SNAP

PM_STOCKS_TO_BUY

me: XLF calls red SNAP calls red TEM calls red

IntradayGuy

Never disputed that figure, 60%? who cares if its 60%? what is the total application number? what is the demographics and reason disability is being claimed? Honestly its probably a pretty healthy rate like SNAP denials and other assistance things, I'd be more worried if it was 6% or 16% I agree its porbably to high and there is a happy medium but just with your figure your saying 1/2 people are being approved... Do you know how bad our society is and how many people are taking advantage of stuff period? Rich, Poor, Middle alike and lets be clear poor is just a label its not a disease or a condition alot of people are poor but if you look at life choices and dig into it they dont want to talk about that.. I dont see how weather I have seen that "fraud" in prison or out of it how it changes how valid it is, my buddy collecting the 3k a month through the military wasn't in prison. The system I was in has 90-100k in and out every year with a total of 130k incarcerated at one time , I am a normal person in society now making upwards of 6 figures now depending on the year with my skills so I fail to see how I can't speak on this issue

defervenkat

SNAP

Kommandant_Milkshake

Well he’s also typically off by a little on his price predictions. He predicted 50x returns on his last play, but the most you could have gotten was ~40x. Also, with the SNAP play he predicted like $9.50 and it never got past $9.20. So I typically take his predictions for +/- 15% of the number he gave.

No-Statement-452

Bol Noose THE SNAP will be a sonic boom.

Soossaaaa

RDDT is not a social media play it's a data play - they have no path to performance advertising and are an utter failure at lower level outreach. SNAP is an actual social media company.

Foreign-Coconut3500

Tax the rich more? LOL They already cover a massive chunk of IRS revenue. Yeah, let’s hike it up so they become Moroccan expats. LMAO. All those bennies, EBT, SNAP, Section 8, Medicaid, **only exist because the rich are footing the bill**. Take them out of the equation, or push them too far? This thing collapses in **90 days**. Poors can’t fund a $6 trillion welfare state. Math doesn’t care about feelings. No rich tax = no checks. No checks = **chaos.** Riots, looting, neighborhood militias. Dollar General turns into **Fallujah** by week six. the rich are not heroes. but **that's** where the fucking money is. lets not pretend the US govt isnt reliant on their money and able to give hand outs to poors without it.

GoodLittleDancer

If you think reducing SNAP funding impacts food sales (it does)

After-Imagination-96

Pretty sure most or all of the SNAP and Medicare cuts are happening in 2028

SatiricalNation

Turns out the bill takes taxpayer cash from the Treasury and injects it into the stock market, so guess who benefits most? The wealthy. You can’t touch the money until your child turns 18, and even then, withdrawals are tightly restricted to things like education, a home, or business startup. Plus, any unclaimed money rolls back to the government. Meanwhile, they cut over $1 trillion in Medicaid, SNAP, and other vital programs for working families to pay for this and the same coworkers who cheered it can’t answer a single basic question about how it actually helps regular people. It’s politics 101: wrap tax cuts for the wealthy in feel-good fluff, distract with shiny freebies, and hope nobody checks the fine print. I just can’t believe how easy it still is to bamboozle people with this obvious grift.

letters-_

Yeah but this doesnt help people afford kids. If they wanted that they would pass laws that assist with child care, or help to feed the children. 1k that they can't touch doesnt do jack for struggling parents the way SNAP would.

Reasonable_Roger

The tariff revenue isn't really tied to the BBB. The congressional leadership and white house promised sun and moon to the hardcore deficit hawks in the house and senate both. People like Ron Johnson, Chip Roy, and that pervy looking guy from Maryland. Who knows what they promised them.. increased tariff revenue, executive orders to cut spending, rescission packages to claw back already approved spending.. a ton of shit with specifics that nobody is really privy to. The BBB is not an appropriation package. It had some one-off money for DHS (Ice) and defense, set terms for Medicaid and SNAP, etc.. but it doesn't actually set spending levels. That is done through appropriation bills and omnibus spending bills. We haven't fully passed all appropriation bills since the 1990's. We just limp along from one omnibus bill to another continuing resolution (which continues spending same as it's been, maybe with like a 1% cut, or 1% increase or whatever). Those are what's being debated when we run into possible government shutdowns. They require 60 votes in the Senate to pass, so they have to be at least partially bipartisan. Tariff's don't really impact those either. Tariff revenue is just kind of bonus. No one knows how much it's going to be month to month and it's not really related at all to the BBB, budget reconciliation packages, appropriation bills, budget continuing resolutions, or omnibus spending bills.

