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but the tax savings for the rich will create jobs and increase wages..
bwhahahaha.. I'm joking. That won't happen.
Still wondering why people believe that nonsense. It's been a proven fraud for decades. Look at Corporate CEO salaries. The more profits they make, the more their executives take home. They have no reason to hire more people.
I'd like a law like Switzerland where CEOs can't make more than a certain factor above their lowest paid. So if a secretary makes $50,000, the CEOs can't make more than say $500,000.
Where as in the US, Secretary makes $35,000. CEO makes $120 million plus stock options.
Republicans have really made this the worst country in the developed world on pretty much every level.
I don't pay 25% federal income tax, I lose 1/4 of my checks to FICA and federal and state income tax all combined. 1/3 of my income is from overtime pay, so that might have something to do with it, my hourly rate for standard time is $16/hr, so I probably only get taxed at what 40 hrs per week would be at my hourly rate ($33,280). But I get 15-20 hrs per week of time and a half ($24/hr) which brings my average gross to $1k/week
It's also a huge attack on wealthy blue states. Eliminating state/local taxes, cap on $500,000 for mortgages, cap on property tax deductions, no student loan deductions, etc.
It's literally a middle finger to the states with a high cost of living, which will just make their cost of living astronomically worse.
Republicans are so beyond evil, they're cartoon villains at this point.
Funny how the left doesnt mind paying such high costs to live in these blue states, extremely high taxes for example, but when it comes down to the federal government
waaaaa.. waaaaa.. someone else should pay...
What is beyond stupid in your posting is you are claiming its very expensive to live in these areas and thus they obviously have to earn more to live there, which means they will benefit from lower taxes you keep whining about, while then crying that they are eliminating deductions..
Which is it? Are they the rich, and thus receiving tax cuts, or are they poor and cant afford the reduction of deductions?
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