rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
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Who in Greece is seeing that money?The fact that even the Greek ecomomy is getting better is proof that lifting tides lift all boats..How many times have we heard socialists bitch and moan about the filthy wealthy. The 1%ers! And how many times have we heard "trickle down" doesn't work or "rising tide lifts all boats" is wrong?
YET my simple question that even the most IGNORANT socialist, 1%er hater seemingly can't answer is this:
Do the filthy wealthy bury their wealth in the backyard or hide under their mattresses ?
Seriously folks what happens?
Those evil filthy wealthy 1%ers buy yachts. Yep they do ...who builds them?
They buy private jets. Who builds them?
They buy mansions. Who builds them. Who staffs them?
So ignorant people point out that "trickle down" doesn't work. Trump tax cuts were wrong. The little people aren't
getting the share and the filthy wealthy,
why they are ...."burying their wealth in the backyard or hiding under their mattresses"....???
Today's employment picture show more jobs than people to fill them!
Each of those NEW jobs creates TAX REVENUE to the federal government.
PROOF?
The economy added 3.2 million jobs since Trump took office:
Trump's Numbers (Second Quarterly Update) - FactCheck.org
Let's assume that each job pays Median household income in the U.S. rose to an estimated $59,055 in January 2018, an increase of nearly 0.4% from our December 2017 estimate of $58,829.Mar 1, 2018
https://seekingalpha.com/article/4152222-january-2018-median-household-income
So 3.2 million times $59,055 is at 12.4% payroll taxes $23.3 billion a year ... additional federal payroll revenue.
So what has happened to the $190 billion in gross income these 3.2 million job holders generated?
Did they bury in the backyard or hide under their mattresses?
Of course not...
So why then do ignorant people continue to use that phrase "trickle down" as a failure?
Look at the following chart and tell me how many of these 50 S&P companies are hiding their tax break
under the mattress or burying in the backyard?
View attachment 223060