Alienblob1

SNIP SNAP SNIP SNAP SNIP SNAP You have no idea the emotional toll …

ReindeerTypical2538

Even when their local hospital closes and they have their SNAP bennies cut they’ll still vote Republican because they want to keep that one trans girl in their state from playing on the girls fencing team or some shit.

LMurch13

Here's what chatgpt came up with. Upsides in the “One Big Beautiful Bill” for everyday Americans: 🏦 Permanent individual tax cuts – Makes the 2017 Trump tax cuts permanent for individuals, avoiding a 2025 expiration. 💵 No federal income tax on tips & overtime – Boosts take-home pay for millions of service and hourly workers. 🚗 Auto loan interest deduction – Up to $10K/year deductible if you buy a U.S.-assembled car (income limits apply). 🏠 Expanded SALT deduction cap – Temporarily raises the state/local tax deduction cap for families under $500K income. 👶 Child Tax Credit increase – From $2,000 to $2,200 per child, with a higher refundable portion. 🎁 “Trump Account” baby bonds – $1,000 tax-free starter bond for each newborn, with annual contribution options. 👵 Senior tax deduction – New $6,000 deduction for older adults (phases out at higher incomes). Caveats: ⏳ Many benefits (tips, auto interest, CTC bump) expire by 2028. 📉 Cuts funding for Medicaid, SNAP, student loan programs, and green energy credits. 📊 Most of the financial value flows to the wealthy—analysts call it a regressive tax bill. 🧾 Working families may see short-term gains but face long-term losses due to social program cuts.

Foreign-Coconut3500

Roll through National City, Chula Vista, Escondido, Whittier—anywhere with government housing—and peep the parking lots. It’s a mashup of decade-old beater cars and fresh Mustangs with payments bigger than the rent. It’s not a flex, it’s a financial trap. Predatory lenders and government subsidies tag-teaming like it's WrestleMania. You get just enough from WIC, SNAP, and Section 8 to feel like you’re winning, so you sign a $900/mo note on a car that’ll be gone faster than your tax return. And let’s be real: moms in these neighborhoods aren’t marrying their partner because if they do—*poof*, there go the benefits. The system basically whispers: “Don’t make a dollar more. Don’t improve. Don’t try stability.” So people stay frozen. Stuck in survival mode. Kids grow up thinking that’s the only way. Multi-gen poverty on repeat. But yeah, tell me again how they’re “gaming the system.” They’re not gaming it. The system’s gaming them. And it’s rigged from jump.

AnoAnoSaPwet

They just made all the DOGE cuts to **VITAL PROGRAMS**, all these Medicare/Medicaid/SNAP cuts, which could be seen as a legitimate deficit saver, to give all the countries richest people a tax break, and actually raise taxes on the poorest Americans. They deserve to be shot. 

RoyalBlue816

TSLA: SNIP SNAP SNIP SNAP. Just dump the tea Elon quit being a pussy 😂

bmp5046

RGTI and SNAP my best investments today lol

Wildbirddog

It will balance out now that people on SNAP actually have to work to earn it. No more freeloaders.

cresstheory2016

How when he just cut funding for SNAP??

ConversationPale8665

Yeah, I’m sure you could make a rule that soda and other unhealthy items should be excluded, but I would assume the beneficiaries would just shift their purchasing around to pay for whole foods with SNAP and their own money for soda and other unhealthy items.

ConversationPale8665

SNAP certainly contributes to higher prices due to increased demand, but I would not say that it’s THE reason. Regardless, from a pure stock perspective, these stores, food suppliers, and even transportation stocks will likely take a hit due to the reduced demand for products that can be purchased with SNAP benefits. You’d probably be surprised how many people that you know who have depended on this program at some point in their lives.

