Trump tax cuts give the poor $40 each ultrarich $940000 At this point what difference does it make?

[Mikeoxenormous]

Trump tax cuts would give the poor $40 each, ultrarich $940,000

Including the tax hikes, the overall plan would give the average family earning under $25,000 per year a $40 tax cut, or a 0.3 percent boost in after-tax income. The top 0.1 percent, earning above $3.4 million a year, would get an average tax cut of $937,700, or a 13.3 percent boost in after-tax income.

Since the poor doesn't pay into the federal income tax, for them to get 0.3 still gives them a pay raise. The rich who pay over 50% of the federal tax burden and over millions of dollars a year, to get some of that money back, will not only enable the economic engine to rev up, but also give the Feds more in tax revenue, because the rich spend more, while the poor doesn't. At one time I was a $40 tax guy, but since then I will be one of those that get a break from paying outrageous taxes, so others can sit on their liberal asses, and continue to vote for the very people stealing my money.

 

[TNHarley]

Why is it the dumbest people on the internet are always rich?

 

[Mikeoxenormous]

Why is it the dumbest people on the internet are always rich?

A statement from a dumbass poor person...

 

[TNHarley]

Why is it the dumbest people on the internet are always rich?

A statement from a dumbass poor person...

You made a funny, Rderp (R)!

 

[Fenton Lum]

Trump tax cuts would give the poor $40 each, ultrarich $940,000

Including the tax hikes, the overall plan would give the average family earning under $25,000 per year a $40 tax cut, or a 0.3 percent boost in after-tax income. The top 0.1 percent, earning above $3.4 million a year, would get an average tax cut of $937,700, or a 13.3 percent boost in after-tax income.

Since the poor doesn't pay into the federal income tax, for them to get 0.3 still gives them a pay raise. The rich who pay over 50% of the federal tax burden and over millions of dollars a year, to get some of that money back, will not only enable the economic engine to rev up, but also give the Feds more in tax revenue, because the rich spend more, while the poor doesn't. At one time I was a $40 tax guy, but since then I will be one of those that get a break from paying outrageous taxes, so others can sit on their liberal asses, and continue to vote for the very people stealing my money.

Privatized gains versus socialized losses for the Wall Street bankster class
Internalized profit versus externalized risk and expense for the "job creator" class
Socialism for the aristocracy versus laissez-faire capitalism for the masses

That's your system, and it will continue to unravel. Watch.