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- #441
From the 2nd paragraph of your OWN POST!This silly pile of leftwing media balderdash was thoroughly refuted in Post # 342. In case anybody missed it, here it s again >>
And the responses didnt carry any weight either. Oh, so the top 1% of earners after-tax incomes increased more than those of middle- and lower-income earners. Well, that's because the MAKE more money, Duh!
- Trump cut taxes more for the lower income groups than for the rich - 3 & 4 % than the rich top bracket > 2.6%
- after 3.5 years of Biden's presidency, we have seen no change in taxation on the rich. Still a relatively low 37%.
- Previous Republican presidents had MUCH higher tax rates on the rich.
- Federal income tax rates and brackets | Internal Revenue Service
- Blue states with bans on rent control, include these states that Biden won in 2020 >> Washington, Arizona, New Mexico, Colorado, Wisconsin, Illinois, Michigan, Virginia, Georgia, New Hampshire, Massachusetts, Connecticut,
- Blue states without a ban, but they also DON'T HAVE rent control >> Nevada, Nebraska, Minnesota, Pennsylvania, New York, Vermont, Maine, Rhode Island, Hawaii.
- So out of 27 blue states, 22 either don't have rent control statewide, or have a ban on it (13 of them).
- In 2016, Hillary Clinton got more $$$ from Wall St fat cats than Trump & Sanders.
And the fact still remains that the tac cuts for
the lower income groups were larger than than those for the rich.
I have dismissed your INvalid arguments WITH substance, and have focused on facts, which you choose to ignore, Like these >>
Since Eisenhower, Republicans have had tax rates on the rich of 70-92%. In 20 years of Clinton, Obama , and Biden, the tax on the rich never went higher than 39.6%.
Whether you ignore it or not, it remains reality.
Hillary got more Wall St donation$$$$$$ than Trump. Ho hum.
The Tax Cuts and Jobs Act of 2017 did provide tax cuts across the board, but the benefits were heavily skewed toward the wealthy and corporations. According to analyses by the Tax Policy Center, the top 1% of earners received a significant portion of the benefits, with their after-tax incomes increasing far more than those of middle- and lower-income earners. Additionally, many of the tax cuts for individuals are set to expire in 2025, while corporate tax cuts are permanent.