jakadamath

> 1. “Massively expanded executive powers.” Do you think that a fire cracker is the same thing as a nuclear bomb because they both explode? Trumps expansions of the executive are beyond comparison to any president in the past 75 years. Let's start with the supreme court ruling on immunity for official acts. Under the ruling, it forbids using an official act—even to show motive—in a criminal trial. This opens the door for the president to legally commit extortion and bypass federal laws like the Hobbs Act. e.g. Trump could threaten to withhold Congressionally approved aid unless a foreign leader delivers dirt on a political opponent. Foreign Aid = Official Act = Presumptive Immunity. This also opens the door to Obstruction of Justice, market manipulation, insider trading, etc. This wasn't a clarification of existing law, this was a re-envisioning of the executive office to be above the law. Hell, if this supreme court was around when Nixon was president, he wouldn't have needed to resign! Trump's administration is doing everything it possibly can to sidestep Congress's line-item authority. National-emergency transfers, ICA recissions, across-the-board freezes. Now the president can just override congress by calling anything and everything a national emergency. And just for good measure, another ruling by the supreme court, Trump v. Casa, curtails one of Congress's few remaining mechanisms for subduing executive overreach. > 2. “Dumbest trade war ever.” Was it messy? Sure. But calling it the dumbest ever ignores the context. The U.S. has been hemorrhaging leverage to China for decades. I didn't realize we only started a trade war with China. Let me check how many countries we raised tariffs on. Oh, interesting, it's *every fucking country in the world*. Even countries that aren't tariffing us. If there's one thing you respond to, I want it to be this: Why are we shitting on Canada, our closest ally, by imposing a 20 - 25% tariff rate on them when 1) Trump negotiated NAFTA, and 2) Their historical tariff rate on American goods has been <2%? > “BBB gives massive handouts to the top 1%, increases poverty” Show me where. CBO predicts the wealthiest households will see an average annual gain of $12,000 a year, on average. The poorest households will lose about $1,600 when factoring in lost Medicaid, SNAP, and tax-credit dollars. The average tax cut for the top 1% is roughly $60,000 - $70,000 in 2026, while many low-income families will often see no net tax cut. https://www.opb.org/article/2025/06/20/what-children-in-poverty-could-lose-from-the-big-beautiful-bill/ KFF projects 12 million people will lose Medicaid, and most of those people are low income. https://www.axios.com/local/dallas/2025/07/06/texas-trump-big-beautiful-bill-medicaid?utm_source=chatgpt.com You're making a classic trickle down economics claim that the bill will generate enough growth that everyone will benefit. For that to be true, two key conditions must be met: The growth must be large enough, and the growth must be inclusive. i.e. GDP must rise enough to generate major job creation or wage gains. And those jobs will be available for low-income people while also raising their wages. Without both, you get "unequal" growth. e.g. the 2010's saw moderate growth but wages stagnated, inequality rose, and poverty didn't move. The CBO and Tax Foundation projections of the BBB show modest growth effects. Not the kind we would need to reduce poverty in any tangible way. Probably because rich households *already* have high savings rates, and giving them more will lead to more passive investments than it will job creation.

RaisinHider

I mean, companies will increase prices to recoup the losses (except maybe Costco) and that will drive the prices higher. Govt will be able to say, “Look at the no effect SNAP caused.” Add a bunch of fake stats to prop up the argument. Done!

YolkToker

You're right, its about 10% to that crap, what I was thinking of was the USDA report that it was junk food as a whole that took up a quarter of SNAP spending (drink, candy, desserts, and salty snacks)

innocentchild2

Will the no tax on tips and overtime offset new SNAP requirements?

Own_Arm_7641

Puts on SNAP?

Ambitious-Strength28

SNAP spending is the reason WHY groceries are so high. Biden was dulling out extra food stamps to everybody & those who had kids got another payment in the summer. P-Ebt I believe it’s called. Basic supply and demand. My SIL was getting about $150 or so a month as a single person and then from 2020-2023ish till she moved it almost doubled to $296. They did that for everybodyyyyy + those who have kids. 2022 saw a significant jump in operating expenses, rising by 24.45% from 2021 to $5.997B.

