Toddsterpatriot
Diamond Member
It's going to phase out for you boy. So the rich and corporations will keep getting their breaks but your breaks will expire. And you don't care? Sucker.How does one propose a tax cut that is unpopular?
You don't.
But when the media lies, nonstop, saying the tax cut will raise middle class taxes, people believed them.
CHARTS: See How Much Of GOP Tax Cuts Will Go To The Middle Class
The numbers look bleaker a decade out for most American households. To help ensure their bill met the budget limits Republicans had set for themselves, lawmakers set many individual income tax changes to sunset after 2025 (however, they made cuts to corporate tax rates permanent).
As a result, the Tax Policy Center predicts that in 2027, the average tax cut would amount to $160, or just a 0.2 percent income bump.
This would mean a tiny tax bump for many lower- and middle-class households — the average $50,000 to $75,000 — earning household would have a tax bill that is $30 higher than today. The average household earning more than $1 million would get a cut of more than $23,000.
Look at them widening the gap between the rich and poor.
Thanks for the link. And for proving the media was lying about the bill hiking taxes on the middle class.
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As a result, the Tax Policy Center predicts that in 2027,
ZZZ.......sorry, I fell asleep after 2027. DERP!
It's going to phase out for you boy.
The Dems could make my cuts deeper and permanent.
Or don't they want the middle class to keep more of their own money?