2021 and 2023.

Using a simple model of the pass-through of crude oil to retail gasoline prices, the Stanford economists conclude that households will pay an extra $740 in gas costs this year.

They use two estimates from Goldman Sachs on the direction of Brent oil futures, one taken before the war and one taken after. The key thing here is that even the new Goldman Sachs estimate forecasts a three-week Strait of Hormuz closure. Given that Thursday marks the 20th day of the conflict, that means the war basically needs to end right now for even the newer Goldman forecast to hold true.

Makes me think of all the years past when gas prices rose under dem presidents, they took my refund too!

 

[ThisIsMe]

Well there is all of that money that Trump spends going to Mar-A-Lago every weekend. That could easily be eliminated. If Trump wants to get away from the White House, he could go to Camp David.

There is also the unnecessary destruction of the East Wing of the White House. A "ballroom" is also a completely unnecessary expense. Trump also paved over the Rose Garden.

You could stop Kash Patel from using the FBI jet to fly to his girlfriend's concerts and the Olympics. Then there is Kristi Noem's photo shoot at the El Salvador prison. What did that cost taxpayers???

DOGE was a complete waste of money, costing tax payers millions and saving NOTHING.

I agree. All presidents should only be allowed 2 weeks vacation per year!

Also the ballroom is not using taxpayer money.

 

[Hector12]

The concept of any Democrat caring one whit about fiscal responsibility is among the more hilarious things I've ever read.

Republicans lost any claim to fiscal responsibility when they cut taxes for the rich while raising military spending.

 

[ThisIsMe]

and right wing terrorists roaming the streets attacking protestors, while Trump cheered them on.

Prove that. Let’s see a link of right wing terrorist roaming the streets attacking protesters