FUBOSOFI

SNAP benefits cut? Puts on snack and soda companies

fomoandyoloandnogrow

Imagine thinking in Ancient Rome taking away the daily bread rations for the poors is a good idea. Now also go read what they did to food stamps and Medicaid “Analysts project that millions of people could lose SNAP benefits due to the tightened work requirements and reduced funding. Some projections indicate that more than 2 million people could be cut from SNAP, and over 5 million people live in households at risk of losing some food assistance” Probably a year or two away now from the poor rioting

leafydan

More like 10% of SNAP benefits are spent on sugary beverages

YolkToker

Anything really that inflated its prices knowing that SNAP users don't give as shit about prices. Walmart, KO, PEP, anything in that category of overpriced garbage. Without them in the store to also buy their other goods, expect normal retail in Walmart to sink as well.

maxmcleod

Dang I looked up the numbers thinking SNAP was just a small part of consumer spending but according to google SNAP spending represents 24% of total US consumer spending on packaged goods. That’s crazy! https://www.supermarketnews.com/foodservice-retail/study-snap-customers-weigh-heavily-in-grocery-purchases

ConversationPale8665

I think the hits to SNAP and food assistance will be a big negative to retail and consumer staples. This would likely include grocery stores and food stocks, but could also impact fast food as people have less disposable income for food outside of basic needs. Essentially, wealthy people aren’t going to take their big tax break and spend it on food, but poor people who’ve lost snap benefits will certainly buy less, buy cheaper, and probably resort to other means like growing food, relying on churches and local food banks, or just flat out stealing food. Super depressing to think about, I know. This will also trickle through the grocery and food industry with layoffs. Food assistance money is a huge benefit to retail grocery that is now seriously reduced.

Soaring_siren515

Proves Trump has ALWAYS been about himself. He uses people to get power. Once he has it, your purpose is done, just like how he betrayed his voters.I promise...the majority were on Medicaid, Medicare or received SNAP.

Grundens

15 cents of every tax dollar goes towards Medicare. 1 cent goes to snap.. 39% of participants in SNAP were children  And 79% of SNAP households included either a child, an elderly person, or someone with a disability, and these households received 83% of total benefits  social security we pay into, to draw out of when we retire, so.. you sound regarded. 15 cents of every tax dollar goes to defense. your solution to homelessness is colder than your wife when you try to turn her on. most homeless have mental health issues. a huge chunk of which are veterans. but yeah let's just have the garbage men collect the bodies. I suggest you do more international travel and expand your narrow point of view to see how society can function. if the rich(not you) paid their fair share, all this could be funded, without deficit spending. do you have children? because guess what, trumps tax plan ensures our country will cease to function by the time they grow up. by 2030 we'll be spending as much on interest payments as we spend on defense. it sounds like you're a real man though so I'm glad to hear you'll do your part and not use these safety nets if you fall on hard times and won't use Medicare or draw on social security when you retire. stop falling for the smokescreens and misdirection. trickle down economics is a fallacy and slashing services and selling public assets so the rich can have another slice while you get a crumb to shut you up is pretty much kleptocracy.

Foreign-Coconut3500

Bro. Holy shit. You're the only one with a brain here. I salute you for speaking the truth. I have seen this exact thing play out in my Latino low-income communities: Earn just enough to survive, but not a dollar more or you'll get kicked off your government benefits. Have kids young and keep them pumping until you can't anymore. And make sure your kids have kids young too, because they've learned the value of the government dollar: SNAP EBT WIC WELFARE SECTION 8 DISABILITY - everything a total scam to keep people poor forever. You want people to escape the poverty cycle? Giving them checks is not how its done. Teach kids starting in elementary how money works, in middle school teach them about bank accounts and credit, in high school teach them about mortgages and renting and interest rates and 401ks. Financial literacy and family is the key to success in a capitalist society. But no, they dont teach any of that. Because thats dangerous. They want zombies not critical thinkers. Worker bees willing to demand higher "minimum wage" basically ignorant to the fact that you're de-valuing yourself by letting someone else dictate what YOU are worth. Its an absolute mockery and offensive to us regular people. And the only way to escape is to learn yourself how to navigate the system, use the system that the rich use for their own benefit, and crawl your way out of the cycle of multi generational poverty.

rriggsco

Wonder when they are gonna make SNAP benefits only good for u-pick farms.

Adventurous_Rip_385

# maybe SNAP calls or no

SeemoarAlpha

Calls on ivermectin manufacturers, you don't need healthcare since it cures everything and it curbs your appetite so you don't need SNAP.

Y0l0BallsDeep

Fuck SNAP and Medicaid and fuck the freeloaders. I'm done paying for their lazy ass

ReindeerTypical2538

Is there a stock that provides healthcare for dumbfuck maga voters who used to have Medicaid and SNAP bennys before they were cut? If so I’m ALL IN

-IQ200

Medical cut starts 2026, SNAP cut starts in late 2027. Y’all better start figuring it out. I, for one, don’t have that much will to live. Ready to end it all at the earliest inconvenience.

L2F_mens_glutes

# so the poors are loosing Medicare as they got to work 80 hours a month And SNAP food stamps will harder to get Are they trying to pump $ex work industry ?

ProofComplaint780

So, what happens if the SNAP benefit people can’t work 20 hours a week because the minimum wage jobs were taken by ai? This gonna be interesting 👀

mislysbb

Too bad employers aren’t required to offer health insurance in the first place. And SNAP already has work requirements of, surprise surprise, 80 hours a month: https://www.fns.usda.gov/snap/work-requirements So where’s this 1 trillion going if it isn’t being pulled from Medicaid? https://www.kff.org/medicaid/issue-brief/allocating-cbos-estimates-of-federal-medicaid-spending-reductions-across-the-states-senate-reconciliation-bill/

mislysbb

Here’s the thing; most states already have work requirements for Medicaid and SNAP. So “adding in work requirements” does nothing. 1.1 trillion is being cut from these programs, and if you think such a large cut isn’t going to have an effect on millions enrolled then I don’t know what to tell you. And I said nothing about tax cuts, which simply maintains the status quo. Big whoop.

mtdan2

Yeah I don’t think people understand what causes inflation and what we are about to experience. When the dollar goes down it takes more of them to buy something from another country. Anything imported which is most everything or at least part of most everything you buy in the US will go up in price. Then you add Trumps idiotic Tariffs that he has somehow successfully reframed as something the other country pays for and you are paying a huge amount more for that. Then once we see the affects of massive spending cuts from the federal government we will see large state side tax increases to cover their deficits. Add on massive cuts to SNAP, Medicare and Medicare and job layoffs of government employees. Basically life is gonna get a lot more expensive so that people making over $200K a year can get additional tax cuts and corporations can get tax cuts that they will use to invest in AI and automation replacements of their employees. I am just glad I am in the tax bracket that will get a huge cut, have already made my plan B, and work for myself so I won’t get laid off, but the future for most people is not looking great.

Scar589

What can I say bol, you really messed it up: no Medicaid, no SNAP, got student debt to pay off and... you bought calls on top.

NigerianPrinceClub

RIP to those who rely on SNAP for food

AverageNo130

SNAP appears to be part of BBB just passed. Does that mean SNAP is no longer part of thr Farm Bill? Last year a large part of the Farm Bill delay was due to diagreements about SNAP funding. SNAP has been the biggest part of the Farm Bill. So without SNAP it seems the Farm Bill should be closer to passing?

Goodthrust_8

Who benefits: Wealthy Individuals and Corporations: The bill extends and expands tax cuts from the 2017 tax law, primarily benefiting high-income earners and corporations.  Businesses: Businesses may see benefits from immediate write-offs for equipment and research costs.  Specific Groups: Some provisions, like the expanded child tax credit, could benefit families, though the full credit might not reach all low-income families.  Who is hurt: Low-income Individuals and Families: The bill proposes cuts to Medicaid and SNAP (food stamps).  People in Rural Areas: Rural residents who rely more on Medicaid for healthcare could be disproportionately affected by cuts.  Those Losing Medicaid or SNAP Benefits: Many individuals losing benefits may not have access to job-based health insurance or other forms of assistance.  Children and Pregnant People: The bill would cut funding for the Children's Health Insurance Program (CHIP) and Medicaid, impacting a large number of children and pregnant individuals.  Taxpayers in High-Tax States: The bill includes a cap on state and local tax (SALT) deductions, which will affect taxpayers in states like New York. 

rprlt04

💸 Rich get richer. Poor get screwed. • Massive tax cuts go to wealthy individuals, big corporations, and high earners. Tips, bonuses, and even gambling losses get sweetened—but only if you already have money to lose. • Low-income families? You’re looking at cuts to Medicaid, food stamps, and school meal programs. That means less healthcare, more hungry kids, and school systems losing millions. ⸻ 🏥 Medicaid & SNAP gutted. • If you depend on Medicaid for healthcare, you could lose coverage entirely. • If you’re a single mom, working class, or disabled, you’re now forced to work more or meet strict requirements just to eat or stay insured. • Foster kids and refugees? Good luck. The bill strips protections from the most vulnerable. ⸻ 🧱 Billions to the border, ICE, and war machines. • Over $100 billion poured into deportations, border wall expansion, and military weapons, including missile defense programs — while Americans lose basic healthcare and food support. • Immigration isn’t just restricted — it’s militarized. ⸻ 🌎 Clean energy erased. Fossil fuels rewarded. • Solar, wind, and EV incentives? Axed. • Oil and gas? Handed more tax breaks. • That means higher energy bills, slower progress on climate, and dirtier air — especially in poor and rural areas. ⸻ 🎓 Kids, especially poor ones, lose again. • Schools lose millions in funding because students won’t qualify for Medicaid or SNAP. • School lunches, mental health services, IEP support, all hit hard. • A shiny new voucher program lets rich kids go private on your tax dime. ⸻ 🧾 CFPB gutted — consumers left on their own. • Predatory lenders, banks, and credit agencies just got a green light to do whatever the hell they want. • The agency that protects you from financial abuse? It’s being strangled. ⸻ 📉 National debt explodes. • The bill adds $3.3–$3.8 TRILLION to the debt in 10 years — with nothing concrete to pay it back. • That means future cuts to Social Security, Medicare, or public safety nets are inevitable. Boomers got theirs. You’re paying for it. ⸻ 🧠 The Philosophy Behind It: This bill is not about balance. It’s about redirecting government spending away from the poor, the working class, and the future — and putting it into the hands of the already-powerful. ⸻ If you’re: • Rich, white-collar, investor class — You win. • Poor, working class, disabled, immigrant, or raising kids — You lose. • A child — You get scraps, maybe. This is reverse Robin Hood at scale: steal from the poor to supercharge the rich — wrapped in patriotism and “economic freedom.”

BlanchedBubblegum

You would literally have made more money from taxes if they did not pass this bill. The only people that benefit from this are people making over 214k/year. It cuts Medicaid/medicare/SNAP for millions of Americans. And now states are now having to foot the bill for 75% of the costs of SNAP as opposed to the previous 50%, which you will be paying for with your state taxes.

gami2billy

the bill just cut SNAP assistance. snapchat puts were literally free money ppl

DepartureQuick7757

Big beautiful bill just lowered my taxes, sucks for ppl on Medicaid and SNAP tho

Wall_St_Bussy

I saw you pull that SNAP card out your Gucci bag, but that’s none of my business

chikenbeer

Bro they taking away my SNAP how am i gona get gummy bears and oreos now?

gatorsrule52

There are still taxes on ss, tips and overtime. The “no tax on tips” is especially scummy because it’s only up to a 25k deduction you apply for when you do your taxes and if you’re poor, you already aren’t paying much in taxes making it useless. Most people reliant on tips, especially cash, just won’t report it like they’ve been doing lol. The cuts to SNAP and Medicare will break the poor. Rural hospitals will close from this. There’s nothing to like about the deficit rocket

Affectionate-Idea690

IN THE BBB, people who need help affording food: fewer will get it More Americans who receive food stamps would have to work to keep their benefits. The bill would broaden the existing work mandate to enrollees ages 55 to 64 and parents of children ages 14 and older, as well as to veterans, former foster youth and people experiencing homelessness. Enrollees in the [Supplemental Nutrition Assistance Program](https://www.cnn.com/2025/05/23/politics/food-assistance-gop-big-beautiful-bill-cbo), known as SNAP, the formal name for food stamps, may also face other changes: Many states would also have to cover part of the benefit costs for the first time and pay more of the administrative costs, both of which may force them to tighten benefits, cut eligibility or make other alterations, including potentially withdrawing from the safety-net program. Also, the growth of food stamp benefits would be limited in the future. sad but true, calls on SEZL, Affrim, and any other Buy now, pay later, and door dash

IntrepidFarmer5666

#SNIP ##SNAP #SNIP ##SNAP #SNIP ##SNAP THETA 🔫  Market makers 

reelcon

What is there to dislike? I see tax friendly, Entrepreneurial friendly, social security friendly, defense friendly aspects which drive stocks in all segments. 1. Major Tax Cuts for Working- and Middle-Class Families • Households earning less than $50,000 receive the largest proportional tax cuts, with reductions ranging from 7.2% to 27.1% depending on income bracket. • The typical family is projected to see up to $10,900 in additional take-home pay annually, with workers’ wages increasing by as much as $7,200. • Middle-income households can expect annual tax cuts between $500 and $1,500. 2. No Tax on Tips, Overtime, and Social Security • The bill eliminates federal income tax on tips and overtime pay, directly benefiting hourly and service workers, who could see up to $1,300–$1,400 more per year. • For seniors, 88% of Social Security recipients will pay zero tax on their benefits, amounting to the largest tax break for seniors in U.S. history. 3. Expanded and Enhanced Family Credits • The Child Tax Credit is increased to $2,200 per child, though it is not fully refundable for the lowest-income families. • The bill locks in the doubled standard deduction, raising it to $31,500 for families. • Childcare and adoption tax credits are expanded and indexed to inflation, easing the burden of rising childcare and adoption costs. 4. Business and Economic Growth Incentives • The 2017 Trump tax cuts are made permanent, including lower rates for individuals and businesses. • Immediate expensing for business equipment and research is made permanent, benefiting capital-intensive industries. • Up to 7.2 million jobs are projected to be protected or created, with 1 million new jobs annually from small businesses. 5. State and Local Tax (SALT) Deduction Expansion • The cap on the SALT deduction is raised from $10,000 to $40,000 for five years, providing relief to taxpayers in high-tax states. 6. New Savings and Education Provisions • “Trump accounts” are introduced: babies born between 2025–2028 receive a $1,000 government-funded investment account, with parental contributions allowed. • 529 education savings accounts are expanded to cover K-12 materials and postsecondary trades credentials. 7. Medicaid and Social Program Adjustments • The bill claims to protect and strengthen Medicaid for the most vulnerable, while introducing work requirements for able-bodied adults without young children and removing ineligible recipients. • Food assistance (SNAP) eligibility is narrowed, with work requirements for able-bodied adults. 8. Defense and Border Security Funding • Significant new funding is allocated for border security, including construction and staffing, and defense modernization

OneBoobAttaTime

If a ton of people are going to lose their SNAP benefits does that mean puts on junk food companies like Pepsi? Or am I an awful person?

bmp5046

Hold RGTI & SMCI. Buy SNAP & RIVN.

Pro_Human_

If you look at how it’s actually laid out, the poorer you are, the less tax cut you get. You get a tiny tax cut if you’re poor but also if youre on Medicaid you’re losing your healthcare and if you use SNAP you’re about to start going hungry. But at least you get the privilege of giving billionaires a fat tax cut and you get to boost the military funding and ICE funding. Yayyyy gestapo!!!! /s

FippyDark

actually he gave 9.50$ price target and a specific date. SNAP literally shot up to 9.25$ on that exact date.

ChairmanFirstClass

SNAP is looking GOOD!

AnoAnoSaPwet

Just wait for the BBB to pass and then watch the USDXY shoot downward.  Nothing like cutting off millions of Medicare, Medicaid, SNAP, to fund billionaire tax cuts, and not just that! New debt accrued to fund even more billionaire tax cuts! 

TheInkDon1

I took a look at the chart and wasn't impressed with the 5y or the 1y, but what's pushing it up these last few days? I don't know much about Snapchat the company, and less about the app, but there's maybe a case to be made that it was an $80 stock 4y ago, so maybe it can get there again? Looking at the option chains, IV is pretty high, but not too crazy. I didn't look at IVR. The 352DTE 5C might be at about 80-delta, the AH numbers are kind of wonky. 4.70 Mid to buy that gives you nearly 2:1 leverage to shares. Coming in to 108DTE (3 months is as close as I buy Calls), the 17Oct7C for 2.78 does look sexy. Leverage: (9.35 / 2.78) x 0.86 (the delta) = 2.9 times So if SNAP goes up 0.66 like it did today, that Call goes up 1.90. And 1.91 divided by the purchase price is a 68% gain. If I bought that, I'd sell the 31DTE 26-delta 1Aug11.5C against it for 0.32. ROI is: 0.32 / 2.78 = 11.5% in a month. 135% apy. Very nice.

Inevitable-Ear7641

I’m looking at SNAP ITM calls and they look super sexy. I’m going to start paying attention to this .8 delta thing. It just makes more sense and is way smarter and i need to be smarter

Groundhog_fog

And his SNAP estimate underwhelmed

ThermalChaser

So that's where my SNAP funds went

RoccoFb

SNAP saving my day

Affectionate-Top2380

Short QS, SNAP

ebfeebfe

$SNAP up +9% tells you they are buying everything that has a ticker

Happy_Discussion_536

u/Xzlk >So what’s actually in this big queefy bill? Is the government gonna start DCAing into GOOG by chance? * Basically spending up in almost every major program except Medicaid and SNAP. Those who can work, able-bodied adults no longer get coverage. Parents with kids under 14 are excluded. * Bigger deficits next year. Extend all tax cuts from 2017. No tax on tips and overtime. Border defense spending, energy spending up, higher SALT deductions (10k to 40k), business tax reductions extended. * This combined with rate cuts coming soon (Powell said if it wasn't for tariffs he was already going to do it, hinting it's coming soon). Regardless combined with Trump's new chair next year, return of modest inflation and robust nominal growth. Basically SPY will be pumped like crazy. Expect 720 EOY 2026, 650 EOY 2025.

Adventurous-Quit-669

Glad i did buy SNAP on margin under 8.5

jrex035

If you're long, you should HATE this bill. Gutting research and education spending, spending on green energy (while we're already looking at a huge energy shortfall as is), healthcare and SNAP for the poor (preventive care is much cheaper than treatment), and cutting taxes on people who need it the least all while blowing up the already insane deficit and adding trillions to the debt might be good in the short-term, but the longterm damage is immense. If you arent close to retirement, this bill is going to be much more of a longterm hindrance to your investments than a benefit.

ThetaGrim

Why SNAP up 8%? 

bmp5046

is there news on SNAP or something

RoccoFb

!banbet SNAP 10$ 3D

Coolguyokay

No mention of SNAP or the 16 million people losing healthcare. This guy is scum

BreadSea7272

SNAP? More like SLAP. Slapped my portfolio green, baby!

FawningDeer37

I don’t think people how zoomed out and truly processed how colossally retarded this admin is. You’re doing a trade war, massive Medicaid and SNAP cuts, Iran conflict, militarized police state bullshit all at the same time. You can maybe do two of those at once. This whole thing is just gonna be a gigantic mess for the American taxpayer to clean up.

aDonkeyWithACarrot

TIL that SNAP was valued at 150B in 2021 😂

Phynx88

True, it's always eye opening to see purported "Christians" gleefully cheering on people with food insecurity losing their SNAP benefits

Reasonable_Handle291

Work requirements for SNAP recipients. It was a good run Traders but time to get a real job.

penguincheerleader

Gutting SNAP, Medicare, and basic funding will probably destroy the economy over the next year but on Monday the market will celebrate.

jmd709

Yep, Republicans in Congress are letting DJT do the dirty work by using tariffs as an indirect tax increase on all US consumers while they pass a massive, expensive bill filled with new tax cuts for the wealthy and spending cuts for Medicaid, Medicare, and SNAP.

BigBuckNovember

Potential big $ up for grabs on SNAP $8.50 0dte puts

Xzlk

Ironically a top signal that fucking SNAP is up 8%

Adventurous_Win_1939

Put some respect on SNAP

stock_dude9

lol at getting downvoted to hell yesterday for sharing my DD on SNAP and everyone telling me how wrong I am. 500 shares off to a good start

bmp5046

why tf is SNAP up? i mean, i own it but it's still a piece of shit lately

stock_dude9

I haven’t been bullish on SNAP ever until now to be fair. It’s hard to pass up a depressed stock with a valuation this low however, I just started a position today at $8.04 per and 400 shares. It’s a starter position, I’ll give it 2-3 quarters to do something and if it’s still stalled or lower after I’ll sell and move on. Have lots of winning positions and dividends regardless!

Interesting_Leg8859

is this a joke ? SNAP had since their IPO to figure out how to monetize their user base lol. Just buy RDDT.

PROMlSED

I cannot believe people are still pushing SNAP in 2025

MrBigBossMan

Remember when SNAP was trading over $80 lmaooo

IntrepidFarmer5666

##SNIP #SNAP ##SNIP #SNAP ##SNIP #SNAP Theta 🔫